As of 2023, the real estate market in Tampa, Florida, is experiencing various trends and fluctuations. Here are some key insights:
- Closed Sales: There is a notable year-over-year decrease of -7.8% in closed sales.
- Year-to-Date Sales: Show …
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### Purchase Rates
- **30-Year Fixed Rate**: 7.53% (APR: 7.54%)
- **20-Year Fixed Rate**: 7.50% (APR: 7.52%)
- **15-Year Fixed Rate**: 6.79% (APR: 6.83%)
- **10-Year Fixed Rate**: 6.82% (APR: …
View MoreLooking to invest in the housing market? Now is the time! With the recent Fed hikes and default fears, loan costs are expected to increase 22%, creating a problem for buyers. Don't miss out on this chance to buy now. What are you waiting for?
A 203k loan, also known as an FHA 203k loan, is a type of mortgage loan that is designed to help homebuyers purchase a fixer-upper property and finance the cost of repairs or renovations into the loan. It can be a valuable tool for buyers who are interested in purchasing …
Banking sector fears were responsible for a nice little drop in mortgage rates over the past 2 weeks. As those fears subside (to some extent, anyway), the market reaction has reversed to some extent. This is most noticeable in the stock market in the US.
Stocks don't dictate interest …
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By Matt Ott
It’s the fifth weekly increase in a row. Last week, the 30-year, fixed-rate loan averaged 6.65%. One year ago, it was 3.85%.
WASHINGTON – The average long-term U.S. mortgage rate rose …
Your agent needs to know what loan would work best for you and how you can utilize the sellers contribution to your closing costs. Different loans have different guidelines on how much a seller can contribute to a buyers closing costs.
In the case of a USDA …
View MoreFinding the best loan for you doesn't have to be a difficult process, especially if you know your score, how much you have to put down and how much you have for closing costs. FHA, VA, USDA, …
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The U.S. housing market is slowly rebounding, according to the latest data from Realtor.com, but the story is different in Tampa Bay.... READ MORE
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Curious about local real estate? So are we! Every month we review trends in our real estate market and consider the number of homes on the market in each price tier, the amount of time particular homes have been listed for sale, specific neighborhood …