Homeowner Advocate

“Don’t Sell Your Property Without It”

Learn to stop being cheated, by selling your property yourself. Here are the revealing insights that most home sellers don’t know about.

For most people, the prospect of selling their home can be positively daunting. First of all, there are usually plenty of things to do just to get it ready for the market. Besides the traditional clean-up, paint-up, fix-up chores that invariably wind up…

Florida cities see greatest percentage of price cuts as housing market cools

Nationwide, 75% of listings predicted to sell below asking in Q2

Florida cities see greatest percentage of price cuts as housing market cools

Nationwide, 75% of listings predicted to sell below asking in Q2

April 5, 2019 Jessica Guerin

KEYWORDS HOME SALES HOUSING MARKET 2019 KNOCK LISTING PRICE REAL ESTATE REAL ESTATE MARKET 2019

The housing market is tipping in favor of buyers,…

Affordable housing in Florida: Déjà vu, all over again

As the economy has recovered, affordable housing is again an issue in many parts of Florida.

Amy Martinez | 10/26/2018

As home prices rose in the years before the Great Recession, complaints about a shortage of “workforce housing” became common in many communities throughout Florida. Those complaints are back again, with a vengeance. In most fast-growing areas of Florida — particularly in…

How much does Flood Insurance Cost in Florida? Prices & Premiums

 By Susan Augustyniak

 Posted on Monday, June 19, 2017

Flooding is the #1 Natural Disaster in the US. 

In 1968,  The U.S. Congress created the National Flood Insurance Program (NFIP) to help property owners obtain flood insurance.  Congress assigned the responsibility to administer the flood insurance program throughout Florida and the United States to FEMA (Federal Emergency Management Agency).…

Zillow is showing its own listings first for some users

The real estate giant is running tests on its website and app that display its Zillow Offers for-sale homes ahead of other competing listings

By Patrick Kearns Staff Writer

Source: https://www.inman.com/2019/02/01/zillow-is-showing-its-own-listings-first

Real estate search giant Zillow has become the owner of hundreds of homes in the last year through its Zillow Offers service, in which…

REDFIN LISTING HAS SEX DUNGEON

Real Estate Listing For Suburban Pennsylvania House Takes One Hell Of A Turn

Source Digg http://digg.com/2019/sex-dungeon-house-rent-pennsylvania

Original https://www.redfin.com/city/24261/PA/Maple-Glen

Feb 8 2019, 11:29 AM Updated: Feb 8 2019, 2:03 PM

Looking to move to the Philadelphia suburbs? Need a place with 5 bedrooms, 2.5 bathrooms and a little something extra? Deeply…

50 WORST CITIES TO LIVE IN AMERICA

These are the worst cities to live in America. Is yours one of them?

Samuel Stebbins and Grant Suneson, 24/7 Wall Street Published 6:00 a.m. ET Feb. 7, 2019 | Updated 11:12 a.m. ET Feb. 7, 2019

Source: https://www.usatoday.com/story/money/2019/02/07/worst-cities-america-50-places-named-least-desirable-call-home/39006457/

Deciding on the right city to live in will always require some…

The risk lurking in the US mortgage market

by Donna Barak   @donnaborak March 8, 2018: 8:50 AM ET

Low interest rates. Easy credit. Poor regulation. Toxic mortgages.

These were just a few reasons regulators gave for the collapse of the US housing market a decade ago. Since then, regulators have improved the standards that lenders use when Americans apply for mortgages.

But today increasing danger lurks in the mortgage market, and…

EXPERIAN: LOAN DEFAULT RATES ROSE IN DEC

S&P Dow Jones Indices and Experian released data through December of 2018 on Tuesday (Jan. 15) that showed default rates across all loan types increased from November.

According to the S&P Dow Jones Indices and Experian, December of 2018 marked the first time since January of 2017 that all loan types and all metropolitan statistical areas saw an increase in sequential default…

The mortgage industry isn’t ready for a foreclosure crisis created by climate change

The threat to real estate from increasingly extreme weather brought on by climate change is clear, but the threat to the nation’s mortgage market is only beginning to come into focus.

In Hurricane Harvey’s federally declared disaster areas, 80 percent of the homes had no flood insurance, because they weren’t normally prone to flooding.

Serious mortgage delinquencies on damaged homes jumped more…

The Foreclosure Process Explained in 4 Simple Steps

By Jeanne Sager | Aug 21, 2017

The foreclosure process isn’t something any homeowner wants to go through. And yet, the Mortgage Bankers Association estimates that 250,000 new families enter into foreclosure every three months in America.

So how does a foreclosure work? Does a foreclosure always mean a lender will take away your home?

Here’s a look at the steps a homeowner will…

What Is Pre-Foreclosure and When Will Your House Be Repossessed?

By Jeanne Sager | Nov 27, 2017

Don’t let the “pre” part of “pre-foreclosure” fool you: Pre-foreclosure is serious. While your house won’t be taken from you during pre-foreclosure, it’s the first step in the whole foreclosure process, which notifies homeowners their property is in danger of getting repossessed.

What is pre-foreclosure?

If you fall two to three months behind on your 

S&P Dow Jones Indices and Experian released data through December of 2018 on Tuesday (Jan. 15) that showed default rates across all loan types increased from November.

According to the S&P Dow Jones Indices and Experian, December of 2018 marked the first time since January of 2017 that all loan types and all metropolitan statistical areas saw an increase in sequential default rates.

“Consumer credit default rates are giving a caution signal,” said David M. Blitzer, managing director and chairman of the Index Committee at S&P Dow Jones Indices, in a press…

Here’s realtor.com’s hot housing market picks that outperform the national forecasted price growth of 2.2%. Lakeland, Florida tops the list with 7.4% forecasted price growth and 5% in home sales growth. Compare that to realtor.com’s national number on home sales growth of -2%. Grand Rapids, Michigan is in the second spot looking at an 8.2% price growth and 4% sales growth. Ranking at number three…

NEW HOME SALES TANK 19 PERCENT TO END

“I think the 4.5 percent plus mortgage rate is just a double whammy,” said John Burns, CEO of JBRC. “It’s keeping entry level buyers out of the market. They’re very disappointed with what they can afford, and it’s keeping current homeowners who want to move locked in, because their current mortgage rate is so much lower.”

The numbers confirm what some of the nation’s largest public builders…

Zillow Offers direct home-buying operation expanding to more markets in 2019

Zillow Offers direct home-buying operation expanding to more markets in 2019

by Nat Levy on January 17, 2019 at 5:00 am

Source: https://www.geekwire.com/2019/zillow-offers-direct-homebuying-selling-operation-expanding-markets-2019/

Zillow Offers will go live in at least eight more cities in 2019, including five just announced today.

Zillow said today that its direct home-buying and…