The latest mortgage delinquency statistics show that Hurricane Irma is continuing to disrupt local mortgage repayments this month, but in a slightly different way than last month. Short-term delinquency rates (30 days late) are lower than what we saw last month, but more serious delinquencies are still up. Although we have yet to see a foreclosure spike, it sure looks like it is coming.
Tag: realtor
There are plenty of articles full of useful tips for home buyers, especially for first-time home buyers. Accordingly, I am not going to repeat them. Instead, I am going to offer some additional tips that most articles don’t tell you.
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Home Selling Essentials
There are a lot of things to do in order to ensure we get our homes sold fast and at the right price. Fortunately, most of them take little effort and many don’t cost anything. While this list isn’t all inclusive, it should give you a great start.
After going through several new communities in development, they often tend to blend together for most buyers. However, this one stands out for those feeling the urge to stretch out. The lots are all at least one acre, which is refreshingly different than what we are typically seeing with new construction.
While I focus most of my time on what’s happening in Manatee and Sarasota counties, it’s also important to follow the broader real estate trends. Overall, the real estate market in the United States is seeing significant price increases. Over the past 12 months, average sale prices for homes have risen by 6.7%.