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Archive for December, 2015

Ask OurBroker: Are FHA Mortgages A Rip-Off?

Ask OurBroker: Are FHA Mortgages A Rip-Off?

Question: FHA mortgages are government loans. I thought the government was going to help the home buyer and home owners out there to make affordable monthly payments? What’s up with the MIP? This is absolutely a big rip off for the buyer and homeowners. Answer: The FHA program has been around for a long time and […]

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The Story of America’s First Christmas Tree

The Story of America’s First Christmas Tree

Christmas trees now sparkle in millions of homes, but did you ever wonder how the tradition began? No doubt there are many stories regarding the start of this custom, and as we do each year here’s one we’d like to pass along. At first, celebrating Christmas in America — with or without a tree — […]

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Breaking News: US Real Estate Prices Reach Record High

Breaking News: US Real Estate Prices Reach Record High

With real estate prices consistently rising you knew it had to happen and now it has: According to the federal government US home prices nationwide have finally topped the old record high set in March 2007. The figure comes from the monthly House Price Index (HPI) issued by the Federal Housing Finance Agency (FHFA). Each […]

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What Happened To Real Estate Prices in 2015?

What Happened To Real Estate Prices in 2015?

Real estate values increased substantially in 2015 but did they increase enough? “The median sales price of U.S. single family homes and condos in October was $207,500, up 1 percent from the previous month and up 10 percent from a year ago — the highest year-over-year percentage increase since February 2014,” according to RealtyTrac, the […]

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Real Estate, Pensacola & The New American Workplace

Real Estate, Pensacola & The New American Workplace

You can see how part of the new American jobs market is evolving. Just look at the office worker above, toiling away on his latest assignment from that folding chair on Pensacola Beach. The American workplace is changing and with it the needs of business. We’re now into the “sharing economy,” a cutesy term which for […]

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Real Estate Booms – So Why Does Confidence Lag?

Real Estate Booms – So Why Does Confidence Lag?

It’s hard to look at 2015 and think that real estate has had anything but a banner year. As of October, according to the National Association of Realtors, home sales are up 3.9 percent when compared with the year ago while existing home prices have risen 5.8 percent. RealtyTrac, the nation’s leading source for comprehensive […]

Posted in: News