Will the Low Interest Rates Continue?

As of today, we have seen the 30-year fixed mortgage rate average in at around 4.3%.  The big question is how long will this last?  According to the National Association of Realtors Chief Economist, Lawrence Yun, there are two reasons interest rates are low.  One is low inflation and the other are the Federal Reserve’s [...]

Tags: first time home buyer, hillsborough county, home buyers, interest rates, mortgage rates

10 Reasons First-Time Homebuyers should Buy Now

If you are a first-time homebuyer with a job and fairly decent credit, your dream of owning a home instead of throwing away your money in rent can come true.  There are so many incentives available to you that you simply cannot afford to wait.  Below is a list of the top 10 reasons I [...]

Need to Find a Job?

Finding a job in today’s economy is very tough.  Employers have their pick from the cream of the crop and are no longer seeking the fresh, young college grad.  Why would they when they can hire an experienced person with impressive credentials for the same amount of money?  Employers know people are desperate and are [...]

Buyers Beware of Chinese Drywall

A new and growing concern in the Florida real estate market is drywall that was manufactured in China.  U.S. manufacturers of drywall couldn’t keep up with new homebuilders demand during the housing boom from 2000 to 2006.  In addition to the housing boom, Florida suffered through a bad hurricane season that dramatically increased the need [...]

First-Time Homebuyer Tax Credit Seems to be Working

I have seen a strong influx of first-time homebuyers coming off the fence and helping the housing market and the economy.  The $8000 tax credit that became effective as of January 1st this year is apparently working.  Not to be mistaken with a tax deduction, this is a true tax credit.  The benefit of a [...]