Naples, Florida is the new “quiet luxury” capital of America as it provides privacy, peace, and natural beauty rather than the flamboyant life that is offered by Miami to its luxury home purchasers. The price of its luxury homes has escalated but it has maintained a low profile and low density with intense privacy—a dream destination for the private customers!Imagine a destination where billionaires...
This week saw a slight fall in the mortgage rates, thus providing some breathing room to American citizens who are dealing with a very costly housing market. According to the article, the rate for the 30-year fixed mortgage fell to 6.47% for the week ending June 18, compared to 6.52% in the previous week. Although the difference is insignificant, it counts in a very sensitive market.It seems like the...
Ownership costs for property in America will likely appear very different in coming decades. As per a report on the future of the housing market, the median price of an average American house might touch the mark of $1 million somewhere near the year 2050. This means that the achievement is possible in a span of about 25 years from now, while the millennials would be close to retiring by then.This...
Indeed, the FHFA finds itself facing an issue that it can no longer ignore. As noted in the FHFA's most recent annual report to Congress, the FHFA is requesting statutory authority to enforce mortgage fraud directly, whether it be through being allowed to file suit in federal or state court, or by pushing Congress to create a special federal civil cause of action for such enforcement actions. At first...
When it comes to affordable living in a national market where affordability seems but a memory, Topeka, Kansas offers something unique. It ranks among the best cities for price-sensitive buyers, and the statistics prove it.A Price Gap That Speaks VolumesWhat distinguishes Topeka’s real estate scene is its significant discount to the rest of the nation. As per Redfin, the median sales price for houses in...
Compare listings
Compare