Mortgage Rates Dropped – What Does That Mean for You?

Mortgage rates just dropped last week—and this is the first meaningful relief we’ve seen in months. Right now, the average 30-year fixed mortgage rate is in the mid-6% range, down from just over 7% earlier this year.Now, half a point might not sound like much, but when you run the numbers, it’s huge

Tampa, Florida, home prices fall for fourth consecutive month

What's Happening and What It Means For YouTampa-area home prices are experiencing a sustained decline, with July marking the fourth consecutive annual price drop for all property types. Condominium prices, in particular, have fallen significantly for 12 months straight, dropping nearly 25% since Se

Affordability Gap

The affordability gap between new and existing homes is widening. New home prices have increased as builders focus on larger, higher-end properties, while existing home prices remain relatively stable. Despite the price difference, new home sales are increasing, possibly due to incentives builders o

The Truth About Down Payments (It’s Not What You Think)

Buying a home is exciting… until you start thinking about the down payment. That’s when the worry can set in.“I’ll never save enough.”“I need a small fortune just to get started.”“I guess I’ll just rent forever.”Sound familiar? You’re not alone. And you’re definitely not out of luck.Here’s the thing