Dec. 27, 2016

Follow the Seniors

NEW YORK (AP) – Dec. 20, 2016 – Some small business owners looking for customers are following the nation's changing demographics – literally. They're moving long distances to places like Florida, Arizona and California, expecting retiring baby boomers to migrate to warmer climates.

Jeff Tremblay relocated to Florida ...

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Dec. 16, 2016

30 Year Mortgage rates rise to 4.13%

WASHINGTON (AP) – Dec. 15, 2016 – Long-term U.S. mortgage rates climbed for the seventh straight week following Donald Trump's election victory, again marking new highs for the year.

Mortgage giant Freddie Mac said Thursday the average rate on a 30-year fixed rate loan rose this week to ...

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Dec. 15, 2016

Don't let hackers steal closing funds

We all know how important it is to keep our email systems bug-free and secure, but real estate licensees now have an especially pressing reason: Foreign hackers are methodically targeting licensees across the country with the goal of stealing home buyers’ money at settlements. That’s right – they are robbing ...

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Dec. 15, 2016

NAR forecast for 2017

WASHINGTON – Dec. 14, 2016 – Existing-home sales are forecast to muster only a small gain in 2017 because of increasing mortgage rates and shrinking consumer confidence that now is a good time to buy a home, according to new consumer survey findings and a 2017 housing forecast update from ...

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Dec. 15, 2016

Fed raises interest rates.

WASHINGTON (AP) – Dec. 14, 2016 – The Federal Reserve is raising a key interest rate for the first time in a year, reflecting a resilient U.S. economy and expectations of higher inflation. The move will mean modestly higher rates on some loans.

The Fed signaled in a statement ...

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Dec. 14, 2016

TDC Markets International Guest

The Tourist Development Council knows Panama City Beach has the world's most beautiful beaches, but they want the rest of the world to see for themselves.
"This is an emerging market for us. The international traveler is something that is new to the destination, really," said Jayna Leach ...
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Dec. 13, 2016

Rising rates could tighten inventory

NEW YORK – Dec. 12, 2016 – A sustained period of rising rates could freeze homeowners who currently have a historically low mortgage rate – homeowners who might want to upgrade to a bigger or better house, but who make a financial decision to stay put in order to save ...

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Dec. 8, 2016

Florida will dominate the market in 2017

SAN FRANCISCO – Dec. 7, 2016 – The recent presidential election had a strong influence on buyers' attitudes based on political party, according to the 2017 Housing Outlook Report released by Trulia. The surprising outcome injected both optimism and pessimism into consumers' expectations about next year's housing market.

  • After ...
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Dec. 5, 2016

Good time to move up to bigger home

NEW YORK – Dec. 2, 2016 – Smaller homes have seen significant price growth over larger ones, and that means some homeowners may be sitting on a lot of equity – more than they may realize. With mortgage rates still low by historical standards but expected to edge up soon ...

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Dec. 2, 2016

30 Year Mortgage rates rise to 4.08%

WASHINGTON (AP) – Dec. 1, 2016 – Long-term U.S. mortgage rates marked a fifth week of surges in the aftermath of Donald Trump's election win, reaching their highest levels this year.

Mortgage giant Freddie Mac said Thursday the average rate on a 30-year fixed rate loan rose to ...

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