Buying & Selling Homes with The Collura Team

    Applying For A Mortgage: Why So Much Paperwork? We are often asked why there is so much paperwork mandated by the bank for a mortgage loan application when buying a home today. It seems that the bank needs to know everything about us and requires three separate sources to validate each and every entry on the application form. Many buyers are being told by friends and family that the process was a hundred times easier when they bought their home ten to twenty years ago. There are two very good reasons that the loan process is much more onerous on today’s buyer than perhaps any time in history. The government has set new guidelines that now demand that the bank prove beyond any doubt that you are indeed capable of affording the mortgage. During the run-up in the housing market, many people ‘qualified’ for mortgages that they could never pay back. This led to millions of families losing their home. The government wants to make sure this can’t happ...

                                                                                                                                                   352-279-0899   Buying a Home Remains 35% Less Expensive than Renting! In the latest  Rent vs. Buy Report  from Trulia , they explained that homeownership re...

                             352-279-0899 Some interesting facts: 25 states are forecasted to achieve higher levels of appreciation in the next 12 months than already achieved in the last year. 25 state and the District of Columbia are forecasted to experience a slow in appreciation. All 50 states & D.C. are forecasted to achieve some level of positive price appreciation. Even though each state is appreciating at different levels, you need to know the Cost of Waiting until next year to buy your dream home!

                                                                                                                                                              352-279-0899 Fla.’s foreclosures down 17% in 3rd quarter  ...

                                                            352-279-0899   How Quickly Are Homes Selling In Your State? [INFOGRAPHIC] by The KCM Crew on October 2, 2015 Some Highlights: The National Association of REALTORS® surveyed their members for their Confidence Index The REALTORS® Confidence Index is a key indicator of housing market strength based on a monthly survey sent to over 50,000 real estate practitioners. Practitioners are asked about their expectations for home sales, prices and market conditions. Homes sold in less than 60 days in 39 out of 50 states and Washington D.C. Only Vermont had a median sold date longer than 90 days.

                                                               352-279-0899          #1 Reason to List Your House Today If you are debating listing your house for sale this year or even early next year, here is the #1 reason not to wait! Buyer Demand Continues to Outpace the Supply of Homes For Sale According to the National Association of REALTORS’ (NAR) Foot Traffic report , there are more buyers out in the market right now than at any other time in the past three years. The graph below shows the significant increase in foot traffic experienced this year compared to 2014. The latest Existing Home Sales report shows that there is currently a 5.2-month supply of homes f...

                                                                          Pending Home Sales Remain Steady Posted: 08 Oct 2015 04:00 AM PDT The National Association of REALTORS’ just released the results of their latest Pending Home Sales Index , which showed a small 1.4% decline in signed contracts in August. Pending sales remain strong year-over-year as they were 6.1% higher than August ’14 and have now risen for 12 consecutive months.   What is the Pending Home Sales Index (PHSI) ? NAR’s PHSI is “a forward-looking indicator based on contract signings”. The higher the Pending Home Sales Index...

                                                                                                                            Real Estate To Stay Strong For 2 More Years NEW YORK – Oct. 7, 2015 – Expect at least three more years of favorable real estate conditions, with the overall housing market projected to continue expanding at steady levels through 2017, according to a new survey from the Urban Land Institute Center for Capital Markets and Real Estate. The results are based on predictions from 49 of the real estate industry's top economists and analysts. Compared to previous forecasts, the lat...

                      #1 Reason to List Your House Today   If you are debating listing your house for sale this year or even early next year, here is the #1 reason not to wait! Buyer Demand Continues to Outpace the Supply of Homes For Sale According to the National Association of REALTORS’ (NAR) Foot Traffic report , there are more buyers out in the market right now than at any other time in the past three years. The graph below shows the significant increase in foot traffic experienced this year compared to 2014. The latest Existing Home Sales report shows that there is currently a 5.2-month supply of homes for sale. This remains lower than the 6-month supply necessary for a normal market and well below August 2014 numbers. The chart below details the year-over-year inventory shortages experienced so far in 2015: Bottom Line Meet with a local real es...