U.S. home prices rose in May, but at a slower pace. S&P Case-Shiller’s National Home Price index reported year-over-year home price growth of 19.70 percent in May as compared to April’s record year-over-year home price growth pace of 20.60 percent. Tampa, Florida led the 20-City Index with year-over-year home price growth of 36.1 percent; Miami, Florida followed with year-over-year home price growth of 34.0 percent. Dallas, Texas reported year-over-year home price growth of … [Read more...]
S&P Case-Shiller Home Price Indices: National Home Price Growth Slows in May
U.S. home prices rose in May, but at a slower pace. S&P Case-Shiller’s National Home Price index reported year-over-year home price growth of 19.70 percent in May as compared to April’s record year-over-year home price growth pace of 20.60 percent. Tampa, Florida led the 20-City Index with year-over-year home price growth of 36.1 percent; Miami, Florida followed with year-over-year home price growth of 34.0 percent. Dallas, Texas reported year-over-year home price growth of … [Read more...]
Why are home prices and interest rate on a rise for 2022?
Mortgage Rates and Home prices are going UP UP UP. You probably noticed that home prices have been on the rise and interest rate are following since January of 2022, But you may not know why. Hi I'm Racheli Refael a mortgage advisor here in Sunny South Florida. Let me go over 5 reasons why this is happening and what you can do to prepare. The unfortunate thing is that all those forces are happening all at the same time like The perfect Storm. Artificially … [Read more...]
The Biggest Mistake Millennials Are Making Is Not Buying A Home | David Bach | CNBC .
David Bach A Personal Financial Expert Says: The Biggest Mistake Millennials Are Making Is Not Buying A Home | on CNBC. Many ask and tell me daily: Why should I buy a Home, What’s the benefit? I don't even know if I qualify Buy A Home, How to Buy a Home? and many more questions. Millenials coming out of school with student loans, sometimes feel that Buying A Home may be a far distant dream. What you have going for you is hopefully not many obligations... you didn't acquire much Credit … [Read more...]
5 Reasons Why Millennials Choose to Buy a Home [INFOGRAPHIC]
5 Reasons Millennials Choose to Buy a Home [INFOGRAPHIC] Some Highlights: “The majority of millennials said they consider owning a home more sensible than renting for both financial and lifestyle reasons — including control of living space, flexibility in future decisions, privacy and security, and living in a nice … [Read more...]
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