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Friday’s Jobs Report Represents A Big Risk To Low Mortgage Rates

At 8:30 AM ET Friday, the government’s Bureau of Labor Statistics will release its November Non-Farm Payrolls report. Have you been floating a mortgage rate? It may be time to lock.

Posted in: Adjustable Rate Mortgages, Heron Bay, Jobs, Parkland, Parkland FL, Parkland Golf & Country Club, Parkland Golf and Country Club, Parkland Isles, Parkland Reserve, South Florida, The Economy Tagged: Jobs Report, Non-Farm Payrolls, Unemployment Rate

Case-Shiller Index: 17 Of 20 U.S. Housing Markets Slipped In September

Standard & Poor’s released its September 2011 Case-Shiller Index this week. The index tracks home price changes in select cities between months, quarters, and years. The Case-Shiller Index for September showed drastic devaluations nationwide.

Posted in: Case-Shiller Index, Coral Springs, Coral Springs FL, Existing Home Sales, Heron Bay, Housing Analysis, New Home Sales, Parkland, Parkland FL, Parkland Golf & Country Club, Parkland Golf and Country Club, Parkland Isles, Parkland Reserve, Pending Home Sales, South Florida Tagged: Case-Shiller Index, Home Values, Standard & Poors

New Home Supplies Fall To An 18-Month Low

If you plan to buy of new construction in 2012, don’t expect today’s low prices. Like everything in housing of late, the market for newly-built homes appears to be improving.

Posted in: Coral Springs, Coral Springs FL, Existing Home Sales, Homebuilders, Housing Analysis, Parkland, Parkland FL, South Florida Tagged: Margin of Error, New Home Sales, New Home Supply

Home Improvement Projects : How Much Equity Will You Build?

According to Remodeling Magazine’s Cost vs Value Report 2011-2012, for each home improvement dollar spent in 2012, homeowners can expect to recoup just 58 cents in home equity.

Posted in: Around The Home, Around The House, Coral Springs, Coral Springs FL, Home Appliances, Home How To, Home How-To, Home Improvement, Home Values, New Home Sales, Parkland, Parkland FL, South Florida, Statistics Tagged: Cost vs Value, Home Improvement, Remodeling

Conforming Loan Limits Unchanged For 2012

In 2012, for the 7th straight year, the national, single-family conforming mortgage loan limit will remain at $417,000.

Posted in: Coral Springs, Coral Springs FL, Mortgage Guidelines, Parkland, Parkland FL, South Florida Tagged: Fannie Mae, Freddie Mac, Loan Limits

More Sales, Less Inventory : Home Prices Headed Higher?

The housing market continues to signal that a broad rebound is underway. In October, despite sparse home inventory, the number of properties sold increased 1.4% nationwide.

Posted in: Coral Springs, Coral Springs FL, Existing Home Sales, Housing Analysis, New Home Sales, Parkland, Parkland FL, Pending Home Sales, South Florida Tagged: Existing Home Sales, Existing Home Supply, NAR

Maximum FHA Loan Limits Restored To $729,750

As signed into law last Friday, maximum FHA loan limits are — once again — as high as $729,750.

Posted in: Coral Springs, Coral Springs FL, FHA Mortgages, Home Values, Mortgage Guidelines, Mortgage Rates, New Home Sales, Parkland, Parkland FL, South Florida Tagged: FHA, High-Cost Areas, Loan Limits

Using Home Generators? Here’s How To Stay Safe.

Home generators are a leading cause of poisoning by carbon monoxide. Before turning yours on, follow these important safety tips.

Posted in: Around The Home, Around The House, Coral Springs, Coral Springs FL, Home Appliances, Home How To, Home Safety, Parkland, Parkland FL, South Florida Tagged: Home Safety, Power Generator, The Today Show

Housing Starts Rising; New Construction Turns The Corner?

Another day, another signal that the market for newly-built homes is improving. Single-Family Housing Starts rose to a seasonally-adjusted, annualized 430,000 units in October — a 4 percent increase from September and the highest reading in 3 months.

Posted in: Coral Springs, Coral Springs FL, Existing Home Sales, Homebuilders, Housing Analysis, Housing Starts, New Home Sales, Parkland, Parkland FL, South Florida Tagged: Census Bureau, Homebuilder Confidence, Housing Starts

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Parkland FL REALTOR®Jon Klein, REALTOR®, P.A.,GRI

954-415-5595 Direct

954-449-9325 Office

954-827-0464 Fax

jon@jonklein.com

5691 Coral Ridge Drive
Coral Springs, FL 33076

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