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Author Archives: Mark Trafton

Fannie and Freddie To Offer 3% Down Programs!

Breaking News: Fannie and Freddie formally announce 3% Down Programs Yesterday, HousingWire reported that both Fannie Mae and Freddie Mac formally announced their 3% down options on home purchases. Fannie Mae’s plan will be effective December 13, 2014 while the … Continue reading

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Snapshot of Mortgages

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Harvard’s 5 Financial Reasons to Buy a Home

  Eric Belsky is Managing Director of the Joint Center of Housing Studies at Harvard University. He also currently serves on the editorial board of the Journal of Housing Research and Housing Policy Debate. Last year, he released a paper on homeownership - The … Continue reading

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Tallahassee: 2014 Sales Figures Similar to 2013

While Leon County’s housing has rebounded from its lows a few years ago, the strong growth from 2012 to 2013 appears to have leveled off.  The graphs below show that our market numbers are very similar to the numbers a … Continue reading

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13,836 Homes Sell Every Day in the U.S.

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Home Sale’s Impact on Economy

Home Sales Generate $52,205 Impact on Economy The National Association of Realtors (NAR) compiled data from research conducted by the Bureau of Economic Analysis & Macroeconomic Advisors on the economic impact of a home purchase. After reviewing the data, they … Continue reading

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The Cost of Renting vs Buying

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National Foreclosure Numbers

 

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Homeownership’s Impact on Net Worth

Over the last six years, homeownership has lost some of its allure as a financial investment. As homeowners suffered through the housing bust, more and more began to question whether owning a home was truly a good way to build … Continue reading

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Home Prices Since “The Peak”

Here’s an interesting illustration showing how various markets’ prices compare to the real estate “peak” that occurred several years ago.

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