New Construction Sees a 3.2% Increase in November

New home construction is continuing to increase and applications for building permits has risen to a 12-year high nationally. The Commerce Department reported a 3.2% increase in new construction for the month of November over October, and things are continuing to look good for the housing market rebound we are currently in. With interest rates nearly a full point below where they were this time last year, buyers are getting more house for their money. If you’re in the market to buy or sell a home, give us a call and we’ll do the homework for you! 
http://www.floridarealtors.org/news-media/news-articles/2019/12/new-home-starts-rise-32-november

FHA Increases Loan Limits For 2020

Good news for buyers planning to use an FHA Loan in 2020. The Department of Housing and Urban Development announced that FHA loan limits will increase by approximately $17,000 nationally effective January 1, 2020. So what are you waiting for? Now is a great time to buy, and we’d love to help you find your dream home! Give us a call and we’ll do the homework for you!

http://www2.floridarealtors.org/news-media/news-articles/2019/12/fha-loan-limits-going-about-17k-2020

VA Eliminates Loan-Cap Limits For 2020

If you qualify to use VA funding when you purchase a home, your buying power could be increased beginning in 2020 with the elimination of VA loan-limit caps. If you are in the market to buy or sell a home, give us a call, we’d love the opportunity to work with you!

http://www2.floridarealtors.org/news-media/news-articles/2019/12/starting-2020-no-more-va-loan-limit-caps?fbclid=IwAR0G8C-Ob0Z2Nn3CkSyjjAC1xwDqpu_syDjG8Ph9r_xZdPQTZRn2prEfjlI