Real Estate News

Highest Rates in Months Despite Weak Jobs Report

Posted: October 12th, 2021

For a quick reminder as to why mortgage rates care about the bond market, here's a chart of relative movement in the average 30yr fixed mortgage rate and 10yr Treasury Yields (the quintessential bond market benchmark).You may notice that rates have been moving higher recently, and that's where our journey intersects with Friday's jobs report. In short, the government's official job tally of 194k (new jobs created...

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Is It Harder or Easier To Get A Home Loan During The Pandemic?

Posted: July 20th, 2021

How have you been surviving since the COVID-19 pandemic hit last year? Are you recovering swiftly with this season’s economic incline? Or are you still struggling to get back on your feet after being furloughed or laid off? No matter where you stand today, one thing is certain: the real estate market has changed substantially since the onset of COVID-19 in 2020. Even a year after the first lockdowns were put...

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Renting vs Owning During the Pandemic

Posted: July 12th, 2021

The COVID-19 pandemic put a halt to our global economy in 2020. Unemployment rates skyrocketed, industries were completely torn down, and most of us -- if not all of us -- were living in fear one way or another. Fear of losing our jobs, our loved ones, and our way of life to the unknown. As America recovers in 2021, there is one thing that is certain -- that fear of the unknown isn’t going away any time...

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The Top Five Most Dangerous Cities In The U.S. as of 2021

Posted: July 7th, 2021

When looking to invest in real estate, one of the factors many potential homeowners should strongly consider is crime rates. Even if you’ve found a beautiful home in a perfect neighborhood, you won’t be happy with your choice if your city is plagued with increasing crime rates and lowering property values over time. That is why we at Tradar Real Estate Solutions urge clients to consider many different...

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How Does The I-4 Corridor Expansion Project Affect You?

Posted: December 17th, 2019

I-4 Corridor Expansion Project Affects Orlando Real Estate in a Positive Way When looking for a property, one of the factors that people consider is the economy. Is it vibrant? Are there chances that it will continue being vibrant? Why are these questions important? We have seen some cities blossom but once some dynamics change, they start shrinking. It would be unfortunate to invest in such a place with a bright...

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Have you ever thought about using a Lease Option to buy or sell a property?

Posted: October 22nd, 2019

  The benefits of buying or selling property using a lease option Sometimes buying and selling a property can be a challenge. You may need a quick solution due a personal problem such as bankruptcy, divorce, losing your job, moving out, or bad credit. A lease option can save you a great deal in many of these situations. Here we explore the benefits of buying or selling property using this option.   First...

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Foreclosures in Central Florida

Posted: July 30th, 2019

Foreclosures are houses that are on the market and can be purchased at a great price. The foreclosure usually occurs either as a result of the owner being unable to sell the property or because he or she failed to pay the mortgage, which resulted in the lending company assuming it and listing it for sale in an effort to recover expenses. Foreclosure affects thousands of Americans each year, with an average of 1 out of every 200 homes in the U.S. being foreclosed upon.   What Causes Foreclosure? It’s not something any homeowner ever plans on encountering, but it happens quite...

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Why Is The Younger U.S. Population Renting As Opposed to Buying Homes?

Posted: May 6th, 2019

Over the decades, there has been a certain order to things. In the 50s and 60s, individuals would get married, buy a home and have kids. Over the years, the process of living life has changed. Today’s younger population in the US are no longer worried about getting married, buying a home and having children, or at least not in that order. Millennials are moving away from buying homes and are renting instead. But why? In most instances, it is much cheaper to buy a home than rent. Rising Home Prices The younger generation has several reasons as to why they choose to rent instead of...

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How a Good Credit Score Relates to Lower Interest Rates When Mortgage Shopping

Posted: May 6th, 2019

When it comes to owning a new home in central Florida, a good credit score is essential. When you have a good credit score, you are able to earn a lower interest rate, which impacts the overall amount you can borrow as well as what your monthly mortgage payment will be. The interest rate also affects the time frame in which you can pay off your mortgage. Having a good credit score ensures success when it comes to a new mortgage. Your credit score is a primary factor a lender will look at when determining the interest rate, you qualify for based on your credit history. A bad credit score...

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Central Florida Interest Rates - Previously Increased Rates Are Now Lowered

Posted: May 6th, 2019

During the presidential election time frame, the interest rates for a home mortgage started to rise. As the state of the nation was unclear, depending on who would become the president. Rates started really increasing once the presidential election was completed and about year later the rates peaked. The rates have been decreasing though and are almost back to where they were before the election began. If you were considering a home purchase at that time, it might not have been a reality based on the interest rates. Now, interest rates are much lower, making it a great time to buy in...

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