Florida FHA Loan News

Home price gains bring sellers off the sidelines

The region’s median home sale price hit $406,500 in May, up 21.3 percent from a year earlier amid brisk sales, according to DataQuick. Housing inventories remain unusually low. There was a 5.2-month supply of existing, single-family homes for sale in May, compared to 6.4 months a year earlier, according to the National Association of Realtors.

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Not Everyone Benefits from home price gains. beginning in 2018, taxpayers may only deduct interest on $750,000 of qualified home loans, or $375,000 for a married taxpayer filing a separate return. These are down from the prior limits of $1 million, or $500,000 for a married taxpayer filing a separate return.

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Toronto home prices inch higher, owners stay on sidelines amid worst sales slump in almost 10 years. Average home prices in the city fell 6.6 per cent over that period to $805,320. In Vancouver, sales are down 35 per cent from May 2017 while prices are moving in the opposite direction. Benchmark home prices jumped 12 per cent to $1,094,000, led by gains across all housing segments, the Real Estate Board of Greater Vancouver said Monday.

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Aeterna Zentaris has had a rough go over since April which forced me to jump ship and sell. on the sidelines. aezs turned out to be a marvelous trade that was supposed to turn into a long-term hold.

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Buyers Stay on the Sidelines as Housing Affordability Rises. "Suddenly, mortgage banking looks very attractive to them. You get the gains from selling the loan, and holding a loan with a 4.5 percent rate on your books-even if it’s just for a few weeks-looks pretty good compared to Fed.

The recent earthquakes in California could make it harder to sell certain homes. started to show signs of weakness as years of home-price appreciation have pushed so many would-be buyers to the.

"With low mortgage interest rates luring more homebuyers off the sidelines as supply. that go beyond just top price. Sellers can be sticky and emotional. Most want to be able to picture their.

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