Monthly Archive: August 2016

Aug 31 2016

With millions of dollars of development in the works, Rocky Point is growing up

Rocky Point is a puzzling piece of real estate. The island is home to thousands of residents and office workers, hundreds of hotel rooms and a handful of restaurants, but it lacks the cachet expected for mixed-use, waterfront property. Until now. Several new developments and major renovations are in the works that will inject millions …

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Aug 27 2016

Which Durable Countertop is Best for Your Kitchen?

Here are 6 of the handsomest, toughest countertops on the market today. Want a hardworking countertop that fits your budget? We took a look at six of the most-durable countertops based on a recent “Consumer Reports” test. After a thorough exam, we’re ready to let you in on why you should — or shouldn’t — …

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Permanent link to this article: http://www.invest-realestate-florida.com/news-blog-post/durable-countertop-best-kitchen/

Aug 24 2016

Still a big foreign appetite for U.S. real estate

Foreigners are still craving U.S. real estate, led by an insatiable appetite of Chinese buyers. The Chinese have outpaced all others in total purchases of U.S. residential properties over the past year and exceeded the buyers from the next four countries combined. According to a National Association of Realtors survey, the Chinese purchased three times …

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Permanent link to this article: http://www.invest-realestate-florida.com/news-blog-post/still-big-foreign-appetite-u-s-real-estate/

Aug 20 2016

Average 30-year mortgage rate declines to 3.43%

Long-term U.S. mortgage rates declined this week after rising for three straight weeks, continuing to lure prospective homebuyers. Mortgage giant Freddie Mac said Thursday the average for the benchmark 30-year fixed-rate mortgage fell to 3.43 percent from 3.48 percent last week. The average rate is down sharply from 3.91 percent a year ago. The 15-year …

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Permanent link to this article: http://www.invest-realestate-florida.com/news-blog-post/average-30-year-mortgage-rate-declines-3-43/

Aug 10 2016

Why some Tampa Bay property insurers are offering flood coverage and others are not

Rising premiums and advances in technology and analytics are reshaping the market for flood insurance. Florida by the numbers 1,791,937 Policies in-force in the state of Florida $431,221,060,200 Insurance in-force whole $ (Coverage amount for policies in force) in the state of Florida $953,335,863 Written premium in-force (Premium paid for policies in force) in the …

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Permanent link to this article: http://www.invest-realestate-florida.com/news-blog-post/tampa-bay-property-insurers-offering-flood-coverage-others-not/

Aug 03 2016

5 Newbie Mortgage Mistakes (and How Much Each Could Cost You)

Plus 5 ways to save yourself thousands. 1. Finding Your Home Before You Find Your Mortgage How Much It Could Cost You: Enough to send your future kid to college. Seriously, over the life of the loan, you could end up paying tens of thousands of dollars more in interest and fees than you need to. Why People …

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Permanent link to this article: http://www.invest-realestate-florida.com/news-blog-post/5-newbie-mortgage-mistakes-much-cost/

Aug 03 2016

Buying a Fixer-Upper: Is It Worth It? How to Tell

Here’s how that sad-looking house can be a wealth-builder. In 2012, Alessandra Pollina and her husband, Ondre, were looking for a property that would need no more than some cosmetic changes and upgrades. But because the price was right, they ended up with the ultimate fixer-upper: a two unit, single-family-style home that was already gutted …

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Permanent link to this article: http://www.invest-realestate-florida.com/news-blog-post/buying-fixer-upper-worth-tell/