Florida Home Loans
Florida Home Loans existing-home sales jumped 13% last year and topped 200,000 for the first time ever.
Florida home loans had a 6.8 percent annualized increase, just a hair ahead of the nationwide average of 6.7 percent.
In the Orlando area price appreciation has been even stronger, with the median price of homes sold through the Orlando Regional Realtor Association up 11 percent from last year.
The National Association of Realtors is projecting strong housing activity next year, expecting a record 6.7 million existing-home sales this year, up 9.1 percent from last year's record. New-home sales this year are expected to rise 9.7 percent to a record 1.07 million.
The association projects 5.81 million existing-home sales and 1.02 million new-home sales next year -- second only to this year's expected records.
Miami-Dade's Office of Community Economic Development administers the Matched Savings Fund which grants $2 for every $1 that a low-income person saves monthly toward owning a home or business. The city of Miami has also began adding matching funds.
Families save up to $6,000 over two years, enough to qualify for home ownership under existing first-time, home-buyer programs, which require up to a 5 percent down payment.
Financial contracts are very confusing. Before signing yourself to a major long term commitment, have an attorney familiar with financing and taxes examine the documents and explain the details.
A good tax finance attorney can save you many times his fee over the years, not to mention possible legal problems.
Whether buying a new car, or a used car, or selling a vehicle; first check KBB (Kelley Blue Book), Black Book, Red Book, or the NADA Used Vehicle Guide.
For complete information on all your financial needs, turn from Florida home loans to the Loan homepage.
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