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Florida Population Growth Estimates

Bureau of Economics and Business Research, Florida Population Studies Florida could see a population growth of nearly 1.3 million citizens as Baby Boomers look for more enticing environments to move to for their retirement years. Volusia County is estimated to see as much as a 5.4% population growth between 2018-2020. This influx of new dwellers […]

Floridians’ consumer confidence hits 17-year high

GAINESVILLE, Fla. – April 30, 2019 – Consumer sentiment in Florida reached its highest level in 17 years, increasing 1.4 points in April to 102 from a revised figure of 100.6 in March. These levels of confidence have not been observed since March 2002 when consumer sentiment reached 102 points. Among the five components that […]

More Buyers May Qualify For Zero-Down Rural Loans

WASHINGTON – Feb. 14, 2019 – Prisons and military bases are commonly located outside small, rural towns and often they’re the biggest employers and economic drivers around. But that’s been a double-edged sword – until now. A town with a population greater than 35,000 isn’t considered rural under federal Rural Housing Service (RHS) guidelines, even […]

Rent vs. Buy? FAU Sees it Still Moving Closer to ‘Rent’

BOCA RATON, Fla. – Dec. 5, 2018 – U.S. metropolitan residential real estate markets are peaking and some cities are in another pricing bubble, according to the latest national index produced by Florida Atlantic University (FAU) and Florida International University (FIU) faculty. The Beracha, Hardin & Johnson Buy vs. Rent (BH&J) Index estimates wealth creation […]

Study: Housing Market Underperforming by 6.5%

SANTA ANA, Calif. – Nov 19, 2018 – The First American Potential Home Sales Model for the month of October 2018 finds that the housing market is underperforming by 6.5 percent due largely to the lack of inventory. “The primary culprit for the housing market’s performance gap remains severe supply shortages – homebuyers can’t buy […]

Study Shows That Higher Interest Rates Aren’t Stopping Millennials

Study: Higher interest rates don’t stop millennial buyers PLEASANTON, Calif. – Nov. 16, 2018 – Millennial homebuyers continued to close purchase loans in September 2018, despite interest rates rising to the highest point in the year, according to the latest Ellie Mae Millennial Tracker. Interest rates on all loans rose to 4.87 percent in September, […]