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Aug. housing construction up 9.2% – but permits slide

WASHINGTON (AP) – Sept. 19, 2018 – U.S. home construction rebounded in August at the fastest pace in seven months but applications for new building permits plunged, sending mixed signals for an industry that has been struggling with rising lum... Read more

The recession 10 years later: Big changes in RE market

WASHINGTON – Sept. 18, 2019 – At midnight on Monday, Sept. 15, 2008, Lehman Brothers filed what would become – and remain – the largest bankruptcy proceedings in U.S. history. It was a high-watermark of the Great Recession. Today,... Read more

Mortgages are safer but tougher to come by

TAMPA, Fla. – Sept. 17, 2018 – Keri Weishaar lives in a spacious, four-bedroom house near Tampa, Fla., thanks to the easy financing that prevailed during last decade's housing boom. "It was basically nothing to get into this house,&q... Read more

Survey: Most buyers now seek financing first

NEW YORK – Sept. 14, 2018 – The first step buyers most often take in their home shopping pursuit is to check on financing and make sure they can even afford a home, according to a new survey of 1,000 recent buyers. The survey was commissioned... Read more

Mortgage rates rise for third straight week

WASHINGTON – Sept 13, 2018 – The one-two punch of strong job and consumer credit growth drove mortgage rates up to their highest mark since Aug. 2. The average 30-year fixed-rate mortgage was at 4.6 percent this week, while the 15-year hit 4.... Read more

Poll: Floridians lack awareness of hurricane risks

MIAMI – Sept. 12, 2018 – As three hurricanes plow across the Atlantic, a poll released Monday found significant gaps in Floridians' knowledge about how to get safely through hurricane season. Few knew that a poorly secured garage door cou... Read more

Consumer borrowing up strong $16.6 billion in July

WASHINGTON (AP) – Sept. 11, 2018 – Americans increased their borrowing in July at nearly double the pace of the previous month, evidence that confident consumers are willing to take on more debt to support their spending. The Federal Reserve ... Read more

2 out of 3 economists expect a buyer’s market by 2020

NEW YORK – Sept. 7, 2018 – Home sellers will continue to hold more negotiating power than buyers for the next year and a half, according to the 2018 Q3 Zillow Home Price Expectations Survey. The quarterly survey, sponsored by Zillow and condu... Read more

Average mortgage rates tick up – 30-year at 4.54%

WASHINGTON (AP) – Sept. 6, 2018 – Long-term U.S. mortgage rates ticked up this week for the second straight week, remaining substantially higher than a year ago amid strength in the economy. Mortgage buyer Freddie Mac said Thursday the averag... Read more
Naylor Realty & Associates 
The Proven Professionals
776 Baldwin Ave. Suite B
Defuniak Springs, FL 32435
850-951-2488 Office
850-951-2188 Fax
www.NaylorRealtyUSA.com

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