Posted on May 27, 2015 by Rory Mark Schmer from South Florida
For all your Real Estate needs go to www.SouthFloridaHomeSale.Com

Florida home prices to rise 4-5% over next 12 months

WASHINGTON – May 27, 2015 – Realtors® remain mostly confident about the real estate market over the next six months, thanks to 30-year fixed rates that remain below 4 percent, continued job growth, and recent measures that have made credit more accessible and cheaper.

Call Rory Mark Schmer at 954.465.8147 he will guide you through the sale process.  

Across all property types (single family, townhomes, and condos), the number of Realtors indicating that their market was "strong" outnumbered those who viewed the market as "weak," according to the April 2015 Realtors Confidence Index Survey, which is based on responses from more than 1,000 Realtors about their latest transactions.

With stronger buyer demand and tight supplies, homes continue to sell relatively quickly – typically within 39 days in April – according to the survey.

Florida and seven other states ranked in the second tier for expect price growth, with Realtors predicting something in the 4 to 5 percent range. An additional 16 states expect price increases in the 3 to 4 percent range; the remaining states foresee 2 to 3 percent. There is no U.S. state in which Realtors expect a price decline or increase less than 2 percent over the next 12 months. 

Realtors surveyed said recent measures to ease credit requirements had a profound impact on the housing market, such as lower Federal Housing Administration mortgage insurance premiums and the re-introduction of Fannie Mae and Freddie Mac 3 percent downpayment loans.

Realtors are the most upbeat about the overall housing market in states like North Dakota, Texas, Oklahoma, California, Oregon, Washington, Florida, New York, and Massachusetts, according to the survey. Also, Realtors' outlook over the townhome and condo markets remained highest in Colorado.

Considering buying, selling or renting Real Estate here in Miami-Dade, Broward or the Palm Beach Counties? We have resided here in South Florida for 45 plus years. Conducting Real Estate on a very high level! Making friends and building relationships.

Please contact Rory Mark Schmer Founder of SouthFloridaHomeSale.Com

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• Loyalty
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• Disclosing all known that materially affect the value of residential real property and are not readily available.

You can reach me directly at 954.465.8147 we operate 24/7. We are email and text friendly so please feel free to contact us VIA any means available. I am always here for you!

I have surrounded myself with the best associates in the business. We have attorneys on staff and should you need mortgage assistance our lenders are incredible. 

I look forward to hearing from you. Check out our website www.southfloridahomesale.com she's loaded with information and content. I know you will appreciate her.

Have a great day,

Rory Mark Schmer PA