Edgewater Living

Artillery unit in Veterans Park in Edgewater FL

Indian River in Edgewater

Existing Home Sales Up in January

Existing Home Sales Inch Up In January [INFOGRAPHIC] Some Highlights: Existing Home Sales rose to an annual rate of 5.47 million, representing an 11% increase year-over-year. Inventory levels remain below the 6-month supply needed for a normal market at a 4.0-month supply. Lawrence Yun, NAR's Chief Economist, warns: "The spring buyin

How To Create Real Family Wealth [INFOGRAPHIC] Some Highlights: Buying a home is often the biggest financial decision that any family will make. The average net worth of a homeowner is 45x greater than that of a renter. Homeownership puts your housing costs to work for you. Infographic was created in cooperation with Jensen & Co.

You will need to sell your home twice

You Will Need to Sell Your Home Twice A recent post on “The Home Story”, a site published by Fannie Mae, explained the difference between the price a seller may get for their home and the value an appraiser might assign the property. The Sales Price Of course, most sellers want to maximize the value they get for the house. However

Why you should sell now...before winter hits

Why You Should Sell Now... Before Winter Hits People across the country are beginning to think about what their life will look like next year. It happens every Fall. We ponder whether we should relocate to a different part of the country to find better year-round weather or perhaps move across the state for better job opportunities. Homeowne

Where are mortgage rates headed?

Where Are Mortgage Rates Headed? This Winter? Next Year? The interest rate you pay on your home mortgage has a direct impact on your monthly payment. The higher the rate the greater the payment will be.

Family Wealth

Family Wealth Grows as Home Equity Builds With residential real estate values rising quite substantially in most parts of the country over the last few years, many homeowners are seeing a major increase in their family’s wealth as equity continues to build in their house. A recent study by the Joint Center of Housing Studies at Harva

How Will Mortgage Rate Hikes Impact Home Sales? When mortgage interest rates begin to climb, experts immediately begin to discuss home affordability indexes. They calculate how an increase in rates will slow home purchases as more and more potential buyers are priced out of the market. Today, with home prices also increasing, many believe that ho