If you’ve been holding off on selling your house to make a move because you felt mortgage rates were too high, their recent downward trend is exciting news for you. Mortgage rates have descended since last October when they hit 7.79%. In fact, they’ve been below 7% for over a month now (see graph below): And while they’re not […]
The Dramatic Impact of Homeownership on Net Worth
If you’re trying to decide whether to rent or buy a home this year, here’s a powerful insight that could give you the clarity and confidence you need to make your decision. Every three years, the Federal Reserve releases the Survey of Consumer Finances (SCF), which compares net worth for homeowners and renters. The latest report shows the average homeowner’s net worth […]
Montierre Development Acquires Land in Ocoee
Montierre Development, based in Hobe Sound near West Palm Beach, is moving forward on plans to build the largest mixed-use sports complex in Florida, which will be located in Ocoee. The complex will include 16 baseball fields, two hotels, seven restaurants, office space, two parking garages, and more. The developer has acquired roughly 132 acres […]
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