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What’s Up In Housing

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Home Buying & Selling TipsThinking of buying or selling a home?
Follow these 10 tips for the best results.
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Florida Association of RealtorsConforming mortgage limits to go up in 2017.
For the first time since 2006, the federal government has increased the maximum amount of a conforming loan by $7,100, boosting it to $424,100 in most regions.
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Consumer Confidence is UpU.S. consumer confidence surges in November.
Americans’ outlook is “once again at pre-recession levels,” according to the Conference Board’s latest survey. The index climbed 6.3 points to 107.1.

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2017 New Home SalesForecast: 2017 New-Home Sales Up 10%
Starts seen growing 3% as housing market overall gains 1.9% to 5.46 million homes sold.

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FHA Condo ReformsThe Risks and Advantages of the FHA’s Condo Reforms.
HR 3700 mandates an easier buying and selling process for FHA condominiums – but the reforms suffer from a lack of insight into potential risks.

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Author: KatherineMatson

Senior Closer at Title Security in St. Petersburg, FL.

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