Category: Mortgage / Finance

Down Payment Assistance for Tampa Bay First Time Homebuyers

You could be eligible for this Down Payment Assistance! The $15,000 Florida Hardest Hit Fund Down Payment Assistance (HHF-DPA) is now offered to all first time homebuyers in the three Tampa Bay counties: Hillsborough, Pasco and Pinellas counties. This is administered by the Florida Housing Finance Corp. Previously, this program was offered only to homebuyers in Hillsborough. Now, buyers in…

Read More »

HUD-Approved HomeBuyer Counseling Agencies in Tampa Bay

If you want to avail of Florida Housing Finance Corp.’s mortgage loan and down payment assistance programs, you need to attend home buyer education classes and get a certificate of completion that you will submit to your lender. Here listed below are homebuyer counseling agencies approved by the U.S. Department of Housing and Urban Development (HUD) to provide pre-purchase counseling and…

Read More »

List of Lenders for Florida Mortgage and Down Payment Assistance Programs

Are you a first time homebuyer looking for down payment and closing cost assistance? Or if not a first time buyer, are you a veteran? Or are  you open to buying a home in a federally designated targeted area (FDTA)? Here’s a helpful list of Tampa Bay lenders for you. These lenders are participants in the Florida Housing Finance Corp.’s…

Read More »

Tampa Bay Metro Area Is 103rd Most Affordable Housing Market Nationwide

Among the 225 metro areas in the U.S. tracked and ranked every quarter by the National Association of Home Builders/Wells Fargo Housing Opportunity Index (NAHB/Wells Fargo HOI), the Tampa Bay metro area, named as Tampa-St. Petersburg-Clearwater metro area, is the 103rd most affordable housing market in the first quarter of 2015. The area improved from Its previous quarter’s ranking of 107th…

Read More »

Quicken Loans No. 1 on J.D. Power’s List of Top Mortgage Lenders in 2012

Retail home lender Quicken Loans again topped J.D. Power & Associates’ List of the Top Primary Mortgage Lenders in the U.S. based on Customer Satisfaction for the year 2012.  It now has topped this list for three consecutive years. Quicken Loans says on its website that it’s the No. 1 online lender and the 5th biggest retail residential lender in…

Read More »

April’s Tampa Home Sales Showed Encouraging Numbers

Tampa home sales in April affirmed continued improvements in the Tampa real estate market. Here are several of the numbers that show positive developments in Tampa’s residential market: 1.    Average home sales price increased in April year-over-year and month-over-month.  April’s average sales price of $165,354 was an increase of 8.05 percent from the previous month’s average sale price of…

Read More »

Florida Homes Continue to Be Affordable

Florida homes became more affordable in 2011, based on the housing affordability index report by the National Association of Realtors (NAR). All of the Florida metro housing markets monitored by the NAR posted increases in affordability compared to 2010, except one, which was the Cape Coral-Fort Myers market. The most affordable market in Florida was Ocala and the market with…

Read More »

Sales of Tampa Condos Helped Push Florida Condo Market

The surge in sales of Tampa condos in August contributed to the increase in sales of Florida condos during the same month. According to the Florida Realtors and the University of Florida Bergstrom Center for Real Estate Studies, sales of existing condos in Tampa increased over the year by 14 percent in August, helping post a 17-percent increase in sales…

Read More »

Gains by Title Insurance Companies Show Vibrancy of Florida Real Estate Market

The substantial gains in premiums by title insurance companies in Florida in the second quarter this year is one indication that the Florida real estate market is not only surviving but slowly getting back to its previously vibrant status. Based on data compiled by the American Land Title Association (ALTA), the total premium collections by title insurance companies in Florida…

Read More »

New FHA Loan Limits for 669 Areas in Florida and Other U.S. States

Of the 3,234 areas in the U.S. where homes for sale can be purchased with FHA loans, 669 areas have been identified by the FHA for reduction of FHA loan limits starting October 1, 2011. This loan limit reduction was supposed to be implemented in January 2009, but it was delayed by Congress to enable home buyers to take advantage…

Read More »

Prices of Existing Homes for Sale in Florida Cities in 2Q

A number of Florida cities bucked the national trend of declining home prices and showed increases in the prices of existing homes for sale in Florida the second quarter, based on reports from the National Association of Realtors and from Fiserv. Of the 151 metro residential real estate markets monitored by NAR, only 41 areas posted increases in existing home…

Read More »

Tampa Homes — Home Loan Programs for First Time Home Buyers

Are there other home ownership assistance programs for first time home buyers in Tampa aside from the US government’s first time homebuyer tax credit program which has long expired? Yes, there are other programs, although they’re not as clear-cut or as readily available as the expired tax credit program. But if you’re resourceful and your income is at a level…

Read More »