Witt Home Realty

Congratulations... to my not so little one anymore. Your dedication and hardwork is something I as your Dad admire and Im so very proud of. The next chapter starts and I will be by your side every step of the way❤️

Even in a soft market, Palmetto Bay (FL), produces another 4% YOY return. 😉💰

The average for a 30-year, fixed-rate home mortgage reached its lowest point of the year on the very last day of the year. The rate fell to 6.15%, hitting its lowest point since October 2024.

New foreclosures jump 20% in October, a sign of more distress in the housing market

Foreclosure starts, which are the initial phase of the process, rose 6% for the month and were 20% higher than the year before.

Completed foreclosures, the final phase, were up 32% year over year.

Florida, South Carolina and Illinois led the nation in state foreclosure filings.

Use the ‘80-10-10’ rule to know if you’ve found the right house

80% of what you love: This is the foundation of your dream home — the elements you can’t live without. Think location, lot size, or architectural style. These are the features you’ll be hard-pressed to change.

10% of what you can improve: These are things you can upgrade over time to bring the home closer to your vision, such as paint color, countertops, flooring, or cosmetic fixtures. Improvements can be done as you settle in.

10% of what you can live with: There might be a neighbor’s fence you’re not keen on, a water tower in the distance — and although these aren’t ideal, they may not be deal-breakers. If it’s minor and livable, don’t let it overshadow the 90% that works.

🏡Homebuying Questions🤔
How Long Does Laminate & Vinly Floors Really Last?

Answer:
“If properly installed and maintained, vinyl and laminate floors should last between 10 and 20 years, even in high-humidity areas,”

The top markets with the largest growth in inventory in August included:

1. Raleigh, North Carolina

2. Miami 😲

3. Las Vegas

4. Atlanta

5. San Diego

6. Los Angeles

"IT'S A BUYERS MARKET, SELLERS BE AGGRESSIVE,"🏠

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Florida firefighters: The Hometown Heroes Housing Program is back with $50 million in funding for first-time homebuyers.

Eligible essential workers can access zero-interest loans to help cover down payments and closing costs, making it easier to own a home in the communities you serve.

🔗 Learn more about the program today: https://floridapolitics.cmail20.com/t/i-l-fuiddjt-iyfykhrti-yk/