Armando González Realtor

Armando González Realtor With a passion for service in the South Florida area, Armando is ready to help with your homebuying

01/31/2025

Homes are taking longer to sell largely because housing costs are so expensive and there’s a limited supply, Redfin said. It’s the slowest pace in 5 years. SEATTLE — Homes are selling at their slowest pace since the start of the pandemic as mortgage rates and home prices remain elevated, accor...

01/30/2025

The Fed will keep its federal funds rate target at 4.25% to 4.50% to promote maximum employment and maintain 2% inflation over the long term. WASHINGTON — After cutting interest rates for three straight meetings, the Federal Reserve on Wednesday announced its widely expected decision to leave inte...

01/29/2025

Brokers around the world are seeing a younger generation gravitate towards aesthetically pleasing, historic properties, often driven by pop-cultural touchstones. NEW YORK — Despite the devastation of the recent Los Angeles wildfires which destroyed some 12,000 structures, many of which were pricey...

01/28/2025

New home sales rose 3.6% in December, ending 2024 higher amid limited inventory, the NAHB said. The median price increased 2.1% overall. WASHINGTON — A limited amount of existing inventory along with solid demand helped new home sales end the year on an up note, even as buyers continue to grapple ...

01/27/2025

Mortgage rates are near 7%, not the expected sub-6%. Rates could fall if the gap between mortgage bonds and Treasury yields narrows. Fed rate cuts may boost demand. NEW YORK – The benchmark national average 30-year, fixed-rate mortgage is close to 7%, nowhere near the expected sub-6% predicted in ...

01/25/2025

Home sales in the final months of the year showed solid recovery despite elevated mortgage rates, NAR’s chief economist said. WASHINGTON – Existing-home sales climbed in December, according to the National Association of Realtors®. Sales advanced in three major U.S. regions and slipped in the M...

01/24/2025

The rate on 30-year mortgages fell to 6.96% from 7.04% last week, Freddie Mac said. Borrowing costs on 15-year mortgages dropped to 6.16% from 6.27%. NEW YORK – The average rate on a 30-year mortgage in the U.S. eased this week to just below 7%, its first decline after climbing five weeks in a row...

01/23/2025

Some ways to boost a home sale include staging key rooms, making smart renovations and enhancing curb appeal to maximize profit. NEW YORK — The process of buying and selling a home includes many movable parts. North America has experienced historic trends in the housing market in recent years. Mos...

01/22/2025

More supply is helping ease the high demand seen during the height of the pandemic years, Realtor.com said. SANTA CLARA, Calif.— For the 17th consecutive month, rents declined in December, falling by -1.1% year over year to a median of $1,695, according to the Realtor.com December Rental Report re...

01/21/2025

NAR forecasts mortgage rates to stabilize near 6% in 2025, likely establishing a new normal. Inventory will gradually grow. CHICAGO — The year ahead is poised to bring more opportunities for homebuyers as the housing market continues to stabilize. The Federal Reserve is expected to maintain a grad...

01/20/2025

Overall housing starts increased 15.8% in December to a seasonally adjusted annual rate of 1.50 million units, HUD said. WASHINGTON — Fueled by solid demand, single-family construction moved higher in December despite several headwinds facing the industry, including high mortgage rates, elevated f...

01/17/2025

The average rate on 30-year mortgages rose to 7.04% from 6.93% last week. Borrowing costs on 15-year fixed-rate mortgages increased to 6.27% from 6.14%. WASHINGTON — The average rate on a 30-year mortgage in the U.S. ticked up this week to slightly above 7%, the highest level in eight months. The ...

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