Fannie Mae survey confirms: It’s a seller’s market
First-time homebuyers face particular obstacles

After two consecutive months of advances, Fannie Mae’s Home Purchase Sentiment Index, a composite index designed to track consumers’ housing-related attitudes, intentions and perceptions, fell 2.3 points in July to 74.2. Year over year, the HPSI is down 19.5 points but still sits above April’s near-record low.
New fee on mortgage refinances could cost homeowners $1,400

Fannie Mae and Freddie Mac cite higher risk amid economic uncertainty

Refinance mortgage loans sold to Fannie Mae and Freddie Mac after Sept. 1 will include a new adverse-market refinance fee of 0.5%, the two government sponsored enterprises announced Wednesday night. This fee will be assessed for both cash-out and no-cash-out refinances.
6 Home Trends Buyers Love

Learn some of the key areas of design to highlight when marketing your listings.

Open floor plans, smart homes, and outdoor areas are among the features in top demand for home shoppers this year. Home improvement website Fixr’s recent study, Single-Family Home Construction and Remodeling Trends 2020, highlights the renovation and construction choices of buyers and homeowners in 2020.
Zillow Partners with D.R. Horton

Zillow has become an exclusive partner with D.R. Horton, the nation’s largest homebuilder by volume.
The partnership enables D.R. Horton homebuyers to sell their existing homes through Zillow Offers. D.R. Horton customers selling through Zillow Offers receive an extended closing timeline of up to eight months, and the flexibility to modify the closing date to better align both transactions.

Save the date, Tuesday 9/1, at 10am for a live interview with Michelle Garcia Gilbert and Working Women Of Tampa Bay on Facebook Live.
The Hillsborough Education Foundation
We partnered with the Hillsborough Education Foundation and hosted a supply drive as well as making a monetary donation to help those students in need and at risk for starting the new school year without critical supplies for their academic success.