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Broker / Owner

Mel Gilson

863-602-1320

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    Florida has many programs to help first-time homebuyers

    January 29, 2019

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    Mel Gilson, Broker

    ORLANDO, Fla. – Jan. 29, 2019 – U.S. News & World Report issued an extensive overview of programs in Florida that can help first-time homebuyers secure their first house – and in some cases, they don't even need to be first-timers. A few programs consider anyone who ha...

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    Florida Realtors Don't See Home Price Bubble

    January 28, 2019

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    Mel Gilson, Broker

    ORLANDO, Fla. – Jan. 25, 2019 – To Realtors, homeowners and others who ask, "Are we in another house price bubble?" – the answer is "No," according to Dr. Len Kiefer, Freddie Mac deputy chief economist, who spoke to a crowd of more than 400 Realtors at the 2019 Florida...

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    FHA loan limits will increase in 2019

    December 19, 2018

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    Mel Gilson, Broker Associate

    WASHINGTON – Dec. 17, 2018 – The Federal Housing Administration (FHA) announced the agency's new schedule of loan limits for 2019, with most areas in the country to experience an increase in loan limits in the coming year. These loan limits are effective for FHA case n...

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    More homes sell for less than asking price

    December 14, 2018

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    Mel Gilson, Broker Associate

    MIAMI – Dec. 13, 2018 – According to the National Knock Deals Forecast, uses data for both predictive and historical analyses from ATTOM Data Solutions, the percent of home sellers who eventually sold for less-than-asking price in 2018 was about 2 in 3 (62 percent).

    Of...

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    First time home buyers should consider a fixer-upper

    December 13, 2018

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    Mel Gilson, Broker Associate

    NEW YORK – Dec. 12, 2018 – It's the lament of first-time homebuyers in just about every housing market: There aren't enough entry-level homes available that are move-in ready.

    One solution is to broaden the search to fixer-uppers. With a renovation mortgage, you can get...

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    Most people think there's a housing affordability crisis

    December 6, 2018

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    Mel Gilson, Broker Associate

    WASHINGTON – Dec. 5, 2018 – Nearly three out of four American households believe that the nation is suffering a housing affordability crisis, and a majority of respondents say it's a problem at their local and state level as well, according to a new survey conducted on...

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    FHA increases max loan rates for 2019

    December 2, 2018

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    Mel Gilson, Broker Associate

    WASHINGTON – Nov. 28, 2018 – In response to rising home prices, the Federal Housing Finance Agency (FHFA) will raise the national conforming loan limit for 2019 by 6.9 percent – from $453,100 this year to $484,350 next year.

    In addition, the high-cost limit – an amount...

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    Fed may not push interest rates much higher. Learn Why.

    November 30, 2018

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    Mel Gilson, Broker Associate

    WASHINGTON – Nov. 29, 2018 – Federal Reserve Chairman Jerome Powell ignited a market rally yesterday by saying interest rates are "just below" broad estimates of a level considered neutral – a setting designed to neither speed nor slow economic growth.

    Investors welcome...

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    Florida’s housing market is up in October

    November 26, 2018

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    Mel Gilson, Broker Associate

    ORLANDO, Fla. – Nov. 21, 2018 – Florida's housing market reported more closed sales, rising median prices and more new listings in October compared to a year ago, according to the latest housing data released by Florida Realtors®. Sales of single-family homes statewide...

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    Recent study shows higher interest rates don’t stop millennial buyers

    November 19, 2018

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    Mel Gilson, Broker Associate

    PLEASANTON, Calif. – Nov. 16, 2018 – Millennial homebuyers continued to close purchase loans in September 2018, despite interest rates rising to the highest point in the year, according to the latest Ellie Mae Millennial Tracker.

    Interest rates on all loans rose to 4.87...

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    Home Buyer's Guides

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    Best Reasons To Live In Central Florida
    How To Analyze Your Personal Financials

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    Home Buyer's Checklist
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