More Good News For New Homebuyers

“The Department of Housing and Urban Development announced Monday that the Federal Housing Administration will reduce the annual mortgage insurance premiums borrowers pay when taking out a home loan that’s insured by the government.”The FHA estimates that the reduction — of a quarter of a percentage point — will save homeowners an average of $500 this year. Homeowners taking out larger loans will see an even bigger drop in their rate.

Read the full CNN article by clicking here.

In addition, here is a useful infographic from the Home Buying Institute about FHA loans.

Gorgeous Updated Condo Near UF, Shands, & Shopping Centers

$134,900. Come see this gorgeously updated condo at the Gables! This floor plan features a vaulted ceiling, two large master suites with walk-in closets, and a 1-car garage (very rare). Upgrades include fresh paint, new plush carpeting, and granite countertops throughout. Located right next door to Butler Plaza, I-75, and the brand new Celebration Pointe, it’s just a 10-15-minute drive to the University of Florida & Shands Hospital. This will not last long.

Click the “Contact Us” tab on the top right-hand corner of the screen for more information or to schedule a showing.


Elegant 3BR Condo for Sale Near UF & Shands!

FOR SALE: $149,900. Check out this 2-story condo a short 5-10 minute drive to University of Florida classes and Shands Hospital! It has an upgraded kitchen with granite countertops, wood cabinets, and nice appliances. Each bedroom has its own bathroom. There is also an additional room downstairs with a FULL 3rd bathroom & closet that can be used as a study or 3rd bedroom. Each condo was made with concrete block for sturdier construction and a quieter sound barrier. Other nice features include high ceilings and a large kitchen with a sit-in bar. The community has a pool and 2 direct bus stops to UF or Shands.

Learn more about Chase Hollow by clicking here or to learn about other condos for sale in Gainesville visit www.CondosInGainesville.com.


Oxford Terrace: 4BR/4BA Condo For Sale-Walk to UF!

JUST LISTED: $239,000. Be the first to see this well maintained 4 bedroom/4 bathroom condo in Oxford Terrace! Condos are big (over 1400 square feet) and each bedroom has its own private, attached bathroom. Located just 2 blocks from Sorority Row, residents can easily walk to chapter meetings, UF classes, or even Shands. This Oxford Terrace I & II are the only two communities with newer construction 4BR condos walking distance to UF classes & Shands. Therefore, condos like these are prime real estate for long-term investors and UF parents. Click the contact us button at the top of the page for more information or to get a sneak peak!

CNN Money: Dont Panic, Interest Rates Still at Historic Lows

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“At the current interest rates, buyers will pay $21 more per month compared to a year ago, assuming a $241,000 price tag and 20% down payment.
 
The average rate for a 30-year fixed rate mortgage rose to 4.16%, up from 4.13% last week, according to Freddie Mac. A year ago, rates were sitting around 3.97%.”
 
Read more about the interest rate hikes in this article by CNN Money. 

Another Sale in Lofts Oasis!

We just wrapped up another sale in Lofts Oasis! Congratulations to Steve, the buyer we assisted. Also, we would like to offer our sincerest thanks to the seller, Jennifer. Thank you for trusting us with your listing!

For more information about our buying/selling services, Lofts Oasis, or any other condo community in Gainesville, visit our website by clicking the “For Sale” or “Contact Us” menu option at the top right-hand corner of your screen.

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Gorgeous 3BR Unit in Campus View Has Sold

We just finished assisting in the sale of a condo in Campus View! Thank you to the buyers, Jeff and Meg, for allowing us to assist you with this big decision. Your daughter and her roommates are going to love their new home!

 

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For more info on condos for sale in Campus View or any other condo community in Gainesville, please click the contact us button at the top right-hand corner of the screen or visit www.CondosInGainesville.com.