Entries by Amy Snook

Fed Slashes Interest Rates Near Zero, Eases Lending Rules- Florida Realtors

“In addition to a full-percent interest rate cut, the Fed will take other stimulus steps, saying COVID-19 “weighs on economic activity and poses (economic) risks.” The move should benefit adjustable rate mortgages, credit cards and other short-term loans.” “The Federal Reserve took emergency action Sunday and slashed its benchmark interest rate by a full percentage […]

January 2020 Market Report

      As I write this market report, I realize there are two very important aspects of how we are all evaluating the real estate market today.  Certainly the numbers from the most recent market report of January 2020 tell a story but also the recent stock market tumble in light of the corona […]

Legislature Considers Amendment to Extend ‘Save Our Homes’- FloridaRealtors

This is amazing news for Homeowners. So often residents sell their primary residence and have not yet identified their next home. Under the current statute, to qualify for portability, you must establish a new residence by January 1st of the second year after leaving or selling your prior residence.  The amendment that is being considered […]