Agnes Topp, Luxury Property Specialist

08/07/2023

Real Estate Market Key Insights 2023-2030

Agnes Topp is a real estate agent with Compass. Check out Agnes Topp's listings or office listings.

08/06/2023

Florida's rental market challenges persist amid national decline in rent growth
Contact me to discuss the latest scoop in real estate!

Despite a broader national trend of declining rent growth and a shift in favor of tenants, Florida’s rental market is facing challenges in cooling off. Approximately 825,990 low-income households in the state are burdened with paying more than 40 percent of their income towards rent, while the sta...

07/29/2023

Fla. in Top 5 for Homebuyers with PMI
Contact me to discuss the latest scoop in real estate!

In 2022, the top 5 states for private mortgage insurance were Texas, Florida, California, Illinois and Ohio. In Florida, 57% of homebuyers relied on PMI to purchase their home, with the average loan amount being $341,716. The report also found that the average Floridian using PMI had a median househ...

07/20/2023

Most Expensive US Markets for Short-Term Rentals

07/04/2023

Mortgage applications surge with decrease in rates
Contact me to discuss the latest scoop in real estate!

The Mortgage Bankers' Association's economist, Joel Kan, reported that the MBA Mortgage Applications Composite Index increased by 7.2% compared to a 1.4% decrease a week ago. The Purchase Index increased by 7.6% compared to a 1.7% decrease in the previous week, while the Refinance Index increased by...

07/02/2023

Fla. Oks $117.3M for Affordable Housing Development
Contact me to discuss the latest scoop in real estate!

The Florida Housing Finance Corporation Board of Directors approved $117.3 million in loan funding to address the cost increases of 30 affordable housing developments across the state. The majority of the funding comes from the Live Local Act, a law signed by Gov. Ron DeSantis in March, which alloca...

06/21/2023

House Down Payments are Cheaper Than Ever, But You Pay the ...
Contact me to discuss the latest scoop in real estate!

For decades, the recommended down payment on a house has been 20%, however due to rising home prices, the average down payment in 2022 was just 6%. Recently, two major lenders have started offering some customers mortgages with only 1% down payments, to help those struggling to buy a home. However,....

06/17/2023

Florida's property insurance of last resort, Citizens, seeks rate hike
Contact me to discuss the latest scoop in real estate!

The Florida Office of Insurance Regulation will be holding a hearing on June 8th regarding a proposal by the state-backed Citizens Property Insurance Corp. that would lead to double-digit rate increases for homeowners. The average rate increase being proposed is 14.2%, with primary-residence multi-p...

06/11/2023

This Florida City Makes List Of Cheapest Places In the U.S. To Buy A Beach House
Contact me to discuss the latest scoop in real estate!

Navarre, Florida, located in the Panhandle, is the cheapest place to buy a beach house in the US, according to Realtor.com. The list also includes other affordable beach house locations in the US, such as Atlantic City, NJ, Galveston, TX, and Virginia Beach, VA. These locations offer waterfront livi...

05/29/2023

States With the Lowest Tax Burdens in America

Agnes Topp is a real estate agent with Compass. Check out Agnes Topp's listings or office listings.

05/28/2023

Tiny Homes Market Research | 2023-2030
Contact me to discuss the latest scoop in real estate!

The Global Tiny Homes market is expected to grow significantly between 2022 and 2030 due to the rising adoption of strategies by key players. Tiny homes are full-fledged dwellings on a small scale that have a smaller eco-footprint than conventional homes. In 2021, the market is projected to be worth...

05/20/2023

How interest-only mortgages can be risky for borrowers and lenders
Contact me to discuss the latest scoop in real estate!

Interest-only mortgages are a type of loan where the borrower pays only the interest for a set period of time before having to pay off the principal. These loans were a major part of the economic climate leading to the 2008 financial crisis and are now only available to those with high incomes, larg...

05/11/2023

Florida Townhouses and Condos Activity in Late Winter 2023

Agnes Topp is a real estate agent with Compass. Check out Agnes Topp's listings or office listings.

05/02/2023

Luxury Home Appraisal Market Analysis and Demand With Forecast Overview to 2030: Gardiner Ray
Contact me to discuss the latest scoop in real estate!

This report provides an in-depth analysis of the Luxury Home Appraisal Market, including product type, end-users/application, geographical scope, market segmentation, cost structure and price. It also offers insights into the strategies adopted by leading industry players and their competitive posit...

04/24/2023

Top Vacation Home Hotspots for the Ultra-Wealthy

Agnes Topp is a real estate agent with Compass. Check out Agnes Topp's listings or office listings.

04/23/2023

NAREB to mortgage lenders: Use SPCPs to boost Black homeownership
Contact me to discuss the latest scoop in real estate!

Lydia Pope, President of the National Association of Real Estate Brokers (NAREB), is urging mortgage lenders to use special purpose credit programs (SPCPs) to boost Black homeownership rates and close the wealth gap between Black and White Americans. SPCPs are programs that offer unique standards an...

04/10/2023

Florida SFH Activity in Early-Q1 2023

Agnes Topp is a real estate agent with Compass. Check out Agnes Topp's listings or office listings.

04/06/2023

Florida's Real Estate Market Expected to Boom in 2023

Agnes Topp is a real estate agent with Compass. Check out Agnes Topp's listings or office listings.

03/28/2023

Find out if it's time to sell your home
How much is your home worth? Type your property address and get a quick home estimate.

How much is your home worth? Type your property address and get a quick home estimate.

03/20/2023

Where To Buy Affordable Vacation Home In Florida

Agnes Topp is a real estate agent with Compass. Check out Agnes Topp's listings or office listings.

03/19/2023

U.S. pending home sales post largest gain in 2-1/2 years in January
Contact me to discuss the latest scoop in real estate!

WASHINGTON (Reuters) - Contracts to buy U.S. previously owned homes rose by the most in more than 2-1/2 years in January, but a resurgence in mortgage rates could delay a much-awaited housing market turnaround. The second straight monthly increase in contracts could see existing home sales reboundin...

03/06/2023

Vacation Rentals Driving Prices Higher In Florida Amid Low Supply

Agnes Topp is a real estate agent with Compass. Check out Agnes Topp's listings or office listings.

03/02/2023

The Outlook for Florida’s Real Estate In 2023

Agnes Topp is a real estate agent with Compass. Check out Agnes Topp's listings or office listings.

02/21/2023

Ask Me Anything!
Have questions about real estate but not sure where to start?

Have questions about real estate but not sure where to start?

02/13/2023

Florida Will Need 570K Housing Units by 2030

Agnes Topp is a real estate agent with Compass. Check out Agnes Topp's listings or office listings.

02/12/2023

In tough national market, Florida homeowners still sitting pretty
Contact me to discuss the latest scoop in real estate!

A trio of reports released over the last week show the Florida real estate market is still in a strong position, despite national economic headwinds that are acting as a drag on home sales overall. According to a report compiled by Portland, Oregon-based Matin Real Estate, Florida ranks 4th in the n...