Each month, Dream Builders Realty shares the most up-to-date information regarding the Central Florida real estate market. These numbers are beneficial to you as a home buyer or seller because they provide insight on what is happening in the local market and can be used as a starting off point in your next big real estate adventure. 

We hope our monthly Central Florida real estate market updates (including our May 2015 real estate market update where you can compare the previous month's numbers to this month's numbers) help with your real estate needs when it comes to buying or selling your next home in Central Florida.

You’ve read what we have to say about Dave Ramsey's way of living and gotten your financial house in order, making you ready to begin the great house hunt. But before you dive head first into gathering your top ten list of dream homes, you may want to learn a little more about what you'll be paying for that home. 

You’ve set a budget for your monthly payments, but those payments could vary greatly depending on the interest rate you pay for a loan. And the interest rate you end up paying may vary for a number of reasons, too. 

For a 30-year loan on $150,000, the monthly payment of interest and principal at 5 percent would be $805. That same loan at a 4 percent rate would be $716 a month. It's kind of amazing to see the difference one little percentage point can make.

The interest rate you pay is largely determined by your credit score, which includes:

You've decided to sell your home, and the big question you've been eager to have answered is, "How much money am I going to make on the sale of my home?" But actually, the first question you should ask is, "How much do I really owe on my current home?"

Many people think the amount shown on their monthly mortgage statement provides enough information. However, while this is in the general range, it does not show the actual payoff amount because of the way interest on mortgage loans is calculated and charged.