First Time Home Buyers
Information

  









Pompano Beach

Home Mortgage Loans

Get The Lowest Interest Rate On
Pompano Beach Home Loans.


Whether you are a first time home buyer or trading up to a larger home, we work to find the best home loan solution for you. Constantly surveying the hundreds of mortgage lenders as well as anonymously testing their staff, we are always aware of the conditions of the home loan market as well as the lenders involved in it.

Best Lender For Pompano Beach Home Loans

Unfortunately, the subprime mortgage crisis has caused dramatic changes in the lending climate. Many lending institutions have suffered tremendous losses and as a result have tightened their lending standards drastically. Whereas it used to be very, very easy to meet the requirements in order to get approved, it is now much more difficult with most lenders. When searching for a mortgage lender in Pompano Beach, it is important to find one that not only offers the lowest rates, but also has not tightened lending standards to the point that only a tiny percentage of applicants will qualify.

Pompano Beach Florida Overview & Statistics

Pompano Beach Overview

As of 2007, Pompano Beach's population is 104,402 people. Since 2000, it has had a population growth of 33.52 percent.

The median home cost in Pompano Beach is $417,300. Home appreciation the last year has been -4.27 percent.

Compared to the rest of the country, Pompano Beach's cost of living is 15.58% Higher than the U.S. average.

Pompano Beach public schools spend $5,620 per student. The average school expenditure in the U.S. is $6,058. There are about 19 students per teacher in Pompano Beach.

The unemployment rate in Pompano Beach is 2.90 percent (U.S. avg. is 4.60%). Recent job growth is Positive. Pompano Beach jobs have Increased by 1.66 percent.

Pompano Beach Climate

Pompano Beach, FL, gets 60 inches of rain per year. The US average is 37. Snowfall is 0 inches. The average US city gets 25 inches of snow per year. The number of days with any measurable precipitation is 120.

On average, there are 242 sunny days per year in Pompano Beach, FL. The July high is around 91 degrees. The January low is 58. Our comfort index, which is based on humidity during the hot months, is a 28 out of 100, where higher is more comfortable. The US average on the comfort index is 44.

Pompano Beach Housing

The median home value in Pompano Beach, FL, is $417,300. Home appreciation is -4.27% over the last year. The median age of Pompano Beach, FL, real estate is 31 years.

Pompano Beach, FL Apartments and Rentals

Renters make up 29.56% of the Pompano Beach, FL, population. 20.65% of houses and apartments in Pompano Beach, FL, are unoccupied (vacancy rate).

Pompano Beach Crime

Pompano Beach, FL, violent crime, on a scale from 1 (low crime) to 10, is 7. Violent crime is composed of four offenses: murder and non-negligent manslaughter, forcible rape, robbery, and aggravated assault. The US average is 3.

Pompano Beach, FL, property crime, on a scale from 1 (low) to 10, is 7. Property crime includes the offenses of burglary, larceny-theft, motor vehicle theft, and arson. The object of the theft-type offenses is the taking of money or property, but there is no force or threat of force against the victims. The US average is 3.

For related resources please also visit:

www.mypompanobeach.org

Pompano Beach Real Estate Agents

Florida First Time Home Buyers Grants

Florida First Time Home Buyer Programs

Florida Home Loan

 


   
Housing Not Yet At Bottom
 Real Estate continues to lose value. One expert predicted the subprime financial crisis in 2008 and is now calling for an Economic Depression in 2011 -2012. Learn how he is helping others protect and greatly increase their wealth in spite of the financial crisis. Read more>>>

Contact Us | Privacy Policy | Terms of Use | Mortgage Terms Glossary | First Time Home Buyers Loan | First Time Home Buyer Blog | Site Map
Copyright © 2002 - 2006  All Rights Reserved.
FIRST TIME HOME BUYER