Some Highlights
Knowing key housing terms and how they relate to today’s market is important. For example, when mortgage rates and home prices rise, it impacts how much home you can afford.
Terms like appraisal (what lenders rely on to validate a home’s value) and the inspection contingency (which gives buyers essential information on a home’s condition) directly impact the transaction.
Buying a home can be intimidating if you’re not familiar with the terms used throughout the process. Let’s connect so you have an expert guide and advice for any questions that may come up.
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Florida Mortgage | Home Equity Is a Seed That Can Grow Your Wealth
When you buy a home, you plant a seed that grows your investment each year. Let’s connect so you can buy the home of your dreams and let the equity take root today. NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany
Florida Mortgage Experts | No Matter What the Groundhog Says, You Should Sell Before the Spring! Buyers are looking for homes right now, and with today’s record-low inventory, the chance of your house getting noticed is high. Let’s connect today so you get all the benefits that come with listing your house before spring. NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany
Florida Mortgage | Two Reasons To Move This Year | Home prices and mortgage rates are forecast to rise. Let’s connect so you can sell your house and find your next home before it costs more to move. NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany
Florida Mortgage | All Signs Point to Your House Selling Quickly This Year | Current real estate conditions are creating great opportunities for sellers. Let’s connect to discuss why you should expect your house to sell quickly in today’s market. NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany
Some Highlights
Today’s housing market is the direct result of low supply and high buyer demand. Here’s what that means for you and your plans to buy or sell.
For buyers, expect competition, be ready to move fast, and be prepared to submit your strongest offer. For sellers, know your house will be the center of attention and that it’ll likely sell quickly and get multiple offers.
If you’re ready to move, let’s connect to talk about our local area and how you can take advantage of today’s unprecedented housing market.
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Florida Mortgage | Don’t Fear Today’s Real Estate Market | Buying a home doesn’t have to be scary, even in a sellers’ market. Let’s connect today to take the fear out of the equation. NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany
For many homebuyers, the thought of saving for a down payment can feel daunting, especially in today’s market. That’s why, when asked what they find most difficult in the homebuying process, some buyers say it’s one of the hardest steps on the path to homeownership. Data from the National Association of Realtors (NAR) shows:
“For first-time home buyers, 29 percent said saving for a downpayment [sic] was the most difficult step in the process.”
If you’re finding that your down payment is your biggest hurdle, the good news is there are many down payment assistance programs available that can...
Florida Mortgage | Your Perfect Home Is the One You Perfect After You Buy
Don’t give up the search just because you haven’t found a home that checks every box. Let’s connect to see which of your "must haves" can be accomplished after you purchase. NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany
Many analysts projected home price appreciation would slow dramatically in the fall of 2021 and then continue to soften throughout 2022. So far, that hasn’t happened. The major price indices are all revealing ongoing double-digit price appreciation. Here’s a look at their reports on year-over-year price appreciation for December:
Federal Housing Finance Agency (FHFA): 17.6%
S&P Case-Shiller: 18.8%
CoreLogic: 18.5%
To show that they’re not seeing signs of softening, here’s a graph that gives the progression of all three indices for each month of 2021.
As the graph above reveals, last...