Available 7 Days/Week       MON - FRI  8am - 7pm       SAT - SUN  10am – 6pm
Call us (727) 474-4300
Apply Now

Author: Treasure Island FL Mortgage Syndicated User

Keys to Success for First-Time Homebuyers

Written by Treasure Island FL Mortgage Syndicated User on . Posted in Down Payments, First Time Home Buyers, For Buyers, Mortgage Treasure Island FL, Treasure Island FL Mortgage.

Buying your first home is an exciting decision and a major milestone that has the power to change your life for the better. As a first-time homebuyer, it’s a vision you can bring to life, but, as the National Association of Realtors (NAR) shares, you’ll have to overcome some factors that have made it more challenging in recent years:“Since 2011, the share of first-time home buyers has been under the historical norm of 40% as buyers face tight inventory, rising home prices, rising rents and high student debt loads.”That said, if you’re looking to purchase your first home, here are two things...

Continue reading

Today’s Real Estate Market: The ‘Unicorns’ Have Galloped Off

Written by Treasure Island FL Mortgage Syndicated User on . Posted in For Buyers, For Sellers, Foreclosures, Housing Market Updates, Mortgage Treasure Island FL, Pricing, Treasure Island FL Mortgage.

Comparing real estate metrics from one year to another can be challenging in a normal housing market. That’s due to possible variability in the market making the comparison less meaningful or accurate. Unpredictable events can have a significant impact on the circumstances and outcomes being compared. Comparing this year’s numbers to the two ‘unicorn’ years we just experienced is almost worthless. By ‘unicorn,’ this is the less common definition of the word:“Something that is greatly desired but difficult or impossible to find.” The pandemic profoundly changed real estate over the last few years....

Continue reading

Florida Mortgage | Foreclosure Numbers Today Are Nothing Like 2008

Written by Treasure Island FL Mortgage Syndicated User on . Posted in Mortgage Treasure Island FL, Treasure Island FL Mortgage.

Florida Mortgage | Foreclosure Numbers Today Are Nothing Like 2008 Today, foreclosure numbers are nothing like they were in 2008. Let’s connect if you have questions about what you see in the news about today’s housing market. NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany

Continue reading

Florida Mortgage | What Does It Mean To Be in a Sellers’ Market?

Written by Treasure Island FL Mortgage Syndicated User on . Posted in Mortgage Treasure Island FL, Treasure Island FL Mortgage.

Florida Mortgage | What Does It Mean To Be in a Sellers’ Market? To explain what a sellers’ market is and why it presents great opportunities for homeowners ready to make a move. NMLS ID 1834853 #floridarealestate #floridasellersmarket #floridamortgage #floridamortgagerates #floridamortgagecompany

Continue reading

Ways To Overcome Affordability Challenges in Today’s Housing Market [INFOGRAPHIC]

Written by Treasure Island FL Mortgage Syndicated User on . Posted in First Time Home Buyers, For Buyers, Infographics, Interest Rates, Mortgage Treasure Island FL, Move-Up Buyers, Pricing, Treasure Island FL Mortgage.

Some HighlightsWith so few homes on the market right now, widening the scope of your search to include nearby areas could help you find more options in your budget.You can also work with a trusted lender to consider alternative financing options and search for down payment assistance.If you’ve been searching for a home but are concerned about rising costs, make sure you have a team of trusted real estate professionals for expert advice.

Continue reading

Why Today’s Foreclosure Numbers Are Nothing Like 2008

Written by Treasure Island FL Mortgage Syndicated User on . Posted in Distressed Properties, Foreclosures, Housing Market Updates, Mortgage Treasure Island FL, Treasure Island FL Mortgage.

You’ve likely seen headlines about the number of foreclosures climbing in today’s housing market. That may leave you with a few questions, especially if you’re thinking about buying a house. Understanding what they really mean is mission-critical if you want to know the truth about what’s happening today.According to a recent report from ATTOM, a property data provider, foreclosure filings are up 6% compared to the previous quarter and 22% since one year ago. As media headlines call attention to this increase, reporting on just the number could actually generate worry and may even make you think...

Continue reading

The Three Factors Affecting Home Affordability Today

Written by Treasure Island FL Mortgage Syndicated User on . Posted in First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Mortgage Treasure Island FL, Move-Up Buyers, Pricing, Treasure Island FL Mortgage.

There’s been a lot of focus on higher mortgage rates and how they’re creating affordability challenges for today’s homebuyers. It’s true that rates climbed dramatically since the record-low we saw during the pandemic. But home affordability is based on more than just mortgage rates – it’s determined by a combination of mortgage rates, home prices, and wages.Considering how each one of these factors is changing gives you the full picture of home affordability today. Here’s the latest.1. Mortgage RatesWhile mortgage rates are higher than they were a year ago, they’ve hovered primarily between...

Continue reading