A Trusted Real Estate Advisor Provides Expert Advice

Written by Treasure Island FL Mortgage Syndicated User on September 1, 2022. Posted in For Buyers, For Sellers, Mortgage Treasure Island FL, Treasure Island FL Mortgage.

If you’re a homeowner or are planning to become one soon, you’re probably looking for clear information about today’s housing market. And if you’ve turned to the news or even just read headlines recently, you might feel like you’re left with more questions than answers. The best way to make sure you get what you need is to work with an expert. Why You Want To Lean on a Trusted Professional With any big milestone in life, it’s wise to seek advice from people who are experts in their field. While you likely want that advice to be perfect, perfect simply isn’t possible. But professionals have...

Three Reasons To Buy a Home in Today’s Shifting Market [INFOGRAPHIC]

Written by Treasure Island FL Mortgage Syndicated User on August 1, 2022. Posted in First Time Home Buyers, For Buyers, Housing Market Updates, Infographics, Mortgage Treasure Island FL, Move-Up Buyers, Treasure Island FL Mortgage.

Some Highlights The housing market is moving away from the frenzy of the past year and it’s opening doors for you if you’re thinking about buying a home. Housing inventory is increasing, which means more options for your search. Plus, the intensity of bidding wars may ease as buyer demand moderates, leading to fewer homes selling above asking price. If you’re ready to buy a home, now may be the moment you’ve been waiting for. Let’s connect to start the homebuying process today. Content previously posted on Keeping Current Matters

Want To Buy a Home? Now May Be the Time.

Written by Treasure Island FL Mortgage Syndicated User on August 1, 2022. Posted in First Time Home Buyers, For Buyers, Mortgage Treasure Island FL, Move-Up Buyers, Treasure Island FL Mortgage.

There are more homes for sale today than at any time last year. So, if you tried to buy a home last year and were outbid or out priced, now may be your opportunity. The number of homes for sale in the U.S. has been growing over the past four months as rising mortgage rates help slow the frenzy the housing market saw during the pandemic. Lawrence Yun, Chief Economist at the National Association of Realtors (NAR), explains why the shifting market creates a window of opportunity for you: “This is an opportunity for people with a secure job to jump into the market, when other people are a little...

A Real Estate Professional Helps You Separate Fact from Fiction

Written by Treasure Island FL Mortgage Syndicated User on August 1, 2022. Posted in Buying Myths, For Buyers, For Sellers, Housing Market Updates, Mortgage Treasure Island FL, Pricing, Selling Myths, Treasure Island FL Mortgage.

If you’re following the news, chances are you’ve seen or heard some headlines about the housing market that don’t give the full picture. The real estate market is shifting, and when that happens, it can be hard to separate fact from fiction. That’s where a trusted real estate professional comes in. They can help debunk the headlines so you can really understand today’s market and what it means for you. Here are three common housing market myths you might be hearing, along with the expert analysis that provides better context. Myth 1: Home Prices Are Going To Fall One piece of fiction many buyers...

A Key Opportunity for Homebuyers

Written by Treasure Island FL Mortgage Syndicated User on July 1, 2022. Posted in First Time Home Buyers, For Buyers, Housing Market Updates, Mortgage Treasure Island FL, Move-Up Buyers, Treasure Island FL Mortgage.

There’s no denying the housing market has delivered a fair share of challenges to homebuyers over the past two years. Two of the biggest hurdles homebuyers faced during the pandemic were the limited number of homes for sale and the intensity and frequency of bidding wars. But those two things have reached a turning point. As you may have already heard, the number of homes for sale has increased this year, and even more so this spring. As Danielle Hale, Chief Economist for realtor.com, explains: “New listings–a measure of sellers putting homes up for sale–were up 6% above one year ago. Home...

Homeownership Could Be in Reach with Down Payment Assistance Programs

Written by Treasure Island FL Mortgage Syndicated User on July 1, 2022. Posted in Buying Myths, Down Payments, For Buyers, Mortgage Treasure Island FL, Treasure Island FL Mortgage.

A recent survey from Bankrate asks prospective buyers to identify the biggest obstacles in their homebuying journey. It found that 36% of those polled said saving for a down payment is one of their primary hurdles to buying a home. If you feel the same way, the good news is there are many down payment assistance programs available that can help you achieve your homeownership goals. The key is understanding where to look and learning what options are available. Here’s some information that can help you. You Can Qualify Even if You’ve Purchased a Home Before There are several misconceptions about...

Bright Days Are Ahead When You Move Up This Summer [INFOGRAPHIC]

Written by Treasure Island FL Mortgage Syndicated User on June 1, 2022. Posted in For Buyers, For Sellers, Infographics, Mortgage Treasure Island FL, Move-Up Buyers, Treasure Island FL Mortgage.

Some Highlights Warmer weather and longer days mean summer is almost here. Celebrate by upgrading to the home of your dreams so you can enjoy all the season has to offer. When you list your house, you can capitalize on today’s sellers’ market to fuel your upgrade. Then, you can move to a home with the features you want, like space to entertain or rooms for work and play. If you’re ready to upgrade to a home that matches your changing needs, let’s connect. Content previously posted on Keeping Current Matters

What Does the Rest of the Year Hold for the Housing Market?

Written by Treasure Island FL Mortgage Syndicated User on June 1, 2022. Posted in First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Interest Rates, Mortgage Treasure Island FL, Move-Up Buyers, Treasure Island FL Mortgage.

If you’re thinking of buying or selling a house, you’re at an exciting decision point. And anytime you make a big decision like that, one thing you should always consider is timing. So, what does the rest of the year hold for the housing market? Here’s what experts have to say. The Number of Homes Available for Sale Is Likely To Grow There are early signs housing inventory is starting to grow and experts say that should continue in the months ahead. According to Danielle Hale, Chief Economist at realtor.com: “The gap between this year’s homes for sale and last year’s is one-fifth the size...

The Dream of Homeownership Is Worth the Effort

Written by Treasure Island FL Mortgage Syndicated User on May 1, 2022. Posted in First Time Home Buyers, For Buyers, Mortgage Treasure Island FL, Treasure Island FL Mortgage.

If you’re in the market to buy a home this season, stick with it. Homebuyers face challenges in any market, and today’s is no exception. But if you persevere, your decision to purchase a home will be worth the effort in the end. In fact, a recent survey from Bankrate shows homeownership is so powerful that: “Nearly three in four homeowners say they would still buy their current home if they had it to do [sic] all over again.” That means the results – owning a home and the benefits that come with it – outweigh the effort needed to achieve their goal. If you’re a homebuyer, let that provide...

What’s Happening with Mortgage Rates, and Where Will They Go from Here?

Written by Treasure Island FL Mortgage Syndicated User on April 1, 2022. Posted in For Buyers, Housing Market Updates, Interest Rates, Mortgage Treasure Island FL, Pricing, Treasure Island FL Mortgage.

Based on the Primary Mortgage Market Survey from Freddie Mac, the average 30-year fixed-rate mortgage has increased by 1.2% (3.22% to 4.42%) since January of this year. The rate jumped by more than a quarter of a point from just a week ago. Here’s a visual to show how mortgage rate movement throughout 2021 was steady compared to the rapid increase in mortgage rates this year: Just a few months ago, Freddie Mac projected mortgage rates would average 3.6% in 2022. Earlier this month, Fannie Mae forecast mortgage rates would average 3.8% in 2022. As the chart above shows, rates have already surpassed...

Category: For Buyers