We’re in a Sellers’ Market. What Does That Mean?

Written by Treasure Island FL Mortgage Syndicated User on April 1, 2023. Posted in For Sellers, Mortgage Treasure Island FL, Selling Myths, Treasure Island FL Mortgage.

Even though activity in the housing market has slowed from the frenzy we saw over a year ago, today’s low supply of homes for sale is still a sellers’ market. But what does that really mean? And why are conditions today so good if you want to list your house?It starts with the number of homes available for sale. The latest Existing Home Sales Report from the National Association of Realtors (NAR) shows housing supply is still astonishingly low. Today, we have a 2.6-month supply of homes at the current sales pace. Historically, a 6-month supply is necessary for a ‘normal’ or ‘neutral’ market...

4 Key Tips for Selling Your House This Spring

Written by Treasure Island FL Mortgage Syndicated User on April 1, 2023. Posted in For Sellers, Housing Market Updates, Mortgage Treasure Island FL, Selling Myths, Treasure Island FL Mortgage.

Spring has arrived, and that means more and more people are getting their homes ready to sell. But with recent shifts in real estate, this year’s spring housing market will be different from the frenzy of the past several years. To sell your house quickly, without hassles, and for the most money, be sure to follow these four simple tips:1. Make Sure You Give Buyers AccessOne of the biggest mistakes you can make as a seller is limiting the days and times when buyers have access to view your home. In any market, if you want to maximize the sale of your house, you can’t limit potential buyers’...

Checklist for Selling Your House This Spring [INFOGRAPHIC]

Written by Treasure Island FL Mortgage Syndicated User on March 1, 2023. Posted in For Sellers, Infographics, Mortgage Treasure Island FL, Treasure Island FL Mortgage.

Lower Mortgage Rates Are Bringing Buyers Back to the Market

Written by Treasure Island FL Mortgage Syndicated User on February 1, 2023. Posted in For Sellers, Housing Market Updates, Mortgage Treasure Island FL, Move-Up Buyers, Treasure Island FL Mortgage.

As mortgage rates rose last year, activity in the housing market slowed down. And as a result, homes started seeing fewer offers and stayed on the market longer. That meant some homeowners decided to press pause on selling.

Where Will You Go If You Sell? You Have Options.

Written by Treasure Island FL Mortgage Syndicated User on February 1, 2023. Posted in For Sellers, Housing Market Updates, Mortgage Treasure Island FL, Move-Up Buyers, New Construction, Treasure Island FL Mortgage.

There are plenty of good reasons you might be ready to move. No matter your motivations, before you list your current house, you need to consider where you’ll go next.

Planning To Sell Your House? It’s Critical To Hire a Pro.

Written by Treasure Island FL Mortgage Syndicated User on January 1, 2023. Posted in For Sellers, FSBOs, Mortgage Treasure Island FL, Selling Myths, Treasure Island FL Mortgage.

With higher mortgage rates and moderating buyer demand, conditions in the housing market are different today. And if you’re thinking of selling your house, it’s important to understand how the market has changed and what that means for you. The best way to make sure you’re in the know is to work with a trusted housing market expert. Here are five reasons working with a professional can ensure you’ll get the most out of your sale. 1. A Real Estate Advisor Is an Expert on Market Trends Leslie Rouda Smith, 2022 President of the National Association of Realtors (NAR), explains: “During challenging...

Why There Won’t Be a Flood of Foreclosures Coming to the Housing Market

Written by Treasure Island FL Mortgage Syndicated User on December 1, 2022. Posted in Distressed Properties, For Buyers, For Sellers, Foreclosures, Mortgage Treasure Island FL, Treasure Island FL Mortgage.

With the rapid shift that’s happened in the housing market this year, some people are raising concerns that we’re destined for a repeat of the crash we saw in 2008. But in truth, there are many key differences between what’s happening today and the bubble in the early 2000s. One of the reasons this isn’t like the last time is the number of foreclosures in the market is much lower now. Here’s a look at why there won’t be a wave of foreclosures flooding the market. Not as Many Homeowners Are in Trouble This Time After the last housing crash, over nine million households lost their homes due to...

3 Ways You Can Use Your Home Equity

Written by Treasure Island FL Mortgage Syndicated User on December 1, 2022. Posted in For Sellers, Housing Market Updates, Mortgage Treasure Island FL, Move-Up Buyers, Treasure Island FL Mortgage.

If you’re a homeowner, odds are your equity has grown significantly over the last few years as home prices skyrocketed and you made your monthly mortgage payments. Home equity builds over time and can help you achieve certain goals. According to the latest Equity Insights Report from CoreLogic, the average borrower with a home loan has almost $300,000 in equity right now. As you weigh your options, especially in the face of inflation and talk of a recession, it’s important to understand your assets and how you can leverage them. A real estate professional is the best resource to help you understand...

Your House Could Be the #1 Item on a Homebuyer’s Wish List During the Holidays

Written by Treasure Island FL Mortgage Syndicated User on December 1, 2022. Posted in For Sellers, Housing Market Updates, Millennials, Mortgage Treasure Island FL, Treasure Island FL Mortgage.

Each year, homeowners planning to make a move are faced with a decision: sell their house during the holidays or wait. And others who have already listed their homes may think about removing their listings and waiting until the new year to go back on the market. The truth is many buyers want to purchase a home for the holidays, and your house might be just what they’re looking for. Here are five great reasons you shouldn’t wait to sell your house. 1. While the supply of homes for sale has increased this year, there still aren’t enough homes on the market to keep up with buyer demand. As Nadia...

Millennials Are Still a Driving Force of Today’s Buyer Demand

Written by Treasure Island FL Mortgage Syndicated User on November 1, 2022. Posted in Demographics, For Sellers, Housing Market Updates, Millennials, Mortgage Treasure Island FL, Treasure Island FL Mortgage.

If you’re thinking about selling your house but wondering if buyers are still out there, know that there are still people who are searching for a home to buy today. And your house may be exactly what they’re looking for. While the millennial generation has been dubbed the renter generation, that namesake may not be appropriate anymore. Millennials, the largest generation, are actually a significant driving force for buyer demand in the housing market today. Here’s why. Millennial Homebuying Power While there’s no denying higher mortgage rates are making it more challenging to afford a home...

Category: For Sellers