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 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...

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 Difference Between Renting and Owning [INFOGRAPHIC]

Written by Treasure Island FL Mortgage Syndicated User on March 1, 2022. Posted in First Time Home Buyers, For Buyers, Infographics, Mortgage Treasure Island FL, Move-Up Buyers, Rent vs. Buy, Treasure Island FL Mortgage.

Some Highlights If you’re deciding whether to rent or buy, consider the many financial benefits that come with owning a home. As a renter, you build your landlord’s wealth and face rising costs. As a homeowner, you build your own net worth and can lock in your monthly payments for the length of your loan. If you’re weighing your options, remember that owning a home is a decision that has considerable financial perks. If you want to learn more, let’s connect to talk about the perks of homeownership. Content previously posted on Keeping Current Matters

Millennials: Do You Need a Home with More Space?

Written by Treasure Island FL Mortgage Syndicated User on March 1, 2022. Posted in Demographics, Down Payments, For Buyers, For Sellers, Millennials, Mortgage Treasure Island FL, Move-Up Buyers, Treasure Island FL Mortgage.

If you’re a millennial, homebuying might be top of mind for you. Your generation is the largest group of homebuyers in the market today and has been since 2014, according to the National Association of Realtors (NAR). And while other millennials are looking to buy for the first time, you may be one of the many who are now discovering you’ve outgrown your home. If that’s the case, you’re not alone. The past two years brought about significant changes for many people, and today, homeowners are reevaluating what they truly need in a home. As a recent report from the Wall Street Journal states: “They...

Why Your Home Inspection Matters [INFOGRAPHIC]

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

Some Highlights Buying a home and wondering if your inspection is necessary? While some buyers may decide to waive their inspection, it’s risky decision. Your home inspection is a crucial step in the homebuying process. It assesses the condition of the home you plan to purchase, so you can avoid costly surprises down the road. Let’s connect so you have expert advice and a trusted professional who will keep your interests top of mind. Content previously posted on Keeping Current Matters

Why Now Is a Great Time To Sell Your House

Written by Treasure Island FL Mortgage Syndicated User on December 1, 2021. Posted in For Sellers, Housing Market Updates, Mortgage Treasure Island FL, Move-Up Buyers, Pricing, Selling Myths, Treasure Island FL Mortgage.

As we near the end of the year, more homeowners are realizing the benefits of today’s sellers’ market. Record-breaking home price appreciation, growing equity, low inventory, and competitive mortgage rates are motivating homeowners to make a move that addresses their changing lifestyles. In fact, recent data from realtor.com shows a larger share of homeowners are planning to list their houses this winter. So, that means more homes are about to hit the market, which will lead to more choices for buyers too. According to George Ratiu, Manager of Economic Research at realtor.com: “The pandemic...

Home Is Where the Heart Is More than Ever This Year

Written by Treasure Island FL Mortgage Syndicated User on December 1, 2021. Posted in First Time Home Buyers, For Buyers, Mortgage Treasure Island FL, Move-Up Buyers, Treasure Island FL Mortgage.

There’s no denying the financial benefits of homeownership, but what’s often overlooked are the feelings of gratitude, security, pride, and comfort we get from owning a home. This year, those emotions are stronger than ever. We’ve lived through a time that has truly changed our needs and who we are, and as a result, homeownership has a whole new meaning for many of us. According to the 2021 State of the American Homeowner report by Unison: “Last year, staying home became a necessity and that caused many homeowners to have renewed gratitude for the roof over their head.” As a nation, we continue...

The Mortgage Process Doesn’t Have To Be Scary [INFOGRAPHIC]

Written by Treasure Island FL Mortgage Syndicated User on November 1, 2021. Posted in Buying Myths, First Time Home Buyers, For Buyers, Infographics, Mortgage Treasure Island FL, Move-Up Buyers, Treasure Island FL Mortgage.

Some Highlights Applying for a mortgage is a big step towards homeownership, but it doesn’t need to be one you fear. Here are some tips to help you prepare. Know your credit score and work to build strong credit. When you’re ready, lean on your agent to connect you with a lender so you can get pre-approved and begin your home search. Any major life change can be scary, and buying a home is no different. Let’s connect so you have an advisor by your side to take the fear out of the equation. Content previously posted on Keeping Current Matters

Category: Move-Up Buyers