Tag: #treasureislandmortgage

Owning Is More Affordable than Renting in the Majority of the Country

Written by Treasure Island FL Mortgage Syndicated User on February 1, 2022. Posted in Buying Myths, First Time Home Buyers, For Buyers, Interest Rates, Mortgage Treasure Island FL, Pricing, Rent vs. Buy, Treasure Island FL Mortgage.

If you were thinking about buying a home this year, but already pressed pause on your plans due to rising home prices and increasing mortgage rates, there’s something you should consider. According to the latest report from ATTOM Data, owning a home is more affordable than renting in the majority of the country. The 2022 Rental Affordability Report says: “. . . Owning a median-priced home is more affordable than the average rent on a three-bedroom property in 666, or 58 percent, of the 1,154 U.S. counties analyzed for the report. That means major home ownership expenses consume a smaller...

Here’s to a Wonderful 2022!

Written by Treasure Island FL Mortgage Syndicated User on January 1, 2022. Posted in Holidays, Mortgage Treasure Island FL, Time-sensitive, Treasure Island FL Mortgage, Uncategorized.

Content previously posted on Keeping Current Matters

Expert Insights on the 2022 Housing Market

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

As we move into 2022, both buyers and sellers are wondering, what’s next? Will there be more homes available to buy? Will prices keep climbing? How high will mortgage rates go? For the answer to those questions and more, we turn to the experts. Here’s a look at what they say we can expect in 2022. Odeta Kushi, Deputy Chief Economist, First American: “Consensus forecasts put rates at about 3.7% by the end of next year. So, that’s still historically low, but certainly higher than they are today.” Danielle Hale, Chief Economist, realtor.com: “Affordability will increasingly be a challenge...

Why Selling Your House with a Real Estate Professional Is Essential

Written by Treasure Island FL Mortgage Syndicated User on January 1, 2022. Posted in For Sellers, FSBOs, Mortgage Treasure Island FL, Selling Myths, Treasure Island FL Mortgage.

Selling your house is no simple task. And when you sell on your own – known as a FSBO (or For Sale by Owner) – you’re responsible for handling some of the more difficult aspects of the process without the expert guidance you need. The 2021 Profile of Home Buyers and Sellers from the National Association of Realtors (NAR) surveys homeowners who recently sold their house on their own and asks what difficulties they faced. Those sellers say some of the biggest headaches are prepping their house for sale, pricing it right, and handling the required paperwork. Working with an agent is the best...

Reasons To Hire a Real Estate Professional [INFOGRAPHIC]

Written by Treasure Island FL Mortgage Syndicated User on December 1, 2021. Posted in For Buyers, For Sellers, Infographics, Mortgage Treasure Island FL, Treasure Island FL Mortgage.

Some Highlights Whether you’re buying or selling, there are many perks that come from working with a real estate advisor. Real estate professionals are experts at navigating all aspects of the buying and selling process, including negotiating on your behalf. We can also explain today’s market and break down what it means for you. Don’t go at it alone. Let’s connect today so you have advice and an expert to count on each step of the way. 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...

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...

Does Your House Have What Buyers Want?

Written by Treasure Island FL Mortgage Syndicated User on November 1, 2021. Posted in For Sellers, Housing Market Updates, Mortgage Treasure Island FL, Treasure Island FL Mortgage.

The rise in remote work is changing what many Americans want in their homes. Many companies are choosing to delay reopening or go remote full-time, and today’s buyers are looking for homes with more space to support their work needs. As a seller, if you no longer need the extra room you have in your home, rest assured there are buyers who do. Remote Work Is Here To Stay Remote work remains a reality for many Americans. A recent poll from Garter, Inc. shows many organizations have not yet returned their offices: “. . . 66% of organizations are delaying reopening their offices due to new...

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

Housing Challenge or Housing Opportunity? It Depends.

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

The biggest challenge in real estate today is the lack of available homes for sale. The low housing supply has caused homes throughout the country to appreciate at a much faster rate than what we’ve experienced historically. There are many reasons for the limited number of homes on the market, but as you can see in the graph below, we’re well below where we’ve been for most of the past 10 years. Today, across the country, there is only a 2.4-month supply of homes available for sale. The Opportunity This lack of homes for sale is creating a challenge for many buyers who are growing...