Why Inflation Shouldn’t Stop You from Buying a Home in 2022

Written by Pompano Beach Mortgage Syndicated User on January 12, 2022. Posted in Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers, Pompano Beach Condo Financing, Pompano Beach Mortgage, Pricing.

If you’re following along with the news today, you’re probably hearing a lot about record-breaking home prices, rising consumer costs, supply chain constraints, and more. And if you’re thinking about purchasing a home this year, all of these inflationary concerns are likely making you wonder if you should wait to buy. Investopedia explains that during a period of high inflation, prices rise across the board. And while home prices aren’t immune from this increase, here’s why inflation shouldn’t stop you from buying a home in 2022. Homeownership Offers Stability and Security Home prices have...

Why Waiting To Sell Your House Could Cost You a Small Fortune

Written by Pompano Beach Mortgage Syndicated User on January 7, 2022. Posted in For Sellers, Housing Market Updates, Interest Rates, Move-Up Buyers, Pompano Beach Condo Financing, Pompano Beach Mortgage, Pricing, Selling Myths.

Many homeowners who plan to sell in 2022 may think the wise thing to do is to wait for the spring buying market since historically about 40 percent of home sales occur between April and July. However, this year’s expected to be much different than the norm. Here are five reasons to list your house now rather than waiting until the spring. 1. Buyers Are Looking Right Now, and They’re Ready To Purchase The ShowingTime Showing Index reports data from more than six million property showings scheduled across the country each month. In other words, it’s a gauge of how many buyers are out looking...

Expert Insights on the 2022 Housing Market

Written by Pompano Beach Mortgage Syndicated User on January 7, 2022. Posted in For Buyers, For Sellers, Housing Market Updates, Interest Rates, Pompano Beach Condo Financing, Pompano Beach Mortgage, Pricing.

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...

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