Florida Mortgage | How Supply and Demand Can Tip the Pricing Scales in Today’s Market
| In today’s housing market, an imbalance between supply and demand is driving up home prices. Let’s connect to discuss how you can tip the scales in your favor as a homebuyer. NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany
Florida Mortgage | Don’t Fear Today’s Real Estate Market | Buying a home doesn’t have to be scary, even in a sellers’ market. Let’s connect today to take the fear out of the equation. NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany
As you set out on your homebuying journey, you likely have a plan in place, and you’re working on saving for your purchase. But do you know how much you actually need for your down payment?
If you think you have to put 20% down, you may have set your goal based on a common misconception. Freddie Mac says:
“The most damaging down payment myth—since it stops the homebuying process before it can start—is the belief that 20% is necessary.”
Unless specified by your loan type or lender, it’s typically not required to put 20% down. According to the Profile of Home Buyers and Sellers from the National...
Florida Mortgage | Your Perfect Home Is the One You Perfect After You Buy
Don’t give up the search just because you haven’t found a home that checks every box. Let’s connect to see which of your "must haves" can be accomplished after you purchase. NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany
Are you one of the many renters thinking about where you’ll live the next time your lease is up? Before you decide whether to look for a new house or another apartment, it’s important to understand the true costs of renting in 2022.
As a renter, you should know rents have been rising since 1988 (see graph below):
In 2021, rents grew dramatically. According to ApartmentList.com, since January 2021:
“. . . the national median rent has increased by a staggering 17.8 percent. To put that in context, rent growth from January to November averaged just 2.6 percent in the pre-pandemic years from...
Florida Mortgage | Expert Quotes on the Fall Housing Market. Experts agree that the housing market is still strong this fall and gives both buyers and sellers unique opportunities. Let’s connect if you’re ready to make a move this season. NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany
As a buyer in a sellers’ market, sometimes it can feel like you’re stuck between a rock and a hard place. When you’re ready to make an offer on a home, remember these five easy tips to help you rise above the competition.
1. Know Your Budget
Knowing your budget and what you can afford is critical to your success as a homebuyer. The best way to understand your numbers is to work with a lender so you can get pre-approved for a loan. As Freddie Mac puts it:
“This pre-approval allows you to look for a home with greater confidence and demonstrates to the seller that you are a serious buyer.”
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Florida Mortgage | Thinking of Buying or Selling a Home? If you’re thinking of buying or selling a home, the Fall Buyer and Seller Guides are here. Let’s connect so you can get the latest digital copies. NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany
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...
Florida Mortgage | Homeownership Is Still Affordable | Even with today’s growing home price appreciation, homeownership is still affordable. Let’s connect to make your homeownership goals a reality. NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany