Don’t Let These Two Concerns Hold You Back from Selling Your House

Written by Palm Harbor FL Mortgage Syndicated User on December 1, 2024. Posted in Featured, For Sellers, Inventory, Palm Harbor FL Mortgage, Palm Harbor Mortgage.

If you’re debating whether or not you want to sell right now, it might be because you’ve got some unanswered questions, like if moving really makes sense in today’s market. Maybe you’re wondering if it’s even a good idea to move right now. Or you’re stressed because you think you won’t find a house you like.To put your mind at ease, here’s how to tackle these two concerns head-on.Is It Even a Good Idea To Move Right Now?If you own a home already, you may have been holding off because you don’t want to sell and take on a higher mortgage rate on your next house. But your move may be a lot...

Planning To Sell Your House in 2025? Start Prepping Now

Written by Palm Harbor FL Mortgage Syndicated User on November 1, 2024. Posted in Agent Value, Featured, For Sellers, Palm Harbor FL Mortgage, Palm Harbor Mortgage.

If your goal is to sell your house in 2025, now’s the time to start prepping. Even though it might seem like there’s plenty of time between now and the new year, you should get a head start on any updates or repairs you want to make now. As Danielle Hale, Chief Economist at Realtor.com, says:“ . . . now is the time to start thinking about what you need for your next home and then taking those steps to prepare to list . . . We have survey data that says 47 percent of sellers are taking longer than a month to get their home ready to sell, so getting them to start that process early can mean more...

What To Expect from Mortgage Rates and Home Prices in 2025

Written by Palm Harbor FL Mortgage Syndicated User on November 1, 2024. Posted in Affordability, Featured, For Buyers, For Sellers, Home Prices, Mortgage Rates, Palm Harbor FL Mortgage, Palm Harbor Mortgage.

Curious about where the housing market is headed in 2025? The good news is that experts are offering some promising forecasts, especially when it comes to two key factors that directly affect your decisions: mortgage rates and home prices.Whether you’re thinking of buying or selling, here’s a look at what the experts are saying and how it might impact your move.Mortgage Rates Are Forecast To Come Down One of the biggest factors likely affecting your plans is mortgage rates, and the forecast looks positive. After rising dramatically in recent years, experts project rates will ease slightly...

Falling Mortgage Rates Are Bringing Buyers Back

Written by Palm Harbor FL Mortgage Syndicated User on October 1, 2024. Posted in Featured, For Sellers, Mortgage Rates, Palm Harbor FL Mortgage, Palm Harbor Mortgage, Selling Tips.

If you’ve been hesitant to list your house because you’re worried no one’s buying, here’s your sign it may be time to talk with an agent.After months of high rates keeping buyers on the sidelines, things are starting to shift. Rates are already coming down due to a number of economic factors. And yesterday the Federal Reserve cut the Federal Funds Rate for the first time since they began raising that rate in March 2022. And while they don’t control mortgage rates, this sets the stage for mortgage rates to fall even further than they already have – especially since more cuts from the Fed are...

Mortgage Rates Drop to Lowest Level in over a Year and a Half

Written by Palm Harbor FL Mortgage Syndicated User on October 1, 2024. Posted in Featured, For Buyers, For Sellers, Mortgage Rates, Palm Harbor FL Mortgage, Palm Harbor Mortgage.

Mortgage rates have hit their lowest point in over a year and a half. And that’s big news if you’ve been sitting on the homebuying sidelines waiting for this moment.Even a small decline in rates could help you get a better monthly payment than you would expect on your next home. And the drop that’s happened recently isn’t small. As Sam Khater, Chief Economist at Freddie Mac, says:“Mortgage rates have fallen more than half a percent . . . and are at their lowest level since February 2023.”But if you want to see it to really believe it, here’s how the math shakes out. Take a closer look at the...

Today’s Biggest Housing Market Myths

Written by Palm Harbor FL Mortgage Syndicated User on September 1, 2024. Posted in Buying Tips, Economy, Featured, For Buyers, Mortgage Rates, Palm Harbor FL Mortgage, Palm Harbor Mortgage.

Have you ever heard the phrase: don’t believe everything you hear? That’s especially true if you’re thinking about buying or selling a home in today’s housing market. There’s a lot of misinformation out there. And right now, making sure you have someone you can go to for trustworthy information is extra important.If you partner with a real estate agent, they can clear up some common misconceptions and reassure you by backing them up with research-driven facts. Here are just a few misconceptions they can help disprove.1. I’ll Get a Better Deal Once Prices CrashIf you’ve heard home prices are...

The Number One Mistake Sellers Are Making: Overpricing Their House

Written by Palm Harbor FL Mortgage Syndicated User on September 1, 2024. Posted in Featured, For Sellers, Home Prices, Palm Harbor FL Mortgage, Palm Harbor Mortgage, Selling Tips.

In today’s housing market, many sellers are making a critical mistake: overpricing their houses. This common error can lead to a home sitting on the market for a long time without any offers. And when that happens, the homeowner may have to drop their asking price to try to re-ignite buyer interest.Data from Realtor.com shows the number of homeowners realizing this mistake and doing a price reduction is climbing (see graph below):If you’re thinking about making a move yourself, here’s what you need to know. The best way to avoid making a costly mistake is to work with a trusted real estate...

Why a Vacation Home Is the Ultimate Summer Upgrade

Written by Palm Harbor FL Mortgage Syndicated User on July 1, 2024. Posted in Buying Tips, Featured, For Buyers, Luxury / Vacation, Palm Harbor FL Mortgage, Palm Harbor Mortgage.

Summer is officially here and that means it’s the perfect time to start planning where you want to vacation and unwind this season. If you’re excited about getting away and having some fun in the sun, it might make sense to consider if owning your own vacation home is right for you.An Ameriprise Financial survey sheds light on why people buy a second, or vacation, home (see below): Vacation destination or a place to get away from the stresses of everyday life (81%) – Having a second home to use as a vacation spot can be a special place where you go to relax and take a break from your daily routines...

Do Elections Impact the Housing Market?

Written by Palm Harbor FL Mortgage Syndicated User on July 1, 2024. Posted in Featured, For Buyers, For Sellers, Palm Harbor FL Mortgage, Palm Harbor Mortgage.

The 2024 Presidential election is just months away. As someone who’s thinking about potentially buying or selling a home, you’re probably curious about what effect, if any, elections have on the housing market.It’s a great question because buying or selling a home is a major decision, and it’s natural to wonder how such a major event might impact your plans.Historically, Presidential elections have only had a small, temporary impact on the housing market. Here’s the latest on exactly what’s happened to home sales, prices, and mortgage rates throughout those time periods.Home SalesDuring the...

What’s Next for Home Prices and Mortgage Rates?

Written by Palm Harbor FL Mortgage Syndicated User on June 1, 2024. Posted in Featured, For Buyers, Home Prices, Mortgage Rates, Palm Harbor FL Mortgage, Palm Harbor Mortgage.

If you’re thinking of making a move this year, there are two housing market factors that are probably on your mind: home prices and mortgage rates. You’re wondering what’s going to happen next. And if it’s worth it to move now, or better to wait it out.The only thing you can really do is make the best decision you can based on the latest information available. So, here’s what experts are saying about both prices and rates.1. What’s Next for Home Prices? One reliable place you can turn to for information on home price forecasts is the Home Price Expectations Survey from Fannie Mae – a survey...

Category: Featured