A Tale of Two Housing Markets

Written by Palm Harbor FL Mortgage Syndicated User on May 1, 2025. Posted in For Buyers, For Sellers, Inventory, Palm Harbor FL Mortgage, Palm Harbor Mortgage.

For a long time, the housing market was all sunshine for sellers. Homes were flying off the shelves, and buyers had to compete like crazy. But lately, things are starting to shift. Some areas are still super competitive for buyers, while others are seeing more homes sit on the market, giving buyers a bit more breathing room.In other words, it’s a tale of two markets, and knowing which one you’re in makes a huge difference when you move.What Is a Buyer’s Market vs. a Seller’s Market?In a buyer’s market, there are a lot of homes for sale, and not as many people buying. With fewer buyers...

What’s Your House Worth Now? The Answer May Surprise You

Written by Palm Harbor FL Mortgage Syndicated User on May 1, 2025. Posted in For Sellers, Home Prices, Palm Harbor FL Mortgage, Palm Harbor Mortgage.

Let’s talk about something you might not check nearly as often as your bank account – and that’s how much your home is worth. But when it comes to your financial situation, it’s an important thing to remember. When’s the last time you had a professional show you the value of your home?Think about it. For most people, your house is probably the biggest asset you have. And if you’ve owned your home for a few years (or longer), chances are it’s been quietly building wealth for you in the background. And honestly? You might be surprised by just how much. What Is Home Equity?This wealth you may...

If the Asking Price Isn’t Compelling, It’s Not Selling

Written by Palm Harbor FL Mortgage Syndicated User on May 1, 2025. Posted in For Sellers, Infographics, Palm Harbor FL Mortgage, Palm Harbor Mortgage, Selling Tips.

Some HighlightsUnfortunately, a lot of sellers today are setting their asking price too high. That’s leading to an uptick in price cuts.?Some of the most common reasons this is happening are that they’re not paying attention to current market conditions or they’re trying to leave room for negotiation.The best way to avoid this mistake? Connect with an agent to make sure your house is priced to pull people in, not push them away.

Here’s What a Recession Could Mean for the Housing Market

Written by Palm Harbor FL Mortgage Syndicated User on April 1, 2025. Posted in For Buyers, For Sellers, Home Prices, Palm Harbor FL Mortgage, Palm Harbor Mortgage.

Recession talk is all over the news, and the odds of a recession are rising this year. And that leaves people wondering what would happen to the housing market if we do go into a recession.Let’s take a look at some historical data to show what’s happened in housing for each recession going all the way back to the 1980s.A Recession Doesn’t Mean Home Prices Will FallMany people think that if a recession hits, home prices will fall like they did in 2008. But that was an exception, not the rule. It was the only time we saw such a steep drop in prices. And it hasn’t happened since.In fact,...

The Best Week To List Your House Is Almost Here – Are You Ready?

Written by Palm Harbor FL Mortgage Syndicated User on April 1, 2025. Posted in Agent Value, For Sellers, Palm Harbor FL Mortgage, Palm Harbor Mortgage, Selling Tips.

If selling your house is on your to-do list this year, the time to start prepping is now. That’s because experts say the best week to list your house is coming up fast.A recent Realtor.com study analyzed years of housing market trends (excluding 2020 since it was an outlier) and found that April 13–19 is expected to be the ideal window to put your house on the market this year:“. . . we’ve identified April 13-19 as the best week to list for sellers . . . a seller listing a well-priced, move-in ready home is likely to find success. Because spring is generally the high season for real estate...

4 Things To Expect from the Spring Housing Market

Written by Palm Harbor FL Mortgage Syndicated User on April 1, 2025. Posted in For Buyers, For Sellers, Home Prices, Mortgage Rates, Palm Harbor FL Mortgage, Palm Harbor Mortgage.

Spring is in full swing, and the housing market is picking up along with it. And if you’ve been wondering whether now is the right time to buy or sell, here’s the inside scoop on why this spring may be a great time to make your move.1. There Are More Homes for SaleAfter a long stretch of tight inventory, the number of homes for sale is finally improving. According to recent national data from Realtor.com, active listings are up 27.5% compared to this time last year. Look at the graph below and follow the green line for 2025. You can see, even though inventory levels still haven’t returned...

How Buying or Selling a Home Helps Your Local Economy

Written by Palm Harbor FL Mortgage Syndicated User on April 1, 2025. Posted in For Buyers, For Sellers, Palm Harbor FL Mortgage, Palm Harbor Mortgage.

Whether you’re buying or selling a house, here’s something to think about that most people don’t. Your decision doesn’t just impact your life and your family’s, it sparks a ripple effect that has a positive impact on your entire community.Every year, the National Association of Realtors (NAR) puts out a report that breaks down the financial impact that comes from people buying and selling homes. The data shows that if you buy an existing (previously lived-in) home, you’re giving the local economy a boost of just over $60K. And if you buy a newly built home, that number goes up to over...

Is It Time To Put Your House Back on the Market?

Written by Palm Harbor FL Mortgage Syndicated User on April 1, 2025. Posted in Economy, For Sellers, Palm Harbor FL Mortgage, Palm Harbor Mortgage, Selling Tips.

If you took your house off the market in late 2024, you’re not the only one. Newsweek reports that data from CoreLogic and the Wall Street Journal (WSJ) says nearly 73,000 homes were pulled from the market in December alone – that’s more than any other December going all the way back to 2017 (see graph below):Whether it was because offers weren’t coming in, the timing around the holidays felt overwhelming, or they wanted to see if the market would improve in the new year – a lot of other homeowners decided to press pause, too.But now, with spring fast approaching, it’s time to...

Do You Know How Much Your Home Is Worth?

Written by Palm Harbor FL Mortgage Syndicated User on March 1, 2025. Posted in For Sellers, Home Prices, Palm Harbor FL Mortgage, Palm Harbor Mortgage.

Over the past few years, you’ve probably seen a whole lot of headlines about how home prices keep going up. But have you ever stopped to think about what that actually means for your home?Home prices have risen dramatically over the past five years — far more than usual. And if selling has been on your mind, this could mean a bigger-than-expected payday when you list. So, how much has your home’s value really changed? Let’s break it down.The Rapid Rise of the Past 5 YearsTypically, home prices go up by about 2-5% a year. But in 2021-2022, there were double-digit increases. And at the...

Should I Update My House Before I Sell It?

Written by Palm Harbor FL Mortgage Syndicated User on March 1, 2025. Posted in For Sellers, Infographics, Palm Harbor FL Mortgage, Palm Harbor Mortgage, Selling Tips.

Some HighlightsWith more homes for sale and buyers being more selective, it’s smart to make strategic updates.? But how do you decide what’s worth doing? ?You lean on an agent.An agent will be able to tell you what buyers want, quick wins that’ll have a big impact, and what projects have the best ROI.What projects are on your to-do list before selling? With only a month left before spring, connect with a local agent so you know what’s worth the time and effort.

Category: For Sellers