3 Reasons To Sell Your House Before the New Year [INFOGRAPHIC]

Written by Palm Harbor FL Mortgage Syndicated User on December 1, 2023. Posted in For Sellers, Housing Market Updates, Infographics, Palm Harbor FL Mortgage, Palm Harbor Mortgage, Selling Myths.

Some HighlightsHere are a few reasons you may not want to hold off until the new year to sell your house. Buyers looking right now are highly motivated, the supply of homes for sale is still low, and you may find buyers are more flexible with showings this time of year.Reach out to a real estate agent to determine if selling your house now is the right move for you.

Why Homeowners Feel Thankful for Their Homes [INFOGRAPHIC]

Written by Palm Harbor FL Mortgage Syndicated User on December 1, 2023. Posted in First Time Home Buyers, For Buyers, Infographics, Palm Harbor FL Mortgage, Palm Harbor Mortgage.

Some HighlightsHere are three reasons why homeowners feel thankful for their homes. First, it’s a safe place that can give you a greater sense of comfort, safety, and security.Second, it gives you freedom of expression. From the color of the paint to the art on the walls, you can express your style and your personality.Third, it provides a sense of community. Owning your home helps you build lasting friendships with neighbors and connects you to your community. If you’re thinking of buying a home and want to hear more about the potential benefits, talk with a local real estate agent.

2024 Housing Market Forecast [INFOGRAPHIC]

Written by Palm Harbor FL Mortgage Syndicated User on December 1, 2023. Posted in For Buyers, For Sellers, Housing Market Updates, Infographics, Palm Harbor FL Mortgage, Palm Harbor Mortgage, Pricing.

Some HighlightsThinking of buying or selling a house and wondering what the new year holds for the housing market? Experts forecast home prices to end this year up 2.8% and to rise another 1.5% in 2024. And climbing prices help make homeownership a good investment.Plus, home sales are projected to increase in 2024. That’s good news because it means experts are forecasting more activity as people continue to move.If you’re planning to buy or sell, it’s helpful to know what experts project for the housing market. Connect with a local real estate agent to talk about the latest forecasts and...

Unmasking Scary Myths about Today’s Housing Market [INFOGRAPHIC]

Written by Palm Harbor FL Mortgage Syndicated User on November 1, 2023. Posted in Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Infographics, Move-Up Buyers, Palm Harbor FL Mortgage, Palm Harbor Mortgage.

Some HighlightsHere’s what you really need to know about a few myths causing fear in today’s housing market.Despite common misconceptions, many people can buy a home even if they have student loans, home prices are rising nationally (not falling), and you usually don’t have to have 20% for a down payment.If you have other fears or reservations about buying a home today, get in touch with a real estate expert who can help clear those up.

Home Price Growth Is Returning to Normal [INFOGRAPHIC]

Written by Palm Harbor FL Mortgage Syndicated User on November 1, 2023. Posted in Housing Market Updates, Infographics, Palm Harbor FL Mortgage, Palm Harbor Mortgage, Pricing.

Some HighlightsIf you’re wondering what’s happening with home prices, know they’re still rising, just at a slower pace – and that’s perfectly normal for this time of year. Based on typical seasonality in the market, prices go up most in the spring during the peak buying season, and then price growth slows down as the year goes on.Home prices aren’t falling. They’re just rising slower and going back to normal seasonal trends. That’s a good thing. If you’re curious about prices in your area, reach out to a real estate agent for answers.

Explaining Today’s Low Housing Supply [INFOGRAPHIC]

Written by Palm Harbor FL Mortgage Syndicated User on October 1, 2023. Posted in Housing Market Updates, Infographics, New Construction, Palm Harbor FL Mortgage, Palm Harbor Mortgage.

Some HighlightsWondering why the supply of homes for sale is limited today? There are a few factors at play.Lack of building over time, the mortgage rate lock-in effect, and people staying in their houses longer are three of the main reasons why supply is low.But real estate agents know exactly where to look and what to do to make your dream a reality. Connect with an agent so you have an expert on your side to help you successfully navigate the market and find your next home.

How Remote Work Helps with Your House Hunt [INFOGRAPHIC]

Written by Palm Harbor FL Mortgage Syndicated User on October 1, 2023. Posted in Buying Myths, Demographics, First Time Home Buyers, For Buyers, Infographics, Move-Up Buyers, Palm Harbor FL Mortgage, Palm Harbor Mortgage.

Some HighlightsWhile remote work peaked during the pandemic, many people still work from home today.If you’re one of them, it could have an unexpected benefit when you’re looking to buy a home.If you can work from home, you might have more choices for where to live. Connect with a real estate agent to talk about your options and what’s most important to you.

Homeowners Have a Lot of Equity Right Now [INFOGRAPHIC]

Written by Palm Harbor FL Mortgage Syndicated User on September 1, 2023. Posted in For Sellers, Housing Market Updates, Infographics, Palm Harbor FL Mortgage, Palm Harbor Mortgage.

Some HighlightsYour equity grows as you pay down your home loan and as home prices increase. With home prices rising again, your equity is getting an extra boost.Almost half of homeowners are equity rich because they have at least 50% equity in their homes. If you’ve been in your home for a while, you might have gained a considerable amount of equity, too.Want to find out how much equity you have? Connect with a trusted real estate agent for a Professional Equity Assessment Report (PEAR).

Today’s Housing Market Has Only Half the Usual Inventory [INFOGRAPHIC]

Written by Palm Harbor FL Mortgage Syndicated User on September 1, 2023. Posted in For Sellers, Housing Market Updates, Infographics, Palm Harbor FL Mortgage, Palm Harbor Mortgage, Selling Myths.

Some HighlightsThere are only about half the number of homes for sale compared to the last normal years in the market. That means buyers don’t have enough options right now. So, if you work with an agent to list your house, it should be in the spotlight. If you’re thinking of selling, get in touch with a local real estate agent so your house can stand out while there’s such a shortage of supply and buyers are craving more options.

Don’t Expect a Wave of Foreclosures [INFOGRAPHIC]

Written by Palm Harbor FL Mortgage Syndicated User on September 1, 2023. Posted in Foreclosures, Infographics, Interest Rates, Palm Harbor FL Mortgage, Palm Harbor Mortgage.

Some HighlightsWith ongoing high inflation pushing up everyday costs, some people are worried that’ll create a flood of foreclosures. Here’s why that’s unlikely. Fewer people are seriously behind on mortgage payments right now. If foreclosures were going to rise a lot, more people would need to be late on their payments.Since most are paying on time, a wave isn’t coming. If you’re concerned about a flood of foreclosures, the data shows that’s not likely.

Category: Infographics