Why Buying a Home May Make More Sense Than Renting [INFOGRAPHIC]

Written by Palm Harbor FL Mortgage Syndicated User on October 1, 2022. Posted in First Time Home Buyers, For Buyers, Infographics, Palm Harbor FL Mortgage, Palm Harbor Mortgage, Rent vs. Buy.

Some Highlights If you’re trying to decide whether to rent or buy a home, consider the advantages homeownership offers. Buying a home can help you escape the cycle of rising rents, it’s a powerful wealth-building tool, and it’s typically considered a good hedge against inflation. If you’re ready to take advantage of the benefits of homeownership, let’s connect to explore your options. Content previously posted on Keeping Current Matters

The True Strength of Homeowners Today

Written by Palm Harbor FL Mortgage Syndicated User on October 1, 2022. Posted in For Buyers, For Sellers, Housing Market Updates, Palm Harbor FL Mortgage, Palm Harbor Mortgage.

The real estate market is on just about everyone’s mind these days. That’s because the unsustainable market of the past two years is behind us, and the difference is being felt. The question now is, just how financially strong are homeowners throughout the country? Mortgage debt grew beyond 10 trillion dollars over the past year, and many called that a troubling sign when it happened for the first time in history. Recently Odeta Kushi, Deputy Chief Economist at First American, answered that question when she said: “U.S. households own $41 trillion in owner-occupied real estate, just over $12...

How an Expert Can Help You Understand Inflation & Mortgage Rates

Written by Palm Harbor FL Mortgage Syndicated User on October 1, 2022. Posted in For Buyers, For Sellers, Housing Market Updates, Interest Rates, Palm Harbor FL Mortgage, Palm Harbor Mortgage.

If you’re following today’s housing market, you know two of the top issues consumers face are inflation and mortgage rates. Let’s take a look at each one. Inflation and the Housing Market This year, inflation reached a high not seen in forty years. For the average consumer, you probably felt the pinch at the gas pump and in the grocery store. It may have even impacted your ability to save money to buy a home. While the Federal Reserve is working hard to lower inflation, the August data shows the inflation rate was still higher than expected. This news impacted the stock market and fueled conversations...

Why You Should Consider Condos as Part of Your Home Search

Written by Palm Harbor FL Mortgage Syndicated User on October 1, 2022. Posted in First Time Home Buyers, For Buyers, Housing Market Updates, Palm Harbor FL Mortgage, Palm Harbor Mortgage.

The historically low inventory over the past few years led to challenges for many buyers trying to find a home that met their needs and their budget. If you’re in the same boat, you should know the recent shift in the housing market may have opened up doors for you to restart your search. The inventory of homes for sale has increased this year, and that’s giving buyers much needed options. As Danielle Hale, Chief Economist at realtor.com, says: “. . . today’s shoppers have more than 5 homes to consider for every 4 they had at this time a year ago.” But perspective is important. Overall, housing...

What Experts Say Will Happen with Home Prices Next Year

Written by Palm Harbor FL Mortgage Syndicated User on October 1, 2022. Posted in For Buyers, For Sellers, Housing Market Updates, Palm Harbor FL Mortgage, Palm Harbor Mortgage, Pricing.

Experts are starting to make their 2023 home price forecasts. As they do, most agree homes will continue to gain value, just at a slower pace. Over the past couple of years, home prices have risen at an unsustainable rate, leaving many to wonder how long it would last. If you’re asking yourself: what’s ahead for the price of my home, know that experts are now answering this question, and its welcome news for homeowners who may have been led by the media to believe their home would lose value. Historically, home prices have appreciated at a rate near 4%. For 2023, the average of six major forecasters...

Fall Home Selling Checklist [INFOGRAPHIC]

Written by Palm Harbor FL Mortgage Syndicated User on October 1, 2022. Posted in For Sellers, Infographics, Move-Up Buyers, Palm Harbor FL Mortgage, Palm Harbor Mortgage.

Some Highlights When it comes to selling your house, you want it to look its best inside and out so it catches the attention of buyers. A real estate professional can help you decide what to do to make that happen. Focus on tasks that can make it inviting, show it’s cared for, and boost your curb appeal. Let’s connect so you have advice on what you may want to do to get your house ready to sell this season. Content previously posted on Keeping Current Matters

Top Reasons Homeowners Are Selling Their Houses Right Now

Written by Palm Harbor FL Mortgage Syndicated User on October 1, 2022. Posted in For Sellers, Interest Rates, Move-Up Buyers, Palm Harbor FL Mortgage, Palm Harbor Mortgage.

Some people believe there’s a group of homeowners who may be reluctant to sell their houses because they don’t want to lose the historically low mortgage rate they have on their current home. You may even have the same hesitation if you’re thinking about selling your house. Data shows 51% of homeowners have a mortgage rate under 4% as of April this year. And while it’s true mortgage rates are higher than that right now, there are other non-financial factors to consider when it comes to making a move. In other words, your mortgage rate is important, but you may have other things going on in...

Florida Mortgage | US interest rates hit 14-yr high in inflation battle

Written by Palm Harbor FL Mortgage Syndicated User on September 23, 2022. Posted in Palm Harbor FL Mortgage, Palm Harbor Mortgage.

Florida Mortgage | US interest rates hit 14-yr high in inflation battle. NMLS ID 1834853 #mortgagerates #floridamortgagerates #floridamortgagecompany

Florida Mortgage | How Your Home Sale or Purchase Impacts the Economy

Written by Palm Harbor FL Mortgage Syndicated User on September 16, 2022. Posted in Palm Harbor FL Mortgage, Palm Harbor Mortgage.

Florida Mortgage | How Your Home Sale or Purchase Impacts the Economy. When you buy or sell a home, you’re making a difference in your community. Let’s connect if you’re ready to make a move and make an impact. NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany

Florida Mortgage | Here’s What Housing Experts Forecast for the Rest of 2022

Written by Palm Harbor FL Mortgage Syndicated User on September 9, 2022. Posted in Palm Harbor FL Mortgage, Palm Harbor Mortgage.

Florida Mortgage | Here’s What Housing Experts Forecast for the Rest of 2022 | Nationally, home prices are forecast to appreciate, just at a more moderate pace than last year. NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany

Category: Palm Harbor FL Mortgage