What’s Ahead for Home Prices in 2023

Written by Palm Harbor FL Mortgage Syndicated User on April 1, 2023. Posted in First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, Palm Harbor FL Mortgage, Palm Harbor Mortgage, Rent vs. Buy.

Over the past year, home prices have been a widely debated topic. Some have said we’ll see a massive drop in prices and that this could be a repeat of 2008 – which hasn’t happened. Others have forecasted a real estate market that could see slight appreciation or depreciation depending on the area of the country. And as we get closer to the spring real estate market, experts are continuing to forecast what they believe will happen with home prices this year and beyond.Selma Hepp, Chief Economist at CoreLogic, says:“While 2023 kicked off on a more optimistic note for the U.S. housing market, recent...

The Role of Access in Selling Your House

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

Once you’ve made the decision to sell your house and have hired a real estate agent to help, they’ll ask how much access to your home you want to give potential buyers. Your answer matters more now than it did in recent years. Here’s why.At the height of the buying frenzy seen during the pandemic, there was a rise in the number of homebuyers who put offers on houses sight unseen. That happened for three reasons:Extremely low housing inventoryA lot of competition from other buyers wanting to take advantage of historically low mortgage ratesAnd general wariness of in-person home tours during a...

Florida Mortgage | How Much Money Do You Need to Start Investing in Real Estate?

Written by Palm Harbor FL Mortgage Syndicated User on March 7, 2023. Posted in Palm Harbor FL Mortgage, Palm Harbor Mortgage.

Florida Mortgage | How Much Money Do You Need to Start Investing in Real Estate? NMLS ID 1834853 #floridarealestate #floridarealestateinvestment #floridainvestmentproperty

One Major Benefit of Investing in a Home

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

One of the many reasons to buy a home is that it’s a major way to build wealth and gain financial stability. According to Freddie Mac:

What You Should Know About Rising Mortgage Rates

Written by Palm Harbor FL Mortgage Syndicated User on March 1, 2023. Posted in First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers, Palm Harbor FL Mortgage, Palm Harbor Mortgage.

After steadily falling over the winter, mortgage rates have started to rise in recent weeks. This is concerning to some potential homebuyers as the combination of higher mortgage rates and higher prices have made homes less affordable. So, if you’re planning to purchase a home this year, you too may be wondering if now’s the right time to buy or if you should hold off on your search until rates come back down.

How To Make Your Dream of Homeownership a Reality

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

According to a recent Harris Poll survey, 8 in 10 Americans say buying a home is a priority, and 28 million Americans actually plan to buy within the next 12 months. Homeownership provides many financial and nonfinancial benefits, so that interest is understandable.

Checklist for Selling Your House This Spring [INFOGRAPHIC]

Written by Palm Harbor FL Mortgage Syndicated User on March 1, 2023. Posted in For Sellers, Infographics, Palm Harbor FL Mortgage, Palm Harbor Mortgage.

The Two Big Issues the Housing Market’s Facing Right Now

Written by Palm Harbor FL Mortgage Syndicated User on March 1, 2023. Posted in For Buyers, For Sellers, Housing Market Updates, Interest Rates, Palm Harbor FL Mortgage, Palm Harbor Mortgage.

The biggest challenge the housing market’s facing is how few homes there are for sale. Mark Fleming, Chief Economist at First American, explains the root causes of today’s low supply:

A Smaller Home Could Be Your Best Option

Written by Palm Harbor FL Mortgage Syndicated User on March 1, 2023. Posted in Baby Boomers, Demographics, For Buyers, For Sellers, Palm Harbor FL Mortgage, Palm Harbor Mortgage.

Many people are reaching the point in their lives when they need to decide where they want to live when they retire. If you’re a homeowner approaching this stage, you have several options to explore. Jessica Lautz, Deputy Chief Economist and Vice President of Research at the National Association of Realtors (NAR), says:

Spring into Action: Boost Your Home’s Curb Appeal with Expert Guidance

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

To sell your home this spring, it may need more preparation than it would have a year or two ago. Today’s housing market has a different feel. There are more homes for sale than there were at this time last year, but inventory is still historically low. So, if a house has been sitting on the market for a while, that’s a sign it may not be hitting the mark for potential buyers. But here’s the thing. Right now, homes that are updated and priced at market value are still selling fast.

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