Today’s Tale of Two Housing Markets

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

Depending on where you live, the housing market could feel red-hot or strangely quiet right now. The truth is, local markets are starting to move in different directions. In some places, buyers are calling the shots. In others, sellers still hold the power. It’s a tale of two markets.What’s a Buyer’s Market vs. a Seller’s Market?In a buyer’s market, there are more homes for sale and not as many buyers. That means homes sit longer, buyers have more negotiating power, and prices tend to soften as a result. It’s simple supply and demand.On the flip side, a seller’s market happens when there...

Housing Market Forecasts for the Rest of 2025

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

If you’ve been watching the market, you’ve likely noticed a few changes already this year. But what’s next? From home prices to mortgage rates, here’s what the latest expert forecasts suggest for the rest of 2025 – and what these shifts could mean for you.Will Home Prices Fall?Many buyers are hoping home prices will come down soon. And recent headlines about prices dipping in some areas are making some people believe it’s just a matter of time before there’s a bigger drop. But here are the facts.While home price growth is slowing down, that doesn’t mean we’re headed for a crash. As...

The U.S. Foreclosure Map You Need To See

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

Foreclosure headlines are making noise again – and they’re designed to stir up fear to get you to read them. But what the data shows is actually happening in the market tells a very different story than what you might be led to believe. So, before you jump to conclusions, it’s important to look at the full picture.Yes, foreclosure starts are up 7% in the first six months of the year. But zooming out shows that’s nowhere near crisis levels. Here’s why.Filings Are Still Far Below Crash LevelsEven with the recent uptick, overall foreclosure filings are still very low. In the first half of...

The Latest Mortgage Rate Forecasts

Written by Palm Harbor FL Mortgage Syndicated User on August 1, 2025. Posted in For Buyers, For Sellers, Forecasts, Infographics, Mortgage Rates, Palm Harbor FL Mortgage, Palm Harbor Mortgage.

Some HighlightsIf you’re tempted to delay your move in hope that mortgage rates will come down, you may want to rethink that strategy based on the latest forecast.Experts say mortgage rates are projected to stay in the 6s this year. So don’t expect a big drop.If you want to talk about what this means for your move, connect with a real estate agent. As forecasts change, having an expert who can keep you updated is essential.

Don’t Make These Mistakes When Selling Your House

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

Are you thinking about selling your house? Some common mistakes today can make the process more stressful or even cost you money.Fortunately, they’re easy to avoid, as long as you know what to watch for. Let’s break down the biggest seller slip-ups, and how an agent helps you steer clear of them.1. Overpricing Your HouseIt’s completely natural to want top dollar for your house, especially if you’ve put a lot of work into it. But in today’s shifting market, pricing it too high can backfire. Investopedia explains:“Setting a list price too high could mean your home struggles to attract buyers...

Why a Newly Built Home Might Be the Move Right Now

Written by Palm Harbor FL Mortgage Syndicated User on August 1, 2025. Posted in Affordability, Buying Tips, First-Time Buyers, For Buyers, Home Prices, Inventory, Mortgage Rates, Move-Up, New Construction, Palm Harbor FL Mortgage, Palm Harbor Mortgage, Rent vs. Buy.

Are you looking for better home prices, or even a lower mortgage rate? You might find both in one place: a newly built home. While many buyers are overlooking new construction, it could be your best opportunity in today’s market. Here’s why.There are more brand-new homes available right now than there were even just a few months ago. According to the most recent data from the Census and the National Association of Realtors (NAR), roughly 1 in 5 homes for sale right now is new construction. So, if you’re not looking at newly built homes, you’re missing out on a big portion of what’s...

Mortgage Rates Are Stabilizing – How That Helps Today’s Buyers

Written by Palm Harbor FL Mortgage Syndicated User on August 1, 2025. Posted in First-Time Buyers, For Buyers, For Sellers, Mortgage Rates, Palm Harbor FL Mortgage, Palm Harbor Mortgage.

Over the past few years, affordability has been the biggest challenge for homebuyers. Between rapidly rising home prices and higher mortgage rates, many have felt stuck between a rock and a hard place.But, something pretty encouraging is happening. While affordability is still tight, mortgage rates have shown signs of stabilizing in recent months. And that may finally make it a bit easier to plan your move.Mortgage Rates Have Stabilized – For NowOver the past year, mortgage rates have had their share of ups and downs, making it tough for buyers to know what to expect. But recently, rates...

Top 5 Reasons To Hire a Real Estate Agent When You Sell

Written by Palm Harbor FL Mortgage Syndicated User on July 1, 2025. Posted in Infographics, Palm Harbor FL Mortgage, Palm Harbor Mortgage.

Some HighlightsThe right agent doesn’t just list your house – they help you sell smarter, faster, and with fewer surprises.With an agent’s help, you’ll know what’s happening in your local market and how to price your house right. You’ll feel confident filling out complex legal documents and at the negotiation table. And that’s priceless.Connect with an agent so you have that expertise on your side.?

Multi-Generational Homebuying Hit a Record High – Here’s Why

Written by Palm Harbor FL Mortgage Syndicated User on July 1, 2025. Posted in Affordability, Buying Tips, First-Time Buyers, For Buyers, Palm Harbor FL Mortgage, Palm Harbor Mortgage.

Multi-generational living is on the rise. According to the National Association of Realtors (NAR), 17% of homebuyers purchase a home to share with parents, adult children, or extended family. That’s the highest share ever recorded by NAR (see graph below):And what’s behind the increase? Affordability. NAR explains:“In 2024, a notable 36% of homebuyers cited “cost savings” as the primary reason for purchasing a multigenerational home—a significant increase from just 15% in 2015.”In the past, caregiving was the leading motivator – especially for those looking to support aging parents. And...

What Every Homeowner Needs To Know In Today’s Shifting Market

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

Here’s something you need to know. The housing market is getting back to a healthier, more normal place. And even though it may not sound like it, this shift is actually a good thing.It’s what you should expect. It’s just that our expectations have been skewed by the intense seller’s market over the past few years.But what you need to remember is: there’s still plenty of opportunity to be had if you’re thinking about selling – whether that’s next month or next year. You just need to stay up to date on what’s happening in the market, and have a strategy that matches the moment. Here’s...

Tag: #palmharbormortgage