Tag: #palmharbormortgage

Housing Challenge or Housing Opportunity? It Depends.

Written by Palm Harbor FL Mortgage Syndicated User on November 1, 2021. Posted in For Sellers, Housing Market Updates, Interest Rates, Move-Up Buyers, Palm Harbor FL Mortgage, Palm Harbor Mortgage, Pricing.

The biggest challenge in real estate today is the lack of available homes for sale. The low housing supply has caused homes throughout the country to appreciate at a much faster rate than what we’ve experienced historically. There are many reasons for the limited number of homes on the market, but as you can see in the graph below, we’re well below where we’ve been for most of the past 10 years. Today, across the country, there is only a 2.4-month supply of homes available for sale. The Opportunity This lack of homes for sale is creating a challenge for many buyers who are growing...

Important Distinction: Homes Are Less Affordable, Not Unaffordable

Written by Palm Harbor FL Mortgage Syndicated User on November 1, 2021. Posted in Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Palm Harbor FL Mortgage, Palm Harbor Mortgage.

It’s impossible to research the subject of buying a home without coming across a headline declaring that the fall in home affordability is a crisis. However, when we add context to the most recent affordability statistics, we soon realize that, though homes are less affordable than they have been over the last few years, they are more affordable than they historically have been. Black Knight, a premier provider of data and analytics for the mortgage industry, just released their latest Monthly Mortgage Monitor which includes a new analysis of the affordability situation. Here’s what the...

Your Home Equity Is Growing [INFOGRAPHIC]

Written by Palm Harbor FL Mortgage Syndicated User on November 1, 2021. Posted in For Sellers, Housing Market Updates, Infographics, Move-Up Buyers, Palm Harbor FL Mortgage, Palm Harbor Mortgage.

Some Highlights If you’re a homeowner, today’s rising equity is great news. On average, homeowners have gained $51,500 in equity since this time last year. Whether it’s funding an education, fueling your next move, or starting a business, your home equity is a great tool you can use to power your dreams. Ready to sell? Let’s connect to talk about how you can take advantage of your rising equity to reach your goals. Content previously posted on Keeping Current Matters

Knowledge Is Power When It Comes to Appraisals and Inspections

Written by Palm Harbor FL Mortgage Syndicated User on November 1, 2021. Posted in Buying Myths, First Time Home Buyers, For Buyers, Move-Up Buyers, Palm Harbor FL Mortgage, Palm Harbor Mortgage.

Buyers in today’s market often have questions about the importance of getting a home appraisal and an inspection. That’s because high buyer demand and low housing supply are driving intense competition and leading some buyers to consider waiving those contingencies to stand out in the crowded market. But is that the best move? Buying a home is one of the most important transactions in your lifetime, and it’s critical to keep your best interests in mind. Here’s a breakdown of what to expect from the appraisal and the inspection, and why each one can potentially save you a lot of time,...

Looking To Move? It Could Be Time To Build Your Dream Home.

Written by Palm Harbor FL Mortgage Syndicated User on November 1, 2021. Posted in For Buyers, For Sellers, Move-Up Buyers, New Construction, Palm Harbor FL Mortgage, Palm Harbor Mortgage.

While today’s supply of homes for sale is still low, the number of newly built homes is increasing. If you’re ready to sell but have held off because you weren’t sure you’d be able to find a home to move into, newly built homes and those under construction can provide the options you’ve been waiting for. The latest Census data shows the inventory of new homes is increasing this year (see graph below):With more new homes coming to the market, this means you’ll have more options to choose from if you’re ready to buy. Of course, if you do consider a newly built home, you’ll want to keep...

How Supply and Demand Can Tip the Pricing Scales in Todays Market

Written by Palm Harbor FL Mortgage Syndicated User on October 22, 2021. Posted in Palm Harbor FL Mortgage, Palm Harbor Mortgage.

How Supply and Demand Can Tip the Pricing Scales in Today’s Market | In today’s housing market, an imbalance between supply and demand is driving up home prices. Let’s connect to discuss how you can tip the scales in your favor as a homebuyer. NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany

Fall in Love with Homeownership

Written by Palm Harbor FL Mortgage Syndicated User on October 14, 2021. Posted in Palm Harbor FL Mortgage, Palm Harbor Mortgage.

Fall in Love with Homeownership | There are many reasons to fall in love with homeownership right now. Let’s connect to find the home of your dreams. NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany

Do You Know Your Mortgage Rate?

Written by Palm Harbor FL Mortgage Syndicated User on October 2, 2021. Posted in Palm Harbor FL Mortgage, Palm Harbor Mortgage.

Do You Know Your Mortgage Rate? | Current mortgage rates are still below the historical norm. Let’s connect to explore your options. NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany

Reasons Renters Buy [INFOGRAPHIC]

Written by Palm Harbor FL Mortgage Syndicated User on October 1, 2021. Posted in First Time Home Buyers, For Buyers, Infographics, Palm Harbor FL Mortgage, Palm Harbor Mortgage, Rent vs. Buy.

Some Highlights When deciding whether you should rent or buy, make sure you’re considering these factors. Buying a home means consistent monthly payments. Homeownership also helps to build your wealth. And owning a home gives you greater flexibility than renting. If you’re ready to take advantage of the perks of homeownership, let’s connect to explore your options. Content previously posted on Keeping Current Matters

If You’re a Buyer, Is Offering Asking Price Enough?

Written by Palm Harbor FL Mortgage Syndicated User on October 1, 2021. Posted in Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, Palm Harbor FL Mortgage, Palm Harbor Mortgage.

In today’s real estate market, buyers shouldn’t shop for a home with the expectation they’ll be able to negotiate a lower sales price. In a typical housing market, buyers try to determine how much less than the asking price they can offer and still get the home. From there, the buyer and seller typically negotiate and agree on a revised price somewhere in the middle. Things Are Different Today Today’s housing market is anything but normal. According to the National Association of Realtors (NAR), homes today are: Receiving an average of 3.8 offers Selling in just 17 days Homes selling...