Florida Mortgage | No Matter What the Groundhog Says You Should Sell Before the Spring!

Written by Port St. Lucie Mortgage Syndicated User on April 15, 2022. Posted in Port St Lucie Mortgage, Port St. Lucie Condo Financing, Port StLucie Mortgage Rates.

Florida Mortgage Experts | No Matter What the Groundhog Says, You Should Sell Before the Spring! Buyers are looking for homes right now, and with today’s record-low inventory, the chance of your house getting noticed is high. Let’s connect today so you get all the benefits that come with listing your house before spring. NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany

Florida Mortgage | Why Pre Approval Is Key This Year

Written by Port St. Lucie Mortgage Syndicated User on April 15, 2022. Posted in Port St Lucie Mortgage, Port St. Lucie Condo Financing, Port StLucie Mortgage Rates.

Florida Mortgage | Why Pre Approval Is Key This Year Pre-approval gives you a competitive edge when you make an offer on a house. Let’s connect so you’re in the best position when you find your dream home. NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany

The Future of Home Price Appreciation and What It Means for You

Written by Port St. Lucie Mortgage Syndicated User on April 15, 2022. Posted in First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, Port St Lucie Mortgage, Port St. Lucie Condo Financing, Port StLucie Mortgage Rates, Pricing.

Many consumers are wondering what will happen with home values over the next few years. Some are concerned that the recent run-up in home prices will lead to a situation similar to the housing crash 15 years ago. However, experts say the market is totally different today. For example, Odeta Kushi, Deputy Chief Economist at First American, tweeted just last week on this issue: “. . . We do need price appreciation to slow today (it’s not sustainable over the long run) but high price growth today is supported by fundamentals- short supply, lower rates & demographic demand. And we are in a...

Do You Know How Much Equity You Have in Your Home? [INFOGRAPHIC]

Written by Port St. Lucie Mortgage Syndicated User on April 15, 2022. Posted in For Sellers, Housing Market Updates, Infographics, Move-Up Buyers, Port St Lucie Mortgage, Port St. Lucie Condo Financing, Port StLucie Mortgage Rates.

Some Highlights If you’re a homeowner, your net worth has gotten a big boost. That’s because recent home price appreciation has increased your equity. Your equity grows as you pay down your loan and as your home increases in value. Over the past year, the average homeowner’s equity grew by $55,300. Ready to sell? Let’s connect to talk about how you can use that equity to fuel your next move. Content previously posted on Keeping Current Matters

Using Your Tax Refund To Achieve Your Homeownership Goals This Year

Written by Port St. Lucie Mortgage Syndicated User on April 15, 2022. Posted in First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers, Port St Lucie Mortgage, Port St. Lucie Condo Financing, Port StLucie Mortgage Rates.

If you’re buying or selling a home this year, you’re likely saving up for a variety of expenses. For buyers, that might include things like your down payment and closing costs. And for sellers, you’re probably working on a bit of spring cleaning and maintenance to spruce up your house before you list it. Either way, any money you get back from your taxes can help you achieve your goals. Using a tax refund is a common tactic for buyers and sellers. SmartAsset estimates the average American will receive a $2,897 tax refund this year. The map below provides a more detailed estimate by state: If...

Why a Real Estate Professional Is Key When Selling Your House

Written by Port St. Lucie Mortgage Syndicated User on April 15, 2022. Posted in For Sellers, FSBOs, Port St Lucie Mortgage, Port St. Lucie Condo Financing, Port StLucie Mortgage Rates, Pricing, Selling Myths.

With today’s real estate market moving as fast as it is, working with a real estate professional is more essential than ever. They have the skills, experience, and expertise it takes to navigate the highly detailed and involved process of selling a home. That may be why the percentage of people who list their houses on their own, known as a FSBO or For Sale By Owner, has reached its lowest point since 1985 (see graph below): Here are five reasons why selling with a real estate professional makes more sense, even in today’s hot market: 1. They Know What Buyers Want To See Before you decide...

Where Are Mortgage Rates Headed?

Written by Port St. Lucie Mortgage Syndicated User on April 15, 2022. Posted in For Buyers, Housing Market Updates, Interest Rates, Port St Lucie Mortgage, Port St. Lucie Condo Financing, Port StLucie Mortgage Rates.

There’s never been a truer statement regarding forecasting mortgage rates than the one offered last year by Mark Fleming, Chief Economist at First American: “You know, the fallacy of economic forecasting is: Don’t ever try and forecast interest rates and or, more specifically, if you’re a real estate economist mortgage rates, because you will always invariably be wrong.” Coming into this year, most experts projected mortgage rates would gradually increase and end 2022 in the high three-percent range. It’s only April, and rates have already blown past those numbers. Freddie Mac announced last...

On the Fence of Whether or Not To Move This Spring? Consider This.

Written by Port St. Lucie Mortgage Syndicated User on April 15, 2022. Posted in For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers, Port St Lucie Mortgage, Port St. Lucie Condo Financing, Port StLucie Mortgage Rates.

If you’re thinking of selling your house, it may be because you’ve heard prices are rising, listings are going fast, and sellers are getting multiple offers on their homes. But why are conditions so good for sellers today? And what can you expect when you move? To help answer both of those questions, let’s turn to the data. Today, there are far more buyers looking for homes than sellers listing their houses. Here are the maps of the latest buyer and seller traffic from the National Association of Realtors (NAR) to help paint the picture of what this looks like: Notice how much darker the blues...

What Is Multigenerational Housing? [INFOGRAPHIC]

Written by Port St. Lucie Mortgage Syndicated User on April 15, 2022. Posted in Baby Boomers, Buying Myths, Demographics, First Time Home Buyers, For Buyers, Gen Z, Generation X, Infographics, Millennials, Move-Up Buyers, Port St Lucie Mortgage, Port St. Lucie Condo Financing, Port StLucie Mortgage Rates, Senior Market.

Some Highlights If you have additional loved ones coming to live with you but don’t have enough space, it may be time to consider a larger, multigenerational home. Some key benefits of multigenerational living include a combined homebuying budget, shared caregiving duties, enhanced relationships, and more. These benefits might be why more people are choosing to live in multigenerational homes today. Let’s connect so you can find a house that meets your changing needs and has plenty of space for you and your loved ones. Content previously posted on Keeping Current Matters

Remote Work Trends Mean Flexibility for First-Time Homebuyers

Written by Port St. Lucie Mortgage Syndicated User on April 15, 2022. Posted in First Time Home Buyers, For Buyers, Port St Lucie Mortgage, Port St. Lucie Condo Financing, Port StLucie Mortgage Rates.

Today’s low inventory can be challenging for homebuyers, especially if you’re looking to purchase your first home. But if you’re one of many people who work remotely, you may have a great opportunity to use the flexibility you have at work to achieve your homebuying goals this year. In a recent report, Arch Capital Services explains how the ongoing trend of remote work can open up more options for homebuyers: “. . . This will enable those who are able to work from home on a part-time or hybrid basis to move slightly farther away from job centers. . . . For workers who secure full-time remote...

Category: Port StLucie Mortgage Rates