Some Highlights
Knowing key housing terms and how they relate to today’s market is important. For example, when mortgage rates and home prices rise, it impacts how much home you can afford.
Terms like appraisal (what lenders rely on to validate a home’s value) and the inspection contingency (which gives buyers essential information on a home’s condition) directly impact the transaction.
Buying a home can be intimidating if you’re not familiar with the terms used throughout the process. Let’s connect so you have an expert guide and advice for any questions that may come up.
Content previously...
Florida Mortgage | Is This Your Year To Break Up with Renting?
If you aren’t in love with renting, you’re not alone. Let’s connect so you can break up with your rental and start your journey toward homeownership. NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany
Florida Mortgage | 4 Reasons To Sell Your House This Holiday Season | There are clear benefits to selling your house sooner than later. Let’s connect to talk about ways to sell your house this holiday season. NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany
Florida Mortgage | Why Acting Strategically as a Seller Is Your Best Play
Are you thinking of selling your house? Let’s connect so you can perfect your strategy and make a winning play this year. NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany
Florida Mortgage | Thinking of Buying or Selling a Home | The latest information is available to help you confidently decide whether to buy or sell a home this winter. Let’s connect so you can get the latest digital copies. NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany https://fidelit.ly/homebuyersguide
Some Highlights
Today’s housing market is the direct result of low supply and high buyer demand. Here’s what that means for you and your plans to buy or sell.
For buyers, expect competition, be ready to move fast, and be prepared to submit your strongest offer. For sellers, know your house will be the center of attention and that it’ll likely sell quickly and get multiple offers.
If you’re ready to move, let’s connect to talk about our local area and how you can take advantage of today’s unprecedented housing market.
Content previously posted on Keeping Current Matters
Florida Mortgage | Expert Insights on the 2022 Housing Market | Wondering what’s coming in the year ahead? Here’s a look at what experts expect from the housing market in 2022. NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany
When you make a move, you want to sell your house for the highest price possible. That might be why many homeowners are eager to list in today’s sellers’ market. After all, with record-low inventory and high buyer demand, many homes are selling for more than asking price. Data from the National Association of Realtors (NAR) shows 46% of homes are selling above list price today.
But even in a market like we have now, working with an agent to set the right asking price is critical, as pricing it too high or too low could have a negative impact on your final sale. Here’s why.
Pricing Your House...
Florida Mortgage | Your House Could Be the Gift That Keeps Giving This Holiday Season. Many buyers are searching for a home right now, but there aren’t enough for sale. Let’s connect to start the process of selling your home this winter. NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany
If you’re thinking about buying or selling a home, you’ll want to keep a pulse on what’s happening with mortgage rates. Rates have been climbing in recent months, especially since January of this year. And just a few weeks ago, the 30-year fixed mortgage rate from Freddie Mac approached 4% for the first time since May of 2019. But that climb has dropped slightly over the past few weeks (see graph below):
The recent decline in mortgage rates is primarily due to growing uncertainty around geopolitical tensions surrounding Russia and Ukraine. But experts say it’s to be expected.
Here’s a look...