What Are the Best Options for Today’s First-Time Homebuyers?

Written by Delray Beach Mortgage Syndicated User on June 9, 2022. Posted in Delray Beach Condo Financing, Delray Beach Mortgage, First Time Home Buyers, For Buyers.

If you’re looking to buy your first home, you’re likely balancing several factors. Because both mortgage rates and home prices have risen this year, it costs more to buy a home than it did even just a few months ago. But that doesn’t mean you have to put your plans on hold. If you partner with a trusted real estate advisor and hone your strategy, you can navigate today’s market and find the home you’re looking for. Here are two tips to help you get started. Work with a Professional To Prioritize Your Wish List If you’re having trouble finding a home in your budget that checks all the boxes,...

Why the Growing Number of Homes for Sale Is Good for Your Move Up

Written by Delray Beach Mortgage Syndicated User on June 8, 2022. Posted in Delray Beach Condo Financing, Delray Beach Mortgage, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers.

Are you thinking about selling your current home? If so, the biggest question on your mind may be: if I sell now, where will I go? If this resonates with you, there’s something you should know. The number of homes coming onto the market is increasing and that could make it easier for you to move up this summer. According to the latest data from realtor.com, the number of homes being listed for sale, known as new listings, has increased consistently this year (see graph below): While this news has clear benefits for buyers who are craving more options for their home search, what does that mean...

Why You Need an Expert To Determine the Right Price for Your House

Written by Delray Beach Mortgage Syndicated User on June 7, 2022. Posted in Delray Beach Condo Financing, Delray Beach Mortgage, For Sellers, Pricing, Selling Myths.

If your lifestyle has changed recently and you’re ready to make a move, taking advantage of today’s sellers’ market might be just the answer for your summer plans. With homes continuing to get multiple offers, this could be your moment to get the contract you’re looking for on your house if you’re ready to sell. And here’s the thing – you need an expert on your side to ensure you make all the right moves when you do, especially when it comes to pricing your house. Even in this competitive market, you can’t stick just any price tag on your home and get the deal you want. A key piece of the puzzle...

Florida Mortgage | Why higher rates shouldn’t dissuade buyers

Written by Delray Beach Mortgage Syndicated User on June 4, 2022. Posted in Delray Beach Condo Financing, Delray Beach Mortgage.

Florida Mortgage | Why higher rates shouldn’t dissuade buyers NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany

History Proves Recession Doesn’t Equal a Housing Crisis [INFOGRAPHIC]

Written by Delray Beach Mortgage Syndicated User on June 4, 2022. Posted in Delray Beach Condo Financing, Delray Beach Mortgage, For Buyers, For Sellers, Housing Market Updates, Infographics, Pricing.

Some Highlights It’s important to understand history proves an economic slowdown does not equal a housing crisis. In 4 of the last 6 recessions, home prices actually appreciated. Home prices only fell twice – minimally in the early 90s and then by nearly 20% during the housing crash in 2008. If you have questions, let’s connect to discuss why today’s housing market is nothing like 2008. Content previously posted on Keeping Current Matters

How Homeownership Impacts You

Written by Delray Beach Mortgage Syndicated User on June 3, 2022. Posted in Delray Beach Condo Financing, Delray Beach Mortgage, First Time Home Buyers, For Buyers, Move-Up Buyers, Rent vs. Buy.

June is National Homeownership Month, and it’s the perfect time to reflect on how impactful owning a home can truly be. When you purchase a house, it becomes more than just a space you occupy. It’s your stake in the community, an investment, and a place you can put your stamp on. If you’re thinking about buying a home this year, here are some of the benefits you’ll experience when you do. The Emotional Benefits of Homeownership Because it’s a place that’s uniquely yours, owning a home can give you a sense of pride and happiness in several ways. Your Home Can Reflect Your Tastes and Personality Investopedia...

Florida Mortgage | Understanding Housing Inventory And What It Means For People

Written by Delray Beach Mortgage Syndicated User on June 3, 2022. Posted in Delray Beach Condo Financing, Delray Beach Mortgage.

Florida Mortgage | Understanding Housing Inventory And What It Means For People NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany

Why Home Loans Today Aren’t What They Were in the Past

Written by Delray Beach Mortgage Syndicated User on June 2, 2022. Posted in Delray Beach Condo Financing, Delray Beach Mortgage, For Buyers, For Sellers, Housing Market Updates.

In today’s housing market, many are beginning to wonder if we’re returning to the riskier lending habits and borrowing options that led to the housing crash 15 years ago. Let’s ease those concerns. Several times a year, the Mortgage Bankers Association (MBA) releases an index titled the Mortgage Credit Availability Index (MCAI). According to their website: “The MCAI provides the only standardized quantitative index that is solely focused on mortgage credit. The MCAI is . . . a summary measure which indicates the availability of mortgage credit at a point in time.” Basically, the index determines...

Florida Mortgage | Florida Market Update April 2022

Written by Delray Beach Mortgage Syndicated User on June 2, 2022. Posted in Delray Beach Condo Financing, Delray Beach Mortgage.

Florida Mortgage | Florida Market Update April 2022 NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany #floridarealestatemarketupdate

What Does the Rest of the Year Hold for the Housing Market?

Written by Delray Beach Mortgage Syndicated User on June 1, 2022. Posted in Delray Beach Condo Financing, Delray Beach Mortgage, First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Interest Rates, Move-Up Buyers.

If you’re thinking of buying or selling a house, you’re at an exciting decision point. And anytime you make a big decision like that, one thing you should always consider is timing. So, what does the rest of the year hold for the housing market? Here’s what experts have to say. The Number of Homes Available for Sale Is Likely To Grow There are early signs housing inventory is starting to grow and experts say that should continue in the months ahead. According to Danielle Hale, Chief Economist at realtor.com: “The gap between this year’s homes for sale and last year’s is one-fifth the size...

Category: Delray Beach Mortgage