Supply and Demand in Today’s Market [INFOGRAPHIC]

Written by Delray Beach Mortgage Syndicated User on March 5, 2022. Posted in Delray Beach Condo Financing, Delray Beach Mortgage, For Buyers, For Sellers, Housing Market Updates, Infographics.

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

Are Home Prices Continuing To Rise?

Written by Delray Beach Mortgage Syndicated User on March 4, 2022. Posted in Delray Beach Condo Financing, Delray Beach Mortgage, First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers, Pricing.

Many analysts projected home price appreciation would slow dramatically in the fall of 2021 and then continue to soften throughout 2022. So far, that hasn’t happened. The major price indices are all revealing ongoing double-digit price appreciation. Here’s a look at their reports on year-over-year price appreciation for December: Federal Housing Finance Agency (FHFA): 17.6% S&P Case-Shiller: 18.8% CoreLogic: 18.5% To show that they’re not seeing signs of softening, here’s a graph that gives the progression of all three indices for each month of 2021. As the graph above reveals,...

Down Payment Assistance Programs Can Help You Achieve Homeownership

Written by Delray Beach Mortgage Syndicated User on March 3, 2022. Posted in Buying Myths, Delray Beach Condo Financing, Delray Beach Mortgage, Down Payments, First Time Home Buyers, For Buyers, Move-Up Buyers.

For many homebuyers, the thought of saving for a down payment can feel daunting, especially in today’s market. That’s why, when asked what they find most difficult in the homebuying process, some buyers say it’s one of the hardest steps on the path to homeownership. Data from the National Association of Realtors (NAR) shows: “For first-time home buyers, 29 percent said saving for a downpayment [sic] was the most difficult step in the process.” If you’re finding that your down payment is your biggest hurdle, the good news is there are many down payment assistance programs available that...

An Expert Advisor Will Give You the Best Advice in Today’s Market

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

Having an experienced guide coaching you through the process of buying or selling a home is important in a normal market – but today’s market is far from normal. As a result, an expert real estate advisor isn’t just good to have by your side, they’re essential. Today’s housing market is full of extremes. Experts project mortgage rates will continue to rise this year, and that’s driving significant demand for homes as buyers want to make their purchases before rates climb even higher. At the same time, an absence of sellers is leading to record-low housing inventory. This imbalance in...

Millennials: Do You Need a Home with More Space?

Written by Delray Beach Mortgage Syndicated User on March 1, 2022. Posted in Delray Beach Condo Financing, Delray Beach Mortgage, Demographics, Down Payments, For Buyers, For Sellers, Millennials, Move-Up Buyers.

If you’re a millennial, homebuying might be top of mind for you. Your generation is the largest group of homebuyers in the market today and has been since 2014, according to the National Association of Realtors (NAR). And while other millennials are looking to buy for the first time, you may be one of the many who are now discovering you’ve outgrown your home. If that’s the case, you’re not alone. The past two years brought about significant changes for many people, and today, homeowners are reevaluating what they truly need in a home. As a recent report from the Wall Street Journal...

The Difference Between Renting and Owning [INFOGRAPHIC]

Written by Delray Beach Mortgage Syndicated User on February 26, 2022. Posted in Delray Beach Condo Financing, Delray Beach Mortgage, First Time Home Buyers, For Buyers, Infographics, Move-Up Buyers, Rent vs. Buy.

Some Highlights If you’re deciding whether to rent or buy, consider the many financial benefits that come with owning a home. As a renter, you build your landlord’s wealth and face rising costs. As a homeowner, you build your own net worth and can lock in your monthly payments for the length of your loan. If you’re weighing your options, remember that owning a home is a decision that has considerable financial perks. If you want to learn more, let’s connect to talk about the perks of homeownership. Content previously posted on Keeping Current Matters

Florida Mortgage | Home Equity Is a Seed That Can Grow Your Wealth

Written by Delray Beach Mortgage Syndicated User on February 24, 2022. Posted in Delray Beach Condo Financing, Delray Beach Mortgage.

Florida Mortgage | Home Equity Is a Seed That Can Grow Your Wealth When you buy a home, you plant a seed that grows your investment each year. Let’s connect so you can buy the home of your dreams and let the equity take root today. NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany

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

Written by Delray Beach Mortgage Syndicated User on February 24, 2022. Posted in Delray Beach Condo Financing, Delray Beach Mortgage.

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 Delray Beach Mortgage Syndicated User on February 24, 2022. Posted in Delray Beach Condo Financing, Delray Beach Mortgage.

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

Florida Mortgage | Is This Your Year To Break Up with Renting?

Written by Delray Beach Mortgage Syndicated User on February 24, 2022. Posted in Delray Beach Condo Financing, Delray Beach Mortgage.

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

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