The Mortgage Process Doesn’t Have To Be Scary [INFOGRAPHIC]

Written by Bradenton Beach Mortgage Mortgage Syndicated User on October 30, 2021. Posted in Bradenton Beach Mortgage, Bradenton Beach Mortgage Rates, Buying Myths, First Time Home Buyers, For Buyers, Infographics, Mortgage Bradenton Beach, Move-Up Buyers.

Some Highlights Applying for a mortgage is a big step towards homeownership, but it doesn’t need to be one you fear. Here are some tips to help you prepare. Know your credit score and work to build strong credit. When you’re ready, lean on your agent to connect you with a lender so you can get pre-approved and begin your home search. Any major life change can be scary, and buying a home is no different. Let’s connect so you have an advisor by your side to take the fear out of the equation. Content previously posted on Keeping Current Matters

Housing Challenge or Housing Opportunity? It Depends.

Written by Bradenton Beach Mortgage Mortgage Syndicated User on October 29, 2021. Posted in Bradenton Beach Mortgage, Bradenton Beach Mortgage Rates, For Sellers, Housing Market Updates, Interest Rates, Mortgage Bradenton Beach, Move-Up Buyers, 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 frustrated...

Does Your House Have What Buyers Want?

The rise in remote work is changing what many Americans want in their homes. Many companies are choosing to delay reopening or go remote full-time, and today’s buyers are looking for homes with more space to support their work needs. As a seller, if you no longer need the extra room you have in your home, rest assured there are buyers who do. Remote Work Is Here To Stay Remote work remains a reality for many Americans. A recent poll from Garter, Inc. shows many organizations have not yet returned their offices: “. . . 66% of organizations are delaying reopening their offices due to new COVID-19...

There Are More Homes Available Now than There Were This Spring

Written by Bradenton Beach Mortgage Mortgage Syndicated User on October 27, 2021. Posted in Bradenton Beach Mortgage, Bradenton Beach Mortgage Rates, For Buyers, For Sellers, Housing Market Updates, Mortgage Bradenton Beach, Move-Up Buyers.

There’s a lot of talk lately about how challenging it can be to find a home to buy. While housing inventory is still low, there are a few important things to understand about the supply of homes for sale as we move into the end of the year. The Number of Homes for Sale Usually Peaks in the Fall In the residential real estate market, trends generally follow a predictable and seasonal pattern. Typically, the number of homes available for sale (or active monthly listings) peaks in the fall. But in a chapter where so little feels normal, the question becomes: should we expect a fall peak this year? If...

Knowledge Is Power When It Comes to Appraisals and Inspections

Written by Bradenton Beach Mortgage Mortgage Syndicated User on October 26, 2021. Posted in Bradenton Beach Mortgage, Bradenton Beach Mortgage Rates, Buying Myths, First Time Home Buyers, For Buyers, Mortgage Bradenton Beach, Move-Up Buyers.

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, money,...

Your Home Equity Is Growing [INFOGRAPHIC]

Written by Bradenton Beach Mortgage Mortgage Syndicated User on October 23, 2021. Posted in Bradenton Beach Mortgage, Bradenton Beach Mortgage Rates, For Sellers, Housing Market Updates, Infographics, Mortgage Bradenton Beach, Move-Up Buyers.

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

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

Written by Bradenton Beach Mortgage Mortgage Syndicated User on October 22, 2021. Posted in Bradenton Beach Mortgage, Bradenton Beach Mortgage Rates, Mortgage Bradenton Beach.

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

Important Distinction: Homes Are Less Affordable, Not Unaffordable

Written by Bradenton Beach Mortgage Mortgage Syndicated User on October 22, 2021. Posted in Bradenton Beach Mortgage, Bradenton Beach Mortgage Rates, Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Mortgage Bradenton Beach.

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 report...

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

Written by Bradenton Beach Mortgage Mortgage Syndicated User on October 21, 2021. Posted in Bradenton Beach Mortgage, Bradenton Beach Mortgage Rates, For Buyers, For Sellers, Mortgage Bradenton Beach, Move-Up Buyers, New Construction.

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 timing...

What Does the Future Hold for Home Prices?

Written by Bradenton Beach Mortgage Mortgage Syndicated User on October 20, 2021. Posted in Bradenton Beach Mortgage, Bradenton Beach Mortgage Rates, Buying Myths, For Buyers, For Sellers, Housing Market Updates, Mortgage Bradenton Beach, Pricing, Selling Myths.

If you’re looking to buy or sell a house, chances are you’ve heard talk about today’s rising home prices. And while this increase in home values is great news for sellers, you may be wondering what the future holds. Will prices continue to rise with time, or should you expect them to fall? To answer that question, let’s first understand a few terms you may be hearing right now. Appreciation is an increase in the value of an asset. Depreciation is a decrease in the value of an asset. Deceleration is when something happens at a slower pace. It’s important to note home prices have increased,...

Category: Bradenton Beach Mortgage Rates