Home Sales About To Surge? We May See a Winter Like Never Before.

Written by Bradenton Beach Mortgage Mortgage Syndicated User on November 19, 2021. Posted in Bradenton Beach Mortgage, Bradenton Beach Mortgage Rates, For Buyers, For Sellers, Housing Market Updates, Mortgage Bradenton Beach.

Like most industries, residential real estate has a seasonality to it. For example, toy stores sell more toys in October, November, and December than they do in any other three-month span throughout the year. More cars are sold in the U.S. during the second quarter (April, May, and June) than in any other quarter of the year. Real estate is very similar. The number of homes sold in the spring is almost always much greater than at any other time of the year. It’s even labeled as the spring buying season. Historically, the number of buyers and listings for sale significantly increase in the spring...

Retirement May Be Changing What You Need in a Home

Written by Bradenton Beach Mortgage Mortgage Syndicated User on November 18, 2021. Posted in Baby Boomers, Bradenton Beach Mortgage, Bradenton Beach Mortgage Rates, Demographics, For Buyers, For Sellers, Mortgage Bradenton Beach, Senior Market.

The past year and a half brought about significant life changes for many of us. For some, it meant entering retirement earlier than expected. Recent data shows more people retired this year than anticipated. According to the Schwartz Center for Economic Policy Analysis, 2021 saw a retirement boom: “At least 1.7 million more older workers than expected retired due to the pandemic recession.” If you’ve recently retired, your home may not fit your new lifestyle. The good news is, you’ve likely built-up significant equity that can fuel your next move. According to the latest Homeowner Equity...

Sellers: You’ll Likely Get Multiple Strong Offers This Season

Written by Bradenton Beach Mortgage Mortgage Syndicated User on November 17, 2021. Posted in Bradenton Beach Mortgage, Bradenton Beach Mortgage Rates, For Sellers, Housing Market Updates, Mortgage Bradenton Beach.

Are you thinking about selling your house right now, but you’re not sure you’ll have the time to do so as the holidays draw near? If so, consider this: even as the holiday season approaches, there are plenty of buyers out there, and they really want your house. Here’s why selling this winter is a win for you. Today’s buyers are still dealing with a limited number of homes for sale. Thanks to continued low inventory, those buyers are competing with one another for their dream home. And when that happens, if your house is one of the few on the market, it will rise to the top of the pool – and...

Should I Update My House Before I Sell It? [INFOGRAPHIC]

Written by Bradenton Beach Mortgage Mortgage Syndicated User on November 13, 2021. Posted in Bradenton Beach Mortgage, Bradenton Beach Mortgage Rates, For Sellers, Infographics, Mortgage Bradenton Beach.

Some Highlights If you’re deciding whether you should make updates before you sell your house, lean on your agent to be your guide. If the market is flooded with houses for sale, updates may be necessary for your house to stand out. In our current sellers’ market, the added expenses might not be worth it. Let’s connect so you have expert advice on which updates are important in today’s market. Content previously posted on Keeping Current Matters

What’s Happening with Home Prices?

Written by Bradenton Beach Mortgage Mortgage Syndicated User on November 11, 2021. Posted in Bradenton Beach Mortgage, Bradenton Beach Mortgage Rates, For Buyers, For Sellers, Housing Market Updates, Mortgage Bradenton Beach, Pricing.

Many people have questions about home prices right now. How much have prices risen over the past 12 months? What’s happening with home values right now? What’s projected for next year? Here’s a look at the answers to all three of these questions. How much have home values appreciated over the last 12 months? According to the latest Home Price Index from CoreLogic, home values have increased by 18.1% compared to this time last year. Additionally, prices have gone up at an accelerated pace for each of the last eight months (see graph below):The increase in the rate of appreciation that’s shown...

How Sellers Win When Housing Inventory Is Low

Written by Bradenton Beach Mortgage Mortgage Syndicated User on November 10, 2021. Posted in Bradenton Beach Mortgage, Bradenton Beach Mortgage Rates, For Sellers, Housing Market Updates, Mortgage Bradenton Beach, Pricing.

In today’s housing market, the number of homes for sale is much lower than the strong buyer demand. As a result, homeowners ready to sell have a significant advantage. Here are three ways today’s low inventory will set you up for a win when you sell this season. 1. Higher Prices With so many more buyers in the market than homes available for sale, homebuyers are frequently getting into bidding wars for the houses they want to purchase. According to the latest data from the National Association of Realtors (NAR), homes are receiving an average of 3.7 offers in today’s market. This buyer competition...

Numbers Don’t Lie – It’s Still a Great Time To Sell [INFOGRAPHIC]

Written by Bradenton Beach Mortgage Mortgage Syndicated User on November 6, 2021. Posted in Bradenton Beach Mortgage, Bradenton Beach Mortgage Rates, For Sellers, Housing Market Updates, Infographics, Mortgage Bradenton Beach, Selling Myths.

Some Highlights Heading into the end of the year, you might wonder if it’s still a good time to sell your house. Here’s what the latest data from the National Association of Realtors (NAR) says. Housing supply is lower than last year, and home prices are up nationwide. Meanwhile, the average home is selling fast and receiving several offers. Listing now puts your house in the spotlight, meaning it could sell quickly – and for more than you’d expect. Feeling motivated? If you’re ready to sell and capitalize on today’s market, let’s connect. Content previously posted on Keeping Current Ma...

Sellers Have Incredible Leverage in Today’s Market

Written by Bradenton Beach Mortgage Mortgage Syndicated User on November 3, 2021. Posted in Bradenton Beach Mortgage, Bradenton Beach Mortgage Rates, For Sellers, Housing Market Updates, Interest Rates, Mortgage Bradenton Beach, Move-Up Buyers, Pricing.

With mortgage rates climbing above 3% for the first time in months, serious buyers are more motivated than ever to find a home before the end of the year. Lawrence Yun, Chief Economist for the National Association of Realtors (NAR), puts it best, saying: “Housing demand remains strong as buyers likely want to secure a home before mortgage rates increase even further next year.” But the sense of urgency they feel is complicated by the lack of homes for sale in today’s market. According to the latest Existing Home Sales Report from NAR: “From one year ago, the inventory of unsold homes decreased...

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...

Category: For Sellers