Home Price Growth Is Moderating – Here’s Why That’s Good for You

Written by Florida FHA Loan Syndicated User on February 11, 2025. Posted in Florida FHA Condo Loans, Florida FHA Loan, Florida FHA Loan Rates, For Buyers, Home Prices.

Over the past few years, home prices skyrocketed. That’s been frustrating for buyers, leaving many wondering if they’d ever get a shot at owning a home. But here’s some welcome news: that whirlwind pace of home price growth is slowing down.Home Prices Are Rising at a Healthy PaceAt the national level, home prices are still going up, but at a much more moderate, normal pace. For example, in November, the year-over-year increase in home prices was just 3.8% nationally, according to Case-Shiller. That’s a far cry from the double-digit spikes that occurred in 2021 and 2022 (see graph...

Why Buying a Home Now Is Your Winning Play

Written by Florida FHA Loan Syndicated User on February 8, 2025. Posted in Buying Tips, Florida FHA Condo Loans, Florida FHA Loan, Florida FHA Loan Rates, For Buyers, Infographics.

Some HighlightsYou may be sitting on the sidelines wondering if it’s better to buy now or wait. But buying before the spring rush may be a game-changing decision.?Moving this winter can give you significant advantages, like less competition, more negotiating power, and lower prices.If you’re able to buy now, stay ahead of the game and outrun the competition. To tackle your homebuying plans this year, connect with a local agent.?

The Perks of Buying a Fixer-Upper

Written by Florida FHA Loan Syndicated User on February 7, 2025. Posted in Affordability, Buying Tips, Florida FHA Condo Loans, Florida FHA Loan, Florida FHA Loan Rates, For Buyers.

There’s no denying affordability is tough right now. But that doesn’t mean you have to put your plans to buy a home on the back burner.If you’re willing to roll up your sleeves (or hire someone who will), buying a house that needs some work could open the door to homeownership. Here’s everything you need to know so you can decide if this is the right move for you.What’s a Fixer-Upper?A fixer-upper is a home that’s livable but requires some renovations. Think cosmetic updates like wallpaper removal and new flooring or more extensive repairs like replacing a roof or updating plumbing.While...

Florida Mortgage | What To Do If Your House Didn’t Sell

Written by Florida FHA Loan Syndicated User on February 7, 2025. Posted in Florida FHA Condo Loans, Florida FHA Loan, Florida FHA Loan Rates.

Florida Mortgage | What To Do If Your House Didn’t Sell Last year as many as 1 in 3 sellers took their house off the market because it hadn’t sold. NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany #homesellers

The 3 Biggest Mistakes Sellers Are Making Right Now

Written by Florida FHA Loan Syndicated User on February 6, 2025. Posted in Agent Value, Florida FHA Condo Loans, Florida FHA Loan, Florida FHA Loan Rates, For Sellers, Selling Tips.

If you want to sell your house, having the right strategies and expectations is key. But some sellers haven’t adjusted to where the market is today. They’re not factoring in that there are more homes for sale or that buyers are being more selective with their budgets. And those sellers are making some costly mistakes.Here’s a quick rundown of the 3 most common missteps sellers are making, and how partnering with an expert agent can help you avoid every single one of them.1. Pricing the Home Too HighAccording to a survey by John Burns Real Estate Consulting (JBREC) and Keeping Current...

Buyer Bright Spot: There Are More Homes on the Market

Written by Florida FHA Loan Syndicated User on February 5, 2025. Posted in Buying Tips, Florida FHA Condo Loans, Florida FHA Loan, Florida FHA Loan Rates, For Buyers, Forecasts, Inventory.

The past few years have been challenging for homebuyers, especially with higher home prices and mortgage rates. And if you’re trying to buy a home, it’s easy to worry you won’t be able to find something in your budget.But here’s what you need to know. The number of homes for sale has grown a whole lot lately and that’s true for both existing (previously lived-in) and newly built homes. Here’s a look at those two bright spots for buyers right now and why they may make it a bit easier to find the home you’re been looking for.1. There Are 22% More Existing Homes for Sale Data from Realtor.com...

The Real Benefits of Buying a Home This Year

Written by Florida FHA Loan Syndicated User on February 4, 2025. Posted in Florida FHA Condo Loans, Florida FHA Loan, Florida FHA Loan Rates, For Buyers, Home Prices.

Have you been wondering whether you should keep renting or finally make the leap into homeownership? It’s a big decision, and let’s be real — renting can feel like the easier option, especially if buying a home feels out of reach.But here’s the thing: a recent report from Bank of America highlights that 70% of prospective buyers fear the long-term consequences of renting, including not building equity and dealing with rising rents.Maybe you’re feeling that too — concerned about where renting might leave you down the road, but still unsure if you’d even be able to buy right now. The...

Time in the Market Beats Trying To Time the Market

Written by Florida FHA Loan Syndicated User on February 1, 2025. Posted in Equity, Florida FHA Condo Loans, Florida FHA Loan, Florida FHA Loan Rates, Forecasts, Home Prices, Infographics.

Some HighlightsAre you torn between whether to buy a home now or wait? Consider this.Forecasts show prices will climb for ?at least the next 5 years. If you wait, the price of a home will be higher later on. But, if you buy a $400K now, you could gain roughly $83K in equity as prices rise.If you’re able to buy now, this equity is one reason why it’ll be worth it in the long run. Connect with an agent if you’re ready to talk through ways we can make it happen.

Florida Mortgage | The Big Difference Between Renter and Homeowner Net Worth

Written by Florida FHA Loan Syndicated User on February 1, 2025. Posted in Florida FHA Condo Loans, Florida FHA Loan, Florida FHA Loan Rates.

The Big Difference Between Renter and Homeowner Net Worth On average, a homeowner’s net worth is nearly 40x higher than a renter’s. If you’re ready and able to buy, you have the chance to start gaining equity and growing your wealth. And if homeownership feels out of reach, let’s connect to talk about the programs that can help. NMLS ID 1834853 | #floridamortgage #floridamortgagerates #floridamortgagecompany #mortgagetips #mortgageexperts

The Secret To Selling? Using an Agent To Get Your House Noticed

Written by Florida FHA Loan Syndicated User on January 31, 2025. Posted in Agent Value, Florida FHA Condo Loans, Florida FHA Loan, Florida FHA Loan Rates, For Sellers.

In a recent survey, the National Association of Realtors (NAR) asked sellers what they want most from a real estate agent. The number one answer was to help market their house.It makes sense. The way your agent markets your house can be the difference between whether or not it stands out and gets attention from buyers. That’s why it’s so important to work with an expert local agent that knows what they’re doing.According to that same report from NAR, here are some of the most common methods real estate agents use to market homes, and how you benefit when your agent uses them...

Category: Florida FHA Condo Loans