Category: Buying Tips

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Priced Out? A Condo or Townhome Could Be Your Way In.

Written by Deerfield Beach Mortgage Syndicated User on July 23, 2026. Posted in Affordability, Buying Tips, Deerfield Beach Condo Mortgage, Deerfield Beach Mortgage, Downsize, First-Time Buyers, For Buyers.

Today’s home prices have a lot of buyers – especially first-time buyers – wondering if there’s even anything out there that’s in their budget. But owning a home may be more within reach than you think. Sometimes, it just means considering a different type of home.Condos and townhomes can be a great way to buy without stretching every last dollar. And right now, two things make them worth a serious look.There Are More Condos and Townhomes To Choose FromMaybe you feel like there’s just nothing out there for you, and you’ve exhausted all your options. But have you considered condos or...

More Homes, Better Prices: A Buyer’s Summer

Written by Deerfield Beach Mortgage Syndicated User on July 21, 2026. Posted in Buying Tips, Deerfield Beach Condo Mortgage, Deerfield Beach Mortgage, First-Time Buyers, For Buyers, Home Prices, Inventory.

If you’ve thought about buying a home in the past few years, you may have run into two frustrations: asking prices that kept climbing and too few homes to choose from.In many places, both sticking points are letting up this summer, with lower asking prices and more homes for sale. Let’s look at the trends, and what they mean for your search.Sellers Are Pricing To Attract BuyersAccording to Realtor.com, the national median asking price was $430,000 in June, nearly $11,000 under what it was the year before (see graph below):That’s the eighth month in a row that the typical asking price has...

The “Take It or Leave It” Attitude Is Fading from the Market – What That Means for You

Written by Deerfield Beach Mortgage Syndicated User on July 14, 2026. Posted in Buying Tips, Deerfield Beach Condo Mortgage, Deerfield Beach Mortgage, For Buyers, For Sellers, New Construction, Selling Tips.

Negotiations are back. More buyers are asking for better deals, and more sellers are giving them. Builders are throwing in extras, too. That’s why whether you’re buying or selling today, there are two terms you’ll hear a lot: concession and incentive.A concession is something a seller agrees to during negotiations to get a deal done.An incentive is a perk a builder (or a seller) advertises upfront to attract buyers.Let’s run through what you need to know about both and how they could play a role in your move.More Sellers Are Agreeing to ConcessionsAlmost half (46%) of homeowners who sold...

Student Loans Are Back in the News. Don’t Let It Put Your Homeownership Plans on Hold.

Written by Deerfield Beach Mortgage Syndicated User on July 9, 2026. Posted in Buying Tips, Deerfield Beach Condo Mortgage, Deerfield Beach Mortgage, First-Time Buyers, For Buyers.

Student loans are back in the spotlight. And whether you’ve been following the headlines closely or just catching bits and pieces here and there, there’s a good chance they’ve been on your mind lately.And if you’re questioning whether you have to hit pause on your plans to buy a home, here’s the thing you have to remember:Having student loans doesn’t automatically mean buying a home has to wait.The Biggest Myth About Student Loans and Buying a HomeOne of the most common misconceptions among first-time buyers is that they have to pay off their student loans...

Down Payments Are Smaller Than They’ve Been Since 2021

Written by Deerfield Beach Mortgage Syndicated User on July 3, 2026. Posted in Affordability, Buying Tips, Deerfield Beach Condo Mortgage, Deerfield Beach Mortgage, First-Time Buyers, For Buyers.

Saving for a down payment can feel like the hardest part of buying a home. And with affordability as tight as it’s been lately, it’s fair to wonder how anyone manages it right now. Here’s something you may not have seen coming. Some people are getting their foot in the door with a smaller down payment.According to Realtor.com, the typical buyer put down about $23,400 in early 2026 – that’s around $5,000 below what was typical the year before (a 19% drop year over year). That’s the lowest down payments have been since 2021 (see graph below):So why are buyers putting less money down,...

The 1 Factor That Explains Everything Happening with Home Prices Right Now

Written by Deerfield Beach Mortgage Syndicated User on June 30, 2026. Posted in Buying Tips, Deerfield Beach Condo Mortgage, Deerfield Beach Mortgage, For Buyers, For Sellers, Home Prices, Inventory, Selling Tips.

You’ve probably heard that home prices are cooling off. And that’s true – nationally. But zoom in on individual markets across the country, and the picture looks completely different depending on where you are.Some areas are still seeing solid price growth. Others have gone flat. A few have actually dipped slightly negative. So, what’s causing all of that variation? It All Comes Down to InventoryHere’s the simple version:When there are more homes for sale, buyers have options.More options, means less competition.Less competition means sellers can’t push prices...

That House That’s Been Sitting Could Be Your Best Shot at a Deal

Written by Deerfield Beach Mortgage Syndicated User on June 23, 2026. Posted in Affordability, Buying Tips, Deerfield Beach Condo Mortgage, Deerfield Beach Mortgage, First-Time Buyers, For Buyers.

Open up a home search and you’ll see them. Listings that have been on the market for two months. Three. Some longer.Most buyers scroll right past them, assuming something’s wrong with the house. But that instinct could be costing you, since the longer a home sits, the more motivated the seller usually gets.Where Some Buyers Are Finding Better DealsIf affordability has been your #1 hurdle to buying, here’s a surprisingly simple strategy that could help you finally get your foot in the door. Start with the homes that have been sitting the longest. That’s often where the best deals...

Is It Still a Seller’s Market? Here’s What the Data Says.

Written by Deerfield Beach Mortgage Syndicated User on June 19, 2026. Posted in Agent Value, Buying Tips, Deerfield Beach Condo Mortgage, Deerfield Beach Mortgage, For Buyers, For Sellers, Selling Tips.

Remember a few years back when sellers held all the power and buyers were stuck offering way over asking or waiving inspections just to get a chance at the house? In many markets, those days are behind us.While it’s going to vary by area, more metros are slowly shifting to favor buyers, and the market is starting to look a lot more like a two-way street again.And that balance is something we haven’t had in a while.Whether you’re buying or selling, here’s what you need to know about what’s changing and what it means for your move.The Most Buyer-Friendly Market in YearsThe...

Two Big Reasons To Move This Summer

Written by Deerfield Beach Mortgage Syndicated User on June 12, 2026. Posted in Buying Tips, Deerfield Beach Condo Mortgage, Deerfield Beach Mortgage, For Buyers, For Sellers, Home Prices, Inventory, Selling Tips.

A lot of people who want to move are telling themselves the same thing: “Maybe I’ll just wait until later this year once things calm down.” While waiting sounds like a good plan, there’s something worth knowing before you decide. Rates aren’t expected to change much, so if that’s the #1 reason you’re waiting, it may not pay off. And there may be other things you miss out on in the meantime. Historically, Summer is one of the strongest seasons of the year for both buyers and sellers. And if you delay your move until Fall or Winter, some of those opportunities may...

Could Moving a Bit Further Out Change Everything About Your Budget?

Written by Deerfield Beach Mortgage Syndicated User on June 10, 2026. Posted in Affordability, Agent Value, Buying Tips, Deerfield Beach Condo Mortgage, Deerfield Beach Mortgage, First-Time Buyers, For Buyers.

Whether you’re dreaming about buying your first home or wondering if it’s time to move on from the one you’re in, affordability is probably weighing on your mind. Home prices are still high in many markets, and even though things have improved a bit over the past year, making the numbers work can still feel like a stretch.But the people finding ways to move right now usually have one thing in common. They didn’t wait for affordability to come to them. They went looking for it.According to PODS, 61% of people across all generations say affordability is the biggest factor...