Why It’s Critical To Price Your House Right

Written by Deerfield Beach Mortgage Syndicated User on March 8, 2022. Posted in Deerfield Beach Condo Mortgage, Deerfield Beach Mortgage, For Sellers, Pricing, Selling Myths.

When you make a move, you want to sell your house for the highest price possible. That might be why many homeowners are eager to list in today’s sellers’ market. After all, with record-low inventory and high buyer demand, many homes are selling for more than asking price. Data from the National Association of Realtors (NAR) shows 46% of homes are selling above list price today. But even in a market like we have now, working with an agent to set the right asking price is critical, as pricing it too high or too low could have a negative impact on your final sale. Here’s why. Pricing Your House...

Hybrid Utilities Master Plan and Utilities Rate Discussion Workshop March 7 and March 22

Written by Deerfield Beach Mortgage Syndicated User on March 5, 2022. Posted in Deerfield Beach Condo Mortgage, Deerfield Beach Mortgage.

You are invited to attend the Utilities Master Plan & Utilities Rate Discussion Workshop, March 7th & 22nd, in City Commission Chambers located, 150 NE 2nd Ave, 7:00 PM – 9:00 PM in-person or on Zoom.

Supply and Demand in Today’s Market [INFOGRAPHIC]

Written by Deerfield Beach Mortgage Syndicated User on March 5, 2022. Posted in Deerfield Beach Condo Mortgage, Deerfield 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 Deerfield Beach Mortgage Syndicated User on March 4, 2022. Posted in Deerfield Beach Condo Mortgage, Deerfield 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, last...

Down Payment Assistance Programs Can Help You Achieve Homeownership

Written by Deerfield Beach Mortgage Syndicated User on March 3, 2022. Posted in Buying Myths, Deerfield Beach Condo Mortgage, Deerfield 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 can...

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

Written by Deerfield Beach Mortgage Syndicated User on March 2, 2022. Posted in Deerfield Beach Condo Mortgage, Deerfield 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 supply...

Millennials: Do You Need a Home with More Space?

Written by Deerfield Beach Mortgage Syndicated User on March 1, 2022. Posted in Deerfield Beach Condo Mortgage, Deerfield 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 states: “They...

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