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Tag: #deerfieldbeachmortgage

Why Aren’t Home Prices Crashing?

There have been a lot of shifts in the housing market recently. Mortgage rates rose dramatically last year, impacting many people’s ability to buy a home. And after several years of rapid price appreciation, home prices finally peaked last summer. These changes led to a rise in headlines saying prices would end up crashing.Even though we’re no longer seeing the buyer frenzy that drove home values up during the pandemic, prices have been relatively flat at the national level. Lawrence Yun, Chief Economist at the National Association of Realtors (NAR), doesn’t expect that to change:“[H]ome prices...

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Two Reasons You Should Sell Your House

Wondering if you should sell your house this year? As you make your decision, think about what’s motivating you to consider moving. A recent survey from realtor.com asked why homeowners are thinking about selling their houses this year. Here are the top two reasons (see graphic below):Let’s break those reasons down and explore how they might resonate with you.1. I Want To Take Advantage of the Current Market and Make a ProfitWhen you decide to sell your house, how much you’ll make from the sale will likely be top of mind. So, here’s some good news: according to the latest data, the average seller...

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How Changing Mortgage Rates Can Affect You

The 30-year fixed mortgage rate has been bouncing between 6% and 7% this year. If you’ve been on the fence about whether to buy a home or not, it’s helpful to know exactly how a 1%, or even a 0.5%, mortgage rate shift affects your purchasing power. The chart below helps show the general relationship between mortgage rates and a typical monthly mortgage payment:Even a 0.5% change can have a big impact on your monthly payment. And since rates have been moving between 6% and 7% for a while now, you can see how it impacts your purchasing power as rates go down.What This Means for YouYou may be tempted...

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Beekeeping 101 Workshop

Event date: April 1, 2023 Event Time: 09:00 AM – 11:00 AMLocation: 401 SW 4th StreetDeerfield Beach, FL 33433Description:The workshop will start with an inside presentation, and then participants will join the beekeeper outside at the DFBee Apiary for a hive inspection and “Look Through the Windows” program. No prior experience is necessary.

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Hidden In Plain Sight (Presentation for Parents and Caregivers Only)

Event date: March 31, 2023 Event Time: 06:30 PM – 07:30 PMLocation: 1345 SW 11th Way Deerfield Beach, FL 33441Description:Hidden in Plain Sight is not intended to scare adults, but to enlighten them and provide them with support and local resources for dealing with teens’ risky behavior. We want to help parents, adult family members, and other adults who interact with youth to:1. Understand the types of inexpensive, easily accessible products available to youth to hide products commonly used as indicators of risky behavior “in plain sight”2. Recognize warning signs of ambivalent or possibly...

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We’re in a Sellers’ Market. What Does That Mean?

Even though activity in the housing market has slowed from the frenzy we saw over a year ago, today’s low supply of homes for sale is still a sellers’ market. But what does that really mean? And why are conditions today so good if you want to list your house?It starts with the number of homes available for sale. The latest Existing Home Sales Report from the National Association of Realtors (NAR) shows housing supply is still astonishingly low. Today, we have a 2.6-month supply of homes at the current sales pace. Historically, a 6-month supply is necessary for a ‘normal’ or ‘neutral’ market...

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