What Experts Say Will Happen with Home Prices Next Year

Written by Deerfield Beach Mortgage Syndicated User on September 23, 2022. Posted in Deerfield Beach Condo Mortgage, Deerfield Beach Mortgage, For Buyers, For Sellers, Housing Market Updates, Pricing.

Experts are starting to make their 2023 home price forecasts. As they do, most agree homes will continue to gain value, just at a slower pace. Over the past couple of years, home prices have risen at an unsustainable rate, leaving many to wonder how long it would last. If you’re asking yourself: what’s ahead for the price of my home, know that experts are now answering this question, and its welcome news for homeowners who may have been led by the media to believe their home would lose value. Historically, home prices have appreciated at a rate near 4%. For 2023, the average of six major forecasters...

Florida Mortgage | US interest rates hit 14-yr high in inflation battle

Written by Deerfield Beach Mortgage Syndicated User on September 23, 2022. Posted in Deerfield Beach Condo Mortgage, Deerfield Beach Mortgage.

Florida Mortgage | US interest rates hit 14-yr high in inflation battle. NMLS ID 1834853 #mortgagerates #floridamortgagerates #floridamortgagecompany

Top Reasons Homeowners Are Selling Their Houses Right Now

Written by Deerfield Beach Mortgage Syndicated User on September 22, 2022. Posted in Deerfield Beach Condo Mortgage, Deerfield Beach Mortgage, For Sellers, Interest Rates, Move-Up Buyers.

Some people believe there’s a group of homeowners who may be reluctant to sell their houses because they don’t want to lose the historically low mortgage rate they have on their current home. You may even have the same hesitation if you’re thinking about selling your house. Data shows 51% of homeowners have a mortgage rate under 4% as of April this year. And while it’s true mortgage rates are higher than that right now, there are other non-financial factors to consider when it comes to making a move. In other words, your mortgage rate is important, but you may have other things going on in...

Watching the Stock Market? Check the Value of Your Home for Good News.

Written by Deerfield Beach Mortgage Syndicated User on September 21, 2022. Posted in Deerfield Beach Condo Mortgage, Deerfield Beach Mortgage, For Buyers, For Sellers, Housing Market Updates.

While watching the stock market recently may have started to feel pretty challenging, checking the value of your home should come as welcome relief in this volatile time. If you’re a homeowner, your net worth got a big boost over the past few years thanks to rising home prices. And that increase in your wealth came in the form of home equity. Here’s how it works. Equity is the current value of your home minus what you owe on the loan. Because there was a significant imbalance between the number of homes available for sale and the number of buyers looking to make a purchase over the past few...

Will My House Still Sell in Today’s Market?

Written by Deerfield Beach Mortgage Syndicated User on September 20, 2022. Posted in Deerfield Beach Condo Mortgage, Deerfield Beach Mortgage, For Sellers, Housing Market Updates, Selling Myths.

If recent headlines about the housing market cooling and buyer demand moderating have you worried you’ve missed your chance to sell, here’s what you need to know. Buyer demand hasn’t disappeared, it’s just eased from the peak intensity we saw over the past two years. Buyer Demand Then and Now During the pandemic, mortgage rates hit record lows, and that spurred a significant rise in buyer demand. This year, as rates increased due to factors like rising inflation, buyer demand pulled back or softened as a result. The latest data from ShowingTime confirms this trend (see graph below): The orange...

Back to School Starter Kit: How to Navigate Relationships & Tough Conversations

Written by Deerfield Beach Mortgage Syndicated User on September 18, 2022. Posted in Deerfield Beach Condo Mortgage, Deerfield Beach Mortgage.

Event date: September 29, 2022 Event Time: 03:45 PM – 05:30 PMLocation: 511 NE 44th StreetDeerfield Beach, FL 33064Description:Parent or legal guardian must register teen. Once logged in to CivicRec Account click on Activities, scroll down to Recreation, click on ARP Resources Services and Interventions for Youth & Families for this program. Youth must be present the entire workshop.

A Crucial First Step: Mortgage Pre-Approval [INFOGRAPHIC]

Written by Deerfield Beach Mortgage Syndicated User on September 17, 2022. Posted in Deerfield Beach Condo Mortgage, Deerfield Beach Mortgage, First Time Home Buyers, For Buyers, Infographics, Move-Up Buyers.

Some Highlights Mortgage pre-approval means a lender has reviewed your finances and, based on factors like your income, debt, and credit history, determined how much you’re qualified to borrow. Being pre-approved for a loan can give you clarity while planning your homebuying budget, confidence in your ability to secure a loan, and helps sellers know your offer is serious. Connect with a trusted professional to learn more and start your homebuying process today. Content previously posted on Keeping Current Matters

Florida Mortgage | How Your Home Sale or Purchase Impacts the Economy

Written by Deerfield Beach Mortgage Syndicated User on September 17, 2022. Posted in Deerfield Beach Condo Mortgage, Deerfield Beach Mortgage.

Florida Mortgage | How Your Home Sale or Purchase Impacts the Economy. When you buy or sell a home, you’re making a difference in your community. Let’s connect if you’re ready to make a move and make an impact. NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany

Buyers Are Regaining Some of Their Negotiation Power in Today’s Housing Market

Written by Deerfield Beach Mortgage Syndicated User on September 16, 2022. Posted in Deerfield Beach Condo Mortgage, Deerfield Beach Mortgage, First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers.

If you’re thinking about buying a home today, there’s welcome news. Even though it’s still a sellers’ market, it’s a more moderate sellers’ market than last year. And the days of feeling like you may need to waive contingencies or pay drastically over asking price to get your offer considered may be coming to a close. Today, you should have less competition and more negotiating power as a buyer. That’s because the intensity of buyer demand and bidding wars is easing this year. So, if bidding wars were the biggest factor that had you sitting on the sidelines, here are two trends that may be...

Is the Real Estate Market Slowing Down, or Is This a Housing Bubble?

Written by Deerfield Beach Mortgage Syndicated User on September 15, 2022. Posted in Deerfield Beach Condo Mortgage, Deerfield Beach Mortgage, For Buyers, For Sellers, Housing Market Updates.

The talk of a housing bubble in the coming year seems to be at a fever pitch as rising mortgage rates continue to slow down an overheated real estate market. Over the past two years, home prices have appreciated at an unsustainable pace causing many to ask: are things just slowing down, or is a crash coming? To answer this question, there are two things we want to understand. The first is the reality of the shift in today’s housing market. And the second is what experts are saying about home prices in the coming year. The Reality of the Shift in Today’s Housing Market The reality is we’re seeing...

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