Buying your first home is a major decision and an exciting milestone. Even though it can feel daunting at times, it has the power to change your life for the better. If you’re looking to purchase your first home, you may be wondering what’s happening in the housing market today, how much you need to save, and where to start.
Here are three things that can help give you the information you need to confidently pursue your dream of homeownership.
1. Consider All Options When the Number of Homes for Sale Is Low
Today, there are far more buyers in the market than there are homes available for sale....
Event date: May 5, 2022 Event Time: 06:00 PM – 07:00 PMLocation: Deerfield Beach, FL 33441Description:The City of Deerfield Beach once again welcomes everyone to unite and pray together as a community at the Annual Observance of the National Day of Prayer, Thursday, May 5th, at Pioneer Park baseball field (217 NE 5th Avenue) from 6:00 PM – 7:00 PM.
One of the biggest concerns for a homeowner looking to sell is the time they’ll have to put in before listing their house. If that’s the case for you, you should know – your home might be closer to list-ready than you think in today’s housing market. A survey of recent sellers from realtor.com finds that many were able to get their house ready in less than a month. It says:
“With many homeowners expecting a quick sale, and in many cases a lack of contingencies, the preparation process took less than a month for over 50% of home sellers this past year, with 20% completing it in less than two...
Event date: May 7, 2022 Event Time: 03:00 PM – 09:00 PMLocation: 100 Fairway Dr.Deerfield Beach, FL 33441Description:The City of Deerfield Beach in partnership with the DoubleTree by Hilton Hotel presents a special event for teens, Ignite on Saturday, May 7, 2022 from 3:00 PM to 9:00 PM. The goal is to encourage help-seeking and celebrate Mental Health Awareness Month this May through an evening of fun! We will have a Resource Fair with organizations such as NAMI Broward and Yoga4Change, a community project table (No-Sew Blankets which will be provided to Dr. Jones Founder of Pets Help...
With a limited number of homes for sale today and so many buyers looking to make a purchase before mortgage rates rise further, bidding wars are common. According to the latest report from the National Association of Realtors (NAR), nationwide, homes are getting an average of 4.8 offers per sale. Here’s a look at how that breaks down state-by-state (see map below):
The same report from NAR shows the average buyer made two offers before getting their third offer accepted. In this type of competitive housing market, it’s important to know what levers you can pull to help you beat the competition....
If you’re planning to sell your home this season, rising prices are great news for you. But it’s important to understand why prices are rising to begin with. One major factor is supply and demand.
In any industry, when there are more buyers for an item than there are of that item available, prices naturally rise. In those situations, buyers are willing to pay more to get the product or service they’re looking for when options are scarce. And that’s exactly what’s happening in the current real estate market.
Selma Hepp, Executive, Research & Insights and Deputy Chief Economist at CoreLogic,...
If you’re thinking about selling your house this season, focusing on a few quick and easy updates outside can help your home look its best.
78% of real estate agents polled say poor landscaping affects property values. As a seller, that means your yard could impact your bottom line.
When getting your house ready to sell, let’s connect to discuss what you should do to make sure your house shows well and catches the eyes of more potential buyers.
Content previously posted on Keeping Current Matters
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It’s essential to know what experts are saying about today’s rising mortgage rates. Let’s connect so we can discuss why making your move sooner rather than later could be your best plan. NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany
Even if you haven’t been following real estate news, you’ve likely heard about the current sellers’ market. That’s because there’s a lot of talk about how strong market conditions are for people who want to sell their houses. But if you’re thinking about listing your house, you probably want to know: what does being in a sellers’ market really mean?
What Is a Sellers’ Market?
The latest Existing Home Sales Report from the National Association of Realtors (NAR) shows housing supply is still very low. There’s a 2-month supply of homes at the current sales pace.
Historically, a 6-month supply...
Florida Mortgage | What Do Rising Home Prices Mean for Buyers?
Home prices are continuing to rise. Let’s connect so you can better understand what this means for your homebuying goals. NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany