Is It Easier To Find a Home To Buy Now?

Written by Miramar Beach FL Mortgage Syndicated User on April 1, 2024. Posted in Buying Myths, For Buyers, Miramar Beach Mortgage, Mortgage Miramar Beach FL.

One of the biggest hurdles buyers have faced over the past few years has been a lack of homes available for sale. But that’s starting to change.The graph below uses the latest data from Realtor.com to show there are more homes on the market in 2024 than there have been in any of the past several years (2021-2023):Does That Mean Finding a Home Is Easier?The answer is yes, and no. As an article from Realtor.com says:“There were nearly 15% more homes for sale in February than a year earlier . . . That alone could jolt the housing market a bit if more “For Sale” signs continue to appear. However,...

Single Women Are Embracing Homeownership

Written by Miramar Beach FL Mortgage Syndicated User on April 1, 2024. Posted in Buying Myths, First Time Home Buyers, For Buyers, Miramar Beach Mortgage, Mortgage Miramar Beach FL.

In today’s housing market, more and more single women are becoming homeowners. According to data from the National Association of Realtors (NAR), 19% of all homebuyers are single women, while only 10% are single men.If you’re a single woman trying to buy your first home, this should be encouraging. It means other people are making their dreams a reality – so you can too.Why Homeownership Matters to So Many Women For many single women, buying a home isn’t just about having a place to live—it’s also a smart way to invest for the future. Homes usually increase in value over...

The First Step: Getting Pre-Approved for a Mortgage [INFOGRAPHIC]

Written by Miramar Beach FL Mortgage Syndicated User on March 1, 2024. Posted in Buying Myths, First Time Home Buyers, For Buyers, Infographics, Miramar Beach Mortgage, Mortgage Miramar Beach FL.

Some HighlightsIf you’re looking to buy a home in 2024, getting pre-approved is a key piece of the puzzle. Mortgage pre-approval means a lender checks your finances and decides how much you’re qualified to borrow.As more buyers re-enter the market, it’ll help you make a strong offer that stands out from the crowd.Talk to a trusted professional to learn more and begin your homebuying process today.

Why You Want an Agent’s Advice for Your Move

Written by Miramar Beach FL Mortgage Syndicated User on March 1, 2024. Posted in Buying Myths, For Buyers, For Sellers, Miramar Beach Mortgage, Mortgage Miramar Beach FL, Selling Myths.

No matter how you slice it, buying or selling a home is a big decision. And when you’re going through any change in your life and you need some guidance, what do you do? You get advice from people who know what they’re talking about. Moving is no exception. You need insights from the pros to help you feel confident in your decision. Freddie Mac explains it like this:“As you set out to find the right home for your family, be sure to select experienced, trusted professionals who will help you make informed decisions and avoid pitfalls.”And while perfect advice isn’t possible – not even from the...

2 of the Factors That Impact Mortgage Rates

Written by Miramar Beach FL Mortgage Syndicated User on February 1, 2024. Posted in For Buyers, Interest Rates, Miramar Beach Mortgage, Mortgage Miramar Beach FL.

If you’re looking to buy a home, you’ve probably been paying close attention to mortgage rates. Over the last couple of years, they hit record lows, rose dramatically, and are now dropping back down a bit. Ever wonder why?The answer is complicated because there’s a lot that can influence mortgage rates. Here are just a few of the most impactful factors at play.Inflation and the Federal ReserveThe Federal Reserve (Fed) doesn’t directly determine mortgage rates. But the Fed does move the Federal Funds Rate up or down in response to what’s happening with inflation, the economy, employment rates,...

3 Keys To Hitting Your Homeownership Goals in 2024

Written by Miramar Beach FL Mortgage Syndicated User on January 1, 2024. Posted in For Buyers, For Sellers, Miramar Beach Mortgage, Mortgage Miramar Beach FL.

If buying or selling a home is your goal for 2024, it’s important to understand today’s housing market, know your why, and work with industry experts to bring your homeownership vision for the new year into focus.Over the last year, the economy had a big impact on the housing market, and likely on your wallet too. That’s why it’s critical to have a clear picture of not just the market today, but also on what you want out of it when you buy or sell a home. Danielle Hale, Chief Economist at Realtor.com, explains:“The key to making a good decision in this challenging housing market is to be laser...

What You Need To Know About Saving for a Home in 2024

Written by Miramar Beach FL Mortgage Syndicated User on January 1, 2024. Posted in Buying Myths, First Time Home Buyers, For Buyers, Miramar Beach Mortgage, Mortgage Miramar Beach FL, Move-Up Buyers.

If you’re planning to buy a home, knowing what to budget for and how to save may sound intimidating – but it doesn’t have to be. One way to ease those concerns is to make sure you understand some of the costs you may encounter up front. And to do that, always turn to trusted real estate professionals. They can help you set a plan and take a strategic look at your budget and your process before you even get started.Here are just a few things experts say you should be thinking about.1. Down PaymentSaving for your down payment is likely top of mind as you set out to buy a home. But do you know...

Is Owning a Home Still the American Dream for Younger Buyers?

Written by Miramar Beach FL Mortgage Syndicated User on December 1, 2023. Posted in Buying Myths, Demographics, First Time Home Buyers, For Buyers, Housing Market Updates, Miramar Beach Mortgage, Mortgage Miramar Beach FL.

Everyone has their own idea of the American Dream, and it’s different for each person. But, in a recent survey by Bankrate, people were asked about the achievements they believe represent the American Dream the most. The answers show that owning a home still claims the #1 spot for many Americans today (see graph below): In fact, according to the graph, owning a home is more important to people than retiring, having a successful career, or even getting a college degree. But is the dream of homeownership still alive for younger generations?A recent survey by 1000watt dives into how the two...

Are the Top 3 Housing Market Questions on Your Mind?

Written by Miramar Beach FL Mortgage Syndicated User on December 1, 2023. Posted in Buying Myths, First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Miramar Beach Mortgage, Mortgage Miramar Beach FL, Move-Up Buyers, Selling Myths.

When it comes to what’s happening in the housing market, there’s a lot of confusion going around right now. You may hear one thing in conversation with your friends, see something totally different on the news, and read something on social media that contradicts both of those thoughts. And, if you’re thinking about making a move, that can leave you with a lot of lingering questions. That’s where a trusted local real estate agent comes in.Here are the top 3 questions people are asking about today’s housing market, and the data to help answer them.1. What’s Next for Mortgage Rates?Mortgage rates...

A Real Estate Agent Helps Take the Fear Out of the Market

Written by Miramar Beach FL Mortgage Syndicated User on November 1, 2023. Posted in Buying Myths, For Buyers, For Sellers, Housing Market Updates, Miramar Beach Mortgage, Mortgage Miramar Beach FL, Selling Myths.

Do negative headlines and talk on social media have you feeling worried about the housing market? Maybe you’ve even seen or heard something lately that scares you and makes you wonder if you should still buy or sell a home right now. Regrettably, when news in the media isn’t easy to understand, it can make people feel scared and unsure. Similarly, negative talk on social media spreads fast and creates fear. As Jason Lewris, Co-Founder and Chief Data Officer at Parcl, says:“In the absence of trustworthy, up-to-date information, real estate decisions are increasingly being driven by fear,...

Category: For Buyers