Category: For Sellers

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Should You Rent Your House or Sell It?

Written by Miramar Beach FL Mortgage Syndicated User on February 1, 2023. Posted in For Sellers, Miramar Beach Mortgage, Mortgage Miramar Beach FL, Selling Myths.

If you’re a homeowner ready to make a move, you may be thinking about using your current house as a short-term rental property instead of selling it. A short-term rental (STR) is typically offered as an alternative to a hotel, and they’re an investment that’s gained popularity in recent years. According to a Harris Poll survey, 28% of homeowners have considered using a rental service to temporarily rent out their home for additional income.

Lower Mortgage Rates Are Bringing Buyers Back to the Market

Written by Miramar Beach FL Mortgage Syndicated User on February 1, 2023. Posted in For Sellers, Housing Market Updates, Miramar Beach Mortgage, Mortgage Miramar Beach FL, Move-Up Buyers.

As mortgage rates rose last year, activity in the housing market slowed down. And as a result, homes started seeing fewer offers and stayed on the market longer. That meant some homeowners decided to press pause on selling.

Where Will You Go If You Sell? You Have Options.

Written by Miramar Beach FL Mortgage Syndicated User on February 1, 2023. Posted in For Sellers, Housing Market Updates, Miramar Beach Mortgage, Mortgage Miramar Beach FL, Move-Up Buyers, New Construction.

There are plenty of good reasons you might be ready to move. No matter your motivations, before you list your current house, you need to consider where you’ll go next.

Planning To Sell Your House? It’s Critical To Hire a Pro.

Written by Miramar Beach FL Mortgage Syndicated User on January 1, 2023. Posted in For Sellers, FSBOs, Miramar Beach Mortgage, Mortgage Miramar Beach FL, Selling Myths.

With higher mortgage rates and moderating buyer demand, conditions in the housing market are different today. And if you’re thinking of selling your house, it’s important to understand how the market has changed and what that means for you. The best way to make sure you’re in the know is to work with a trusted housing market expert. Here are five reasons working with a professional can ensure you’ll get the most out of your sale. 1. A Real Estate Advisor Is an Expert on Market Trends Leslie Rouda Smith, 2022 President of the National Association of Realtors (NAR), explains: “During...

Why There Won’t Be a Flood of Foreclosures Coming to the Housing Market

Written by Miramar Beach FL Mortgage Syndicated User on December 1, 2022. Posted in Distressed Properties, For Buyers, For Sellers, Foreclosures, Miramar Beach Mortgage, Mortgage Miramar Beach FL.

With the rapid shift that’s happened in the housing market this year, some people are raising concerns that we’re destined for a repeat of the crash we saw in 2008. But in truth, there are many key differences between what’s happening today and the bubble in the early 2000s. One of the reasons this isn’t like the last time is the number of foreclosures in the market is much lower now. Here’s a look at why there won’t be a wave of foreclosures flooding the market. Not as Many Homeowners Are in Trouble This Time After the last housing crash, over nine million households lost their homes due...

3 Ways You Can Use Your Home Equity

Written by Miramar Beach FL Mortgage Syndicated User on December 1, 2022. Posted in For Sellers, Housing Market Updates, Miramar Beach Mortgage, Mortgage Miramar Beach FL, Move-Up Buyers.

If you’re a homeowner, odds are your equity has grown significantly over the last few years as home prices skyrocketed and you made your monthly mortgage payments. Home equity builds over time and can help you achieve certain goals. According to the latest Equity Insights Report from CoreLogic, the average borrower with a home loan has almost $300,000 in equity right now. As you weigh your options, especially in the face of inflation and talk of a recession, it’s important to understand your assets and how you can leverage them. A real estate professional is the best resource to help you...

Your House Could Be the #1 Item on a Homebuyer’s Wish List During the Holidays

Written by Miramar Beach FL Mortgage Syndicated User on December 1, 2022. Posted in For Sellers, Housing Market Updates, Millennials, Miramar Beach Mortgage, Mortgage Miramar Beach FL.

Each year, homeowners planning to make a move are faced with a decision: sell their house during the holidays or wait. And others who have already listed their homes may think about removing their listings and waiting until the new year to go back on the market. The truth is many buyers want to purchase a home for the holidays, and your house might be just what they’re looking for. Here are five great reasons you shouldn’t wait to sell your house. 1. While the supply of homes for sale has increased this year, there still aren’t enough homes on the market to keep up with buyer demand. As...

Millennials Are Still a Driving Force of Today’s Buyer Demand

Written by Miramar Beach FL Mortgage Syndicated User on November 1, 2022. Posted in Demographics, For Sellers, Housing Market Updates, Millennials, Miramar Beach Mortgage, Mortgage Miramar Beach FL.

If you’re thinking about selling your house but wondering if buyers are still out there, know that there are still people who are searching for a home to buy today. And your house may be exactly what they’re looking for. While the millennial generation has been dubbed the renter generation, that namesake may not be appropriate anymore. Millennials, the largest generation, are actually a significant driving force for buyer demand in the housing market today. Here’s why. Millennial Homebuying Power While there’s no denying higher mortgage rates are making it more challenging to afford a home...

If You’re Thinking of Selling Your House This Fall, Hire a Pro

Written by Miramar Beach FL Mortgage Syndicated User on October 1, 2022. Posted in For Sellers, FSBOs, Miramar Beach Mortgage, Mortgage Miramar Beach FL, Selling Myths.

Today’s market is at a turning point, making it more essential than ever to work with a real estate professional. Not only will a trusted real estate advisor keep you updated and help you make the best decisions based on current market trends, but they’re also experts in managing the many aspects of selling your house. Here are five key reasons why working with a real estate professional makes sense today. 1. A Professional Follows the Latest Market Trends With higher mortgage rates and moderating buyer demand, conditions are changing and staying on top of the latest market information is...

A Trusted Real Estate Advisor Provides Expert Advice

Written by Miramar Beach FL Mortgage Syndicated User on September 1, 2022. Posted in For Buyers, For Sellers, Miramar Beach Mortgage, Mortgage Miramar Beach FL.

If you’re a homeowner or are planning to become one soon, you’re probably looking for clear information about today’s housing market. And if you’ve turned to the news or even just read headlines recently, you might feel like you’re left with more questions than answers. The best way to make sure you get what you need is to work with an expert. Why You Want To Lean on a Trusted Professional With any big milestone in life, it’s wise to seek advice from people who are experts in their field. While you likely want that advice to be perfect, perfect simply isn’t possible. But professionals...