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Author: Naples Mortgage Syndicated User

Sellers Are in a Sweet Spot [INFOGRAPHIC]

Written by Naples Mortgage Syndicated User on . Posted in Naples Florida Mortgage, Naples Mortgage.

Some Highlights In today’s sellers’ market, you’re set up to win big when you list your house. That’s because homes are selling fast, receiving 4.4 offers on average and often selling above the asking price. Then, when you buy your next home, you’ll also win by addressing your changing needs and taking advantage of near historic-low mortgage rates. If you’re ready to make a move, let’s connect so you can capitalize on today’s market and find your next dream home. Content previously posted on Keeping Current Matters href=”https://www.simplifyingthemarket.com/en/?a=429471-6e7ae3e7d7cea4059ea7d116981248f9″>Keeping...

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The Best Use of Time (and Money) When It Comes to Renovations

Written by Naples Mortgage Syndicated User on . Posted in Naples Florida Mortgage, Naples Mortgage.

In the current sellers’ market, many homeowners wonder what, if anything, needs to be remodeled before they list their house. That’s where a trusted real estate professional comes in. They can help you think through today’s market conditions and how they impact what you should – and shouldn’t – renovate before selling. Here are some considerations a professional will guide you through: 1. With current supply challenges, buyers may be willing to take on projects of their own. A more balanced market typically sees a 6-month supply of homes for sale. Above that, and we’re in a buyers’ market....

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Are Houses Less Affordable Than They Were in Past Decades?

Written by Naples Mortgage Syndicated User on . Posted in Naples Florida Mortgage, Naples Mortgage.

There are many headlines about how housing affordability is declining. The headlines are correct: it’s less affordable to purchase a home today than it was a year ago. However, it’s important to give this trend context. Is it less expensive to buy a house today than it was in 2005? What about 1995? What happens if we go all the way back to 1985? Or even 1975? Obviously, the price of a home has appreciated dramatically over the last 45 years. So have the prices of milk, bread, and just about every other consumable. Prices rise over time – we know it as inflation. However, when we look at housing,...

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Looking for a Place To Call Home? Consider a Condominium.

Written by Naples Mortgage Syndicated User on . Posted in Naples Florida Mortgage, Naples Mortgage.

It’s no secret that one of the top stories in today’s real estate market is low housing supply and high buyer demand. If you’re a first-time buyer looking for a starter home or are someone who’s interested in downsizing, it may be worth considering a condominium (condo) as a worthwhile option. In fact, trends indicate condos are gaining popularity among buyers. In the latest Existing Homes Sales Report from the National Association of Realtors (NAR), the data shows condo sales rising throughout the first half of this year (see graph below):There are a few reasons more and more people are opting...

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The Community and Economic Impacts of a Home Sale

Written by Naples Mortgage Syndicated User on . Posted in Naples Florida Mortgage, Naples Mortgage.

If you’re thinking of buying or selling a house, chances are you’re focusing on the many extraordinary ways it’ll change your life. What you may not realize is that decision impacts people’s lives far beyond your own. Home purchases and sales are significant drivers of economic activity. They have a major impact on your community and the entire U.S. economy via the multiple industries and professionals that take part in the process. The National Association of Realtors (NAR) releases a report each year that highlights just how much economic activity a home sale generates. The chart below shows...

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