Sellers Have an Opportunity with Today’s Home Prices

Written by Naples Mortgage Syndicated User on May 25, 2022. Posted in For Sellers, Housing Market Updates, Move-Up Buyers, Naples Florida Mortgage, Naples Mortgage, Pricing.

As mortgage rates started to rise this year, many homeowners began to wonder if the value of their homes would fall. Here’s the good news. Historically, when mortgage rates rise by a percentage point or more, home values continue to appreciate. The latest data on home prices seems to confirm that trend. According to data from CoreLogic, home price appreciation has been re-accelerating since November. The graph below shows this increase in home price appreciation in green: This is largely due to an ongoing imbalance in supply and demand. Specifically, housing supply is still low, and demand...

Work With a Real Estate Professional if You Want the Best Advice

Written by Naples Mortgage Syndicated User on May 24, 2022. Posted in For Buyers, For Sellers, Naples Florida Mortgage, Naples Mortgage.

Because buying or selling a home is such a big decision in our lives, the need for clear, trustworthy information and guidance is crucial. And while no one can give you perfect advice, when you align yourself with an expert, you’ll get the best advice for your situation. An Expert Will Give You the Best Advice Possible Let’s say you need an attorney, so you seek out an expert in the type of law required for your case. When you go to their office, they won’t immediately tell you how the case is going to end or how the judge or jury will rule. What a good attorney can do, though, is discuss...

Florida Mortgage | Sarasota-Bradenton Historic Median Home Price In March 2022

Written by Naples Mortgage Syndicated User on May 22, 2022. Posted in Naples Florida Mortgage, Naples Mortgage.

Florida Mortgage | What’s on the Horizon for the Housing Market in the Second Half of 2022?

Written by Naples Mortgage Syndicated User on May 21, 2022. Posted in Naples Florida Mortgage, Naples Mortgage.

Don’t Let Rising Inflation Delay Your Homeownership Plans [INFOGRAPHIC]

Written by Naples Mortgage Syndicated User on May 21, 2022. Posted in Buying Myths, First Time Home Buyers, For Buyers, Infographics, Naples Florida Mortgage, Naples Mortgage.

Some Highlights If recent headlines about rising inflation are making you wonder if it’s still a good time to buy, here’s what experts have to say. Housing is an asset that typically grows in value. Plus, your mortgage helps stabilize your monthly housing costs, and buying protects you from rising rents. Experts say owning a home is historically a good hedge against inflation. Let’s connect if you’re ready to start the homebuying process today. Content previously posted on Keeping Current Matters

The One Thing Every Homeowner Needs To Know About a Recession

Written by Naples Mortgage Syndicated User on May 20, 2022. Posted in For Buyers, For Sellers, Housing Market Updates, Naples Florida Mortgage, Naples Mortgage.

A recession does not equal a housing crisis. That’s the one thing that every homeowner today needs to know. Everywhere you look, experts are warning we could be heading toward a recession, and if true, an economic slowdown doesn’t mean homes will lose value. The National Bureau of Economic Research (NBER) defines a recession this way: “A recession is a significant decline in economic activity spread across the economy, normally visible in production, employment, and other indicators. A recession begins when the economy reaches a peak of economic activity and ends when the economy reaches its...

How Homeownership Can Bring You Joy

Written by Naples Mortgage Syndicated User on May 19, 2022. Posted in First Time Home Buyers, For Buyers, Naples Florida Mortgage, Naples Mortgage, Rent vs. Buy.

If you’re trying to decide whether to rent or buy a home, you’re probably weighing a few different factors. The financial benefits of homeownership might be one of the reasons you want to make a purchase if you’re a renter, but the decision can also be motivated by having a place that’s uniquely your own. If you want to express yourself by upgrading and customizing your living space but are feeling held back by your rental agreement, it might be time to consider the perks of owning your home. A Little Change Can Bring Lots of Joy There’s a significant level of pride that comes from owning a...

Why Rising Mortgage Rates Push Buyers off the Fence

Written by Naples Mortgage Syndicated User on May 18, 2022. Posted in Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers, Naples Florida Mortgage, Naples Mortgage.

If you’re thinking about buying a home, you’ve probably heard mortgage rates are rising and have wondered what that means for you. Since mortgage rates have increased over two percentage points this year, it’s natural to think about how this will impact your homeownership plans. Today, buyers are reacting in one of two ways: they’re either making the decision to buy now before rates climb higher or they’re waiting it out in hopes rates will fall. Let’s look at some context that can help you understand why so many buyers are jumping off the fence and into action rather than waiting to buy. A...