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Tag: #hutchinsonislandmortgage

What Are Experts Saying About the Spring Housing Market?

If you’re planning to move soon, you might be wondering if there’ll be more homes to choose from, where prices and mortgage rates are headed, and how to navigate today’s market. If so, here’s what the professionals are saying about what’s in store for this season.Odeta Kushi, Deputy Chief Economist, First American:“. . . it seems our general expectation for the spring is that we will see a pickup in inventory. In fact, that already seems to be happening. But it won’t necessarily be enough to satiate demand.”Lisa Sturtevant, Chief Economist, Bright MLS:“There is still strong demand,...

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Does It Make Sense To Buy a Home Right Now?

Thinking about buying a home? If so, you’re probably wondering: should I buy now or wait? Nobody can make that decision for you, but here’s some information that can help you decide.What’s Next for Home Prices?Each quarter, Fannie Mae and Pulsenomics publish the results of the Home Price Expectations Survey (HPES). It asks more than 100 experts—economists, real estate professionals, and investment and market strategists—what they think will happen with home prices.In the latest survey, those experts say home prices are going to keep going up for the next five years (see graph below): Here’s...

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Homeowners Today Have Options To Avoid Foreclosure

Even with the latest data coming in, the experts agree there’s no chance of a large-scale foreclosure crisis like the one we saw back in 2008. While headlines may be calling attention to a slight uptick in foreclosure filings recently, the bigger picture is that we’re still well below the number we’d see in a more normal year for the housing market. As a report from BlackKnight explains:“The prospect of any kind of near-term surge in foreclosure activity remains low, with start volumes still nearly 40% below pre-pandemic levels.”That’s good news. It means the number of homeowners at risk is...

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4 Tips To Make Your Strongest Offer on a Home

Are you thinking about buying a home soon? If so, you should know today’s market is competitive in many areas because the number of homes for sale is still low – and that’s leading to multiple-offer scenarios. And moving into the peak homebuying season this spring, this is only expected to ramp up more.Remember these four tips to make your best offer.1. Partner with a Real Estate AgentRely on a real estate agent who can support your goals. As PODS notes:“Making an offer on a home without an agent is certainly possible, but having a pro by your side gives you a massive advantage in figuring out...

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Florida Mortgage | Home Equity Makes All the Difference When You Sell

Florida Mortgage | Home Equity Makes All the Difference When You Sell If you own a home, chances are you have a significant amount of equity in it. Let’s connect to find out how much. NMLS ID 1834853 #homeequity #sellingyourhome #floridamortgage #floridamortgagerates #floridamortgagecompany

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The Latest Trends in Housing [INFOGRAPHIC]

Some HighlightsWith the number of new listings going up and average days on market going down, buyers may have more options, but will still want to move fast.For sellers, inventory is still low and houses are selling fast, meaning your house should stand out and may get multiple offers if you price it right.If you want to know more about what’s happening in your area, connect with a local real estate agent.

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Florida Mortgage | Experts Project Home Prices Will Go Up in 2024

Florida Mortgage | Experts Project Home Prices Will Go Up in 2024 Experts project home prices will go up in 2024. Contact us to go over what is happening with home prices in your area. NMLS ID 1834853 #homeprices #floridamortgage #floridamortgagerates #floridamortgagecompany

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Why Today’s Seller’s Market Is Good for Your Bottom Line

Thinking about selling your house and wondering if now’s a good time to do it? Here’s what you need to know. Even though the number of homes for sale has been growing this year, there still aren’t enough homes on the market for all the buyers who want to buy.So, what does that mean for you? To keep it simple, it means it’s still a seller’s market. Here’s how it works:A neutral market is when supply and demand is balanced. Basically, there are enough homes to meet buyer demand based on the current sales pace, and home prices hold fairly steady.A buyer’s market is when there are more homes for...

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