Your Agent Is Key When Pricing Your House [INFOGRAPHIC]

Written by Emerald Coast Mortgage Syndicated User on September 3, 2021. Posted in Emerald Coast Mortgage, Mortgage Emerald Coast.

Some Highlights Pricing your house right takes market experience and expertise. To find the best list price, your agent balances current market demand, values of homes in your neighborhood, where prices are headed, and your home’s condition. If you’re ready to sell, don’t guess on the price. Let’s connect today so we price your house to attract multiple offers and maximize your return on investment. Content previously posted on Keeping Current Matters Keeping Current Matters

5 Reasons Today’s Housing Market Is Anything but Normal

Written by Emerald Coast Mortgage Syndicated User on September 2, 2021. Posted in Emerald Coast Mortgage, Mortgage Emerald Coast.

There are many headlines out there that claim we’re reverting to a more normal real estate market. That would indicate the housing market is returning to the pre-pandemic numbers we saw from 2015-2019. But that’s not happening. The market is still extremely vibrant as demand is still strong even while housing supply is slowly returning. Here’s the definition of normal from the Merriam-Webster Dictionary: “conforming to a type, standard, or regular pattern: characterized by that which is considered usual, typical, or routine.” Using this definition, here are five housing industry metrics...

What Buyers and Sellers Need To Know About the Appraisal Gap

Written by Emerald Coast Mortgage Syndicated User on August 31, 2021. Posted in Emerald Coast Mortgage, Mortgage Emerald Coast.

It’s economy 101 – when supply is low and demand is high, prices naturally rise. That’s what’s happening in today’s housing market. Home prices are appreciating at near-historic rates, and that’s creating some challenges when it comes to home appraisals. In recent months, it’s become increasingly common for an appraisal to come in below the contract price on the house. Shawn Telford, Chief Appraiser for CoreLogic, explains it like this: “Recently, we observed buyers paying prices above listing price and higher than the market data available to appraisers can support. This difference is...

Your Checklist To Get Ready To Sell [INFOGRAPHIC]

Written by Emerald Coast Mortgage Syndicated User on August 27, 2021. Posted in Emerald Coast Mortgage, Mortgage Emerald Coast.

Some Highlights When it comes to selling your house, you want it to look its best inside and out. It’s important to focus on tasks that can make it inviting, show it’s cared for, and boost your curb appeal for prospective buyers. Let’s connect to make sure your house shows well and catches a buyer’s eye. Content previously posted on Keeping Current Matters Keeping Current Matters

Why 2021 Is Still the Year To Sell Your House

Written by Emerald Coast Mortgage Syndicated User on August 25, 2021. Posted in Emerald Coast Mortgage, Mortgage Emerald Coast.

If you’re trying to decide whether or not to sell your house, this is the time to think seriously about making a move. Fannie Mae’s recent Home Purchase Sentiment Index (HPSI) reveals the number of respondents who say it’s a good time to sell is higher now than it was over the past few summers (see graph below). Today, the majority of consumers, 75 percent, say it’s a good time to sell a house. Why is sellers sentiment up year-over-year? The higher good time to sell sentiment has to do with today’s market conditions, specifically low housing supply and high buyer demand. In the simplest...

What To Do with Your Vacation Home as Summer Ends

Written by Emerald Coast Mortgage Syndicated User on August 24, 2021. Posted in Emerald Coast Mortgage, Mortgage Emerald Coast.

As summer comes to a close, is it time to think about selling your vacation home? Based on recent data and expert opinions, it’s something you may want to consider. According to research from the National Association of Realtors (NAR), vacation home sales are up 57.2% year-over-year for January-April 2021. If you’ve taken your last vacation this summer, here are reasons you should consider selling your vacation home this year. 1. Remote work continues to drive demand for vacation homes. As the report from NAR says, based on continuously evolving work needs, there could be more interest in...

Tag: For Sellers