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

Written by Emerald Coast Mortgage Syndicated User on December 1, 2022. Posted in Emerald Coast Mortgage, For Sellers, Housing Market Updates, Millennials, Mortgage Emerald Coast.

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...

3 Trends That Are Good News for Today’s Homebuyers

Written by Emerald Coast Mortgage Syndicated User on November 1, 2022. Posted in Emerald Coast Mortgage, First Time Home Buyers, For Buyers, Housing Market Updates, Mortgage Emerald Coast, Move-Up Buyers.

While higher mortgage rates are creating affordability challenges for homebuyers this year, there is some good news for those people still looking to buy a home. As the market has cooled this year, some of the intensity buyers faced during the peak frenzy of the pandemic has cooled too. Here are just a few trends that may benefit you when you go to buy a home today. 1. More Homes To Choose from During the pandemic, housing supply hit a record low at the same time buyer demand skyrocketed. This combination made it difficult to find a home because there just weren’t enough to meet buyer...

Applying for a Mortgage Doesn’t Have To Be Scary [INFOGRAPHIC]

Written by Emerald Coast Mortgage Syndicated User on November 1, 2022. Posted in Emerald Coast Mortgage, First Time Home Buyers, For Buyers, Infographics, Mortgage Emerald Coast, Move-Up Buyers.

Some Highlights Even with higher mortgage rates, the mortgage process doesn’t need to be something you fear. Here are some steps to help as you set out to buy a home. Know your credit score and work to build strong credit. When you’re ready, lean on the pros and connect with a lender so you can get pre-approved and begin your home search. Any major life change can be scary, and buying a home is no different. Let’s connect so you have an advisor by your side to take fear out of the equation. Content previously posted on Keeping Current Matters

Taking the Fear out of Saving for a Home

Written by Emerald Coast Mortgage Syndicated User on November 1, 2022. Posted in Buying Myths, Down Payments, Emerald Coast Mortgage, First Time Home Buyers, For Buyers, Mortgage Emerald Coast, Move-Up Buyers.

If you’re planning to buy a home, knowing what to budget for and how to save may sound scary at first. But it doesn’t have to be. One way to take the fear out of budgeting is understanding some of the costs you might encounter. And to do that, turn to trusted real estate professionals. They can help you plan your finances and prepare your budget. Here are just a few costs experts say you can expect. 1. Down Payment Saving for your down payment is likely top of mind as you set out to buy a home. But do you know how much you’ll need to save? While each situation is different, there’s a...

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

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

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...

Why Buying a Home May Make More Sense Than Renting [INFOGRAPHIC]

Written by Emerald Coast Mortgage Syndicated User on October 1, 2022. Posted in Emerald Coast Mortgage, First Time Home Buyers, For Buyers, Infographics, Mortgage Emerald Coast, Rent vs. Buy.

Some Highlights If you’re trying to decide whether to rent or buy a home, consider the advantages homeownership offers. Buying a home can help you escape the cycle of rising rents, it’s a powerful wealth-building tool, and it’s typically considered a good hedge against inflation. If you’re ready to take advantage of the benefits of homeownership, let’s connect to explore your options. Content previously posted on Keeping Current Matters

Why You Should Consider Condos as Part of Your Home Search

Written by Emerald Coast Mortgage Syndicated User on October 1, 2022. Posted in Emerald Coast Mortgage, First Time Home Buyers, For Buyers, Housing Market Updates, Mortgage Emerald Coast.

The historically low inventory over the past few years led to challenges for many buyers trying to find a home that met their needs and their budget. If you’re in the same boat, you should know the recent shift in the housing market may have opened up doors for you to restart your search. The inventory of homes for sale has increased this year, and that’s giving buyers much needed options. As Danielle Hale, Chief Economist at realtor.com, says: “. . . today’s shoppers have more than 5 homes to consider for every 4 they had at this time a year ago.” But perspective is important....

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

Written by Emerald Coast Mortgage Syndicated User on October 1, 2022. Posted in Emerald Coast Mortgage, For Sellers, FSBOs, Mortgage Emerald Coast, 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...

New Homes May Have the Incentives You’re Looking for Today

Written by Emerald Coast Mortgage Syndicated User on September 1, 2022. Posted in Emerald Coast Mortgage, First Time Home Buyers, For Buyers, Housing Market Updates, Mortgage Emerald Coast, Move-Up Buyers, New Construction.

According to the U.S. Census Bureau, this year, builders are on pace to complete more than a million new homes in this country. If you’ve had trouble finding a home to buy over the past year, it may be time to work with your trusted agent to consider a new build and the incentives that come with it. Here’s why. The Supply of Newly Built Homes Is Rising When looking for a home, you can choose between existing homes (those that are already built and previously owned) and newly constructed ones. While the inventory of existing homes is on the rise today, it’s still in tight supply, meaning it...

Buyers: You May Face Less Competition as Bidding Wars Ease

One of the top stories in recent real estate headlines was the intensity and frequency of bidding wars. With so many buyers looking to purchase a home and so few of them available for sale, fiercely competitive bidding wars became the norm during the pandemic – and it drove home prices up. If you tried to buy a house over the past two years, you probably experienced this firsthand and may have been outbid on several homes along the way. But here’s the news you’ve been waiting for: data shows clear signs bidding wars are easing this year. According to the National Association of Realtors...

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