Two Reasons Why the Housing Market Won’t Crash

Written by Flagler Beach Mortgage Syndicated User on October 10, 2024. Posted in Economy, Flagler Beach Condo Financing, Flagler Beach Mortgage, Flagler Beach Mortgage Rates, Inventory.

You may have heard chatter recently about the economy and talk about a possible recession. It’s no surprise that kind of noise gets some people worried about a housing market crash. Maybe you’re one of them. But here’s the good news – there’s no need to panic. The housing market is not set up for a crash right now.Real estate journalist Michele Lerner says:“A housing market crash happens when home values plummet due to a lack of demand for homes or an oversupply.”With that definition in mind, here are two reasons why this just isn’t on the horizon.1. Demand for Homes Is Higher than...

Why Now’s Not the Time To Take Your House Off the Market

Written by Flagler Beach Mortgage Syndicated User on October 9, 2024. Posted in Flagler Beach Condo Financing, Flagler Beach Mortgage, Flagler Beach Mortgage Rates, For Sellers, Selling Tips.

Has your house been sitting on the market longer than expected? If so, you’re bound to be frustrated by now. Maybe you’re even thinking it’s time to pull the listing and wait to see what 2025 brings. But what you may not realize is, the decision to hold off could actually cost you. Here’s a look at why staying the course could be the smarter move.Other Sellers Are Pulling Back. Should You Hold Off Too?According to recent data from Altos Research, the number of withdrawals is increasing – that means more sellers are opting to pull their listings off the market right now. And this isn’t...

Florida Mortgage | Lower Mortgage Rates Boost Your Buying Power

Written by Flagler Beach Mortgage Syndicated User on October 8, 2024. Posted in Flagler Beach Condo Financing, Flagler Beach Mortgage, Flagler Beach Mortgage Rates.

Lower Mortgage Rates Boost Your Buying Power | As rates drop, your monthly payment on your next home will too. Let’s connect to talk about how today’s rates boost your purchasing power. NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany

Now’s the Time To Upgrade to Your Dream Home

Written by Flagler Beach Mortgage Syndicated User on October 8, 2024. Posted in Equity, Flagler Beach Condo Financing, Flagler Beach Mortgage, Flagler Beach Mortgage Rates, For Sellers, Mortgage Rates.

If you’ve been wanting to sell your house and move up to a bigger or nicer home, you’re not alone. A recent Inman survey reveals the top motivator for today’s homebuyers is the desire for more space or an upgraded home (see graph below):But there’s also a good chance you, like many other people, have been holding off on that goal because of recent market challenges. It makes sense – when you’re planning an upgrade that could increase your monthly housing costs, affordability has a huge impact on when you make your move. But there’s good news: now’s actually a great time to make that move...

Florida Mortgage | Early Housing Market Forecasts for 2025

Written by Flagler Beach Mortgage Syndicated User on October 6, 2024. Posted in Flagler Beach Condo Financing, Flagler Beach Mortgage, Flagler Beach Mortgage Rates.

Early Housing Market Forecasts for 2025 | Thinking about moving in 2025? Here’s what experts say you can expect. Mortgage rates are projected to come down. More homes are expected to sell. And prices are forecast to go up. Let’s connect to talk about what this means for your plans to move. NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany #mortgagetips

Property Protection Measures

Written by Flagler Beach Mortgage Syndicated User on October 5, 2024. Posted in Flagler Beach Condo Financing, Flagler Beach Mortgage, Flagler Beach Mortgage Rates.

Flood Hazard

Written by Flagler Beach Mortgage Syndicated User on October 5, 2024. Posted in Flagler Beach Condo Financing, Flagler Beach Mortgage, Flagler Beach Mortgage Rates.

The Top 3 Reasons Affordability Is Improving

Written by Flagler Beach Mortgage Syndicated User on October 5, 2024. Posted in Affordability, Flagler Beach Condo Financing, Flagler Beach Mortgage, Flagler Beach Mortgage Rates, Home Prices, Infographics, Mortgage Rates.

Some HighlightsAffordability is based on three key factors: mortgage rates, home prices, and wages.And today, it’s improving quickly as rates come down, prices level off, and wages climb. If you put your search on pause because it was too expensive to buy, connect with an agent to talk about why now may be the perfect time to jump back in.