Category: Fort Myers Mortgage

At Fidelity Home Group, we are Fort Myers Florida mortgage experts! We offer more options, more transparency and a simpler way to find the right mortgage program for your unique situation.

Fort Myers is known as the “City of Palms” for the beautification efforts that begun in the late 1800s, Fort Myers is frequently cited by tourists for its stunning royal palms lining McGregor Boulevard — some towering at 75 feet. Tourists are also drawn to the eclectic mix of shops and clubs emerging as part of the downtown revitalization in Fort Myers. Boating along the scenic Caloosahatchee River, tropical gardening; and 43 golf courses provide something for everyone.

Nestled along the scenic shoreline of the Caloosahatchee River, the city has become an interesting blend of residents of all ages. Sporting the youngest population in Lee County with a median age of 32. The renovated Fort Myers downtown historic waterfront highlights new restaurants, nightclubs, condominiums, and artistic venues providing energy and growth.

Why 2021 Is Still the Year To Sell Your House

Written by Fort Myers Mortgage Syndicated User on August 25, 2021. Posted in Fort Myers Mortgage, Mortgage Fort Myers.

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...

CRA Financials

Written by Fort Myers Mortgage Syndicated User on August 24, 2021. Posted in Fort Myers Mortgage, Mortgage Fort Myers.

City of Fort Myers Community Redevelopment Agency financial information. City of Fort Myers

Transparency Portal

Written by Fort Myers Mortgage Syndicated User on August 24, 2021. Posted in Fort Myers Mortgage, Mortgage Fort Myers.

The City of Fort Myers is committed to providing access to public records and data. City of Fort Myers

What To Do with Your Vacation Home as Summer Ends

Written by Fort Myers Mortgage Syndicated User on August 24, 2021. Posted in Fort Myers Mortgage, Mortgage Fort Myers.

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...

What Do Experts Say About Today’s Mortgage Rates?

Written by Fort Myers Mortgage Syndicated User on August 23, 2021. Posted in Fort Myers Mortgage, Mortgage Fort Myers.

Mortgage rates are hovering near record lows, and that’s good news for today’s homebuyers. The graph below shows mortgage rates dating back to 2016 and where today falls by comparison. Generally speaking, when rates are low, you can afford more home for your money. That’s why experts across the industry agree – today’s low rates present buyers with an incredible opportunity. Here’s what they have to say: Sam Khater, Chief Economist at Freddie Mac, points out the historic nature of today’s rates: “As the economy works to get back to its pre-pandemic self, and the fight against COVID-19...

Options for First-Time Homebuyers [INFOGRAPHIC]

Written by Fort Myers Mortgage Syndicated User on August 20, 2021. Posted in Fort Myers Mortgage, Mortgage Fort Myers.

Some Highlights With a housing market this competitive, sometimes you have to think outside the box. Work with your trusted real estate advisors to do things like assess your budget, expand your search radius, look into other options, and determine your true needs. If you’re having trouble finding your first home, let’s connect to explore your options. It’s out there! Content previously posted on Keeping Current Matters href=”https://www.simplifyingthemarket.com/en/?a=429471-6e7ae3e7d7cea4059ea7d116981248f9″>Keeping Current Matters

Boating Resources

Written by Fort Myers Mortgage Syndicated User on August 19, 2021. Posted in Fort Myers Mortgage, Mortgage Fort Myers.

Boating resources can be bought through the E-Catalog. City of Fort Myers

More Young People Are Buying Homes

Written by Fort Myers Mortgage Syndicated User on August 19, 2021. Posted in Fort Myers Mortgage, Mortgage Fort Myers.

There’s a common misconception that younger generations aren’t interested in homeownership. Many people point to the fact that millennials put off purchasing their first home as a reason for this belief. Odeta Kushi, Deputy Chief Economist for First American, explains why millennials have put off certain milestones linked to homeownership. Those delays led to their homeownership rates trailing slightly behind older generations: “Historically, millennials have delayed the critical lifestyle choices often linked to buying a first home, including getting married and having children, in order...

Real Estate: It’s Still a Lack of Supply, Not a Lack of Demand

Written by Fort Myers Mortgage Syndicated User on August 18, 2021. Posted in Fort Myers Mortgage, Mortgage Fort Myers.

One of the major questions real estate experts are asking today is whether prospective homebuyers still believe purchasing a home makes sense. Some claim rapidly rising home prices are impacting demand and, by extension, leading to the recent slowdown in sales activity. However, demand isn’t the real issue. Instead, it’s the lack of supply (homes available for sale). An article from the Wall Street Journal shows this is true for new home construction: “Home builders have sold more homes than they can build. Now they are limiting their sales in an effort to catch up.” The article quotes...

What Does Being in a Sellers’ Market Mean?

Written by Fort Myers Mortgage Syndicated User on August 17, 2021. Posted in Fort Myers Mortgage, Mortgage Fort Myers.

Whether or not you’ve been following the real estate industry lately, there’s a good chance you’ve heard we’re in a serious sellers’ market. But what does that really mean? And why are conditions today so good for people who want to list their house? It starts with the number of houses available for sale. The latest Existing Home Sales Report from the National Association of Realtors (NAR) shows housing supply is still astonishingly low. Today, we have a 2.6-month supply of homes at the current sales pace. Historically, a 6-month supply is necessary for a ‘normal’ or ‘neutral’ market in...