4 Things Every Renter Needs To Consider

Written by Fort Myers Mortgage Syndicated User on November 15, 2021. Posted in First Time Home Buyers, For Buyers, Fort Myers Mortgage, Housing Market Updates, Mortgage Fort Myers, Rent vs. Buy.

As a renter, you’re constantly faced with the same dilemma: keep renting for another year or purchase a home? Your answer depends on your current situation and future plans, but there are a number of benefits to homeownership every renter needs to consider. Here are a few things you should think about before you settle on renting for another year. 1. Rents Are Rising Quickly Rent increasing each year isn’t new. Looking back at Census data confirms rental prices have gone up consistently for decades (see graph below):If you’re a renter, you’re faced with payments that continue to climb each...

Should I Update My House Before I Sell It? [INFOGRAPHIC]

Written by Fort Myers Mortgage Syndicated User on November 12, 2021. Posted in For Sellers, Fort Myers Mortgage, Infographics, Mortgage Fort Myers.

Some Highlights If you’re deciding whether you should make updates before you sell your house, lean on your agent to be your guide. If the market is flooded with houses for sale, updates may be necessary for your house to stand out. In our current sellers’ market, the added expenses might not be worth it. Let’s connect so you have expert advice on which updates are important in today’s market. Content previously posted on Keeping Current Matters

VA Loans: Helping Veterans Achieve Their Homeownership Dreams

Written by Fort Myers Mortgage Syndicated User on November 11, 2021. Posted in Buying Myths, Down Payments, For Buyers, Fort Myers Mortgage, Mortgage Fort Myers, Time-sensitive.

The purpose of Veterans Affairs (VA) home loans is to provide a pathway to homeownership for those who have sacrificed so much by serving our nation. As the Veterans Administration says of the program: “The objective of the VA Home Loan Guaranty program is to help eligible Veterans, active-duty personnel, surviving spouses, and members of the Reserves and National Guard purchase, retain, and adapt homes in recognition of their service. . . .” For over 75 years, VA home loans have provided millions of veterans and their families the opportunity to purchase their own homes. 2020 Data on VA...

Florida Mortgage Experts | Two Reasons To Move This Year

Written by Fort Myers Mortgage Syndicated User on November 11, 2021. Posted in Fort Myers Mortgage, Mortgage Fort Myers.

Florida Mortgage | Two Reasons To Move This Year | Home prices and mortgage rates are forecast to rise. Let’s connect so you can sell your house and find your next home before it costs more to move. NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany

What’s Happening with Home Prices?

Written by Fort Myers Mortgage Syndicated User on November 10, 2021. Posted in For Buyers, For Sellers, Fort Myers Mortgage, Housing Market Updates, Mortgage Fort Myers, Pricing.

Many people have questions about home prices right now. How much have prices risen over the past 12 months? What’s happening with home values right now? What’s projected for next year? Here’s a look at the answers to all three of these questions. How much have home values appreciated over the last 12 months? According to the latest Home Price Index from CoreLogic, home values have increased by 18.1% compared to this time last year. Additionally, prices have gone up at an accelerated pace for each of the last eight months (see graph below):The increase in the rate of appreciation that’s shown...

How Sellers Win When Housing Inventory Is Low

Written by Fort Myers Mortgage Syndicated User on November 9, 2021. Posted in For Sellers, Fort Myers Mortgage, Housing Market Updates, Mortgage Fort Myers, Pricing.

In today’s housing market, the number of homes for sale is much lower than the strong buyer demand. As a result, homeowners ready to sell have a significant advantage. Here are three ways today’s low inventory will set you up for a win when you sell this season. 1. Higher Prices With so many more buyers in the market than homes available for sale, homebuyers are frequently getting into bidding wars for the houses they want to purchase. According to the latest data from the National Association of Realtors (NAR), homes are receiving an average of 3.7 offers in today’s market. This buyer competition...

Two Graphs That Show Why You Shouldn’t Be Upset About 3% Mortgage Rates

Written by Fort Myers Mortgage Syndicated User on November 8, 2021. Posted in First Time Home Buyers, For Buyers, Fort Myers Mortgage, Housing Market Updates, Interest Rates, Mortgage Fort Myers, Move-Up Buyers.

With the average 30-year fixed mortgage rate from Freddie Mac climbing above 3%, rising rates are one of the topics dominating the discussion in the housing market today. And since experts project rates will rise further in the coming months, that conversation isn’t going away any time soon. But as a homebuyer, what do rates above 3% really mean? Today’s Average Mortgage Rate Still Presents Buyers with a Great Opportunity Buyers don’t want mortgage rates to rise, as any upward movement increases your monthly mortgage payment. But it’s important to put today’s average mortgage rate into perspective....

Florida Mortgage | Your Perfect Home Is the One You Perfect After You Buy

Written by Fort Myers Mortgage Syndicated User on November 6, 2021. Posted in Fort Myers Mortgage, Mortgage Fort Myers.

Florida Mortgage | Your Perfect Home Is the One You Perfect After You Buy Don’t give up the search just because you haven’t found a home that checks every box. Let’s connect to see which of your "must haves" can be accomplished after you purchase. NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany

Numbers Don’t Lie – It’s Still a Great Time To Sell [INFOGRAPHIC]

Written by Fort Myers Mortgage Syndicated User on November 5, 2021. Posted in For Sellers, Fort Myers Mortgage, Housing Market Updates, Infographics, Mortgage Fort Myers, Selling Myths.

Some Highlights Heading into the end of the year, you might wonder if it’s still a good time to sell your house. Here’s what the latest data from the National Association of Realtors (NAR) says. Housing supply is lower than last year, and home prices are up nationwide. Meanwhile, the average home is selling fast and receiving several offers. Listing now puts your house in the spotlight, meaning it could sell quickly – and for more than you’d expect. Feeling motivated? If you’re ready to sell and capitalize on today’s market, let’s connect. Content previously posted on Keeping Current Ma...

Why a Wave of Foreclosures Is Not on the Way

Written by Fort Myers Mortgage Syndicated User on November 4, 2021. Posted in Distressed Properties, Foreclosures, Fort Myers Mortgage, Housing Market Updates, Mortgage Fort Myers, Pricing, Short Sales.

With forbearance plans coming to an end, many are concerned the housing market will experience a wave of foreclosures similar to what happened after the housing bubble 15 years ago. Here are a few reasons why that won’t happen. There are fewer homeowners in trouble this time After the last housing crash, about 9.3 million households lost their homes to a foreclosure, short sale, or because they simply gave it back to the bank. As stay-at-home orders were issued early last year, the fear was the pandemic would impact the housing industry in a similar way. Many projected up to 30% of all mortgage...

Category: Fort Myers Mortgage