What’s Driving Today’s High Buyer Demand? [INFOGRAPHIC]

Written by Fort Myers Mortgage Syndicated User on February 18, 2022. Posted in For Sellers, Fort Myers Mortgage, Housing Market Updates, Infographics, Mortgage Fort Myers.

Some Highlights There’s an influx of buyers looking for homes today, and that means your house is in high demand. Here are a few reasons why so many people are looking to buy a home. Buyers are motivated to beat rising mortgage rates, and many want to escape rising rents. There’s also additional demand from millennials who are reaching peak homebuying age. If you’re thinking about selling your house, today’s demand is great news. Let’s connect to begin the process of listing your house while buyers are ready to purchase. Content previously posted on Keeping Current Matters

4 Simple Graphs Showing Why This Is Not a Housing Bubble

Written by Fort Myers Mortgage Syndicated User on February 17, 2022. Posted in Fort Myers Mortgage, Housing Market Updates, Interest Rates, Mortgage Fort Myers, Pricing.

A recent survey revealed that many consumers believe there’s a housing bubble beginning to form. That feeling is understandable, as year-over-year home price appreciation is still in the double digits. However, this market is very different than it was during the housing crash 15 years ago. Here are four key reasons why today is nothing like the last time. 1. Houses Are Not Unaffordable Like They Were During the Housing Boom The affordability formula has three components: the price of the home, wages earned by the purchaser, and the mortgage rate available at the time. Conventional lending...

More People Are Planning To Buy a Home Soon

Written by Fort Myers Mortgage Syndicated User on February 16, 2022. Posted in For Sellers, Fort Myers Mortgage, Housing Market Updates, Mortgage Fort Myers.

While some homeowners may be tempted to hold off until spring to list their houses, you should know – homebuyers aren’t waiting. Demand is high today as more people are trying to beat rising mortgage rates. As a result, eager buyers are entering the market or moving their plans up so they can make their purchases as soon as possible. The most recent Consumer Confidence Survey finds that, of those surveyed, the percentage of people planning to buy over the next six months has increased substantially since last fall (see graph below): As the graph shows, the number of consumers fast-tracking...

What Every Seller Needs To Know About Renovating This Year

Written by Fort Myers Mortgage Syndicated User on February 15, 2022. Posted in For Sellers, Fort Myers Mortgage, Mortgage Fort Myers, Selling Myths.

If you’re planning to sell this year, you’re probably thinking about what you’ll need to do to get your house ready to appeal to the most buyers. It’s crucial to work with a trusted real estate professional who knows your local market to get your home ready to sell. But there are a few things you should consider when deciding what to renovate and update before listing this season. Here are three things to keep top of mind as you’re making your list of projects to tackle this year. 1. The Number of Homes for Sale Is Very Low Housing inventory sits far below what is normally considered a balanced...

Are You Ready To Fall in Love with Homeownership?

Written by Fort Myers Mortgage Syndicated User on February 14, 2022. Posted in First Time Home Buyers, For Buyers, Fort Myers Mortgage, Mortgage Fort Myers.

Financial benefits are always a key aspect of homeownership, but it’s also important to understand that the nonfinancial and personal benefits are why so many people genuinely fall in love with their homes. When you own your home, you likely feel a sense of emotional attachment because of the comfort it provides, but also because it’s a space that’s truly yours. Over the past two years, we’ve learned to love our homes even more as we’ve stayed home more than ever due to the ongoing pandemic. As a result, the personal and emotional benefits our homes provide have become even more important to...

How To Win as a Buyer in a Sellers’ Market [INFOGRAPHIC]

Written by Fort Myers Mortgage Syndicated User on February 11, 2022. Posted in Down Payments, First Time Home Buyers, For Buyers, Fort Myers Mortgage, Infographics, Mortgage Fort Myers, Move-Up Buyers.

Some Highlights Even in today’s sellers’ market, there are still ways for buyers to win big. Build a team of trusted professionals and make strategic plays as you budget and pick your desired neighborhoods. Then, be ready for the competition by getting a pre-approval letter and leaning on your expert advisors to draft a winning offer. In a sellers’ market, you can still be the champion if you have the right team and strategy. Let’s connect today to make your game-winning play. Content previously posted on Keeping Current Matters

Florida Mortgage | Is This Your Year To Break Up with Renting?

Written by Fort Myers Mortgage Syndicated User on February 11, 2022. Posted in Fort Myers Mortgage, Mortgage Fort Myers.

Florida Mortgage | Is This Your Year To Break Up with Renting? If you aren’t in love with renting, you’re not alone. Let’s connect so you can break up with your rental and start your journey toward homeownership. NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany

Want Top Dollar for Your House? Now’s the Time To List It.

Written by Fort Myers Mortgage Syndicated User on February 10, 2022. Posted in For Sellers, Fort Myers Mortgage, Housing Market Updates, Mortgage Fort Myers.

When you’re selling any item, you usually want to sell it for the greatest profit possible. That happens when there’s a strong demand and a limited supply for that item. In the real estate market, that time is right now. If you’re thinking of selling your house this year, here are two reasons why now’s the time to list. 1. Demand Is Very Strong This Winter A recent article in Inman News explains: “Spring, the hottest time of year for homebuyers and sellers, has started early, according to economists. . . . ‘Home shopping season appears to already be in full swing!’” And they aren’t the only...

The Path To Homeownership Can Be Steeper for Some Americans

Written by Fort Myers Mortgage Syndicated User on February 9, 2022. Posted in Demographics, First Time Home Buyers, For Buyers, Fort Myers Mortgage, Housing Market Updates, Mortgage Fort Myers.

As we celebrate Black History Month, we honor and recognize the past and present experiences of Black Americans. A significant part of this experience is investing in a home of their own. While equitable access to housing has come a long way, the path to homeownership is still steeper for households of color. It’s an important experience to talk about, along with how working with the right real estate experts can make all the difference for diverse homebuyers. We know it’s a more challenging journey to achieve homeownership for some because there’s still a measurable gap between the overall...

Don’t Let Student Loans Delay Your Homeownership Dreams

Written by Fort Myers Mortgage Syndicated User on February 8, 2022. Posted in Buying Myths, Down Payments, First Time Home Buyers, For Buyers, Fort Myers Mortgage, Mortgage Fort Myers.

If you’re looking to buy a home, you may be wondering how your student loan debt could impact those plans. Do you have to wait until you’ve paid off your student loans before you can buy your first home? Or could you qualify for a home loan with that debt? To give you the answers you’re searching for, let’s take a look at what recent data shows. That way, you know what to expect and what to do next to achieve your dream of becoming a homeowner. While everyone’s situation is unique, your goal may be more within your reach than you realize. Do you have to delay your plans because of student loans? If...

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