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Category: Condotel Mortgage Financing

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Florida Mortgage | Here’s What Housing Experts Forecast for the Rest of 2022

Written by Condotel Financing Florida Syndicated User on . Posted in Condotel Financing Florida, Condotel Mortgage Financing, Florida Condotel.

Florida Mortgage | Here’s What Housing Experts Forecast for the Rest of 2022 | Nationally, home prices are forecast to appreciate, just at a more moderate pace than last year. NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany

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Expert Forecasts on Mortgage Rates

Written by Condotel Financing Florida Syndicated User on . Posted in Condotel Financing Florida, Condotel Mortgage Financing, Florida Condotel, Housing Market Updates, Interest Rates, Mortgage.

If you’ve been thinking of buying a home, you may have been watching what’s happened with mortgage rates over the past year. It’s true they’ve risen dramatically, but where will they go from here, especially as the market continues to slow? As you think about your homeownership goals and decide if now’s the time to make your move, the best place to turn to for that information is the professionals. Here’s a summary of the latest mortgage rate forecasts from housing market experts. Experts Project Mortgage Rates Will Stabilize While mortgage rates continue to fluctuate due to ongoing inflationary...

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How Owning a Home Builds Your Net Worth

Written by Condotel Financing Florida Syndicated User on . Posted in Condotel Financing Florida, Condotel Mortgage Financing, First Time Home Buyers, Florida Condotel, For Buyers, Mortgage.

Owning a home is a major financial milestone and an achievement to take pride in. One major reason: the equity you build as a homeowner gives your net worth a big boost. And with high inflation right now, the link between owning your home and building your wealth is especially important. If you’re looking to increase your financial security, here’s why now could be a good time to start on your journey toward homeownership. Owning a Home Is a Key Ingredient for Financial Success A report from the National Association of Realtors (NAR) details several homeownership trends, including a significant...

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Here’s Why It’s Still a Sellers’ Market [INFOGRAPHIC]

Written by Condotel Financing Florida Syndicated User on . Posted in Condotel Financing Florida, Condotel Mortgage Financing, Florida Condotel, For Sellers, Housing Market Updates, Infographics, Mortgage, Selling Myths.

Some Highlights While buyer demand has moderated and housing supply has grown in recent months, it’s still a sellers’ market because inventory is low. The latest data shows sellers continue to benefit from serious buyers and competitive offers. In July, the average home received 2.8 offers and 39% sold over the asking price. You haven’t missed your opportunity to sell. Let’s connect to start the process today.   Content previously posted on Keeping Current Matters

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

Written by Condotel Financing Florida Syndicated User on . Posted in Condotel Financing Florida, Condotel Mortgage Financing, First Time Home Buyers, Florida Condotel, For Buyers, Housing Market Updates, Mortgage, 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...

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Buyers: You May Face Less Competition as Bidding Wars Ease

Written by Condotel Financing Florida Syndicated User on . Posted in Condotel Financing Florida, Condotel Mortgage Financing, First Time Home Buyers, Florida Condotel, For Buyers, Housing Market Updates, Mortgage, Move-Up Buyers.

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 (NAR),...

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What’s Actually Happening with Home Prices Today?

Written by Condotel Financing Florida Syndicated User on . Posted in Condotel Financing Florida, Condotel Mortgage Financing, Florida Condotel, For Buyers, For Sellers, Housing Market Updates, Mortgage, Pricing.

One of the biggest questions people are asking right now is: what’s happening with home prices? There are headlines about ongoing price appreciation, but at the same time, some sellers are reducing the price of their homes. That can feel confusing and makes it more difficult to get a clear picture. Part of the challenge is that it can be hard to understand what experts are saying when the words they use sound similar. Let’s break down the differences among those terms to help clarify what’s actually happening today. Appreciation is when home prices increase. Depreciation is when home prices...

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