Category: For Buyers

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Big Investors Are Backing Off and That’s Your Opening

Written by Condotel Financing Florida Syndicated User on August 6, 2026. Posted in Condotel Financing Florida, Condotel Mortgage Financing, First-Time Buyers, Florida Condotel, For Buyers, Mortgage.

For years, a lot of would-be homebuyers have worried about the same thing. How do you compete with big investors who can swoop in, pay cash, and snap up the houses you want?Well, worry a little less. Because right now, those big investors aren’t buying up the market. They’re backing out of it.Investors Are Buying Fewer Homes Than They Have in YearsAccording to Redfin, investor home purchases just fell to their lowest level since 2020 – when the start of the pandemic temporarily caused pretty much all homebuying to pull way back. Before that, you’d have to go all the way...

Buying a Home? Here’s What You Should Know About Home Insurance Costs.

Written by Condotel Financing Florida Syndicated User on July 31, 2026. Posted in Affordability, Buying Tips, Condotel Financing Florida, Condotel Mortgage Financing, Florida Condotel, For Buyers, Mortgage.

If buying a home is on your radar, you’ve probably been keeping an eye on mortgage rates and home prices. But don’t forget about homeowners insurance. Homeowners insurance has always been part of owning a home. But over the past few years, it’s become a larger expense for many homeowners – something that’s especially frustrating when affordability already feels tight.The good news? While premiums are still rising, the latest data shows those increases are beginning to slow. Here’s what buyers should know.Home Insurance Costs Have Gone UpYou’ve probably heard...

Home Price Growth Slowed Down. That May Be Changing.

Written by Condotel Financing Florida Syndicated User on July 31, 2026. Posted in Buying Tips, Condotel Financing Florida, Condotel Mortgage Financing, Florida Condotel, For Buyers, For Sellers, Home Prices, Mortgage, Selling Tips.

After more than a year of headlines talking about how home prices are going to crash, the latest data shows that price growth may be starting to pick back up again. And depending on whether you’re buying or selling, that shift means something different for you.The Numbers May Be Starting To TurnFor the past couple of years, home price growth has been moderating – cooling from around 7% in mid-2024, according to Redfin (see graph below). But look at the right side of that graph. The pace of that growth appears to have hit its low point and started to turn.While a couple months of data...

Priced Out? A Condo or Townhome Could Be Your Way In.

Written by Condotel Financing Florida Syndicated User on July 29, 2026. Posted in Affordability, Buying Tips, Condotel Financing Florida, Condotel Mortgage Financing, Downsize, First-Time Buyers, Florida Condotel, For Buyers, Mortgage.

Today’s home prices have a lot of buyers – especially first-time buyers – wondering if there’s even anything out there that’s in their budget. But owning a home may be more within reach than you think. Sometimes, it just means considering a different type of home.Condos and townhomes can be a great way to buy without stretching every last dollar. And right now, two things make them worth a serious look.There Are More Condos and Townhomes To Choose FromMaybe you feel like there’s just nothing out there for you, and you’ve exhausted all your options. But have you considered condos or...

Newly Built Home Prices Hit a 5-Year Low

Written by Condotel Financing Florida Syndicated User on May 22, 2026. Posted in Affordability, Buying Tips, Condotel Financing Florida, Condotel Mortgage Financing, First-Time Buyers, Florida Condotel, For Buyers, Mortgage, New Construction.

If you’ve always assumed a newly built home is just not in your budget, you should know the math just got a little friendlier.The median sale price of a newly built home is now at its lowest level since 2021, according to the latest data from the Census. And on top of that, builders are still rolling out incentives to bring buyers through the door.Here’s what’s happening, and what it means if you’re shopping right now.Prices on Newly Built Homes Have Come DownAfter a steep climb during the pandemic years, prices have eased a bit. The median sale price of newly built homes...

Record High Mortgage Debt Sounds Scary. Here’s What the Headlines Leave Out.

Written by Condotel Financing Florida Syndicated User on May 22, 2026. Posted in Condotel Financing Florida, Condotel Mortgage Financing, Equity, Florida Condotel, For Buyers, For Sellers, Mortgage.

You may have seen the headlines lately about mortgage debt in America hitting a record high. And maybe your brother-in-law brought it up at the dinner table like he’s been waiting all week to spark a debate.Here’s the thing. He’s not wrong. But he only has half the story. And the half he’s missing? It changes everything.Spoiler: homeowners are on stronger footing than the headlines suggest, and the housing market has more going for it than most people realize.The Headline Number Is Real, But It’s Missing ContextYes, according to the Federal Reserve, there is currently...

Are Home Prices Going To Fall?

Written by Condotel Financing Florida Syndicated User on May 22, 2026. Posted in Condotel Financing Florida, Condotel Mortgage Financing, Equity, First-Time Buyers, Florida Condotel, For Buyers, Home Prices, Mortgage, Rent vs. Buy.

It’s one of the biggest hold ups some buyers have right now: “What if I buy, and home prices go down?”With everything in the news, that concern makes some sense. No one wants to make a big financial decision at the wrong time. But here’s what’s important to know. You don’t want to get hung up on the few places seeing slight declines right now.When you zoom out and look at the full picture, home prices usually rise over time.What the Data Really ShowsTake a look at the visual below. It uses data from Case-Shiller and Bilello to show how home prices have changed year by year going all the way...

Could Co-Buying Be the Answer for Some First-Time Buyers?

Written by Condotel Financing Florida Syndicated User on May 10, 2026. Posted in Affordability, Buying Tips, Condotel Financing Florida, Condotel Mortgage Financing, First-Time Buyers, Florida Condotel, For Buyers, Mortgage.

For a lot of would-be first-time buyers, affordability is the thing that’s standing in the way. But some buyers are getting creative and finding a way to still make the numbers work – and that’s through co-buying. The Dream Is Still Alive. The Math Just Isn’t Working for Everyone.Young people haven’t given up on the dream of owning a home – not even close. According to FirstHome IQ, homeownership still ranks among the top life goals for the next generation.The problem? 73% of Gen Z and millennial buyers cite affordability as the reason for not making homeownership a priority. And it...

4 Ways To Give Your Offer an Edge This Spring

Written by Condotel Financing Florida Syndicated User on May 10, 2026. Posted in Buying Tips, Condotel Financing Florida, Condotel Mortgage Financing, Florida Condotel, For Buyers, Mortgage.

Looking to buy a home this season? Here’s what you should know. Buyers have more leverage today than they’ve had in years. There are more homes to choose from and, in many areas, sellers are more open to negotiation. But that doesn’t mean competition is gone completely. These days, it varies a lot depending on where you’re hoping to move. If you’re buying in a popular neighborhood, or in a market where there aren’t many homes for sale, you may still find yourself competing with another buyer.And that’s especially true in the Spring. Here’s how to stay one step ahead of any...

Think You Have To Put 20% Down? Most First-Time Homebuyers Don’t.

Written by Condotel Financing Florida Syndicated User on April 28, 2026. Posted in Affordability, Buying Tips, Condotel Financing Florida, Condotel Mortgage Financing, First-Time Buyers, Florida Condotel, For Buyers, Mortgage.

According to Google Trends, online searches for down payment information recently hit an all-time high. And that’s a clear sign more buyers are trying to figure out what they really need to save before making a move (see graph below):If you’re wondering the same thing, you can always turn to the internet for answers. But a lot of the time, it’s better to ask a local expert. Because here’s what a pro would tell you.The 20% Down Payment MythThe idea that you need 20% down to buy a home is one of the biggest misconceptions around the homebuying process. And the data debunks the myth.While...