Americans Choose Real Estate as the Best Investment [INFOGRAPHIC]

Written by Panama City Mortgage Mortgage Syndicated User on January 22, 2022. Posted in For Buyers, Housing Market Updates, Infographics, Mortgage Panama City, Panama City Mortgage.

Some Highlights According to a Gallup poll, real estate has been rated the best long-term investment for eight years in a row. Real estate tops the list because you’re not just buying a place to call home – you’re investing in your future. Real estate is typically considered a stable and secure asset that can grow in value over time. Let’s connect today if you’re ready to make real estate your best investment this year. Content previously posted on Keeping Current Matters

Buyers Want To Know: Why Is Housing Supply Still So Low?

Written by Panama City Mortgage Mortgage Syndicated User on January 21, 2022. Posted in Buying Myths, For Buyers, Housing Market Updates, Mortgage Panama City, Panama City Mortgage.

One key question that’s top of mind for homebuyers this year is: why is it so hard to find a house to buy? The truth is, we’re in the ultimate sellers’ market, so real estate is ultra-competitive for buyers right now. The number of buyers searching for a home greatly outweighs how many homes are available for sale. While low inventory in the housing market isn’t new, it’s a challenge that continues to grow over time. Here’s a look at two reasons why today’s housing supply is low and what that means for you. 1. New Home Construction Fell Behind for Several Years The graph below shows new home...

With Mortgage Rates Climbing, Now’s the Time To Act

Written by Panama City Mortgage Mortgage Syndicated User on January 20, 2022. Posted in Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Mortgage Panama City, Move-Up Buyers, Panama City Mortgage.

Last week, the average 30-year fixed mortgage rate from Freddie Mac jumped from 3.22% to 3.45%. That’s the highest point it’s been in almost two years. If you’re thinking about buying a home, this news may have come as a bit of a shock. But the truth is, it wasn’t entirely unexpected. Experts have been calling for rates to rise in their 2022 projections, and the forecast is now becoming a reality. Here’s a look at the projections from Freddie Mac for this year: Q1 2022: 3.4% Q2 2022: 3.5% Q3 2022: 3.6% Q4 2022: 3.7% As the numbers show, this jump in rates is in line with the expectations...

Sellers: Don’t Wait Until Spring To Make Your Move

Written by Panama City Mortgage Mortgage Syndicated User on January 19, 2022. Posted in For Sellers, Interest Rates, Mortgage Panama City, Panama City Mortgage, Pricing, Selling Myths.

As you plan out your goals for the year, moving up to your dream home may top the list. But, how do you know when to make your move? You want to time it just right so you can get the most out of the sale of your current house. You also want to know you’re making a good investment when you buy your new home. What you may not realize is, that opportunity to get the best of both worlds is already here. You don’t want to wait until spring to spring into action. The current market conditions make this winter an ideal time to move. Here’s why. 1. The Number of Homes on the Market Is Still Low Today’s...

Achieving the Dream of Homeownership

Written by Panama City Mortgage Mortgage Syndicated User on January 18, 2022. Posted in First Time Home Buyers, For Buyers, Mortgage Panama City, Panama City Mortgage.

Homeownership has long been considered the American Dream, and it’s one every American should feel confident and powerful pursuing. But owning a home is also a deeply personal dream. Our home provides us with safety and security, and it’s a place where we can grow and flourish. Today, we remember the legacy of Dr. Martin Luther King, Jr. Many of us will remember his passion and determination for the causes he championed, including his famous “I Have a Dream” speech in 1963. As we reflect on his message today, it may inspire your own dream of homeownership. And if so, know you’re not alone....

When Is the Right Time To Sell [INFOGRAPHIC]

Written by Panama City Mortgage Mortgage Syndicated User on January 15, 2022. Posted in For Sellers, Infographics, Mortgage Panama City, Panama City Mortgage.

Some Highlights If you’re trying to decide when to list your house, the time is now. There are plenty of buyers eagerly waiting for your home to hit the market. The latest data indicates home showings are rising. There are more buyers than homes for sale right now. That means you’ll likely receive multiple offers, and your home won’t be on the market long. Today’s market favors sellers. If you’re ready to move, let’s meet to discuss the benefits you can expect when you sell this season. Content previously posted on Keeping Current Matters

What’s Going To Happen with Home Prices This Year?

Written by Panama City Mortgage Mortgage Syndicated User on January 14, 2022. Posted in For Buyers, For Sellers, Housing Market Updates, Mortgage Panama City, Panama City Mortgage, Pricing.

After almost two years of double-digit increases, many experts thought home price appreciation would decelerate or happen at a slower pace in the last quarter of 2021. However, the latest Home Price Insights Report from CoreLogic indicates while prices may have plateaued, appreciation has definitely not slowed. The following graph shows year-over-year appreciation throughout 2021. December data has not yet been released. As the graph shows, appreciation has remained steady at around 18% over the last five months. In addition, the latest S&P Case-Shiller Price Index and the FHFA Price Index...

Two Ways Homebuyers Can Win in Today’s Market

Written by Panama City Mortgage Mortgage Syndicated User on January 13, 2022. Posted in First Time Home Buyers, For Buyers, Mortgage Panama City, Move-Up Buyers, Panama City Mortgage.

If your goal is to purchase a home this year, you might be looking for any advantage you can get in today’s sellers’ market. While competition is still fierce for homebuyers, there are ways you can win and secure the home of your dreams, even in a hot market. Act Early and Save The earlier you act this year, the more affordable your purchase will be. That’s because experts project mortgage rates will rise as we move deeper into 2022. According to Freddie Mac, the average 30-year fixed-rate mortgage is expected to be 3.5% by year’s end. Experts forecast home prices will rise as well. That means...

Why Inflation Shouldn’t Stop You from Buying a Home in 2022

Written by Panama City Mortgage Mortgage Syndicated User on January 12, 2022. Posted in Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Mortgage Panama City, Move-Up Buyers, Panama City Mortgage, Pricing.

If you’re following along with the news today, you’re probably hearing a lot about record-breaking home prices, rising consumer costs, supply chain constraints, and more. And if you’re thinking about purchasing a home this year, all of these inflationary concerns are likely making you wonder if you should wait to buy. Investopedia explains that during a period of high inflation, prices rise across the board. And while home prices aren’t immune from this increase, here’s why inflation shouldn’t stop you from buying a home in 2022. Homeownership Offers Stability and Security Home prices have...

Real Estate Professionals Are Experts at Keeping You Safe When You Sell

Written by Panama City Mortgage Mortgage Syndicated User on January 11, 2022. Posted in For Sellers, Mortgage Panama City, Panama City Mortgage, Selling Myths.

If you’re on the fence about whether or not you want to sell your house this year, there’s good news. For nearly two years, real estate professionals have worked tirelessly to ensure the safety of buyers and sellers during the pandemic. Today, they’re seasoned experts, not just in the art of buying and selling homes, but also in how to keep you safe throughout the process. Real estate professionals have learned new technologies plus safety and sanitation measures. As new variants emerge, those lessons continue to be key ways agents add value. Real Estate Advisors Stay Current on Guidance for...

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