Is It Time To Put Your House Back on the Market?

Written by Panama City Mortgage Mortgage Syndicated User on March 19, 2025. Posted in Economy, For Sellers, Market Updates, Mortgage Panama City Beach, Panama City Beach Mortgage, Selling Tips.

If you took your house off the market in late 2024, you’re not the only one. Newsweek reports that data from CoreLogic and the Wall Street Journal (WSJ) says nearly 73,000 homes were pulled from the market in December alone – that’s more than any other December going all the way back to 2017 (see graph below):Whether it was because offers weren’t coming in, the timing around the holidays felt overwhelming, or they wanted to see if the market would improve in the new year – a lot of other homeowners decided to press pause, too.But now, with spring fast approaching, it’s time to...

Rising Inventory Means This Spring Could Be Your Moment

Written by Panama City Mortgage Mortgage Syndicated User on March 18, 2025. Posted in For Buyers, Home Prices, Market Updates, Mortgage Panama City Beach, Panama City Beach Mortgage.

Want to know two reasons this spring might finally be your time to buy? Inventory has grown and sellers may be more willing to negotiate as a result. That means you’ve got more options and more power than buyers have had in years. Let’s break it down.1. You Have More Homes To Choose FromThe number of homes for sale this February was higher than it’s been in any of the past five Februarys – and that’s great news for your home search. The graph below uses the latest data from Realtor.com to show the supply of homes on the market has grown by 27.5% in just the last year:More choices for your...

What You Need To Know About Pre-Approval

Written by Panama City Mortgage Mortgage Syndicated User on March 15, 2025. Posted in Buying Tips, For Buyers, Infographics, Market Updates, Mortgage Panama City Beach, Panama City Beach Mortgage.

Some HighlightsBefore you even start looking at homes, there’s something you should do first – and that’s get pre-approved for your mortgage.Pre-approval is when a lender checks your finances and decides how much you’re qualified to borrow for your home loan. This helps you determine your budget and makes your offer stand out for sellers.?Connect with a trusted lender to get the process started.

Is the Housing Market Starting To Balance Out?

Written by Panama City Mortgage Mortgage Syndicated User on March 14, 2025. Posted in For Buyers, Inventory, Market Updates, Mortgage Panama City Beach, Panama City Beach Mortgage.

For years, sellers have had the upper hand in the housing market. With so few homes for sale and so many people who wanted to purchase them, buyers faced tough competition just to get an offer accepted. But now, inventory is rising, and things are starting to shift in many areas.So, is the market finally balancing out? And does that mean buyers will have it a bit easier now? Here’s what you need to know.What Makes It a Buyer’s Market or a Seller’s Market?It all comes down to how many homes are for sale in an area compared to how many buyers want to buy there. That’s what ultimately...

Buying Your First Home? It’s Okay To Feel Nervous

Written by Panama City Mortgage Mortgage Syndicated User on March 13, 2025. Posted in Buying Tips, First-Time Buyers, For Buyers, Market Updates, Mortgage Panama City Beach, Panama City Beach Mortgage.

Buying your first home is exciting, but let’s be real – it can also feel overwhelming. It’s a big step, and with that comes plenty of questions. Am I making the right decision? Can I really afford this right now? Will I be able to make ends meet if I have unexpected repairs? What if I lose my job?Here’s the thing: every first-time homebuyer has these thoughts. The homebuying process has always been a mix of excitement and nerves, and that’s completely normal. Here’s some information that can give you a bit of perspective, so you don’t have these concerns.Focus on What You Can...

Mortgage Rates Hit Lowest Point So Far This Year

Written by Panama City Mortgage Mortgage Syndicated User on March 12, 2025. Posted in For Buyers, Market Updates, Mortgage Panama City Beach, Mortgage Rates, Panama City Beach Mortgage.

If you’ve been holding off on buying a home because of high mortgage rates, you might want to take another look at the market. That’s because mortgage rates have been trending down lately – and that gives you a chance to jump back in.Mortgage rates have been declining for seven straight weeks now, according to data from Freddie Mac. And the average weekly rate is now at the lowest level so far this year (see graph below):While that may not sound like a significant shift, it is noteworthy. Because the meaningful drop from over 7% to the mid-6’s can change your mindset when it comes to buying...

Should I Buy a Home Right Now? Experts Say Prices Are Only Going Up

Written by Panama City Mortgage Mortgage Syndicated User on March 11, 2025. Posted in Buying Tips, First-Time Buyers, For Buyers, Home Prices, Market Updates, Mortgage Panama City Beach, Panama City Beach Mortgage.

At one point or another, you’ve probably heard someone say, “Yesterday was the best time to buy a home, but the next best time is today.”That’s because nationally, home values continue to rise. And with mortgage rates still stubbornly high and home prices going up, you may be holding out for prices to fall or trying to time the market for that perfect rate. But here’s the truth: waiting for the right moment could cost you in the long run.Home Prices Are Still Rising – Just at a More Normal PaceThe idea that prices will drop dramatically is wishful thinking in most markets. According to the...

Do You Know What Your House Is Really Worth?

Written by Panama City Mortgage Mortgage Syndicated User on March 8, 2025. Posted in Equity, For Sellers, Home Prices, Infographics, Market Updates, Mortgage Panama City Beach, Panama City Beach Mortgage.

Some HighlightsOver the past 5 years, home prices have risen dramatically. If you own a home, that means your house may be worth a lot more than you think. ?Nationally, prices are up nearly 60% since 2019. ?And, if selling has been on your mind, you can use that bigger-than-expected return to power your next move.If you want to know how much your home is worth in today’s market, reach out to a local agent.? The number may surprise you.

Is It a Good Time To Buy a Home?

Written by Panama City Mortgage Mortgage Syndicated User on March 7, 2025. Posted in Market Updates, Mortgage Panama City Beach, Panama City Beach Mortgage.

Are you wondering what’s going on with home prices? Mortgage rates? Or asking yourself if it’s even a good time to buy a home? It’s a big decision—and you don’t have to do it alone. That’s where your trusted local RE/MAX® agent comes in.

5 Spring Home Maintenance Tasks You Don’t Want To Forget

Written by Panama City Mortgage Mortgage Syndicated User on March 7, 2025. Posted in Market Updates, Mortgage Panama City Beach, Panama City Beach Mortgage.

Spring is a season of renewal, and as a homeowner, it’s easy to get swept up in the day-to-day of life. But maintaining your home is an important part of protecting the long-term value of your investment.So, whether you own a house already or you’re planning to become a homeowner this year, here are five essential spring home maintenance tasks you don’t want to overlook. Save this as your helpful resource to come back to year after year.1. Clean Your GuttersWinter weather can leave behind debris, like leaves and twigs, clogging your gutters. If water can’t flow freely, it can lead to roof...

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