Homeownership Is an Investment in Your Future

Written by Fort Walton Beach Mortgage Syndicated User on December 8, 2022. Posted in Buying Myths, First Time Home Buyers, For Buyers, Fort Walton Beach Mortgage, Mortgage Fort Walton Beach, Move-Up Buyers, Rent vs. Buy.

There are many people thinking about buying a home, but with everything affecting the economy, some are wondering if it’s a smart decision to buy now or if it makes more sense to wait it out. As Bob Broeksmit, President and CEO of the Mortgage Bankers Association (MBA), explains: “The desire for homeownership is strong. Many prospective buyers are waiting for the volatility in mortgage rates to subside, as well as for a clearer picture of the economic outlook.” If you’re in that position, remember that it’s important to consider not just what’s happening today but also what benefits you may...

Key Advantages of Buying a Home Today

Written by Fort Walton Beach Mortgage Syndicated User on December 7, 2022. Posted in Buying Myths, First Time Home Buyers, For Buyers, Fort Walton Beach Mortgage, Housing Market Updates, Mortgage Fort Walton Beach, Move-Up Buyers.

There’s no doubt buying a home today is different than it was over the past couple of years, and the shift in the market has led to advantages for buyers today. Right now, there are specific reasons that make this housing market attractive for those who’ve thought about buying but have sidelined their search due to rising mortgage rates. Buying a home in any market is a personal decision, and the best way to make that decision is to educate yourself on the facts, not following sensationalized headlines in the news today. The reality is, headlines do more to terrify people thinking about buying...

What’s Going on with Home Prices? Ask a Professional.

Written by Fort Walton Beach Mortgage Syndicated User on December 6, 2022. Posted in For Buyers, For Sellers, Fort Walton Beach Mortgage, Housing Market Updates, Interest Rates, Mortgage Fort Walton Beach, Pricing.

If you’re thinking about buying or selling a home this year, you may have questions about what’s happening with home prices today as the market cools. In the simplest sense, nationally, experts don’t expect prices to come crashing down, but the level of home price moderation will depend on factors like supply and demand in each local market. That means, moving forward, home price appreciation will continue to vary by location, with more significant changes happening in overheated areas. Here’s a quick snapshot of what the experts are saying: Danielle Hale, Chief Economist at realtor.com, says: “The...

Prioritizing Your Wants and Needs as a Homebuyer in Today’s Market

Written by Fort Walton Beach Mortgage Syndicated User on December 5, 2022. Posted in Buying Myths, First Time Home Buyers, For Buyers, Fort Walton Beach Mortgage, Mortgage Fort Walton Beach, Move-Up Buyers.

There’s no denying mortgage rates are higher now than they were last year. And if you’re thinking about buying a home, this may be top of mind for you. That’s because those higher rates impact how much it costs to borrow money for your home loan. As you set out to make a purchase this winter, you’ll need to be strategic so you can find a home that meets your needs and budget. Danielle Hale, Chief Economist at realtor.com, explains: “The key to making a good decision in this challenging housing market is to be laser focused on what you need now and in the years ahead, . . . Another key point...

What You Want To Know If You’re Pursuing Your Dream of Homeownership

Written by Fort Walton Beach Mortgage Syndicated User on December 1, 2022. Posted in Buying Myths, First Time Home Buyers, For Buyers, Fort Walton Beach Mortgage, Gen Z, Housing Market Updates, Millennials, Mortgage Fort Walton Beach, Move-Up Buyers.

If you’re a young adult, you may be thinking about your goals and priorities for the months and years ahead. And if homeownership ranks high on your goal sheet, you’re in good company. Many of your peers are also pursuing their dream of owning a home. The 2022 Millennial & Gen Z Borrower Sentiment Report from Maxwell says: “Many young adults have demonstrated their resolve to embark on the journey toward homeownership soon. More than half of millennials and Gen Zs plan to apply for a mortgage sometime within the next year.” Let’s take a look at why homeownership makes the top of so many...

Why There Won’t Be a Flood of Foreclosures Coming to the Housing Market

Written by Fort Walton Beach Mortgage Syndicated User on November 30, 2022. Posted in Distressed Properties, For Buyers, For Sellers, Foreclosures, Fort Walton Beach Mortgage, Mortgage Fort Walton Beach.

With the rapid shift that’s happened in the housing market this year, some people are raising concerns that we’re destined for a repeat of the crash we saw in 2008. But in truth, there are many key differences between what’s happening today and the bubble in the early 2000s. One of the reasons this isn’t like the last time is the number of foreclosures in the market is much lower now. Here’s a look at why there won’t be a wave of foreclosures flooding the market. Not as Many Homeowners Are in Trouble This Time After the last housing crash, over nine million households lost their homes due to...

Home Sweet Home: The Emotional Benefits of Homeownership [INFOGRAPHIC]

Written by Fort Walton Beach Mortgage Syndicated User on November 25, 2022. Posted in First Time Home Buyers, For Buyers, Fort Walton Beach Mortgage, Infographics, Mortgage Fort Walton Beach, Move-Up Buyers.

Some Highlights While there are many financial perks to owning a home, there are also powerful non-financial benefits to consider if you’re thinking about making a move. Homeownership allows you to express yourself, gives you greater privacy and comfort, enhances your connection to your community and loved ones, and is an achievement to feel proud of. Let’s connect today to discuss all that homeownership has to offer. Content previously posted on Keeping Current Matters

Category: For Buyers