More Buyers Are Making Moves — Is It Time To Sell?

Written by Fort Walton Beach Mortgage Syndicated User on March 4, 2025. Posted in For Sellers, Fort Walton Beach Mortgage, Mortgage Fort Walton Beach, Selling Tips.

More people are taking steps to buy a home. And, if you’ve been waiting for the right time to move, this may be the sign you’ve been looking for.For the past few years, a lot of would-be homebuyers hit pause on their plans. With rising mortgage rates and affordability challenges, buying just didn’t seem doable. But now, more of them are getting back out there. That’s because they’re getting used to the fact that this may be the new normal for the market – especially as forecasts show mortgage rates may be starting to stabilize. According to the National Association of Realtors...

Is a Newly Built Home Right for You? The Pros and Cons

Written by Fort Walton Beach Mortgage Syndicated User on March 3, 2025. Posted in Buying Tips, For Buyers, Fort Walton Beach Mortgage, Mortgage Fort Walton Beach, New Construction.

When searching for a home, you don’t want to skip over new builds as an option. Right now, there are more newly built homes to choose from than there would normally be in the market. And those added choices come with some pretty incredible benefits. Talking to your agent is the best way to see if this type of home makes sense for you.Here’s a quick rundown of some things your agent will walk you through – including a few of the top perks of buying a newly built home today and some potential things you’ll want to think about before you ink any contracts.The Perks of Buying a Newly Built...

Is It Better To Rent or Buy a Home Today?

Written by Fort Walton Beach Mortgage Syndicated User on February 28, 2025. Posted in For Buyers, Fort Walton Beach Mortgage, Infographics, Mortgage Fort Walton Beach, Rent vs. Buy.

Some HighlightsA study shows that 70% of prospective buyers fear the long-term consequences of renting. And here’s why.?Rent usually rises over time and that can make it harder to save up to buy a home. But when you buy, you can stabilize your housing expenses and grow your net worth as home values rise. While renting may be the less expensive option in some markets, it can’t match the long-term benefits of homeownership. What’s your #1 reason for wanting to buy?

Do You Know How Much Your Home Is Worth?

Written by Fort Walton Beach Mortgage Syndicated User on February 27, 2025. Posted in For Sellers, Fort Walton Beach Mortgage, Home Prices, Mortgage Fort Walton Beach.

Over the past few years, you’ve probably seen a whole lot of headlines about how home prices keep going up. But have you ever stopped to think about what that actually means for your home?Home prices have risen dramatically over the past five years — far more than usual. And if selling has been on your mind, this could mean a bigger-than-expected payday when you list. So, how much has your home’s value really changed? Let’s break it down.The Rapid Rise of the Past 5 YearsTypically, home prices go up by about 2-5% a year. But in 2021-2022, there were double-digit increases. And at the...

Is an Accessory Dwelling Unit Right for You? Here’s What To Know

Written by Fort Walton Beach Mortgage Syndicated User on February 26, 2025. Posted in Buying Tips, For Buyers, Fort Walton Beach Mortgage, Mortgage Fort Walton Beach.

Are you having a hard time finding the right home in your budget? Or maybe you already own a home but could use some extra income or a designated space for aging loved ones. Either way, accessory dwelling units (ADUs) could be the smart solution you’ve been looking for in today’s market.What Is an ADU?According to Fannie Mae, an ADU is a small, separate living space that’s on the same lot as a single-family home. It must include its own areas for living, sleeping, cooking, and bathrooms independent of the main house. And they can take shape in a few different ways. Fannie Mae adds, an ADU...

Are Investors Actually Buying Up All the Homes?

Written by Fort Walton Beach Mortgage Syndicated User on February 25, 2025. Posted in Fort Walton Beach Mortgage, Inventory, Mortgage Fort Walton Beach.

Are you trying to buy a home but you feel like you’re up against deep-pocketed Wall Street investors snatching up everything in sight? Many people believe mega investors are driving up prices and buying up all the homes for sale, and that’s making it hard for regular buyers like you to compete.But here’s the truth. Investor purchases are actually on the decline, and the big players aren’t nearly as active as you might think. Let’s dive into the facts and put this myth to rest.Most Investors Are Small, Not Mega InvestorsA common misconception is that massive institutional investors are...

How To Buy a Home Without Waiting for Lower Rates

Written by Fort Walton Beach Mortgage Syndicated User on February 24, 2025. Posted in Forecasts, Fort Walton Beach Mortgage, Mortgage Fort Walton Beach, Mortgage Rates.

Many people are hoping mortgage rates will come down before they buy a home. But will that actually happen? According to the latest forecasts, experts say rates will decline, but not by as much as a lot of people want.The good news? Even if they don’t drop substantially, there are still ways to make buying a home more affordable.How Much Will Rates Drop?A few months ago, experts were forecasting mortgage rates could dip below 6% by the end of the year. But recent projections suggest that may not happen after all.While mortgage rates are still expected to decline some later this year,...

Should I Update My House Before I Sell It?

Written by Fort Walton Beach Mortgage Syndicated User on February 21, 2025. Posted in For Sellers, Fort Walton Beach Mortgage, Infographics, Mortgage Fort Walton Beach, Selling Tips.

Some HighlightsWith more homes for sale and buyers being more selective, it’s smart to make strategic updates.? But how do you decide what’s worth doing? ?You lean on an agent.An agent will be able to tell you what buyers want, quick wins that’ll have a big impact, and what projects have the best ROI.What projects are on your to-do list before selling? With only a month left before spring, connect with a local agent so you know what’s worth the time and effort.

Seller Concessions: A Smart Strategy To Get Your House Sold

Written by Fort Walton Beach Mortgage Syndicated User on February 20, 2025. Posted in For Sellers, Fort Walton Beach Mortgage, Inventory, Mortgage Fort Walton Beach, Selling Tips.

For the past few years, it’s been mostly a seller’s market. But dynamics are shifting as the number of homes for sale grows. And that means that the market is balancing out a bit. As a result, some sellers are finding they need to be more flexible to close a deal. One strategy that can help? Offering concessions.As the National Association of Realtors (NAR) explains:“As home inventory begins to grow and buyers regain some advantage in the market, sellers may consider offering more in negotiations to make the deal more attractive and get to the closing table.”What Are Seller...

The Return to Urban Living — Why More People Are Moving Back to Cities

Written by Fort Walton Beach Mortgage Syndicated User on February 19, 2025. Posted in Buying Tips, For Buyers, Fort Walton Beach Mortgage, Mortgage Fort Walton Beach.

After years of suburban and rural migration during the pandemic, cities have been making a comeback in the past couple of years. According to the National Association of Realtors (NAR), the percentage of people moving to cities has risen to 16%. While that may not sound like a big number to you, it is the highest level in a decade – and that’s a big deal (see graph below):And data from BrightMLS seems to confirm this trend. In a recent survey, 1 in 5 (20.6%) people looking to buy say they want to live in the city.So, what’s behind this ongoing shift back to urban living? Let’s break down...

Category: Mortgage Fort Walton Beach