A Smaller Home Could Be Your Best Option

Written by Lower Keys Mortgage Syndicated User on February 22, 2023. Posted in Baby Boomers, Demographics, For Buyers, For Sellers, Lower Keys Florida Mortgage, Lower Keys Mortgage.

Many people are reaching the point in their lives when they need to decide where they want to live when they retire. If you’re a homeowner approaching this stage, you have several options to explore. Jessica Lautz, Deputy Chief Economist and Vice President of Research at the National Association of Realtors (NAR), says:

The Two Big Issues the Housing Market’s Facing Right Now

Written by Lower Keys Mortgage Syndicated User on February 21, 2023. Posted in For Buyers, For Sellers, Housing Market Updates, Interest Rates, Lower Keys Florida Mortgage, Lower Keys Mortgage.

The biggest challenge the housing market’s facing is how few homes there are for sale. Mark Fleming, Chief Economist at First American, explains the root causes of today’s low supply:

Wondering What’s Going on with Home Prices?

Written by Lower Keys Mortgage Syndicated User on February 16, 2023. Posted in For Buyers, For Sellers, Housing Market Updates, Lower Keys Florida Mortgage, Lower Keys Mortgage, Pricing.

The recent changes in home prices are top of mind for many as the housing market begins gearing up for spring. It can be hard to navigate misleading headlines and confusing data, so here’s what you should know about today’s home prices.

Should You Consider Buying a Newly Built Home?

Written by Lower Keys Mortgage Syndicated User on February 15, 2023. Posted in First Time Home Buyers, For Buyers, Lower Keys Florida Mortgage, Lower Keys Mortgage, Move-Up Buyers, New Construction.

If you’re thinking about buying a home, you might be focusing on previously owned ones. But with so few houses for sale today, it makes sense to consider all your options, and that includes a home that’s newly built.

What You Should Know About Closing Costs

Written by Lower Keys Mortgage Syndicated User on February 13, 2023. Posted in First Time Home Buyers, For Buyers, Lower Keys Florida Mortgage, Lower Keys Mortgage, Move-Up Buyers.

Before you buy a home, it’s important to plan ahead. While most buyers consider how much they need to save for a down payment, many are surprised by the closing costs they have to pay. To ensure you aren’t caught off guard when it’s time to close on your home, you need to understand what closing costs are and how much you should budget for.

How To Win as a Buyer in Today’s Housing Market [INFOGRAPHIC]

Written by Lower Keys Mortgage Syndicated User on February 10, 2023. Posted in First Time Home Buyers, For Buyers, Infographics, Lower Keys Florida Mortgage, Lower Keys Mortgage, Move-Up Buyers.

Why Today’s Housing Market Isn’t Headed for a Crash

Written by Lower Keys Mortgage Syndicated User on February 9, 2023. Posted in Distressed Properties, For Buyers, For Sellers, Foreclosures, Housing Market Updates, Lower Keys Florida Mortgage, Lower Keys Mortgage.

67% of Americans say a housing market crash is imminent in the next three years. With all the talk in the media lately about shifts in the housing market, it makes sense why so many people feel this way. But there’s good news. Current data shows today’s market is nothing like it was before the housing crash in 2008.

How Experts Can Help Close the Gap in Today’s Homeownership Rate

Written by Lower Keys Mortgage Syndicated User on February 8, 2023. Posted in Demographics, First Time Home Buyers, For Buyers, Housing Market Updates, Lower Keys Florida Mortgage, Lower Keys Mortgage, Move-Up Buyers.

As we celebrate Black History Month, we reflect on the past and present experiences of Black Americans. This includes the path toward investing in a home of their own. And while equitable access to housing has come a long way, homeownership can be a steeper climb for households of color. It’s an important experience to talk about, along with how it can make all the difference for diverse homebuyers to work with the right real estate experts.