Your House Could Be Closer to List-Ready Than You Think

Written by Lower Keys Mortgage Syndicated User on May 4, 2022. Posted in For Sellers, Lower Keys Florida Mortgage, Lower Keys Mortgage, Selling Myths.

One of the biggest concerns for a homeowner looking to sell is the time they’ll have to put in before listing their house. If that’s the case for you, you should know – your home might be closer to list-ready than you think in today’s housing market. A survey of recent sellers from realtor.com finds that many were able to get their house ready in less than a month. It says: “With many homeowners expecting a quick sale, and in many cases a lack of contingencies, the preparation process took less than a month for over 50% of home sellers this past year, with 20% completing it in less than two...

Today’s Home Price Appreciation Is Great News for Existing Homeowners

Written by Lower Keys Mortgage Syndicated User on May 2, 2022. Posted in For Sellers, Housing Market Updates, Lower Keys Florida Mortgage, Lower Keys Mortgage, Move-Up Buyers, Pricing.

If you’re planning to sell your home this season, rising prices are great news for you. But it’s important to understand why prices are rising to begin with. One major factor is supply and demand. In any industry, when there are more buyers for an item than there are of that item available, prices naturally rise. In those situations, buyers are willing to pay more to get the product or service they’re looking for when options are scarce. And that’s exactly what’s happening in the current real estate market. Selma Hepp, Executive, Research & Insights and Deputy Chief Economist at CoreLogic,...

Give Your Curb Appeal a Boost Before You Sell [INFOGRAPHIC]

Written by Lower Keys Mortgage Syndicated User on April 29, 2022. Posted in For Sellers, Infographics, Lower Keys Florida Mortgage, Lower Keys Mortgage, Selling Myths.

Some Highlights If you’re thinking about selling your house this season, focusing on a few quick and easy updates outside can help your home look its best. 78% of real estate agents polled say poor landscaping affects property values. As a seller, that means your yard could impact your bottom line. When getting your house ready to sell, let’s connect to discuss what you should do to make sure your house shows well and catches the eyes of more potential buyers. Content previously posted on Keeping Current Matters

What You Need To Know About Selling in a Sellers’ Market

Written by Lower Keys Mortgage Syndicated User on April 28, 2022. Posted in For Sellers, Lower Keys Florida Mortgage, Lower Keys Mortgage, Pricing.

Even if you haven’t been following real estate news, you’ve likely heard about the current sellers’ market. That’s because there’s a lot of talk about how strong market conditions are for people who want to sell their houses. But if you’re thinking about listing your house, you probably want to know: what does being in a sellers’ market really mean? What Is a Sellers’ Market? The latest Existing Home Sales Report from the National Association of Realtors (NAR) shows housing supply is still very low. There’s a 2-month supply of homes at the current sales pace. Historically, a 6-month supply...

Myths About Today’s Housing Market [INFOGRAPHIC]

Written by Lower Keys Mortgage Syndicated User on April 22, 2022. Posted in Buying Myths, For Buyers, For Sellers, Infographics, Lower Keys Florida Mortgage, Lower Keys Mortgage, Selling Myths.

Some Highlights If you’re planning to buy or sell a home today, it’s important to be aware of common misconceptions. Whether it’s timing your purchase as a buyer based on home prices and mortgage rates or knowing what to upgrade or repair before listing your house as a seller, it takes a professional to guide you through those decisions. Let’s connect so you have an expert to help separate fact from fiction in today’s housing market. Content previously posted on Keeping Current Matters

Why This Housing Market Is Not a Bubble Ready To Pop

Written by Lower Keys Mortgage Syndicated User on April 21, 2022. Posted in For Buyers, For Sellers, Foreclosures, Housing Market Updates, Lower Keys Florida Mortgage, Lower Keys Mortgage, Pricing.

Homeownership has become a major element in achieving the American Dream. A recent report from the National Association of Realtors (NAR) finds that over 86% of buyers agree homeownership is still the American Dream. Prior to the 1950s, less than half of the country owned their own home. However, after World War II, many returning veterans used the benefits afforded by the GI Bill to purchase a home. Since then, the percentage of homeowners throughout the country has increased to the current rate of 65.5%. That strong desire for homeownership has kept home values appreciating ever since. The...

Is It Time To Buy a Smaller Home?

Written by Lower Keys Mortgage Syndicated User on April 18, 2022. Posted in Baby Boomers, For Buyers, For Sellers, Lower Keys Florida Mortgage, Lower Keys Mortgage, Senior Market.

Life events can have a major impact on what you need from your home, and retirement is one of the biggest changes many of us face. This period of your life can mean doing more of the things you enjoy, like traveling, visiting with loved ones, or taking on new hobbies. But what does that mean for your home? If you’re looking for ways to focus more on the important things in your life, the answer could be downsizing. A recent article from The Balance talks about why it could be a great option, saying: “There are many reasons to buy a smaller home—or to downsize from your present home—but sometimes,...

On the Fence of Whether or Not To Move This Spring? Consider This.

Written by Lower Keys Mortgage Syndicated User on April 14, 2022. Posted in For Buyers, For Sellers, Housing Market Updates, Lower Keys Florida Mortgage, Lower Keys Mortgage, Move-Up Buyers.

If you’re thinking of selling your house, it may be because you’ve heard prices are rising, listings are going fast, and sellers are getting multiple offers on their homes. But why are conditions so good for sellers today? And what can you expect when you move? To help answer both of those questions, let’s turn to the data. Today, there are far more buyers looking for homes than sellers listing their houses. Here are the maps of the latest buyer and seller traffic from the National Association of Realtors (NAR) to help paint the picture of what this looks like: Notice how much darker the blues...

Why a Real Estate Professional Is Key When Selling Your House

Written by Lower Keys Mortgage Syndicated User on April 12, 2022. Posted in For Sellers, FSBOs, Lower Keys Florida Mortgage, Lower Keys Mortgage, Pricing, Selling Myths.

With today’s real estate market moving as fast as it is, working with a real estate professional is more essential than ever. They have the skills, experience, and expertise it takes to navigate the highly detailed and involved process of selling a home. That may be why the percentage of people who list their houses on their own, known as a FSBO or For Sale By Owner, has reached its lowest point since 1985 (see graph below): Here are five reasons why selling with a real estate professional makes more sense, even in today’s hot market: 1. They Know What Buyers Want To See Before you decide...

Using Your Tax Refund To Achieve Your Homeownership Goals This Year

Written by Lower Keys Mortgage Syndicated User on April 11, 2022. Posted in First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Lower Keys Florida Mortgage, Lower Keys Mortgage, Move-Up Buyers.

If you’re buying or selling a home this year, you’re likely saving up for a variety of expenses. For buyers, that might include things like your down payment and closing costs. And for sellers, you’re probably working on a bit of spring cleaning and maintenance to spruce up your house before you list it. Either way, any money you get back from your taxes can help you achieve your goals. Using a tax refund is a common tactic for buyers and sellers. SmartAsset estimates the average American will receive a $2,897 tax refund this year. The map below provides a more detailed estimate by state: If...

Category: For Sellers