There’s no doubt that 2021 is the year of the seller when it comes to the housing market. If you’re a homeowner thinking of moving to better suit your changing needs, now is the perfect time to do so. Low mortgage rates are in your favor when you’re ready to purchase your dream home, and high buyer demand may give you the leverage you need to negotiate the best contract terms on the sale of your house. Here’s a look at what’s driving this sellers’ advantage and why there’s so much opportunity for homeowners who are ready to move this season.
1. Historically Low Inventory
The National Association...
Some Highlights
Mortgage pre-approval means a lender has reviewed your finances and, based on factors like your income, debt, and credit history, determined how much you’re qualified to borrow.
Being pre-approved for a loan can give you clarity while planning your homebuying budget, confidence in your ability to secure a loan, and a competitive edge in a bidding war.
In today’s market, connecting with a lender to get pre-approved may be the game-changer that helps you secure your dream home.
Content previously posted on Keeping Current Matters href=”https://www.simplifyingthemarket.com/en/?a=429471-6e7ae3e7d7cea4059ea7d116981248f9″>Keeping...
For those eager to share time and meaningful experiences with friends and family after coronavirus constraints, a new social media competition offers the chance to reconnect during a Florida Keys getaway. Florida Keys Newsroom
Many people are sitting on the fence trying to decide if now’s the time to buy a home. Some are renters who have a strong desire to become homeowners but are unsure if buying right now makes sense. Others may be homeowners who are realizing that their current home no longer fits their changing needs.
To determine if they should buy now or wait another year, they both need to ask two simple questions:
Do I think home values will be higher a year from now?
Do I think mortgage rates will be higher a year from now?
Let’s shed some light on the answers to these questions.
Where will home prices...
So far this year, mortgage rates continue to hover around 3%, encouraging many hopeful homebuyers to enter the housing market. However, there’s a good chance rates will increase later this year and going into 2022, ultimately making it more expensive to borrow money for a home loan. Here’s a look at what several experts have to say.
Danielle Hale, Chief Economist, realtor.com:
“Our long-term view for mortgage rates in 2021 is higher. As the economic outlook strengthens, thanks to progress against coronavirus and vaccines plus a dose of stimulus from the government, this pushes up expectations...
POMPANO BEACH, Fla. /Florida Newswire/ — Current Builders (www.currentbuilders.com) is proud to be part of the nationwide celebration of Construction Safety Week taking place May 3-7, 2021. This year’s theme, Be Present, Be Focused, Be Safe targets the holistic health of workers in the industry. As one of the leading construction firms in Florida, Current Builders has a week of educational programming scheduled for its employees and will also be hosting students from the University of Miami chapter of the South Florida Associated General Contractors of America (AGC) for a tour of...
The housing market keeps sailing along. The only headwind that could take it off course is the lack of inventory for sale. The National Association of Realtors (NAR) reports that there were 410,000 fewer single-family homes for sale this March than in March of 2020. The key to continued success in the residential housing market is for more listings to come on the market. However, many homeowners are concerned that selling their homes could be challenging for several reasons.
Recently, Homes.com released the findings of a survey that identified these concerns, as well as what it will take for...
More than 900 anglers among 117 boats hit the waters off the Florida Keys during May’s opening weekend for the 15th annual Tom Thumb Bull and Cow Dolphin Tournament, one of the Middle Keys’ most popular fun-fishing events. Florida Keys Newsroom
POMPANO BEACH, Fla. /Florida Newswire/ — The City of Pompano Beach Parks and Recreation Department has enhanced the Sergeant Kip Jacoby Park with a new all-inclusive playground that features equipment that will encourage side-by-side play for all children. The new pieces by the Kompan Company improve physical, cognitive, creative and social skills for all children, while offering a welcoming atmosphere for children with special needs.
“We recognized the need for an all-abilities park in Pompano Beach and felt that Sergeant Kip Jacoby Park would be an ideal choice,” said Mark...
Homeownership is a foundational part of the American Dream. As we look back on more than a year of sheltering in our homes, having a place of our own is more important than ever. While financial benefits are always a key aspect of homeownership, today, homeowners rank the nonfinancial and personal benefits with even higher value.
Recently, two national surveys revealed the reasons homeownership is such an important part of life. The top three personal benefits of homeownership noted by respondents in Unison’s 2021 report on The State of the American Homeowner are:
91% – feel secure,...