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Author: Ormond by the Sea Mortgage Syndicated User

A Key Opportunity for Homebuyers

Written by Ormond by the Sea Mortgage Syndicated User on . Posted in First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, Ormond by the Sea Condo Financing, Ormond by the Sea Mortgage, Ormond by the Sea Mortgage Rates.

There’s no denying the housing market has delivered a fair share of challenges to homebuyers over the past two years. Two of the biggest hurdles homebuyers faced during the pandemic were the limited number of homes for sale and the intensity and frequency of bidding wars. But those two things have reached a turning point. As you may have already heard, the number of homes for sale has increased this year, and even more so this spring. As Danielle Hale, Chief Economist for realtor.com, explains: “New listings–a measure of sellers putting homes up for sale–were up 6% above one year ago....

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Two Reasons Why Today’s Housing Market Isn’t a Bubble

Written by Ormond by the Sea Mortgage Syndicated User on . Posted in For Buyers, For Sellers, Housing Market Updates, Ormond by the Sea Condo Financing, Ormond by the Sea Mortgage, Ormond by the Sea Mortgage Rates, Pricing.

You may be reading headlines and hearing talk about a potential housing bubble or a crash, but it’s important to understand that the data and expert opinions tell a different story. A recent survey from Pulsenomics asked over one hundred housing market experts and real estate economists if they believe the housing market is in a bubble. The results indicate most experts don’t think that’s the case (see graph below): As the graph shows, a strong majority (60%) said the real estate market is not currently in a bubble. In the same survey, experts give the following reasons why this isn’t like...

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Why an Agent Is Essential When Pricing Your House [INFOGRAPHIC]

Written by Ormond by the Sea Mortgage Syndicated User on . Posted in For Sellers, FSBOs, Infographics, Ormond by the Sea Condo Financing, Ormond by the Sea Mortgage, Ormond by the Sea Mortgage Rates, Pricing, Selling Myths.

Some Highlights When it comes to pricing your house, there’s a lot to consider. The only way to ensure you price it right is by partnering with a local real estate professional. To find the best price, your agent balances current market demand, the values of homes in your neighborhood, where prices are headed, and your home’s condition. Don’t pick just any price for your house. If you’re ready to sell, let’s connect to find the perfect price for your house. Content previously posted on Keeping Current Matters

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Homeownership Is a Great Hedge Against the Impact of Rising Inflation

Written by Ormond by the Sea Mortgage Syndicated User on . Posted in First Time Home Buyers, For Buyers, Ormond by the Sea Condo Financing, Ormond by the Sea Mortgage, Ormond by the Sea Mortgage Rates, Pricing.

If you’re following along with the news today, you’ve heard about rising inflation. Today, inflation is at a 40-year high. According to the National Association of Home Builders (NAHB): “Consumer prices accelerated again in May as shelter, energy and food prices continued to surge at the fastest pace in decades. This marked the third straight month for inflation above an 8% rate and was the largest year-over-year gain since December 1981.” With inflation rising, you’re likely feeling it impact your day-to-day life as prices go up for gas, groceries, and more. These climbing consumer...

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Florida Mortgage | What’s on the Horizon for the Housing Market in the Second Half of 2022?

Written by Ormond by the Sea Mortgage Syndicated User on . Posted in Ormond by the Sea Condo Financing, Ormond by the Sea Mortgage, Ormond by the Sea Mortgage Rates.

Florida Mortgage | What’s on the Horizon for the Housing Market in the Second Half of 2022? If you are thinking of buying or selling a home this year, it’s important to know where the market is headed and what that means for you. Let’s connect so you have the latest expert insights to help plan your next move. NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany

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Things To Avoid After Applying for a Home Loan

Written by Ormond by the Sea Mortgage Syndicated User on . Posted in First Time Home Buyers, For Buyers, Move-Up Buyers, Ormond by the Sea Condo Financing, Ormond by the Sea Mortgage, Ormond by the Sea Mortgage Rates.

Once you’ve applied for a mortgage to buy a home, there are some key things to keep in mind. While it’s exciting to start thinking about moving in and decorating, be careful when it comes to making any big purchases. Here are a few things you may not realize you need to avoid after applying for your home loan. Don’t Deposit Large Sums of Cash Lenders need to source your money, and cash isn’t easily traceable. Before you deposit any amount of cash into your accounts, discuss the proper way to document your transactions with your loan officer. Don’t Make Any Large Purchases It’s not just...

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