What’s Going To Happen with Home Prices This Year?

Written by Fort Lauderdale Condo Financing on January 14, 2022. Posted in For Buyers, For Sellers, Fort Lauderdale Condo Financing, Fort Lauderdale Condo Mortgage Rates, Housing Market Updates, Pricing.

After almost two years of double-digit increases, many experts thought home price appreciation would decelerate or happen at a slower pace in the last quarter of 2021. However, the latest Home Price Insights Report from CoreLogic indicates while prices may have plateaued, appreciation has definitely not slowed. The following graph shows year-over-year appreciation throughout 2021. December data has not yet been released. As the graph shows, appreciation has remained steady at around 18% over the last five months. In addition, the latest S&P Case-Shiller Price Index and the FHFA Price Index...

Real Estate Professionals Are Experts at Keeping You Safe When You Sell

Written by Fort Lauderdale Condo Financing on January 11, 2022. Posted in For Sellers, Fort Lauderdale Condo Financing, Fort Lauderdale Condo Mortgage Rates, Selling Myths.

If you’re on the fence about whether or not you want to sell your house this year, there’s good news. For nearly two years, real estate professionals have worked tirelessly to ensure the safety of buyers and sellers during the pandemic. Today, they’re seasoned experts, not just in the art of buying and selling homes, but also in how to keep you safe throughout the process. Real estate professionals have learned new technologies plus safety and sanitation measures. As new variants emerge, those lessons continue to be key ways agents add value. Real Estate Advisors Stay Current on Guidance for...

Why Waiting To Sell Your House Could Cost You a Small Fortune

Written by Fort Lauderdale Condo Financing on January 6, 2022. Posted in For Sellers, Fort Lauderdale Condo Financing, Fort Lauderdale Condo Mortgage Rates, Housing Market Updates, Interest Rates, Move-Up Buyers, Pricing, Selling Myths.

Many homeowners who plan to sell in 2022 may think the wise thing to do is to wait for the spring buying market since historically about 40 percent of home sales occur between April and July. However, this year’s expected to be much different than the norm. Here are five reasons to list your house now rather than waiting until the spring. 1. Buyers Are Looking Right Now, and They’re Ready To Purchase The ShowingTime Showing Index reports data from more than six million property showings scheduled across the country each month. In other words, it’s a gauge of how many buyers are out looking...

Why Selling Your House with a Real Estate Professional Is Essential

Written by Fort Lauderdale Condo Financing on December 31, 2021. Posted in For Sellers, Fort Lauderdale Condo Financing, Fort Lauderdale Condo Mortgage Rates, FSBOs, Selling Myths.

Selling your house is no simple task. And when you sell on your own – known as a FSBO (or For Sale by Owner) – you’re responsible for handling some of the more difficult aspects of the process without the expert guidance you need. The 2021 Profile of Home Buyers and Sellers from the National Association of Realtors (NAR) surveys homeowners who recently sold their house on their own and asks what difficulties they faced. Those sellers say some of the biggest headaches are prepping their house for sale, pricing it right, and handling the required paperwork. Working with an agent is the best way...

Expert Insights on the 2022 Housing Market

Written by Fort Lauderdale Condo Financing on December 29, 2021. Posted in For Buyers, For Sellers, Fort Lauderdale Condo Financing, Fort Lauderdale Condo Mortgage Rates, Housing Market Updates, Interest Rates, Pricing.

As we move into 2022, both buyers and sellers are wondering, what’s next? Will there be more homes available to buy? Will prices keep climbing? How high will mortgage rates go? For the answer to those questions and more, we turn to the experts. Here’s a look at what they say we can expect in 2022. Odeta Kushi, Deputy Chief Economist, First American: “Consensus forecasts put rates at about 3.7% by the end of next year. So, that’s still historically low, but certainly higher than they are today.” Danielle Hale, Chief Economist, realtor.com: “Affordability will increasingly be a challenge...

The Average Homeowner Gained $56,700 in Equity over the Past Year

Written by Fort Lauderdale Condo Financing on December 23, 2021. Posted in For Sellers, Fort Lauderdale Condo Financing, Fort Lauderdale Condo Mortgage Rates, Housing Market Updates, Pricing.

When you think of homeownership, what’s the first thing that comes to mind? Chances are you might focus on the non-financial benefits, like the security or stability a home provides. But what about equity? While it can be overlooked, a homeowner’s equity helps build long-term wealth over time. Here’s a look at what equity is and why it matters. For a homeowner, your equity is the current value of your home minus what you owe on the loan. So, as home values climb, your equity does too. That’s exactly what’s happening today. There aren’t enough homes on the market to meet buyer demand, so bidding...

Homebuyers Are Going on a Shopping Spree This Winter

Written by Fort Lauderdale Condo Financing on December 23, 2021. Posted in For Buyers, For Sellers, Fort Lauderdale Condo Financing, Fort Lauderdale Condo Mortgage Rates, Housing Market Updates, Move-Up Buyers.

Black Friday and Cyber Monday are over, which means some shoppers have wrapped up their holiday buying. But there’s still a group of buyers that are very active this holiday season – homebuyers. Experts anticipate the real estate market will see a flurry of activity this winter, and that’s great news for today’s sellers. If you’re planning on listing your home, there’s no need to wait until the spring for better conditions – today’s real estate market is already heating up. Buyers Have Warmed Up to the Idea of Purchasing This Winter The past 18 months brought about significant lifestyle changes...

2022 Housing Market Forecast [INFOGRAPHIC]

Written by Fort Lauderdale Condo Financing on December 23, 2021. Posted in First Time Home Buyers, For Buyers, For Sellers, Fort Lauderdale Condo Financing, Fort Lauderdale Condo Mortgage Rates, Housing Market Updates, Infographics, Interest Rates, Move-Up Buyers, Pricing.

Some Highlights What does the coming year hold for the housing market? Here’s what experts project for 2022. Mortgage rates are projected to rise and so are home prices. Experts are forecasting buyer demand will remain strong as people try to capitalize on rates and prices before they climb, creating another strong year for home sales. Let’s connect so you can make your best move in the new year. Content previously posted on Keeping Current Matters

Category: For Sellers