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Category: Interest Rates

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

Written by Fort Lauderdale Condo Financing on . 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...

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Expert Insights on the 2022 Housing Market

Written by Fort Lauderdale Condo Financing on . 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...

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2022 Housing Market Forecast [INFOGRAPHIC]

Written by Fort Lauderdale Condo Financing on . 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

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Homebuyers: Be Ready To Act This Winter

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

To succeed as a buyer in today’s market, it’s important to understand which market trends will have the greatest impact on your home search. Danielle Hale, Chief Economist at realtor.com, says there are two factors every buyer should keep their eyes on: “Going forward, the conditions buyers face are primarily dependent on two things: mortgage rates and housing supply.” Here’s a look at each one. Mortgage Rates Projected To Rise in 2022 As a buyer, your interest rate directly impacts how much you’ll pay on your monthly mortgage when you purchase a home. Rates are beginning to rise, and experts...

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