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The Number of Homes for Sale Is Increasing

Written by Pembroke Pines Mortgage Syndicated User on May 17, 2024. Posted in For Buyers, Inventory, Pembroke Pines Condo Mortgages, Pembroke Pines Mortgage, Pembroke Pines Mortgage Rates.

There’s no denying the last couple of years have been tough for anyone trying to buy a home because there haven’t been enough houses to go around. But things are starting to look up.There are more homes up for grabs this year. The graph below uses the latest data from Realtor.com to show in April 2024 there were more homes for sale than there were over the last few years (2021-2023): As Realtor.com explains:“There were 30.4% more homes actively for sale on a typical day in April compared with the same time in 2023, marking the sixth consecutive month of annual inventory growth.”But does...

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Why a Condo May Be a Great Option for Your First Home

Written by Pembroke Pines Mortgage Syndicated User on May 16, 2024. Posted in Buying Tips, First-Time Buyers, For Buyers, Pembroke Pines Condo Mortgages, Pembroke Pines Mortgage, Pembroke Pines Mortgage Rates.

Having a hard time finding a first home that’s right for you and your wallet? Well, here’s a tip – think about condominiums, or condos for short.They’re usually smaller than single-family homes, but that’s exactly why they can be easier on your budget. According to the latest data from the National Association of Realtors (NAR), condos are typically less expensive than single-family homes (see graph below):So, if you’re comfortable with a smaller space and want to buy your first home this year, adding condos to your search might be easier on your wallet.Besides...

Thinking of Selling? You Want an Agent with These Skills

Written by Pembroke Pines Mortgage Syndicated User on May 15, 2024. Posted in For Sellers, Pembroke Pines Condo Mortgages, Pembroke Pines Mortgage, Pembroke Pines Mortgage Rates, Selling Tips.

Selling your house is a big decision. Your home is one of the biggest investments you’ve probably ever made, and it’s a place where you’ve created countless memories. That combo means there’s going to be a lot of emotions involved. You want someone who understands your perspective, knows what it feels like, and is an expert at helping homeowners just like you navigate the process of selling a home.That’s where a good listing agent, also known as a seller’s agent, comes in. Here are just a few skills you’ll want your agent to have.The Ability To Turn Something Complex into Something...

Home Prices Are Climbing in These Top Cities

Written by Pembroke Pines Mortgage Syndicated User on May 14, 2024. Posted in For Buyers, For Sellers, Home Prices, Pembroke Pines Condo Mortgages, Pembroke Pines Mortgage, Pembroke Pines Mortgage Rates.

Thinking about buying a home or selling your current one to find a better fit? If so, you might be wondering what’s going on with home prices these days. Here’s the scoop.The latest national data from Case-Shiller and the Federal Housing Finance Agency (FHFA) shows they’re going up (see graphs below):As you can see, home prices were rising for most of 2023. But over the course of December and January, they were virtually flat – which is pretty normal for that time of year.But here’s what you need to know now. As of February, when the spring market kicked off, prices were...

The Sun Is Shining on Sellers This Summer [INFOGRAPHIC]

Written by Pembroke Pines Mortgage Syndicated User on May 11, 2024. Posted in For Sellers, Infographics, Pembroke Pines Condo Mortgages, Pembroke Pines Mortgage, Pembroke Pines Mortgage Rates, Selling Tips.

Some HighlightsIf your needs have changed, now’s a great time to sell and get the features you want most.Many buyers are eager to move between the school years, so you may see a faster sale, multiple offers, a higher final sales price, and more.If you want to get your house ready for a summer listing, connect with a local real estate professional.

The Top 2 Reasons To Consider a Newly Built Home

Written by Pembroke Pines Mortgage Syndicated User on May 10, 2024. Posted in Buying Tips, First-Time Buyers, For Buyers, Inventory, New Construction, Pembroke Pines Condo Mortgages, Pembroke Pines Mortgage, Pembroke Pines Mortgage Rates.

When you’re planning a move, it’s normal to wonder where you’ll end up and what your future home is going to look like. Maybe you’ve got a specific picture of that house in your mind. But unless you came into this process knowing you want to buy a newly built home, you may not have pictured new home construction.A trusted real estate agent can help walk you through these two reasons you may want to reconsider that.1. Adding Newly Built Homes Could Give You More OptionsThere are two types of homes on the market: new and existing. A newly built home refers to a house that was just built or is...

How Buying or Selling a Home Benefits Your Community

Written by Pembroke Pines Mortgage Syndicated User on May 9, 2024. Posted in For Buyers, For Sellers, Pembroke Pines Condo Mortgages, Pembroke Pines Mortgage, Pembroke Pines Mortgage Rates.

If you’re thinking of buying or selling a house, it’s important to know it doesn’t just impact you—it helps out the local economy and your community, too.Every year, the National Association of Realtors (NAR) puts out a report that breaks down the financial impact that comes from people buying and selling homes (see visual below):When a house is sold, it really boosts the local economy. That’s because of all the people needed to build, fix up, and sell homes. Robert Dietz, Chief Economist at the National Association of Home Builders (NAHB), explains how the housing...

Tips for Younger Homebuyers: How To Make Your Dream a Reality

Written by Pembroke Pines Mortgage Syndicated User on May 8, 2024. Posted in First-Time Buyers, For Buyers, Pembroke Pines Condo Mortgages, Pembroke Pines Mortgage, Pembroke Pines Mortgage Rates.

If you’re a member of a younger generation, like Gen Z, you may be asking the question: will I ever be able to buy a home? And chances are, you’re worried that’s not going to be in the cards with inflation, rising home prices, mortgage rates, and more seemingly stacked against you.While there’s no arguing this housing market is challenging for first-time homebuyers, it is still achievable, especially if you have professionals on your side.Here are some helpful tips you may get from a pro.1. Explore Your Options for a Down PaymentIf a down payment is your #1 hurdle, you may have options to...

What’s Motivating Your Move?

Written by Pembroke Pines Mortgage Syndicated User on May 7, 2024. Posted in For Sellers, Pembroke Pines Condo Mortgages, Pembroke Pines Mortgage, Pembroke Pines Mortgage Rates, Selling Tips.

Thinking about selling your house? As you make your decision, consider what’s pushing you to think about moving. A recent survey from Realtor.com looked into why people want to sell their homes this year. Here are the top two reasons (see graphic below):Let’s take a closer look and see if they’re motivating you to make a change too.1. To Make a ProfitIf you’re thinking about selling your house, you probably have a lot of questions on your mind. Well, here’s some good news – the latest data shows most sellers get a great return on their investment when they sell. ATTOM, a...

Builders Are Building Smaller Homes [INFOGRAPHIC]

Written by Pembroke Pines Mortgage Syndicated User on May 4, 2024. Posted in First-Time Buyers, For Buyers, Infographics, Pembroke Pines Condo Mortgages, Pembroke Pines Mortgage, Pembroke Pines Mortgage Rates.

Some HighlightsHaving a hard time finding a home in your budget? ?Builders may have a solution that can help.Builders are shifting their attention to what buyers want most right now – smaller, more affordable homes.If you want to see what’s available locally and in other areas nearby, connect with an agent to explore your options together.

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