If You’re a Homeowner, You Have Incredible Leverage When You Sell Today

Written by Lakeland FL Mortgage Syndicated User on May 17, 2022. Posted in For Sellers, Housing Market Updates, Lakeland FL Mortgage, Mortgage Lakeland FL.

In today’s housing market, homeowners have a great opportunity to sell their house and receive the best terms for their personal situation. That’s because there’s a limited number of homes for sale, which is creating competition among buyers. Right now, homebuyers want three things: To be the winning bid on their dream home To buy before mortgage rates rise more To buy before home prices go even higher These buyer needs give you an amazing advantage – also known as leverage – when you sell. What Does This Mean for Sellers Today? You might already realize this enables you to sell at a good...

Should You Update Your House Before Selling? Ask a Real Estate Professional. [INFOGRAPHIC]

Written by Lakeland FL Mortgage Syndicated User on May 14, 2022. Posted in For Sellers, Infographics, Lakeland FL Mortgage, Mortgage Lakeland FL, Selling Myths.

Some Highlights If you’re deciding whether you should make updates before you sell your house, lean on your trusted real estate advisor to be your guide. In today’s sellers’ market, buyers have limited options and may be more willing to take on repairs themselves. If you’re thinking about selling your house, let’s connect so you have expert advice that’s customized to your home and our local area. Content previously posted on Keeping Current Matters

Will Home Prices Fall This Year? Here’s What Experts Say.

Written by Lakeland FL Mortgage Syndicated User on May 11, 2022. Posted in For Buyers, For Sellers, Housing Market Updates, Lakeland FL Mortgage, Mortgage Lakeland FL, Move-Up Buyers, Pricing.

Many people are wondering: will home prices fall this year? Whether you’re a potential homebuyer, seller, or both, the answer to this question matters for you. Let’s break down what’s happening with home prices, where experts say they’re headed, and how this impacts your homeownership goals. What’s Happening with Home Prices? Home prices have seen 121 consecutive months of year-over-year increases. CoreLogic says: “Price appreciation averaged 15% for the full year of 2021, up from the 2020 full year average of 6%.” So why are prices climbing so much? It’s because there are more buyers than...

Your House Could Be Closer to List-Ready Than You Think

Written by Lakeland FL Mortgage Syndicated User on May 4, 2022. Posted in For Sellers, Lakeland FL Mortgage, Mortgage Lakeland FL, Selling Myths.

One of the biggest concerns for a homeowner looking to sell is the time they’ll have to put in before listing their house. If that’s the case for you, you should know – your home might be closer to list-ready than you think in today’s housing market. A survey of recent sellers from realtor.com finds that many were able to get their house ready in less than a month. It says: “With many homeowners expecting a quick sale, and in many cases a lack of contingencies, the preparation process took less than a month for over 50% of home sellers this past year, with 20% completing it in less than two...

Today’s Home Price Appreciation Is Great News for Existing Homeowners

Written by Lakeland FL Mortgage Syndicated User on May 4, 2022. Posted in For Sellers, Housing Market Updates, Lakeland FL Mortgage, Mortgage Lakeland FL, Move-Up Buyers, Pricing.

If you’re planning to sell your home this season, rising prices are great news for you. But it’s important to understand why prices are rising to begin with. One major factor is supply and demand. In any industry, when there are more buyers for an item than there are of that item available, prices naturally rise. In those situations, buyers are willing to pay more to get the product or service they’re looking for when options are scarce. And that’s exactly what’s happening in the current real estate market. Selma Hepp, Executive, Research & Insights and Deputy Chief Economist at CoreLogic,...

Myths About Today’s Housing Market [INFOGRAPHIC]

Written by Lakeland FL Mortgage Syndicated User on April 23, 2022. Posted in Buying Myths, For Buyers, For Sellers, Infographics, Lakeland FL Mortgage, Mortgage Lakeland FL, Selling Myths.

Some Highlights If you’re planning to buy or sell a home today, it’s important to be aware of common misconceptions. Whether it’s timing your purchase as a buyer based on home prices and mortgage rates or knowing what to upgrade or repair before listing your house as a seller, it takes a professional to guide you through those decisions. Let’s connect so you have an expert to help separate fact from fiction in today’s housing market. Content previously posted on Keeping Current Matters

Why This Housing Market Is Not a Bubble Ready To Pop

Written by Lakeland FL Mortgage Syndicated User on April 22, 2022. Posted in For Buyers, For Sellers, Foreclosures, Housing Market Updates, Lakeland FL Mortgage, Mortgage Lakeland FL, Pricing.

Homeownership has become a major element in achieving the American Dream. A recent report from the National Association of Realtors (NAR) finds that over 86% of buyers agree homeownership is still the American Dream. Prior to the 1950s, less than half of the country owned their own home. However, after World War II, many returning veterans used the benefits afforded by the GI Bill to purchase a home. Since then, the percentage of homeowners throughout the country has increased to the current rate of 65.5%. That strong desire for homeownership has kept home values appreciating ever since. The...

Is It Time To Buy a Smaller Home?

Written by Lakeland FL Mortgage Syndicated User on April 19, 2022. Posted in Baby Boomers, For Buyers, For Sellers, Lakeland FL Mortgage, Mortgage Lakeland FL, Senior Market.

Life events can have a major impact on what you need from your home, and retirement is one of the biggest changes many of us face. This period of your life can mean doing more of the things you enjoy, like traveling, visiting with loved ones, or taking on new hobbies. But what does that mean for your home? If you’re looking for ways to focus more on the important things in your life, the answer could be downsizing. A recent article from The Balance talks about why it could be a great option, saying: “There are many reasons to buy a smaller home—or to downsize from your present home—but sometimes,...

On the Fence of Whether or Not To Move This Spring? Consider This.

Written by Lakeland FL Mortgage Syndicated User on April 15, 2022. Posted in For Buyers, For Sellers, Housing Market Updates, Lakeland FL Mortgage, Mortgage Lakeland FL, Move-Up Buyers.

If you’re thinking of selling your house, it may be because you’ve heard prices are rising, listings are going fast, and sellers are getting multiple offers on their homes. But why are conditions so good for sellers today? And what can you expect when you move? To help answer both of those questions, let’s turn to the data. Today, there are far more buyers looking for homes than sellers listing their houses. Here are the maps of the latest buyer and seller traffic from the National Association of Realtors (NAR) to help paint the picture of what this looks like: Notice how much darker the blues...

Why a Real Estate Professional Is Key When Selling Your House

Written by Lakeland FL Mortgage Syndicated User on April 13, 2022. Posted in For Sellers, FSBOs, Lakeland FL Mortgage, Mortgage Lakeland FL, Pricing, Selling Myths.

With today’s real estate market moving as fast as it is, working with a real estate professional is more essential than ever. They have the skills, experience, and expertise it takes to navigate the highly detailed and involved process of selling a home. That may be why the percentage of people who list their houses on their own, known as a FSBO or For Sale By Owner, has reached its lowest point since 1985 (see graph below): Here are five reasons why selling with a real estate professional makes more sense, even in today’s hot market: 1. They Know What Buyers Want To See Before you decide...

Category: For Sellers