There Are More Homes Available Now than There Were This Spring

Written by Lakeland FL Mortgage Syndicated User on November 1, 2021. Posted in For Buyers, For Sellers, Housing Market Updates, Lakeland FL Mortgage, Mortgage Lakeland FL, Move-Up Buyers.

There’s a lot of talk lately about how challenging it can be to find a home to buy. While housing inventory is still low, there are a few important things to understand about the supply of homes for sale as we move into the end of the year. The Number of Homes for Sale Usually Peaks in the Fall In the residential real estate market, trends generally follow a predictable and seasonal pattern. Typically, the number of homes available for sale (or active monthly listings) peaks in the fall. But in a chapter where so little feels normal, the question becomes: should we expect a fall peak this year? If...

Housing Challenge or Housing Opportunity? It Depends.

Written by Lakeland FL Mortgage Syndicated User on November 1, 2021. Posted in For Sellers, Housing Market Updates, Interest Rates, Lakeland FL Mortgage, Mortgage Lakeland FL, Move-Up Buyers, Pricing.

The biggest challenge in real estate today is the lack of available homes for sale. The low housing supply has caused homes throughout the country to appreciate at a much faster rate than what we’ve experienced historically. There are many reasons for the limited number of homes on the market, but as you can see in the graph below, we’re well below where we’ve been for most of the past 10 years. Today, across the country, there is only a 2.4-month supply of homes available for sale. The Opportunity This lack of homes for sale is creating a challenge for many buyers who are growing frustrated...

Knowledge Is Power When It Comes to Appraisals and Inspections

Written by Lakeland FL Mortgage Syndicated User on November 1, 2021. Posted in Buying Myths, Featured, First Time Home Buyers, For Buyers, Lakeland FL Mortgage, Mortgage Lakeland FL, Move-Up Buyers.

Buyers in today’s market often have questions about the importance of getting a home appraisal and an inspection. That’s because high buyer demand and low housing supply are driving intense competition and leading some buyers to consider waiving those contingencies to stand out in the crowded market. But is that the best move? Buying a home is one of the most important transactions in your lifetime, and it’s critical to keep your best interests in mind. Here’s a breakdown of what to expect from the appraisal and the inspection, and why each one can potentially save you a lot of time, money,...

Your Home Equity Is Growing [INFOGRAPHIC]

Written by Lakeland FL Mortgage Syndicated User on November 1, 2021. Posted in For Sellers, Housing Market Updates, Infographics, Lakeland FL Mortgage, Mortgage Lakeland FL, Move-Up Buyers.

Some Highlights If you’re a homeowner, today’s rising equity is great news. On average, homeowners have gained $51,500 in equity since this time last year. Whether it’s funding an education, fueling your next move, or starting a business, your home equity is a great tool you can use to power your dreams. Ready to sell? Let’s connect to talk about how you can take advantage of your rising equity to reach your goals. Content previously posted on Keeping Current Matters

Category: Move-Up Buyers

There Are More Homes Available Now than There Were This Spring

Housing Challenge or Housing Opportunity? It Depends.

Knowledge Is Power When It Comes to Appraisals and Inspections

Your Home Equity Is Growing [INFOGRAPHIC]