How Sellers Win When Housing Inventory Is Low

Written by Ocala Mortgage Syndicated User on November 10, 2021. Posted in For Sellers, Housing Market Updates, Mortgage Ocala, Ocala Mortgage, Pricing.

In today’s housing market, the number of homes for sale is much lower than the strong buyer demand. As a result, homeowners ready to sell have a significant advantage. Here are three ways today’s low inventory will set you up for a win when you sell this season. 1. Higher Prices With so many more buyers in the market than homes available for sale, homebuyers are frequently getting into bidding wars for the houses they want to purchase. According to the latest data from the National Association of Realtors (NAR), homes are receiving an average of 3.7 offers in today’s market. This buyer competition...

Numbers Don’t Lie – It’s Still a Great Time To Sell [INFOGRAPHIC]

Written by Ocala Mortgage Syndicated User on November 6, 2021. Posted in For Sellers, Housing Market Updates, Infographics, Mortgage Ocala, Ocala Mortgage, Selling Myths.

Some Highlights Heading into the end of the year, you might wonder if it’s still a good time to sell your house. Here’s what the latest data from the National Association of Realtors (NAR) says. Housing supply is lower than last year, and home prices are up nationwide. Meanwhile, the average home is selling fast and receiving several offers. Listing now puts your house in the spotlight, meaning it could sell quickly – and for more than you’d expect. Feeling motivated? If you’re ready to sell and capitalize on today’s market, let’s connect. Content previously posted on Keeping Current Ma...

Sellers Have Incredible Leverage in Today’s Market

Written by Ocala Mortgage Syndicated User on November 3, 2021. Posted in For Sellers, Housing Market Updates, Interest Rates, Mortgage Ocala, Move-Up Buyers, Ocala Mortgage, Pricing.

With mortgage rates climbing above 3% for the first time in months, serious buyers are more motivated than ever to find a home before the end of the year. Lawrence Yun, Chief Economist for the National Association of Realtors (NAR), puts it best, saying: “Housing demand remains strong as buyers likely want to secure a home before mortgage rates increase even further next year.” But the sense of urgency they feel is complicated by the lack of homes for sale in today’s market. According to the latest Existing Home Sales Report from NAR: “From one year ago, the inventory of unsold homes decreased...

Does Your House Have What Buyers Want?

Written by Ocala Mortgage Syndicated User on October 29, 2021. Posted in For Sellers, Housing Market Updates, Mortgage Ocala, Ocala Mortgage.

The rise in remote work is changing what many Americans want in their homes. Many companies are choosing to delay reopening or go remote full-time, and today’s buyers are looking for homes with more space to support their work needs. As a seller, if you no longer need the extra room you have in your home, rest assured there are buyers who do. Remote Work Is Here To Stay Remote work remains a reality for many Americans. A recent poll from Garter, Inc. shows many organizations have not yet returned their offices: “. . . 66% of organizations are delaying reopening their offices due to new COVID-19...

Housing Challenge or Housing Opportunity? It Depends.

Written by Ocala Mortgage Syndicated User on October 29, 2021. Posted in For Sellers, Housing Market Updates, Interest Rates, Mortgage Ocala, Move-Up Buyers, Ocala Mortgage, 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...

Your Home Equity Is Growing [INFOGRAPHIC]

Written by Ocala Mortgage Syndicated User on October 29, 2021. Posted in For Sellers, Housing Market Updates, Infographics, Mortgage Ocala, Move-Up Buyers, Ocala Mortgage.

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

There Are More Homes Available Now than There Were This Spring

Written by Ocala Mortgage Syndicated User on October 29, 2021. Posted in For Buyers, For Sellers, Housing Market Updates, Mortgage Ocala, Move-Up Buyers, Ocala Mortgage.

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...

Looking To Move? It Could Be Time To Build Your Dream Home.

Written by Ocala Mortgage Syndicated User on October 29, 2021. Posted in For Buyers, For Sellers, Mortgage Ocala, Move-Up Buyers, New Construction, Ocala Mortgage.

While today’s supply of homes for sale is still low, the number of newly built homes is increasing. If you’re ready to sell but have held off because you weren’t sure you’d be able to find a home to move into, newly built homes and those under construction can provide the options you’ve been waiting for. The latest Census data shows the inventory of new homes is increasing this year (see graph below):With more new homes coming to the market, this means you’ll have more options to choose from if you’re ready to buy. Of course, if you do consider a newly built home, you’ll want to keep timing...

Category: For Sellers