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Category: Move-Up Buyers

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Housing Challenge or Housing Opportunity? It Depends.

Written by Ocala Mortgage Syndicated User on . 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...

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Your Home Equity Is Growing [INFOGRAPHIC]

Written by Ocala Mortgage Syndicated User on . 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

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Knowledge Is Power When It Comes to Appraisals and Inspections

Written by Ocala Mortgage Syndicated User on . Posted in Buying Myths, First Time Home Buyers, For Buyers, Mortgage Ocala, Move-Up Buyers, Ocala Mortgage.

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,...

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There Are More Homes Available Now than There Were This Spring

Written by Ocala Mortgage Syndicated User on . 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...

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

Written by Ocala Mortgage Syndicated User on . 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...

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