What’s Causing Ongoing Home Price Appreciation?

Written by Ocala Mortgage Syndicated User on July 26, 2022. Posted in For Buyers, For Sellers, Housing Market Updates, Mortgage Ocala, Ocala Mortgage, Pricing.

If you’re thinking about making a move, you probably want to know what’s going to happen to home prices for the rest of the year. While experts say price growth will moderate due to the shifting market, ongoing appreciation is expected. That means home prices won’t fall. Here’s a look at two key reasons experts forecast continued price growth: supply and demand. While Growing, Housing Supply Is Still Low Even though inventory is increasing this year as the market moderates, supply is still low. The graph below helps tell the story of why there still aren’t enough homes on the market today....

Florida Mortgage | Expert Insights on Where the Housing Market Is Heading

Written by Ocala Mortgage Syndicated User on July 24, 2022. Posted in Mortgage Ocala, Ocala Mortgage.

Expert Insights on Where the Housing Market Is Heading. Want to know what the future holds for rates, prices, and inventory? Contact our mortgage experts to answer your housing market questions. | NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany #housingmarket #realestate #expertinsights

Great News About Housing Inventory [INFOGRAPHIC]

Written by Ocala Mortgage Syndicated User on July 23, 2022. Posted in First Time Home Buyers, For Buyers, Housing Market Updates, Infographics, Mortgage Ocala, Move-Up Buyers, Ocala Mortgage.

Some Highlights Experts say the number of homes for sale is growing this year, and that can have a big impact on your move. If you’re planning to buy, additional options in today’s market may be just what you’ve been waiting for. More inventory means added opportunities to find the home of your dreams. Let’s connect so you have the latest information on available homes in our area. Content previously posted on Keeping Current Matters

Florida Mortgage | Here is how to get the best mortgage rate with recent rate hikes

Written by Ocala Mortgage Syndicated User on July 22, 2022. Posted in Mortgage Ocala, Ocala Mortgage.

Here is how to get the best mortgage rate with recent rate hikes. NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany

Think Home Prices Are Going To Fall? Think Again

Written by Ocala Mortgage Syndicated User on July 22, 2022. Posted in First Time Home Buyers, For Buyers, Housing Market Updates, Mortgage Ocala, Move-Up Buyers, Ocala Mortgage, Pricing.

Over the last two years, the rate of home prices appreciated at a dramatic pace. While that led to incredible equity gains for homeowners, it’s also caused some buyers to wonder if home prices will fall. It’s important to know the housing market isn’t a bubble about to burst, and home price growth is supported by strong market fundamentals. To understand why price declines are unlikely, it’s important to explore what caused home prices to rise so much recently, and where experts say home prices are headed. Here’s what you need to know. Home Prices Rose Significantly in Recent Years The graph...

Should You Buy a Home with Inflation This High?

Written by Ocala Mortgage Syndicated User on July 21, 2022. Posted in Buying Myths, For Buyers, Mortgage Ocala, Ocala Mortgage, Pricing.

While the Federal Reserve is working hard to bring down inflation, the latest data shows the inflation rate is still going up. You no doubt are feeling the pinch on your wallet at the gas pump or the grocery store, but that news may also leave you wondering: should I still buy a home right now? Greg McBride, Chief Financial Analyst at Bankrate, explains how inflation is affecting the housing market: “Inflation will have a strong influence on where mortgage rates go in the months ahead. . . . Whenever inflation finally starts to ease, so will mortgage rates — but even then, home prices are...

Why Pre-Approval Is a Game Changer for Homebuyers

Written by Ocala Mortgage Syndicated User on July 20, 2022. Posted in First Time Home Buyers, For Buyers, Mortgage Ocala, Move-Up Buyers, Ocala Mortgage.

If you’re planning to buy a home this year, you might have heard that pre-approval is a necessary step to take before starting out on your journey. But why is that? And is it still important in today’s shifting market? The truth is, getting a pre-approval letter from your lender is critical, and when it comes to your home search, it can be a game changer in so many ways. To better understand why, it’s important to know what pre-approval is. Freddie Mac defines the process like this: “A pre-approval is an indication from your lender that they are willing to lend you a certain amount of money...

Wondering Where You’ll Move if You Sell Your House Today?

Written by Ocala Mortgage Syndicated User on July 19, 2022. Posted in For Sellers, Housing Market Updates, Mortgage Ocala, Move-Up Buyers, New Construction, Ocala Mortgage.

If you put a pause on your home search because you weren’t sure where you’d go once you sold your house, it might be a good time to get back into the market. That’s because today’s market is undergoing a shift, and the supply of homes for sale is increasing as a result. That means you may have a better chance of finding a home that will meet your current needs. Here are some options to consider. Buying an Existing Home Can Give You That Lived-in Charm According to the National Association of Realtors (NAR), the supply of existing homes (a home that’s been previously owned) has steadily increased...

Should I Rent or Should I Buy? [INFOGRAPHIC]

Written by Ocala Mortgage Syndicated User on July 16, 2022. Posted in First Time Home Buyers, For Buyers, Infographics, Mortgage Ocala, Ocala Mortgage, Rent vs. Buy.

Some Highlights It’s worth considering the many benefits of homeownership before you make the decision to rent or buy a home. When you buy, you can stabilize your housing costs, own a tangible asset, and grow your net worth as you gain equity. When you rent, you face rising housing costs, won’t see a return on your investment, and limit your ability to save. If you want to learn more about the benefits of homeownership, let’s connect today. Content previously posted on Keeping Current Matters

Florida Mortgage | Lean on a Real Estate Expert When You Sell in Today’s Shifting Market

Written by Ocala Mortgage Syndicated User on July 16, 2022. Posted in Mortgage Ocala, Ocala Mortgage.

Lean on a Real Estate Expert When You Sell in Today’s Shifting Market. Today’s market is at a turning point. Get an expert in your corner when you sell your house.NMLS ID 1834853 #floridamortgage #floridarealestate #floridarealestatemarket #realestatemarketshift

Tag: #ocalamortgagerates