Is It Time To Move on to a New Home?

Written by Bonita Springs Mortgage Syndicated User on September 20, 2021. Posted in Bonita Springs Mortgage, For Buyers, For Sellers, Mortgage Bonita Springs, Move-Up Buyers.

If you’ve been in your home for longer than five years, you’re not alone. According to recent data from First American, homeowners are staying put much longer than historical averages (see graph below):As the graph shows, before 2008, homeowners sold their houses after an average of just five years. Today, that number has more than doubled to over 10 years. The housing industry refers to this as your tenure. To really explore tenure, it’s important to understand what drives people to make a move. An article from The Balance explores some of the primary reasons individuals choose to sell their...

Have You Ever Seen a Housing Market Like This? [INFOGRAPHIC]

Written by Bonita Springs Mortgage Syndicated User on September 17, 2021. Posted in Bonita Springs Mortgage, For Buyers, For Sellers, Housing Market Updates, Infographics, Interest Rates, Mortgage Bonita Springs, Rent vs. Buy.

Some Highlights Whether you’re buying or selling – today’s housing market has plenty of good news to go around. Buyers can take advantage of today’s mortgage rates to escape rising rents and keep monthly payments affordable. Sellers can reap the benefits of multiple offers and a fast sale. If this sounds like good news to you, let’s connect today so you can capitalize on the unique opportunity you have in today’s market. Content previously posted on Keeping Current Matters

Is the Number of Homes for Sale Finally Growing?

Written by Bonita Springs Mortgage Syndicated User on September 16, 2021. Posted in Bonita Springs Mortgage, First Time Home Buyers, For Buyers, Housing Market Updates, Mortgage Bonita Springs, Move-Up Buyers.

An important metric in today’s residential real estate market is the number of homes available for sale. The shortage of available housing inventory is the major reason for the double-digit price appreciation we’ve seen in each of the last two years. It’s the reason many would-be purchasers are frustrated with the bidding wars over the homes that are available. However, signs of relief are finally appearing. According to data from realtor.com, active listings have increased over the last four months. They define active listings as: “The active listing count tracks the number of for sale properties...

5 Tips for Making Your Best Offer

Written by Bonita Springs Mortgage Syndicated User on September 15, 2021. Posted in Bonita Springs Mortgage, First Time Home Buyers, For Buyers, Mortgage Bonita Springs, Move-Up Buyers.

In today’s sellers’ market, standing out as a buyer is critical. Multi-offer scenarios and bidding wars are the norm due to the low supply of houses for sale and high buyer demand. If you’re buying this fall, you’ll want every advantage, especially when you’ve found the home of your dreams. Below are five things to keep in mind when it’s time to make an offer. 1. Know Your Budget Knowing your budget and what you can afford is critical to your success as a homebuyer. The best way to understand your numbers is to work with a lender so you can get pre-approved for a loan. As Freddie Mac puts it: “This...

The Truth About Today’s Buyer Demand

Written by Bonita Springs Mortgage Syndicated User on September 15, 2021. Posted in Bonita Springs Mortgage, For Sellers, Housing Market Updates, Mortgage Bonita Springs, Selling Myths.

When it comes to the latest news in real estate, there are a lot of sensational headlines in the media. In times like this, when it can be hard to know what to believe, put your trust in the experts. Those of us in the housing market respect that buying or selling a home is a major life decision, and we offer advice based on what the data shows. Despite what you may have read, the housing market is still undeniably strong. Here’s a look at what leading experts have to say about buyer demand today and how it continues to shape the industry: Michael Lane, President at ShowingTime: “In general,...

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Is It Time To Move on to a New Home?

Have You Ever Seen a Housing Market Like This? [INFOGRAPHIC]

Is the Number of Homes for Sale Finally Growing?

5 Tips for Making Your Best Offer

The Truth About Today’s Buyer Demand

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