What’s Going on with Home Prices? Ask a Professional.

Written by Clearwater Mortgage Syndicated User on December 7, 2022. Posted in Clearwater, Clearwater FL Mortgage, Clearwater Mortgage, For Buyers, For Sellers, Housing Market Updates, Interest Rates, Mortgage Clearwater, Pricing.

If you’re thinking about buying or selling a home this year, you may have questions about what’s happening with home prices today as the market cools. In the simplest sense, nationally, experts don’t expect prices to come crashing down, but the level of home price moderation will depend on factors like supply and demand in each local market. That means, moving forward, home price appreciation will continue to vary by location, with more significant changes happening in overheated areas. Here’s a quick snapshot of what the experts are saying: Danielle Hale, Chief Economist at realtor.com, says: “The...

Winter Home Selling Checklist [INFOGRAPHIC]

Written by Clearwater Mortgage Syndicated User on December 3, 2022. Posted in Clearwater, Clearwater FL Mortgage, Clearwater Mortgage, For Sellers, FSBOs, Infographics, Mortgage Clearwater, Selling Myths.

Some Highlights As you get ready to sell your house, focus on tasks that make it inviting, show it’s cared for, and boost your curb appeal. This list will help you get started, but don’t forget, a real estate professional will provide other helpful tips based on your specific situation. Let’s connect so you have advice on what you may want to do to get your house ready to sell this season. Content previously posted on Keeping Current Matters

Why There Won’t Be a Flood of Foreclosures Coming to the Housing Market

Written by Clearwater Mortgage Syndicated User on December 1, 2022. Posted in Clearwater, Clearwater FL Mortgage, Clearwater Mortgage, Distressed Properties, For Buyers, For Sellers, Foreclosures, Mortgage Clearwater.

With the rapid shift that’s happened in the housing market this year, some people are raising concerns that we’re destined for a repeat of the crash we saw in 2008. But in truth, there are many key differences between what’s happening today and the bubble in the early 2000s. One of the reasons this isn’t like the last time is the number of foreclosures in the market is much lower now. Here’s a look at why there won’t be a wave of foreclosures flooding the market. Not as Many Homeowners Are in Trouble This Time After the last housing crash, over nine million households lost their homes due to...

3 Ways You Can Use Your Home Equity

Written by Clearwater Mortgage Syndicated User on November 30, 2022. Posted in Clearwater, Clearwater FL Mortgage, Clearwater Mortgage, For Sellers, Housing Market Updates, Mortgage Clearwater, Move-Up Buyers.

If you’re a homeowner, odds are your equity has grown significantly over the last few years as home prices skyrocketed and you made your monthly mortgage payments. Home equity builds over time and can help you achieve certain goals. According to the latest Equity Insights Report from CoreLogic, the average borrower with a home loan has almost $300,000 in equity right now. As you weigh your options, especially in the face of inflation and talk of a recession, it’s important to understand your assets and how you can leverage them. A real estate professional is the best resource to help you understand...

Your House Could Be the #1 Item on a Homebuyer’s Wish List During the Holidays

Written by Clearwater Mortgage Syndicated User on November 29, 2022. Posted in Clearwater, Clearwater FL Mortgage, Clearwater Mortgage, For Sellers, Housing Market Updates, Millennials, Mortgage Clearwater.

Each year, homeowners planning to make a move are faced with a decision: sell their house during the holidays or wait. And others who have already listed their homes may think about removing their listings and waiting until the new year to go back on the market. The truth is many buyers want to purchase a home for the holidays, and your house might be just what they’re looking for. Here are five great reasons you shouldn’t wait to sell your house. 1. While the supply of homes for sale has increased this year, there still aren’t enough homes on the market to keep up with buyer demand. As Nadia...

What Homeowners Want To Know About Selling in Today’s Market

Written by Clearwater Mortgage Syndicated User on November 23, 2022. Posted in Clearwater, Clearwater FL Mortgage, Clearwater Mortgage, For Sellers, Housing Market Updates, Mortgage Clearwater, Move-Up Buyers, Selling Myths.

If you’re thinking about selling your house, you’re likely hearing about the cooling housing market and wondering what that means for you. While it’s not the peak intensity we saw during the pandemic, we’re still in a sellers’ market. That means you haven’t missed your window. Realtor.com explains: “. . . while prospective home sellers may lament that they missed their prime window, in reality, this is still a terrific time to sell. In fact, according to a recent Realtor.com® home seller survey, 95% of sellers who sold their home in the past year got more than they paid for it. Nonetheless,...

Should You Update Your House Before You Sell? Ask a Real Estate Professional. [INFOGRAPHIC]

Written by Clearwater Mortgage Syndicated User on November 19, 2022. Posted in Clearwater, Clearwater FL Mortgage, Clearwater Mortgage, For Sellers, Housing Market Updates, Infographics, Mortgage Clearwater, Selling Myths.

Some Highlights You may be wondering what needs to be renovated before you sell your house. In today’s shifting market, making your house appealing is more important than ever. That’s why it’s essential to lean on a real estate professional who has in-depth knowledge of today’s housing market. They know what buyers are looking for and how to highlight any upgrades you make. Let’s connect so you know where to focus your efforts so your house will stand out in a today’s market. Content previously posted on Keeping Current Matters

Home Equity: A Source of Strength for Homeowners Today

Written by Clearwater Mortgage Syndicated User on November 15, 2022. Posted in Clearwater, Clearwater FL Mortgage, Clearwater Mortgage, For Sellers, Foreclosures, Housing Market Updates, Mortgage Clearwater.

Experts agree there’s no chance of a large-scale foreclosure crisis like we saw back in 2008, and that’s good news for the housing market. As Mark Fleming, Chief Economist at First American, says: “. . . don’t expect a housing bust like the mid-2000s, as lending standards in this housing cycle have been much tighter and homeowners have historically high levels of home equity, so there likely won’t be a surge in foreclosures.” Data from the Mortgage Bankers Association (MBA) helps tell this story. It shows the overall percentage of homeowners at risk is decreasing significantly with time (see...

What’s Ahead for Mortgage Rates and Home Prices?

Written by Clearwater Mortgage Syndicated User on November 10, 2022. Posted in Clearwater, Clearwater FL Mortgage, Clearwater Mortgage, First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Interest Rates, Mortgage Clearwater, Move-Up Buyers, Pricing.

Now that the end of 2022 is within sight, you may be wondering what’s going to happen in the housing market next year and what that may mean if you’re thinking about buying a home. Here’s a look at the latest expert insights on both mortgage rates and home prices so you can make your best move possible. Mortgage Rates Will Continue To Respond to Inflation There’s no doubt mortgage rates have skyrocketed this year as the market responded to high inflation. The increases we’ve seen were fast and dramatic, and the average 30-year fixed mortgage rate even surpassed 7% at the end of last month....

Category: For Sellers