Think Home Prices Are Going To Fall? Think Again

Written by Palm Coast FL Mortgage Syndicated User on July 22, 2022. Posted in First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, Palm Coast FL Condo Financing, Palm Coast FL Mortgage, Palm Coast FL Mortgage Rates, 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...

Should You Buy a Home with Inflation This High?

Written by Palm Coast FL Mortgage Syndicated User on July 21, 2022. Posted in Buying Myths, For Buyers, Palm Coast FL Condo Financing, Palm Coast FL Mortgage, Palm Coast FL Mortgage Rates, 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...

Should I Buy a Home Right Now?

Written by Palm Coast FL Mortgage Syndicated User on July 14, 2022. Posted in First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, Palm Coast FL Condo Financing, Palm Coast FL Mortgage, Palm Coast FL Mortgage Rates, Pricing.

If you’ve been thinking about buying a home, you likely have one question on the top of your mind: should I buy right now, or should I wait? While no one can answer that question for you, here’s some information that could help you make your decision. The Future of Home Price Appreciation Each quarter, Pulsenomics surveys a national panel of over 100 economists, real estate experts, and investment and market strategists to compile projections for the future of home price appreciation. The output is the Home Price Expectation Survey. In the latest release, it forecasts home prices will...

Expert Housing Market Forecasts for the Second Half of the Year

Written by Palm Coast FL Mortgage Syndicated User on July 14, 2022. Posted in For Buyers, For Sellers, Housing Market Updates, Interest Rates, Palm Coast FL Condo Financing, Palm Coast FL Mortgage, Palm Coast FL Mortgage Rates, Pricing.

The housing market is at a turning point, and if you’re thinking of buying or selling a home, that may leave you wondering: is it still a good time to buy a home? Should I make a move this year? To help answer those questions, let’s turn to the experts for projections on what the second half of the year holds for residential real estate. Where Mortgage Rates Will Go Depends on Inflation While one of the big questions on all buyers’ minds is where will mortgage rates go in the months ahead, no one has a crystal ball to know exactly what’ll happen in the future. What housing market experts...

Why Growing Home Equity Is Great News if You Plan To Move [INFOGRAPHIC]

Written by Palm Coast FL Mortgage Syndicated User on July 14, 2022. Posted in For Sellers, Housing Market Updates, Infographics, Move-Up Buyers, Palm Coast FL Condo Financing, Palm Coast FL Mortgage, Palm Coast FL Mortgage Rates, Pricing.

Some Highlights According to the latest data from CoreLogic, the average homeowner gained $64,000 in home equity over the past 12 months. That much equity can be a game-changer when you move. When you sell, it could be some (if not all) of what you need for a down payment on your next home. To find out how much equity you have in your home and how you can use it, let’s connect today. Content previously posted on Keeping Current Matters

How Your Equity Can Grow over Time

Written by Palm Coast FL Mortgage Syndicated User on July 14, 2022. Posted in For Sellers, Move-Up Buyers, Palm Coast FL Condo Financing, Palm Coast FL Mortgage, Palm Coast FL Mortgage Rates, Pricing.

It’s true that record levels of home price appreciation have spurred significant equity gains for homeowners over the past few years. As Diana Olick, Real Estate Correspondent at CNBC, says: “The stunning jump in home values over the course of the Covid-19 pandemic has given U.S. homeowners record amounts of housing wealth.” That’s great for your home’s value over the last couple of years, but what if you’ve lived in your home for longer than that? You may be wondering how much equity you truly have. The National Association of Realtors (NAR) has done a study to calculate the typical...

Category: Pricing