Buying Myths Should You Buy a Home with Inflation This High? Should You Buy a Home with Inflation This High? 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 […]
First-Time Home Buyers Why Pre-Approval Is a Game Changer for Homebuyers 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 […]
Uncategorized June 2022 Market Statistics for Northeast Florida The local real estate market is moderating after two years of home value appreciation near 20% per year. This appreciation rate was unsustainable in the long term and had to return to the market norms (approx 4%).  Supply (inventory) has risen but only to about 50% of a regular market. On the negative side, demand […]
First-Time Home Buyers Should I Buy a Home Right Now? Should I Buy a Home Right Now? 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 […]
Uncategorized Happy 4th of July
Buying Myths Homeownership Could Be in Reach with Down Payment Assistance Programs Homeownership Could Be in Reach with Down Payment Assistance Programs A recent survey from Bankrate asks prospective buyers to identify the biggest obstacles in their homebuying journey. It found that 36% of those polled said saving for a down payment is one of their primary hurdles to buying a home. If you feel the same way, the good […]
For Sellers Why an Agent is Essential When Pricing Your House Some Highlights When it comes to pricing your house, there’s a lot to consider. The only way to ensure you price it right is by partnering with a local real estate professional. To find the best price, your agent balances current market demand, the values of homes in your neighborhood, where prices are headed, and your […]
For Buyers Two Reasons Why Today’s Housing Market Isn’t a Bubble Two Reasons Why Today’s Housing Market Isn’t a Bubble You may be reading headlines and hearing talk about a potential housing bubble or a crash, but it’s important to understand that the data and expert opinions tell a different story. A recent survey from Pulsenomics asked over one hundred housing market experts and real estate economists if they […]
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For Sellers The Average Homeowner Gained $64K in Equity over the Past Year The Average Homeowner Gained $64K in Equity over the Past Year If you own a home, your net worth likely just got a big boost thanks to rising home equity. Equity is the current value of your home minus what you owe on the loan. And today, based on recent home price appreciation, you’re building that equity […]
For Sellers A Majority of Consumers Say It’s a Good Time To Sell Your House A Majority of Consumers Say It’s a Good Time To Sell Your House If you’re a homeowner thinking about selling your house, you’re probably looking for the best time to make your move. That means you’re likely balancing a number of factors, like your changing needs, where you’ll go when you sell, and today’s mortgage rates in […]
For Buyers Why the Growing Number of Homes for Sale Is Good for Your Move Up Why the Growing Number of Homes for Sale Is Good for Your Move Up Are you thinking about selling your current home? If so, the biggest question on your mind may be: if I sell now, where will I go? If this resonates with you, there’s something you should know. The number of homes coming onto the market is […]
First-Time Home Buyers What Does the Rest of the Year Hold for the Housing Market? What Does the Rest of the Year Hold for the Housing Market?   If you’re thinking of buying or selling a house, you’re at an exciting decision point. And anytime you make a big decision like that, you should always consider timing. So, what does the rest of the year hold for the housing market? Here’s what experts […]
For Buyers Why Summer Is a Great Time To Buy a Vacation Home Why Summer Is a Great Time To Buy a Vacation Home You may be someone who looks forward to summer each year because it gives you an opportunity to rest, unwind, and enjoy more quality time with your loved ones. Now that summer is just around the corner, it’s worthwhile to start thinking about your […]
For Buyers How Buying or Selling a Home Benefits the Economy and Your Community How Buying or Selling a Home Benefits the Economy and Your Community If you’re thinking of buying or selling a home, chances are you’re focusing on the many extraordinary ways it’ll change your life. But do you know it has a large impact on your community too? To measure that impact, the National Association of Realtors (NAR) releases a report each year to […]
For Buyers Work With a Real Estate Professional if You Want the Best Advice Work With a Real Estate Professional if You Want the Best Advice Because buying or selling a home is such a big decision in our lives, the need for clear, trustworthy information and guidance is crucial. And while no one can give you perfect advice, when you align yourself with an expert, you’ll get the best advice for your situation. An […]
Buying Myths Don’t Let Rising Inflation Delay Your Homeownership Plans [INFOGRAPHIC] Don’t Let Rising Inflation Delay Your Homeownership Plans [INFOGRAPHIC] Some Highlights If recent headlines about rising inflation are making you wonder if it’s still a good time to buy, here’s what experts have to say. Housing is an asset that typically grows in value. Plus, your mortgage helps stabilize your monthly housing costs, and buying protects you from rising rents. Experts […]
For Buyers The One Thing Every Homeowner Needs To Know About a Recession The One Thing Every Homeowner Needs To Know About a Recession A recession does not equal a housing crisis. That’s the one thing that every homeowner today needs to know. Everywhere you look, experts are warning we could be heading toward a recession, and if true, an economic slowdown doesn’t mean homes will lose value. […]
Market Statistics Northeast Florida Market Statistics – April 22 High-Level Summary: Supply – Inventory is very low at 1.2 months (vs 6 months in a balanced market) Demand – Very High. Properties are being sold almost as fast as they are listed. (Median Days Active on Market = 12 days). Prices – Prices continue to rise at a high rate (23.9% Y/Y) 41.8% of […]
First-Time Home Buyers How Homeownership Can Bring You Joy How Homeownership Can Bring You Joy If you’re trying to decide whether to rent or buy a home, you’re probably weighing a few different factors. The financial benefits of homeownership might be one of the reasons you want to make a purchase if you’re a renter, but the decision can also be motivated by having a place […]
For Sellers If You’re a Homeowner, You Have Incredible Leverage When You Sell Today If You’re a Homeowner, You Have Incredible Leverage When You Sell Today In today’s housing market, homeowners have an excellent opportunity to sell their houses and receive the best terms for their situation. That’s because there’s a limited number of homes for sale, creating competition among buyers. Right now, homebuyers want three things: To be the winning […]