Balancing Your Wants and Needs as a Homebuyer This Spring

Written by Florida VA Loan Syndicated User on March 16, 2023. Posted in Buying Myths, First Time Home Buyers, Florida VA Condo Loan, Florida VA Loan, Florida VA Loan Rates, For Buyers, Move-Up Buyers.

Though there are more homes for sale now than there were at this time last year, there’s still an undersupply with fewer houses available than in more normal, pre-pandemic years. The Monthly Housing Market Trends Report from realtor.com puts it this way: “While the number of homes for sale is increasing, it is still 43.2% lower than it was before the pandemic in 2017 to 2019. This means that there are still fewer homes available to buy on a typical day than there were a few years ago.”The current housing shortage has an impact on how you search for a home this spring. With limited options on...

An Expert Gives You Clarity in Today’s Housing Market

Written by Florida VA Loan Syndicated User on March 15, 2023. Posted in Buying Myths, First Time Home Buyers, Florida VA Condo Loan, Florida VA Loan, Florida VA Loan Rates, For Buyers, For Sellers, Move-Up Buyers, Selling Myths.

The housing market has been going through shifts lately. That’s why it’s so important to work with an industry professional who can be your guide throughout the process.A real estate expert uses their knowledge of what’s really happening with home prices, housing supply, expert projections, and more to give you the best advice. Someone who can provide clarity like that is critical right now. Jay Thompson, Real Estate Industry Consultant, explains:“Housing market headlines are everywhere. Many are quite sensational, ending with exclamation points or predicting impending doom for the industry....

Buying a Home May Make More Sense Than Renting [INFOGRAPHIC]

Written by Florida VA Loan Syndicated User on March 11, 2023. Posted in Buying Myths, First Time Home Buyers, Florida VA Condo Loan, Florida VA Loan, Florida VA Loan Rates, For Buyers, Infographics, Rent vs. Buy.

How To Make Your Dream of Homeownership a Reality

Written by Florida VA Loan Syndicated User on February 24, 2023. Posted in Buying Myths, Down Payments, First Time Home Buyers, Florida VA Condo Loan, Florida VA Loan, Florida VA Loan Rates, For Buyers, Housing Market Updates, Move-Up Buyers.

According to a recent Harris Poll survey, 8 in 10 Americans say buying a home is a priority, and 28 million Americans actually plan to buy within the next 12 months. Homeownership provides many financial and nonfinancial benefits, so that interest is understandable.

You May Not Need as Much as You Think for Your Down Payment [INFOGRAPHIC]

Written by Florida VA Loan Syndicated User on February 8, 2023. Posted in Buying Myths, Down Payments, First Time Home Buyers, Florida VA Condo Loan, Florida VA Loan, Florida VA Loan Rates, For Buyers, Infographics, Move-Up Buyers.

Think Twice Before Waiting for 3% Mortgage Rates

Written by Florida VA Loan Syndicated User on January 20, 2023. Posted in Buying Myths, First Time Home Buyers, Florida VA Condo Loan, Florida VA Loan, Florida VA Loan Rates, For Buyers, Interest Rates, Move-Up Buyers.

Last year, the Federal Reserve took action to try to bring down inflation. In response to those efforts, mortgage rates jumped up rapidly from the record lows we saw in 2021, peaking at just over 7% last October. Hopeful buyers experienced a hit to their purchasing power as a result, and some decided to press pause on their plans.

Key Terms To Know When Buying a Home [INFOGRAPHIC]

Written by Florida VA Loan Syndicated User on January 20, 2023. Posted in Buying Myths, Down Payments, First Time Home Buyers, Florida VA Condo Loan, Florida VA Loan, Florida VA Loan Rates, For Buyers, Infographics, Move-Up Buyers.

Category: Buying Myths