The Perks of Downsizing When You Retire [INFOGRAPHIC]

Written by Sunny Isles Beach Mortgage Syndicated User on April 11, 2024. Posted in For Sellers, Infographics, Mortgage Sunny Isles Beach, Sunny Isles Beach Beach Mortgage.

Some HighlightsIf you’re about to retire, or just did, downsizing can be a good way to try to cut down on some of your expenses.Smaller homes typically have lower energy and maintenance costs. Plus, you may have enough equity built up to fuel your move.If you’re thinking about moving to a smaller home, connect with a real estate professional to go over your goals and look at your options in the local market.

Should I Move with Today’s Mortgage Rates?

Written by Sunny Isles Beach Mortgage Syndicated User on April 11, 2024. Posted in For Sellers, Mortgage Rates, Mortgage Sunny Isles Beach, Sunny Isles Beach Beach Mortgage.

When mortgage rates spiked up over the last few years, some homeowners put their plans to move on pause. Maybe you did too because you didn’t want to sell and take on a higher mortgage rate for your next home. But is that still the right strategy for you?In today’s market, data shows more homeowners are getting used to where rates are and thinking it may be time to move. As Mark Zandi, Chief Economist at Moody’s Analytics, explains:“Listings are up a bit as life events and job changes are putting increasing pressure on locked-in homeowners to sell their homes. Homeowners may also be slowly coming...

Why Overpricing Your House Can Cost You

Written by Sunny Isles Beach Mortgage Syndicated User on April 3, 2024. Posted in For Sellers, Mortgage Sunny Isles Beach, Selling Myths, Sunny Isles Beach Beach Mortgage.

If you’re trying to sell your house, you may be looking at this spring season as the sweet spot – and you’re not wrong. We’re still in a seller’s market because there are so few homes for sale right now. And historically, this is the time of year when more buyers move, and competition ticks up. That makes this an exciting time to put up that for sale sign.But while conditions are great for sellers like you, you’ll still want to be strategic when it comes time to set your asking price. That’s because pricing your house too high may actually cost you in the long run.The Downside of Overpricing...

The Best Week To List Your House Is Almost Here

Written by Sunny Isles Beach Mortgage Syndicated User on April 2, 2024. Posted in For Sellers, Mortgage Sunny Isles Beach, Selling Myths, Sunny Isles Beach Beach Mortgage.

Are you thinking about making a move? If so, now may be the perfect time to start the process. That’s because experts say the best week to list your house is just around the corner.A recent Realtor.com study looked at housing market trends over the past several years (with the exception of 2020, since it was an unusual year), and found the best week to put your house on the market this year is April 14-20:“Every year, one week stands out from the rest as that perfect stretch of time when it’s great to be a home seller. This year, the week of April 14–20 is the best time to sell—that is, if sellers...

Outdoor Projects Can Boost Curb Appeal When You Sell [INFOGRAPHIC]

Written by Sunny Isles Beach Mortgage Syndicated User on March 30, 2024. Posted in For Sellers, Infographics, Mortgage Sunny Isles Beach, Sunny Isles Beach Beach Mortgage.

Some HighlightsIn real estate, a good first impression is key. If the outside of a house looks welcoming, more people will want to come in and see it.Your agent helps you by giving advice on what you may want to prioritize, finding easy fixes that make a big difference, knowing what buyers in your area like, and showing off your updates in your listing.Connect with a local real estate agent so you have expert advice on what’ll have the biggest impact in your area.

What Are Experts Saying About the Spring Housing Market?

Written by Sunny Isles Beach Mortgage Syndicated User on March 22, 2024. Posted in For Buyers, For Sellers, Mortgage Sunny Isles Beach, Sunny Isles Beach Beach Mortgage.

If you’re planning to move soon, you might be wondering if there’ll be more homes to choose from, where prices and mortgage rates are headed, and how to navigate today’s market. If so, here’s what the professionals are saying about what’s in store for this season.Odeta Kushi, Deputy Chief Economist, First American:“. . . it seems our general expectation for the spring is that we will see a pickup in inventory. In fact, that already seems to be happening. But it won’t necessarily be enough to satiate demand.”Lisa Sturtevant, Chief Economist, Bright MLS:“There is still strong demand,...

The Latest Trends in Housing [INFOGRAPHIC]

Written by Sunny Isles Beach Mortgage Syndicated User on March 16, 2024. Posted in For Sellers, Housing Market Updates, Infographics, Mortgage Sunny Isles Beach, Sunny Isles Beach Beach Mortgage.

Some HighlightsWith the number of new listings going up and average days on market going down, buyers may have more options, but will still want to move fast.For sellers, inventory is still low and houses are selling fast, meaning your house should stand out and may get multiple offers if you price it right.If you want to know more about what’s happening in your area, connect with a local real estate agent.

Why Today’s Seller’s Market Is Good for Your Bottom Line

Written by Sunny Isles Beach Mortgage Syndicated User on March 15, 2024. Posted in For Sellers, Mortgage Sunny Isles Beach, Selling Myths, Sunny Isles Beach Beach Mortgage.

Thinking about selling your house and wondering if now’s a good time to do it? Here’s what you need to know. Even though the number of homes for sale has been growing this year, there still aren’t enough homes on the market for all the buyers who want to buy.So, what does that mean for you? To keep it simple, it means it’s still a seller’s market. Here’s how it works:A neutral market is when supply and demand is balanced. Basically, there are enough homes to meet buyer demand based on the current sales pace, and home prices hold fairly steady.A buyer’s market is when there are more homes for...

The Spring Market Is a Sweet Spot if You’re Looking To Sell [INFOGRAPHIC]

Written by Sunny Isles Beach Mortgage Syndicated User on March 9, 2024. Posted in For Sellers, Infographics, Mortgage Sunny Isles Beach, Sunny Isles Beach Beach Mortgage.

Some HighlightsWondering if now’s a good time to sell your house? Based on how many homes are on the market, there are two big reasons why this spring is looking so good for sellers.Thanks to an uptick in inventory over last year, you’ve got more options for your next home. But there are still fewer homes for sale than there’d normally be, meaning your house should stand out and get a lot of attention from buyers.If you want to sell your house, this spring is the sweet spot. When you’re ready, chat with a local real estate agent to get the ball rolling.

The Benefits of Downsizing When You Retire

Written by Sunny Isles Beach Mortgage Syndicated User on March 8, 2024. Posted in Demographics, For Buyers, For Sellers, Mortgage Sunny Isles Beach, Move-Up Buyers, Sunny Isles Beach Beach Mortgage.

If you’re taking a look at your expenses as you retire, saving money where you can has a lot of appeal. One long-standing, popular way to do that is by downsizing to a smaller home.When you think about cutting down on your spending, odds are you think of frequent purchases, like groceries and other goods. But when you downsize your house, you often end up downsizing the bills that come with it, like your mortgage payment, energy costs, and maintenance requirements. Realtor.com shares:“A smaller home typically means lower bills and less upkeep. Then there’s the potential windfall that comes from...

Category: For Sellers