4 Ways Homeowners Can Use Their Equity

Written by Sunny Isles Beach Mortgage Syndicated User on November 23, 2021. Posted in For Sellers, Mortgage Sunny Isles Beach, Move-Up Buyers, Sunny Isles Beach Beach Mortgage.

Your equity is a powerful tool that can help you achieve your goals as a homeowner. And chances are, your equity grew substantially over the past year. According to the latest Equity Insights Report from CoreLogic, homeowners gained an average of $51,500 in equity over the past year. If you’re looking for the best ways to use your growing equity, here are four options: 1. Use Your Equity To Buy a Home That Fits Your Needs If you’re finding you no longer have the space you need, it might be time to move into a larger home. Or, it’s possible you have too much space and would like something smaller....

Your Journey to Homeownership [INFOGRAPHIC]

Written by Sunny Isles Beach Mortgage Syndicated User on November 20, 2021. Posted in First Time Home Buyers, For Buyers, Infographics, Mortgage Sunny Isles Beach, Move-Up Buyers, Sunny Isles Beach Beach Mortgage.

Some Highlights When it comes to buying a home, there are a number of key milestones along the way. The process includes everything from building your team and understanding your finances to going house hunting, making an offer, and more. When you’re ready to start your journey, let’s connect so you have trusted guidance at every milestone in the process. Content previously posted on Keeping Current Matters

Florida Mortgage | All Signs Point to Your House Selling Quickly This Year

Written by Sunny Isles Beach Mortgage Syndicated User on November 20, 2021. Posted in Mortgage Sunny Isles Beach, Sunny Isles Beach Beach Mortgage.

Florida Mortgage | All Signs Point to Your House Selling Quickly This Year | Current real estate conditions are creating great opportunities for sellers. Let’s connect to discuss why you should expect your house to sell quickly in today’s market. NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany

Home Sales About To Surge? We May See a Winter Like Never Before.

Written by Sunny Isles Beach Mortgage Syndicated User on November 19, 2021. Posted in For Buyers, For Sellers, Housing Market Updates, Mortgage Sunny Isles Beach, Sunny Isles Beach Beach Mortgage.

Like most industries, residential real estate has a seasonality to it. For example, toy stores sell more toys in October, November, and December than they do in any other three-month span throughout the year. More cars are sold in the U.S. during the second quarter (April, May, and June) than in any other quarter of the year. Real estate is very similar. The number of homes sold in the spring is almost always much greater than at any other time of the year. It’s even labeled as the spring buying season. Historically, the number of buyers and listings for sale significantly increase in the spring...

Retirement May Be Changing What You Need in a Home

Written by Sunny Isles Beach Mortgage Syndicated User on November 18, 2021. Posted in Baby Boomers, Demographics, For Buyers, For Sellers, Mortgage Sunny Isles Beach, Senior Market, Sunny Isles Beach Beach Mortgage.

The past year and a half brought about significant life changes for many of us. For some, it meant entering retirement earlier than expected. Recent data shows more people retired this year than anticipated. According to the Schwartz Center for Economic Policy Analysis, 2021 saw a retirement boom: “At least 1.7 million more older workers than expected retired due to the pandemic recession.” If you’ve recently retired, your home may not fit your new lifestyle. The good news is, you’ve likely built-up significant equity that can fuel your next move. According to the latest Homeowner Equity...

Sellers: You’ll Likely Get Multiple Strong Offers This Season

Written by Sunny Isles Beach Mortgage Syndicated User on November 17, 2021. Posted in For Sellers, Housing Market Updates, Mortgage Sunny Isles Beach, Sunny Isles Beach Beach Mortgage.

Are you thinking about selling your house right now, but you’re not sure you’ll have the time to do so as the holidays draw near? If so, consider this: even as the holiday season approaches, there are plenty of buyers out there, and they really want your house. Here’s why selling this winter is a win for you. Today’s buyers are still dealing with a limited number of homes for sale. Thanks to continued low inventory, those buyers are competing with one another for their dream home. And when that happens, if your house is one of the few on the market, it will rise to the top of the pool – and...

4 Things Every Renter Needs To Consider

Written by Sunny Isles Beach Mortgage Syndicated User on November 16, 2021. Posted in First Time Home Buyers, For Buyers, Housing Market Updates, Mortgage Sunny Isles Beach, Rent vs. Buy, Sunny Isles Beach Beach Mortgage.

As a renter, you’re constantly faced with the same dilemma: keep renting for another year or purchase a home? Your answer depends on your current situation and future plans, but there are a number of benefits to homeownership every renter needs to consider. Here are a few things you should think about before you settle on renting for another year. 1. Rents Are Rising Quickly Rent increasing each year isn’t new. Looking back at Census data confirms rental prices have gone up consistently for decades (see graph below):If you’re a renter, you’re faced with payments that continue to climb each...

Should I Update My House Before I Sell It? [INFOGRAPHIC]

Written by Sunny Isles Beach Mortgage Syndicated User on November 13, 2021. Posted in For Sellers, Infographics, Mortgage Sunny Isles Beach, Sunny Isles Beach Beach Mortgage.

Some Highlights If you’re deciding whether you should make updates before you sell your house, lean on your agent to be your guide. If the market is flooded with houses for sale, updates may be necessary for your house to stand out. In our current sellers’ market, the added expenses might not be worth it. Let’s connect so you have expert advice on which updates are important in today’s market. Content previously posted on Keeping Current Matters

What’s Happening with Home Prices?

Written by Sunny Isles Beach Mortgage Syndicated User on November 12, 2021. Posted in For Buyers, For Sellers, Housing Market Updates, Mortgage Sunny Isles Beach, Pricing, Sunny Isles Beach Beach Mortgage.

Many people have questions about home prices right now. How much have prices risen over the past 12 months? What’s happening with home values right now? What’s projected for next year? Here’s a look at the answers to all three of these questions. How much have home values appreciated over the last 12 months? According to the latest Home Price Index from CoreLogic, home values have increased by 18.1% compared to this time last year. Additionally, prices have gone up at an accelerated pace for each of the last eight months (see graph below):The increase in the rate of appreciation that’s shown...

VA Loans: Helping Veterans Achieve Their Homeownership Dreams

Written by Sunny Isles Beach Mortgage Syndicated User on November 12, 2021. Posted in Buying Myths, Down Payments, For Buyers, Mortgage Sunny Isles Beach, Sunny Isles Beach Beach Mortgage, Time-sensitive.

The purpose of Veterans Affairs (VA) home loans is to provide a pathway to homeownership for those who have sacrificed so much by serving our nation. As the Veterans Administration says of the program: “The objective of the VA Home Loan Guaranty program is to help eligible Veterans, active-duty personnel, surviving spouses, and members of the Reserves and National Guard purchase, retain, and adapt homes in recognition of their service. . . .” For over 75 years, VA home loans have provided millions of veterans and their families the opportunity to purchase their own homes. 2020 Data on VA...

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