Why Median Home Sales Price Is Confusing Right Now

Written by West Palm Beach Mortgage Syndicated User on August 22, 2023. Posted in Buying Myths, For Buyers, For Sellers, Housing Market Updates, Pricing, Selling Myths, West Palm Beach Condo Financing, West Palm Beach Mortgage.

The National Association of Realtors (NAR) is set to release its most recent Existing Home Sales (EHS) report tomorrow. This monthly release provides information on the volume of sales and price trends for homes that have previously been owned. In the upcoming release, it’ll likely say home prices are down. This may seem a bit confusing, especially if you’ve been following along and reading the blogs saying home prices have hit the bottom and have since rebounded.So, why would this say home prices are falling when so many other price reports say they’re going back up? It all depends on the methodology...

Florida Mortgage | Expert Insights for the Rest of the Year in Housing

Written by West Palm Beach Mortgage Syndicated User on August 22, 2023. Posted in West Palm Beach Condo Financing, West Palm Beach Mortgage.

Florida Mortgage | Expert Insights for the Rest of the Year in Housing Here’s what experts have to say about what lies ahead for inventory, mortgage rates, and home prices. Let’s connect so you know what to expect in the housing market for the rest of the year. NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany #mortgagetips

Waste Collection Schedules

Written by West Palm Beach Mortgage Syndicated User on August 22, 2023. Posted in West Palm Beach Condo Financing, West Palm Beach Mortgage.

Annual Financial Reports

Written by West Palm Beach Mortgage Syndicated User on August 22, 2023. Posted in West Palm Beach Condo Financing, West Palm Beach Mortgage.

Florida Mortgage | Important Credit Score Information for Homebuyers

Written by West Palm Beach Mortgage Syndicated User on August 20, 2023. Posted in West Palm Beach Condo Financing, West Palm Beach Mortgage.

Florida Mortgage | Important Credit Score Information for Homebuyers To boost your credit score, focus on your payment history, debt amount, and credit applications. Let’s connect if you want more tips to consider when buying a home. NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany #mortgagetips

Don’t Expect a Wave of Foreclosures [INFOGRAPHIC]

Written by West Palm Beach Mortgage Syndicated User on August 19, 2023. Posted in Foreclosures, Infographics, Interest Rates, West Palm Beach Condo Financing, West Palm Beach Mortgage.

Some HighlightsWith ongoing high inflation pushing up everyday costs, some people are worried that’ll create a flood of foreclosures. Here’s why that’s unlikely. Fewer people are seriously behind on mortgage payments right now. If foreclosures were going to rise a lot, more people would need to be late on their payments.Since most are paying on time, a wave isn’t coming. If you’re concerned about a flood of foreclosures, the data shows that’s not likely.

Building Permit & Inspection Utilization Report FY 2022

Written by West Palm Beach Mortgage Syndicated User on August 19, 2023. Posted in West Palm Beach Condo Financing, West Palm Beach Mortgage.

People Want Less Expensive Homes – And Builders Are Responding

Written by West Palm Beach Mortgage Syndicated User on August 18, 2023. Posted in For Buyers, Housing Market Updates, Interest Rates, Pricing, West Palm Beach Condo Financing, West Palm Beach Mortgage.

In today’s housing market, there are two main affordability challenges impacting buyers: mortgage rates that are higher than they’ve been the past couple of years, and rising home prices caused by low inventory. To overcome those challenges, many people are working with their agents to find less expensive homes. And with newly built homes making up a historically large percentage of the total available inventory today, that search often includes brand new homes.People Are Spending Less on Newly Built HomesThe graph below uses the latest information from the Census to show, in June, more of the...

Don’t Expect a Flood of Foreclosures

Written by West Palm Beach Mortgage Syndicated User on August 17, 2023. Posted in Buying Myths, For Buyers, For Sellers, Foreclosures, Housing Market Updates, Selling Myths, West Palm Beach Condo Financing, West Palm Beach Mortgage.

The rising cost of just about everything from groceries to gas right now is leading to speculation that more people won’t be able to afford their mortgage payments. And that’s creating concern that a lot of foreclosures are on the horizon. While it’s true that foreclosure filings have gone up a bit compared to last year, experts say a flood of foreclosures isn’t coming.Take it from Bill McBride of Calculated Risk. McBride is an expert on the housing market, and after closely following the data and market environment leading up to the crash, he was able to see the foreclosures coming in 2008....

Florida Mortgage | Why You Need a Real Estate Agent When Selling Your House

Written by West Palm Beach Mortgage Syndicated User on August 17, 2023. Posted in West Palm Beach Condo Financing, West Palm Beach Mortgage.

Florida Mortgage | Why You Need a Real Estate Agent When Selling Your House Thinking of selling your house? Let’s connect so you can save time and stress when selling your house this year. NMLS ID 1834853 #floridamortgage #floridamortgagerates #floridamortgagecompany #mortgagetips

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