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Tag: #westpalmbeachflmortgage

Homebuyers Are Still More Active Than Usual

Written by West Palm Beach Mortgage Syndicated User on . Posted in For Sellers, Housing Market Updates, Selling Myths, West Palm Beach Condo Financing, West Palm Beach Mortgage.

Even though the housing market is no longer experiencing the frenzy that was so characteristic of the last couple of years, it doesn’t mean today’s market is at a standstill. In actuality, buyer traffic is still strong today.The ShowingTime Showing Index is a measure of how much buyers are touring homes. The graph below uses that index to illustrate buyer activity trends over time to help put today into the proper perspective.It shows there’s seasonality in real estate. If you look at the last normal years in the market (shown in gray), there was a consistent pattern as buyer activity peaked...

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Tips for Making Your Best Offer on a Home

Written by West Palm Beach Mortgage Syndicated User on . Posted in Buying Myths, For Buyers, West Palm Beach Condo Financing, West Palm Beach Mortgage.

While the wild ride that was the ‘unicorn’ years of housing is behind us, today’s market is still competitive in many areas because the supply of homes for sale is still low. If you’re looking to buy a home this season, know that the peak frenzy of bidding wars is in the rearview mirror, but you may still come up against some multiple-offer scenarios.Here are a few things to consider to help you put your best foot forward when making an offer on a home.1. Lean on a Real Estate ProfessionalRely on an agent who can support your goals and help you understand what’s happening in today’s housing...

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Don’t Fall for the Next Shocking Headlines About Home Prices

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

If you’re thinking of buying or selling a home, one of the biggest questions you have right now is probably: what’s happening with home prices? And it’s no surprise you don’t have the clarity you need on that topic. Part of the issue is how headlines are talking about prices.They’re basing their negative news by comparing current stats to the last few years. But you can’t compare this year to the ‘unicorn’ years (when home prices reached record highs that were unsustainable). And as prices begin to normalize now, they’re talking about it like it’s a bad thing and making people fear what’s next....

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Foreclosure Numbers Today Aren’t Like 2008

Written by West Palm Beach Mortgage Syndicated User on . Posted in Distressed Properties, For Buyers, Foreclosures, Housing Market Updates, West Palm Beach Condo Financing, West Palm Beach Mortgage.

If you’ve been keeping up with the news lately, you’ve probably come across headlines talking about the increase in foreclosures in today’s housing market. This may have left you with some uncertainty, especially if you’re considering buying a home. It’s important to understand the context of these reports to know the truth about what’s happening today.According to a recent report from ATTOM, a property data provider, foreclosure filings are up 2% compared to the previous quarter and 8% since one year ago. While media headlines are drawing attention to this increase, reporting...

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Real Estate Continues To Be the Best Investment [INFOGRAPHIC]

Written by West Palm Beach Mortgage Syndicated User on . Posted in First Time Home Buyers, For Buyers, Housing Market Updates, Infographics, Move-Up Buyers, West Palm Beach Condo Financing, West Palm Beach Mortgage.

Some HighlightsAccording to a recent Gallup poll, real estate has been voted the best long-term investment for 11 years in a row, beating gold, stocks, bonds, and more.Owning real estate means more than just having a home—it’s an investment in your future. That’s because it’s typically a stable and secure asset that tends to increase in value as time goes on.Connect with a local real estate agent if you’re ready to buy a home and invest in your future.

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Owning Your Home Helps You Build Wealth

Written by West Palm Beach Mortgage Syndicated User on . Posted in Buying Myths, First Time Home Buyers, For Buyers, Rent vs. Buy, West Palm Beach Condo Financing, West Palm Beach Mortgage.

You may have heard some people say it’s better to rent than buy a home right now. But, even today, there are lots of good reasons to become a homeowner. One of them is that owning a home is typically viewed as a good long-term investment that helps your net worth grow over time.Homeownership Builds Wealth Regardless of Income LevelYou may be surprised to learn homeowners across various income levels have a much higher net worth than renters who make the same amount. Data from First American helps illustrate this point (see graph below):What makes wealth so much higher for homeowners? A recent...

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