How Supply and Demand Can Impact Your Buying and Selling Goals

Written by Boca Raton Mortgage Syndicated User on February 24, 2022. Posted in Boca Raton Mortgage, Boca Raton Mortgage Rates, For Buyers, For Sellers, Housing Market Updates.

In today’s housing market, there are far more buyers looking for homes than sellers listing their houses. Based on the concept of supply and demand, this means home prices will naturally rise. Why is that? When there are more people trying to buy an item than there are making that item available for sale, that drives prices up. And that’s exactly the case in today’s housing market. So, knowing what’s happening with the inventory of homes for sale and the demand for housing is crucial for today’s buyers and sellers. Nationally, Demand Is High and Supply Is Very Low The latest buyer and seller...

What’s Driving Today’s High Buyer Demand? [INFOGRAPHIC]

Written by Boca Raton Mortgage Syndicated User on February 19, 2022. Posted in Boca Raton Mortgage, Boca Raton Mortgage Rates, For Sellers, Housing Market Updates, Infographics.

Some Highlights There’s an influx of buyers looking for homes today, and that means your house is in high demand. Here are a few reasons why so many people are looking to buy a home. Buyers are motivated to beat rising mortgage rates, and many want to escape rising rents. There’s also additional demand from millennials who are reaching peak homebuying age. If you’re thinking about selling your house, today’s demand is great news. Let’s connect to begin the process of listing your house while buyers are ready to purchase. Content previously posted on Keeping Current Matters

More People Are Planning To Buy a Home Soon

Written by Boca Raton Mortgage Syndicated User on February 17, 2022. Posted in Boca Raton Mortgage, Boca Raton Mortgage Rates, For Sellers, Housing Market Updates.

While some homeowners may be tempted to hold off until spring to list their houses, you should know – homebuyers aren’t waiting. Demand is high today as more people are trying to beat rising mortgage rates. As a result, eager buyers are entering the market or moving their plans up so they can make their purchases as soon as possible. The most recent Consumer Confidence Survey finds that, of those surveyed, the percentage of people planning to buy over the next six months has increased substantially since last fall (see graph below): As the graph shows, the number of consumers fast-tracking...

What Every Seller Needs To Know About Renovating This Year

Written by Boca Raton Mortgage Syndicated User on February 16, 2022. Posted in Boca Raton Mortgage, Boca Raton Mortgage Rates, For Sellers, Selling Myths.

If you’re planning to sell this year, you’re probably thinking about what you’ll need to do to get your house ready to appeal to the most buyers. It’s crucial to work with a trusted real estate professional who knows your local market to get your home ready to sell. But there are a few things you should consider when deciding what to renovate and update before listing this season. Here are three things to keep top of mind as you’re making your list of projects to tackle this year. 1. The Number of Homes for Sale Is Very Low Housing inventory sits far below what is normally considered a balanced...

Want Top Dollar for Your House? Now’s the Time To List It.

Written by Boca Raton Mortgage Syndicated User on February 11, 2022. Posted in Boca Raton Mortgage, Boca Raton Mortgage Rates, For Sellers, Housing Market Updates.

When you’re selling any item, you usually want to sell it for the greatest profit possible. That happens when there’s a strong demand and a limited supply for that item. In the real estate market, that time is right now. If you’re thinking of selling your house this year, here are two reasons why now’s the time to list. 1. Demand Is Very Strong This Winter A recent article in Inman News explains: “Spring, the hottest time of year for homebuyers and sellers, has started early, according to economists. . . . ‘Home shopping season appears to already be in full swing!’” And they aren’t the only...

Consumers Agree: It’s a Good Time To Sell

Written by Boca Raton Mortgage Syndicated User on February 8, 2022. Posted in Boca Raton Mortgage, Boca Raton Mortgage Rates, For Sellers, Housing Market Updates, Move-Up Buyers.

In today’s sellers’ market, many homeowners are weighing their options and trying to decide if they should sell their house. If you’re in that group, you may be balancing things like the ongoing health crisis, rising mortgage rates, and your own changing needs to determine your best time to make a move. However, recent data shows that time may already be here. According to the latest Home Purchase Sentiment Index (HPSI) by Fannie Mae, 76% of consumers believe now is a good time to sell. Looking back over the past few years, its clear consumers are incredibly optimistic today. The graph below...

Why Right Now Is a Once-in-a-Lifetime Opportunity for Sellers

Written by Boca Raton Mortgage Syndicated User on February 8, 2022. Posted in Boca Raton Mortgage, Boca Raton Mortgage Rates, Featured, For Sellers, Housing Market Updates.

If you’re thinking about selling your house in 2022, you truly have a once-in-a-lifetime opportunity at your fingertips. When selling anything, you always hope for strong demand for the item coupled with a limited supply. That maximizes your leverage when you’re negotiating the sale. Home sellers are in that exact situation right now. Here’s why. Demand Is Very Strong According to the latest Existing Home Sales Report from the National Association of Realtors (NAR), 6.18 million homes were sold in 2021. This was the largest number of home sales in 15 years. Lawrence Yun, Chief Economist for...

Why a Move Could Bring You More Happiness This Year

Written by Boca Raton Mortgage Syndicated User on February 8, 2022. Posted in Boca Raton Mortgage, Boca Raton Mortgage Rates, For Buyers, For Sellers, Move-Up Buyers.

Over the past two years, we’ve lived through one of the most stressful periods in recent history. Because of the health crisis, many of us have spent more time at home and that’s led us to re-evaluate both what we need in a house and how much we appreciate having a safe space. If you’ve found your current home isn’t filling all your needs, you may be wondering if it’s time to find a new one. There’s reason to believe a change of scenery could boost your happiness. Catherine Hartley, an Assistant Professor at New York University’s Department of Psychology and co-author of a study on how new...

Category: For Sellers