Wondering What’s Going on with Home Prices?

Written by Jupiter Beach Mortgage Syndicated User on February 17, 2023. Posted in For Buyers, For Sellers, Housing Market Updates, Jupiter Beach Florida Mortgage Rates, Jupiter Beach Mortgage, Pricing.

The recent changes in home prices are top of mind for many as the housing market begins gearing up for spring. It can be hard to navigate misleading headlines and confusing data, so here’s what you should know about today’s home prices.

Why Today’s Housing Market Isn’t Headed for a Crash

Written by Jupiter Beach Mortgage Syndicated User on February 10, 2023. Posted in Distressed Properties, For Buyers, For Sellers, Foreclosures, Housing Market Updates, Jupiter Beach Florida Mortgage Rates, Jupiter Beach Mortgage.

67% of Americans say a housing market crash is imminent in the next three years. With all the talk in the media lately about shifts in the housing market, it makes sense why so many people feel this way. But there’s good news. Current data shows today’s market is nothing like it was before the housing crash in 2008.

Number of Homes for Sale Up from Last Year, but Below Pre-Pandemic Years

Written by Jupiter Beach Mortgage Syndicated User on February 9, 2023. Posted in For Sellers, Housing Market Updates, Jupiter Beach Florida Mortgage Rates, Jupiter Beach Mortgage.

The biggest challenge in the housing market right now, and likely for years to come, is how few homes there are for sale compared to the number of people who want to buy. That’s why, if you’re thinking about selling your house, this is a great time to do so. Your house would be welcome in a market that has fewer homes for sale than it did in the years leading up to the pandemic.

How Experts Can Help Close the Gap in Today’s Homeownership Rate

Written by Jupiter Beach Mortgage Syndicated User on February 8, 2023. Posted in Demographics, First Time Home Buyers, For Buyers, Housing Market Updates, Jupiter Beach Florida Mortgage Rates, Jupiter Beach Mortgage, Move-Up Buyers.

As we celebrate Black History Month, we reflect on the past and present experiences of Black Americans. This includes the path toward investing in a home of their own. And while equitable access to housing has come a long way, homeownership can be a steeper climb for households of color. It’s an important experience to talk about, along with how it can make all the difference for diverse homebuyers to work with the right real estate experts.

Experts Forecast a Turnaround in the Housing Market in 2023

Written by Jupiter Beach Mortgage Syndicated User on February 3, 2023. Posted in For Buyers, For Sellers, Housing Market Updates, Jupiter Beach Florida Mortgage Rates, Jupiter Beach Mortgage.

The housing market has gone through a lot of change recently, and much of that was a result of how quickly mortgage rates rose last year.

Lower Mortgage Rates Are Bringing Buyers Back to the Market

Written by Jupiter Beach Mortgage Syndicated User on February 1, 2023. Posted in For Sellers, Housing Market Updates, Jupiter Beach Florida Mortgage Rates, Jupiter Beach Mortgage, Move-Up Buyers.

As mortgage rates rose last year, activity in the housing market slowed down. And as a result, homes started seeing fewer offers and stayed on the market longer. That meant some homeowners decided to press pause on selling.

Where Will You Go If You Sell? You Have Options.

Written by Jupiter Beach Mortgage Syndicated User on January 31, 2023. Posted in For Sellers, Housing Market Updates, Jupiter Beach Florida Mortgage Rates, Jupiter Beach Mortgage, Move-Up Buyers, New Construction.

There are plenty of good reasons you might be ready to move. No matter your motivations, before you list your current house, you need to consider where you’ll go next.

Why It Makes Sense To Move Before Spring

Written by Jupiter Beach Mortgage Syndicated User on January 27, 2023. Posted in First Time Home Buyers, For Buyers, Housing Market Updates, Jupiter Beach Florida Mortgage Rates, Jupiter Beach Mortgage, Move-Up Buyers.

Spring is usually the busiest season in the housing market. Many buyers wait until then to make their move, believing it’s the best time to find a home. However, that isn’t always the case when you factor in the competition you could face with other buyers at that time of year. If you’re ready to buy a home, here’s why it makes sense to move before the spring market picks up.

Why You Shouldn’t Fear Today’s Foreclosure Headlines

Written by Jupiter Beach Mortgage Syndicated User on January 26, 2023. Posted in For Buyers, For Sellers, Foreclosures, Housing Market Updates, Jupiter Beach Florida Mortgage Rates, Jupiter Beach Mortgage.

If you’ve seen recent headlines about foreclosures surging in the housing market, you’re certainly not alone. There’s no doubt, the stories in the media can be pretty confusing right now. They may even make you think twice about buying a home for fear that prices could crash. The reality is, the data shows a foreclosure crisis is not where the market is headed, and understanding what that really means is mission critical if you want to know the truth about what’s happening today. Here’s a deeper look.According to the Year-End 2022 U.S. Foreclosure Market Report from ATTOM, foreclosure filings...

The 3 Factors That Affect Home Affordability

Written by Jupiter Beach Mortgage Syndicated User on January 25, 2023. Posted in First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Jupiter Beach Florida Mortgage Rates, Jupiter Beach Mortgage, Move-Up Buyers, Pricing.

If you’ve been following the housing market over the last couple of years, you’ve likely heard about growing affordability challenges. But according to experts, the key factors that determine housing affordability are projected to improve this year. Selma Hepp, Executive, Deputy Chief Economist at CoreLogic, shares:

Category: Housing Market Updates