Why Now’s Not the Time To Take Your House Off the Market

Written by Palm Beach Gardens Mortgage Syndicated User on October 9, 2024. Posted in For Sellers, Palm Beach Gardens Condo Financing, Palm Beach Gardens Mortgage, Selling Tips.

Has your house been sitting on the market longer than expected? If so, you’re bound to be frustrated by now. Maybe you’re even thinking it’s time to pull the listing and wait to see what 2025 brings. But what you may not realize is, the decision to hold off could actually cost you. Here’s a look at why staying the course could be the smarter move.Other Sellers Are Pulling Back. Should You Hold Off Too?According to recent data from Altos Research, the number of withdrawals is increasing – that means more sellers are opting to pull their listings off the market right now. And this isn’t unusual...

Now’s the Time To Upgrade to Your Dream Home

Written by Palm Beach Gardens Mortgage Syndicated User on October 8, 2024. Posted in Equity, For Sellers, Mortgage Rates, Palm Beach Gardens Condo Financing, Palm Beach Gardens Mortgage.

If you’ve been wanting to sell your house and move up to a bigger or nicer home, you’re not alone. A recent Inman survey reveals the top motivator for today’s homebuyers is the desire for more space or an upgraded home (see graph below):But there’s also a good chance you, like many other people, have been holding off on that goal because of recent market challenges. It makes sense – when you’re planning an upgrade that could increase your monthly housing costs, affordability has a huge impact on when you make your move. But there’s good news: now’s actually a great time to make that move happen....

Home Values Rise Even as Median Prices Fall

Written by Palm Beach Gardens Mortgage Syndicated User on October 4, 2024. Posted in For Buyers, For Sellers, Home Prices, Palm Beach Gardens Condo Financing, Palm Beach Gardens Mortgage.

Recent headlines have been buzzing about the median asking price of homes dropping compared to last year, and that’s sparked plenty of confusion. And as a buyer or seller, it’s easy to assume that means prices are coming down. But here’s the catch: those numbers don’t tell the full story.Nationally, home values are actually rising, even if the median price is down a bit. Let’s break down what’s really happening so you can make sense of the market without getting caught up in the fear the headlines create.Homes on the Market Right Now Are SmallerThe biggest reason for the dip in median price...

Secrets To Selling Your House Quickly

Written by Palm Beach Gardens Mortgage Syndicated User on October 3, 2024. Posted in For Sellers, Palm Beach Gardens Condo Financing, Palm Beach Gardens Mortgage, Selling Tips.

Seeing your house sit on the market without any bites is the ultimate frustration. And unfortunately, some sellers are in that tricky spot today.According to data from the National Association of Realtors (NAR), the average time a house spends on the market has increased over the past few years (see graph below):A recent post from Realtor.com notes a similar trend:“During the week ending Sept. 14, homes stayed on the market eight days longer compared to last year. With more choices available and mortgage rates expected to fall, buyers are taking their time, which means sellers will need to be...

Don’t Fall for These Real Estate Agent Myths

Written by Palm Beach Gardens Mortgage Syndicated User on September 27, 2024. Posted in Agent Value, Buying Tips, For Buyers, For Sellers, Palm Beach Gardens Condo Financing, Palm Beach Gardens Mortgage, Selling Tips.

When it’s time to buy or sell a home, one of the most important decisions you’ll make is who you’ll work with as your agent. That choice will have an impact on your entire experience and how smoothly it goes.As you figure out who you’ll partner with, it’s important to know what to expect and what to look for. Unfortunately, there may be some myths holding you back from making the best decision possible. So, let’s take some time to address those, and make sure you have the information you need to find the right agent for you.Myth #1: All Real Estate Agents Are the SameYou might think all agents...

Is Your House Priced Too High?

Written by Palm Beach Gardens Mortgage Syndicated User on September 24, 2024. Posted in Agent Value, For Sellers, Palm Beach Gardens Condo Financing, Palm Beach Gardens Mortgage, Selling Tips.

Every seller wants to get their house sold quickly, for as much money as they can, with as few headaches as possible. And chances are, you’re no different.But did you know one of the biggest things that could jeopardize your success is the asking price for your home? Pricing your house correctly is one of the most crucial steps in the selling process.So, how do you know if you’re missing the mark? Here are four signs your high asking price might be turning potential buyers away—and why leaning on your real estate agent is the best way to course correct.1. You’re Not Getting Many Showings or...

Falling Mortgage Rates Are Bringing Buyers Back

Written by Palm Beach Gardens Mortgage Syndicated User on September 20, 2024. Posted in For Sellers, Mortgage Rates, Palm Beach Gardens Condo Financing, Palm Beach Gardens Mortgage, Selling Tips.

If you’ve been hesitant to list your house because you’re worried no one’s buying, here’s your sign it may be time to talk with an agent.After months of high rates keeping buyers on the sidelines, things are starting to shift. Rates are already coming down due to a number of economic factors. And yesterday the Federal Reserve cut the Federal Funds Rate for the first time since they began raising that rate in March 2022. And while they don’t control mortgage rates, this sets the stage for mortgage rates to fall even further than they already have – especially since more cuts from the Fed are...

Mortgage Rates Drop to Lowest Level in over a Year and a Half

Written by Palm Beach Gardens Mortgage Syndicated User on September 18, 2024. Posted in For Buyers, For Sellers, Mortgage Rates, Palm Beach Gardens Condo Financing, Palm Beach Gardens Mortgage.

Mortgage rates have hit their lowest point in over a year and a half. And that’s big news if you’ve been sitting on the homebuying sidelines waiting for this moment.Even a small decline in rates could help you get a better monthly payment than you would expect on your next home. And the drop that’s happened recently isn’t small. As Sam Khater, Chief Economist at Freddie Mac, says:“Mortgage rates have fallen more than half a percent . . . and are at their lowest level since February 2023.”But if you want to see it to really believe it, here’s how the math shakes out. Take a closer look at the...

Checklist for Getting Your House Ready To Sell

Written by Palm Beach Gardens Mortgage Syndicated User on September 14, 2024. Posted in For Sellers, Infographics, Palm Beach Gardens Condo Financing, Palm Beach Gardens Mortgage, Selling Tips.

Some HighlightsGetting your house ready to sell? Here’s a few tips on what you may want to do to prepare.Focus on making it inviting, showing it’s cared for, and boosting your curb appeal.If you want specific advice to help your house stand out in your local market, connect with a real estate professional.?

The Real Story Behind What’s Happening with Home Prices

Written by Palm Beach Gardens Mortgage Syndicated User on September 12, 2024. Posted in For Buyers, For Sellers, Home Prices, Palm Beach Gardens Condo Financing, Palm Beach Gardens Mortgage.

If you’re wondering what’s going on with home prices lately, you’re definitely not the only one. With so much information out there, it can be hard to figure out your next move.As a buyer, you might be worried about paying more than you should. And if you’re thinking of selling, you might be concerned about not getting the price you’re aiming for. So, here’s a quick breakdown to help clear things up and show you what’s really happening with prices—whether you’re thinking about buying or selling. Home Price Growth Is Slowing, but Prices Aren’t Falling NationallyThroughout...

Category: For Sellers