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Category: Move-Up Buyers

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Do You Know How Much Equity You Have in Your Home? [INFOGRAPHIC]

Written by Stuart FL Mortgage Syndicated User on . Posted in For Sellers, Housing Market Updates, Infographics, Mortgage Rates Stuart FL, Move-Up Buyers, Stuart FL Mortgage.

Some Highlights If you’re a homeowner, your net worth has gotten a big boost. That’s because recent home price appreciation has increased your equity. Your equity grows as you pay down your loan and as your home increases in value. Over the past year, the average homeowner’s equity grew by $55,300. Ready to sell? Let’s connect to talk about how you can use that equity to fuel your next move. Content previously posted on Keeping Current Matters

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The Future of Home Price Appreciation and What It Means for You

Written by Stuart FL Mortgage Syndicated User on . Posted in First Time Home Buyers, For Buyers, Housing Market Updates, Mortgage Rates Stuart FL, Move-Up Buyers, Pricing, Stuart FL Mortgage.

Many consumers are wondering what will happen with home values over the next few years. Some are concerned that the recent run-up in home prices will lead to a situation similar to the housing crash 15 years ago. However, experts say the market is totally different today. For example, Odeta Kushi, Deputy Chief Economist at First American, tweeted just last week on this issue: “. . . We do need price appreciation to slow today (it’s not sustainable over the long run) but high price growth today is supported by fundamentals- short supply, lower rates & demographic demand. And we are in a...

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Balancing Your Wants and Needs as a Homebuyer Today

Written by Stuart FL Mortgage Syndicated User on . Posted in First Time Home Buyers, For Buyers, Mortgage Rates Stuart FL, Move-Up Buyers, Stuart FL Mortgage.

Since the number of homes for sale is low today, it can feel challenging to find one that checks all your boxes. But if you know which features are absolutely essential in your next home and which ones are just nice bonuses, you can land a home that fits your needs. Danielle Hale, Chief Economist for realtor.com, explains it like this: “Focus on the goal you set out for yourself, like your list of must-haves and nice-to-haves and your budget, . . . Stick to that. Be persistent.” So how do you go about creating your list of desired features? The first step is to get pre-approved for your mortgage....

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What You Need To Budget for When Buying a Home

Written by Stuart FL Mortgage Syndicated User on . Posted in Buying Myths, Down Payments, First Time Home Buyers, For Buyers, Mortgage Rates Stuart FL, Move-Up Buyers, Stuart FL Mortgage.

When it comes to buying a home, it can feel a bit intimidating to know how much you need to save and where to find that information. But you should know, you’re not expected to have all the answers yourself. There are many trusted professionals who can help you understand your finances and what you’ll need to budget for throughout the process. To get you started, here are a few things experts say you should plan for along the way. 1. Down Payment As you set your savings goal for your purchase, your down payment is likely already top of mind. And, like many other people, you may believe you...

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How an Energy Efficient Home Can Be a Bright Idea [INFOGRAPHIC]

Written by Stuart FL Mortgage Syndicated User on . Posted in First Time Home Buyers, For Buyers, Infographics, Mortgage Rates Stuart FL, Move-Up Buyers, Stuart FL Mortgage.

Some Highlights With inflation driving up the cost of everyday items, seeking out an energy-efficient home can be a great way to decrease the expenses you can control. Energy efficiency can help lower your utility bills and possibly even save you money on your taxes. Options to look for include efficient appliances, windows, and solar panels. If you’re planning to buy a home this year, consider energy efficiency in your search. Let’s connect so you can better understand features that can save you money for years to come. Content previously posted on Keeping Current Matters

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