Available 7 Days/Week       MON - FRI  8am - 7pm       SAT - SUN  10am – 6pm
Call us (850) 805-7150
Apply Now

Tag: Housing Market Updates

3 Charts That Show This Isn’t a Housing Bubble

Written by Sandestin FL Mortgage Syndicated User on . Posted in Mortgage Sandestin FL, Sandestin Mortgage.

With home prices continuing to deliver double-digit increases, some are concerned we’re in a housing bubble like the one in 2006. However, a closer look at the market data indicates this is nothing like 2006 for three major reasons. 1. The housing market isn’t driven by risky mortgage loans. Back in 2006, nearly everyone could qualify for a loan. The Mortgage Credit Availability Index (MCAI) from the Mortgage Bankers’ Association is an indicator of the availability of mortgage money. The higher the index, the easier it is to obtain a mortgage. The MCAI more than doubled from 2004 (378) to 2006...

Continue reading

Experts Agree: Options Are Improving for Buyers [INFOGRAPHIC]

Written by Sandestin FL Mortgage Syndicated User on . Posted in Mortgage Sandestin FL, Sandestin Mortgage.

Some Highlights Buyers hoping for more homes to choose from may be in luck as housing inventory begins to rise. Many experts agree – new sellers listing their homes is great news for buyers and the overall market. Although the supply increases are modest, more homes means more options for buyers. A rise in inventory may also help slow the price gains we’ve seen recently and could be a sign of good things to come. If you’re searching for a home, rising inventory is welcome news. Let’s connect today to discuss new listings in our area. Content previously posted on Keeping Current Matters href=”https://www.simplifyingthemarket.com/en/?a=429471-6e7ae3e7d7cea4059ea7d116981248f9″>Keeping...

Continue reading

Housing Supply Is Rising. What Does That Mean for You?

Written by Sandestin FL Mortgage Syndicated User on . Posted in Mortgage Sandestin FL, Sandestin Mortgage.

An important factor in today’s market is the number of homes for sale. While inventory levels continue to sit near historic lows, there are indications we may have hit the lowest point we’ll see. Odeta Kushi, Deputy Chief Economist at First American, recently said of our supply challenges: “It looks like inventory may have hit a bottom (we’ve seen this in the higher frequency data as well). Unsold inventory in May was at 2.5 months supply, up from 2.4.” To put it into perspective, the graph below shows levels of inventory rising since the beginning of the year:We’re still not close to a balanced...

Continue reading

Why This Isn’t Your Typical Summer Housing Market

Written by Sandestin FL Mortgage Syndicated User on . Posted in Mortgage Sandestin FL, Sandestin Mortgage.

In real estate, it’s normal to see ebbs and flows in the market. Typically, the summer months are slower-paced than the traditionally busy spring. But this isn’t a typical summer. As the economy rebounds and life is returning to normal, the real estate market is expected to have an unusually strong summer season. Here’s how this summer is stacking up against the norm and what it means for you. Inventory is increasing. According to the latest Existing Home Sales Report from the National Association of Realtors (NAR), inventory levels have been rising since February of this year. Looking at the...

Continue reading

Your Home Equity Can Take You Places [INFOGRAPHIC]

Written by Sandestin FL Mortgage Syndicated User on . Posted in Mortgage Sandestin FL, Sandestin Mortgage.

Some Highlights The amount of wealth Americans have stored in their homes has increased astronomically. On average, homeowners gained $33,400 in equity over the last 12 months, and the average equity on mortgaged homes is now $216,000. When it’s time to sell, your home equity can help accomplish your goals. Let’s connect to discuss how you can take advantage of today’s sellers’ market to get the most out of your home sale. Content previously posted on Keeping Current Matters href=”https://www.simplifyingthemarket.com/en/?a=429471-6e7ae3e7d7cea4059ea7d116981248f9″>Keeping Current...

Continue reading