Available 7 Days/Week       MON - FRI  8am - 7pm       SAT - SUN  10am – 6pm
Call us (850) 805-6900
Apply Now

Category: For Buyers

Auto Added by WPeMatico

Homeowner Net Worth Has Skyrocketed

Written by Seaside FL Mortgage Mortgage Syndicated User on . Posted in Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Mortgage Seaside FL, Move-Up Buyers, Rent vs. Buy, Seaside FL Mortgage.

If you’re weighing your options to decide whether it makes more sense to rent or buy a home today, here’s one key data point that could help you feel more confident in making your decision. Every three years, the Federal Reserve Board releases the Survey of Consumer Finances (SCF). That report covers the difference in net worth for both homeowners and renters. Spoiler alert: the gap between the two is significant.The average homeowner’s net worth is almost 40X greater than a renter’s. And here’s the data to prove it (see graph below):The Big Reason Homeowner Net Worth Is So HighIn the...

Continue reading

The Benefits of Buying a Multi-Generational Home [INFOGRAPHIC]

Written by Seaside FL Mortgage Mortgage Syndicated User on . Posted in Buying Myths, Demographics, First Time Home Buyers, For Buyers, Infographics, Mortgage Seaside FL, Seaside FL Mortgage.

Some HighlightsIf you’re ready to buy a home but are having a hard time affording it on your own, or, if you have aging loved ones you need to care for, you might want to consider a multi-generational home.Living with siblings, parents, and even grandparents can help you save money, give or receive childcare, and spend quality time together.Talk to a local real estate agent to find a home in our area that’s perfect for you and your loved one’s needs.

Continue reading

Don’t Believe Everything You Read About Home Prices

Written by Seaside FL Mortgage Mortgage Syndicated User on . Posted in Buying Myths, For Buyers, For Sellers, Housing Market Updates, Mortgage Seaside FL, Move-Up Buyers, Seaside FL Mortgage, Selling Myths.

According to the latest data from Fannie Mae, 23% of Americans still think home prices will go down over the next twelve months. But why do roughly 1 in 4 people feel that way?It has a lot to do with all the negative talk about home prices over the past year. Since late 2022, the media has created a lot of fear about a price crash and those concerns are still lingering. You may be hearing people in your own life saying they’re worried about home prices or see on social media that some influencers are saying prices are going to come tumbling down.If you’re someone who still thinks prices are...

Continue reading

A Real Estate Agent Helps Take the Fear Out of the Market

Written by Seaside FL Mortgage Mortgage Syndicated User on . Posted in Buying Myths, For Buyers, For Sellers, Housing Market Updates, Mortgage Seaside FL, Seaside FL Mortgage, Selling Myths.

Do negative headlines and talk on social media have you feeling worried about the housing market? Maybe you’ve even seen or heard something lately that scares you and makes you wonder if you should still buy or sell a home right now. Regrettably, when news in the media isn’t easy to understand, it can make people feel scared and unsure. Similarly, negative talk on social media spreads fast and creates fear. As Jason Lewris, Co-Founder and Chief Data Officer at Parcl, says:“In the absence of trustworthy, up-to-date information, real estate decisions are increasingly being driven by...

Continue reading