The Real Benefits of Buying a Home This Year

Written by super22 on February 3, 2025. Posted in For Buyers, Home Prices, Upper Keys, Upper Keys Florida Mortgage, Upper Keys History, Upper Keys Mortgage, Upper Keys News.

Have you been wondering whether you should keep renting or finally make the leap into homeownership? It’s a big decision, and let’s be real — renting can feel like the easier option, especially if buying a home feels out of reach.But here’s the thing: a recent report from Bank of America highlights that 70% of prospective buyers fear the long-term consequences of renting, including not building equity and dealing with rising rents.Maybe you’re feeling that too — concerned about where renting might leave you down the road, but still unsure if you’d even be able to buy right now. The...

Florida Mortgage | The Big Difference Between Renter and Homeowner Net Worth

Written by super22 on February 1, 2025. Posted in Upper Keys Florida Mortgage, Upper Keys Mortgage.

The Big Difference Between Renter and Homeowner Net Worth On average, a homeowner’s net worth is nearly 40x higher than a renter’s. If you’re ready and able to buy, you have the chance to start gaining equity and growing your wealth. And if homeownership feels out of reach, let’s connect to talk about the programs that can help. NMLS ID 1834853 | #floridamortgage #floridamortgagerates #floridamortgagecompany #mortgagetips #mortgageexperts

Time in the Market Beats Trying To Time the Market

Written by super22 on January 31, 2025. Posted in Equity, Forecasts, Home Prices, Infographics, Upper Keys, Upper Keys Florida Mortgage, Upper Keys History, Upper Keys Mortgage, Upper Keys News.

Some HighlightsAre you torn between whether to buy a home now or wait? Consider this.Forecasts show prices will climb for ?at least the next 5 years. If you wait, the price of a home will be higher later on. But, if you buy a $400K now, you could gain roughly $83K in equity as prices rise.If you’re able to buy now, this equity is one reason why it’ll be worth it in the long run. Connect with an agent if you’re ready to talk through ways we can make it happen.

The Secret To Selling? Using an Agent To Get Your House Noticed

Written by super22 on January 30, 2025. Posted in Agent Value, For Sellers, Upper Keys, Upper Keys Florida Mortgage, Upper Keys History, Upper Keys Mortgage, Upper Keys News.

In a recent survey, the National Association of Realtors (NAR) asked sellers what they want most from a real estate agent. The number one answer was to help market their house.It makes sense. The way your agent markets your house can be the difference between whether or not it stands out and gets attention from buyers. That’s why it’s so important to work with an expert local agent that knows what they’re doing.According to that same report from NAR, here are some of the most common methods real estate agents use to market homes, and how you benefit when your agent uses them...

Florida Mortgage | Investors Are Not Buying Up All the Homes

Written by super22 on January 30, 2025. Posted in Upper Keys Florida Mortgage, Upper Keys Mortgage.

Investors Are Not Buying Up All the Homes There’s a common misconception that investors are buying up all the homes on the market. But that’s just not true. Let’s connect so you have help separating fact from fiction. NMLS ID 1834853 | #floridamortgage #floridamortgagerates #floridamortgagecompany #mortgagetips #mortgageexperts

Two Resources That Can Help You Buy a Home Right Now

Written by super22 on January 29, 2025. Posted in Affordability, Buying Tips, First-Time Buyers, For Buyers, Upper Keys, Upper Keys Florida Mortgage, Upper Keys History, Upper Keys Mortgage, Upper Keys News.

A recent report from Realtor.com says 20% of Americans don’t think homeownership is achievable. Maybe you feel the same way. With inflation driving up day-to-day expenses, saving enough to buy your first home is more of a challenge. But here’s the thing. With the right resources and help, you can still make it happen.There are options that can help make buying a home possible today — even if your savings are limited or your credit isn’t perfect. Let’s explore just two of the solutions that could help get you into your first home no matter the market.1. FHA LoansIf your down payment savings...

How Home Equity Can Help Fuel Your Retirement

Written by super22 on January 28, 2025. Posted in Agent Value, Home Prices, Upper Keys, Upper Keys Florida Mortgage, Upper Keys History, Upper Keys Mortgage, Upper Keys News.

If retirement is on the horizon, now’s the time to start thinking about your next chapter. And you probably want to make sure you’re set up to feel comfortable financially to live the life you want in retirement.What you may not realize is you likely have a hidden goldmine of cash you’re not thinking about — and that’s your home. Data from the Federal Housing Finance Agency (FHFA) shows that home values have gone up nearly 60% over the last 5 years alone (see graph below):And that appreciation gave your net worth a big boost. According to Freddie Mac, over the same five-year period:“...

Florida Mortgage | What Homebuyers Need To Know About Credit Scores

Written by super22 on January 28, 2025. Posted in Upper Keys Florida Mortgage, Upper Keys Mortgage.

What Homebuyers Need To Know About Credit Scores Most prospective homebuyers don’t know the minimum credit score lenders require or that it varies by lender and loan type. If you want to explore your options to see what’s out there, connect with us. NMLS ID 1834853 | #homebuying #mortgageexperts #creditscore #floridamortgage #floridamortgagerates #floridamortgagecompany #mortgagetips #mortgageexperts

3 Reasons To Buy a Home Before Spring

Written by super22 on January 27, 2025. Posted in For Buyers, Home Prices, Upper Keys, Upper Keys Florida Mortgage, Upper Keys History, Upper Keys Mortgage, Upper Keys News.

Let’s face it — buying a home can feel like a challenge with today’s mortgage rates. You might even be thinking, “Should I just wait until spring when more homes hit the market and rates might be lower?”But here’s the thing, no one knows for sure where mortgage rates will go from here, and waiting could mean facing more competition, higher prices, and a lot more stress.What if buying now — before the spring rush — might actually give you the upper hand? Here are three reasons why that just might be the case.1. Less Competition from Other BuyersThe winter months tend to be quieter in the...

Florida Mortgage | The Truth About Down Payments

Written by super22 on January 26, 2025. Posted in Upper Keys Florida Mortgage, Upper Keys Mortgage.

The Truth About Down Payments There’s a common misconception that you have to put 20% down, but most homebuyers don’t have to do that. That means your goal may be more within reach than you realize. Connect with a trusted lender to find out more. NMLS ID 1834853 | #floridamortgage #floridamortgagerates #floridamortgagecompany #mortgagetips #mortgageexperts

Category: Upper Keys Mortgage