Category: Florida Keys Mortgage

Spend about 5 minutes online searching for news about the housing market, and odds are you’ll see something pop up about home prices. You may even stumble onto social media influencers saying we’re headed for a crash. Let’s get you the context you need.The truth is prices are going to vary depending on where you live. But they’re not crashing.Here’s what you need to know.The Local Perspective: Home Price Trends by AreaThe biggest thing feeding into the confusion online is how different home price trends are by area right now. Take a look at this data from ResiClub and Zillow (see...

There’s a lot of noise out there right now about investors in the housing market.Some headlines make it sound like big Wall Street firms are buying up everything in sight. And if you’re trying to purchase a home yourself, that can make it feel like the odds are stacked against you.But when you take a closer look at the data, a very different picture starts to come into focus.Most Investors Are Just Everyday OwnersFor starters, when you hear the word investor, you probably picture big corporations. And that misconception is a large part of what’s feeding into the myth that they’re buying up...

While the Spring season consistently offers up some of the best conditions for home sellers, Realtor.com says there’s one window where the stars really seem to align year after year. And it’s coming up fast.Based on their analysis of historical trends, the ideal week to put your house on the market this year is: April 12–18.And here’s why this window stands out as being particularly seller-friendly:Buyers Are More Active. According to the research coming out of Realtor.com, homes listed during this week typically get about 16.7% more views than in a normal week. And in a market where buyers...

Mortgage rates have been volatile lately. And if you’re thinking about buying a home, that can make it harder to plan. But there are still things you can do to get the best rate possible in today’s market. It starts with having the right information.So, what’s causing the bumps in rates? And what can you do about it? Let’s break it down.Mortgage Rate Volatility Is NormalData from Freddie Mac shows the recent volatility. After trending down for well over a year, there was a rise this month (see graph below): While it’s easy to be distracted by the changes, here’s what you need to...

That kitchen you’ve been mentally redesigning…The bathroom that really needs a refresh…Or the outdoor space you keep saying you’ll get to someday…What if you already have what you need to finally make it happen? Because a growing number of homeowners are realizing just that.Homeowners are expected to spend over $522 billion on home improvements by the end of 2026 – and they’re not draining their savings accounts to get it done. Many are using their home equity.And if you’ve owned your home for 10+ years, there’s a chance you could use your equity to fund some home upgrades...