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Tag: #fortlauderdalemortgage

Why It May Be Time To Add Newly Built Homes to Your Search

Written by Fort Lauderdale Mortgage Syndicated User on . Posted in First Time Home Buyers, For Buyers, Fort Lauderdale Mortgage, Fort Lauderdale Mortgage Rates, Move-Up Buyers, New Construction.

If you put a pause on your home search because you weren’t sure where you’d go once you sold your house, it might be a good time to get back into the market. If you’re willing to work with a trusted agent to consider a newly built home, you may have even more options and incentives than you realize. That may be why the National Association of Home Builders (NAHB) says the share of buyers looking for new construction is increasing: “According to the quarterly Housing Trends Report, the popularity of new construction homes is continuing to rebound . . .” Here’s a few reasons more buyers...

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Home Equity: A Source of Strength for Homeowners Today

Written by Fort Lauderdale Mortgage Syndicated User on . Posted in For Sellers, Foreclosures, Fort Lauderdale Mortgage, Fort Lauderdale Mortgage Rates, Housing Market Updates.

Experts agree there’s no chance of a large-scale foreclosure crisis like we saw back in 2008, and that’s good news for the housing market. As Mark Fleming, Chief Economist at First American, says: “. . . don’t expect a housing bust like the mid-2000s, as lending standards in this housing cycle have been much tighter and homeowners have historically high levels of home equity, so there likely won’t be a surge in foreclosures.” Data from the Mortgage Bankers Association (MBA) helps tell this story. It shows the overall percentage of homeowners at risk is decreasing significantly with time...

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