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Tag: #fortlauderdalemortgage

Is the Shifting Market a Challenge or an Opportunity for Homebuyers?

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

If you tried to buy a home during the pandemic, you know the limited supply of homes for sale was a considerable challenge. It created intense bidding wars which drove home prices up as buyers competed with one another to be the winning offer. But what was once your greatest challenge may now be your greatest opportunity. Today, data shows buyer demand is moderating in the wake of higher mortgage rates. Here are a few reasons why this shift in the housing market is good news for your homebuying plans. The Challenge There were many reasons for the limited number of homes on the market...

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Selling Your House? Your Asking Price Matters More Now Than Ever

Written by Fort Lauderdale Mortgage Syndicated User on . Posted in For Sellers, Fort Lauderdale Mortgage, Fort Lauderdale Mortgage Rates, Pricing, Selling Myths.

There’s no doubt about the fact that the housing market is slowing from the frenzy we saw over the past two years. But what does that mean for you if you’re thinking of selling your house? While home prices are still appreciating in most markets and experts say that will continue, they’re climbing at a slower pace because rising mortgage rates are creating less buyer demand. Because of this, there are more homes on the market. And in a shift like this one, the way you price your home matters more than ever. Why Today’s Housing Market Is Different During the pandemic, sellers could price...

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Why the Forbearance Program Changed the Housing Market

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

When the pandemic hit in 2020, many experts thought the housing market would crash. They feared job loss and economic uncertainty would lead to a wave of foreclosures similar to when the housing bubble burst over a decade ago. Thankfully, the forbearance program changed that. It provided much-needed relief for homeowners so a foreclosure crisis wouldn’t happen again. Here’s why forbearance worked. Forbearance enabled nearly five million homeowners to get back on their feet in a time when having the security and protection of a home was more important than ever. Those in need were able to...

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‘Chopped’ and ‘Guy’s Grocery Games’ celeb chef Demetrio Zavala reteams with Gary Rack for menu makeovers

Written by Fort Lauderdale Mortgage Syndicated User on . Posted in Fort Lauderdale Mortgage, Fort Lauderdale Mortgage Rates.

Chef Demetrio Zavala is a bona fide star on The Food Network, appearing a record 17 times on shows such as “Chopped” and “Guy’s Grocery Games.” Now the Delray Beach-born Zavala is returning to SoFlo to work with bestie Gary Rack in giving a reboot to the menus at both Farmhouse Kitchens as well as Racks Fish House + Oyster Bar.

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Housing Market Forecast for the Rest of 2022 [INFOGRAPHIC]

Written by Fort Lauderdale Mortgage Syndicated User on . Posted in For Buyers, For Sellers, Fort Lauderdale Mortgage, Fort Lauderdale Mortgage Rates, Housing Market Updates, Infographics, Interest Rates, Pricing.

Some Highlights The housing market is shifting away from the intensity of the past two years. Here’s what experts project for the remainder of 2022. Home prices are forecast to rise more moderately than last year. Mortgage rates will respond to inflation, and home sales will be more in line with pre-pandemic years. Let’s connect so you can make your best move this year. Content previously posted on Keeping Current Matters

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