Mortgage and Lending News

March 19, 2024

March 2024 - Real Estate News and Space Coast Statistics from Ocean to River Properties powered by CENTURY 21 Ocean

Noteworthy News and Space Coast Spotlight:

 

Note from Broker Barbara - Property Taxes, Homestead, & Portability

 

I recently attended a presentation by Dana Blickley, our Brevard County Property Appraiser. She is an engaging speaker and I always learn something new about some of the latest news in the community ...

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July 12, 2023

July Real Estate Trends in Brevard County Florida

July 2023 Real Estate Trends

MAKING SENSE OF HOUSING REPORTS:

Understanding Housing Data: Unraveling the Median vs. Repeat Sales Price Conundrum

The realm of housing data can be perplexing, often presenting conflicting information. It's not uncommon to hear reports stating that home prices have risen, only to come across ...

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April 24, 2023

The Power of Pre-Approval

The Power of Pre-Approval

If you’re buying a home this spring, today’s housing market can feel like a challenge. With so few homes on the market right now, plus higher mortgage rates, it’s essential to have a firm grasp on your homebuying budget. You’ll also need a sense of determination ...

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March 31, 2023

Facts About Closing Costs

Facts About Closing Costs

For Buyers, First Time Home Buyers, Move-Up Buyers, Buying Myths

 

  • If you’re thinking about buying a home, be sure to plan for closing costs.
  • Closing costs are typically 2% to 5% of the total purchase price of a home, and they can include things like ...
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March 24, 2023

Here’s Why the Housing Market Isn’t Going To Crash

 

#forsellers #foreclosures #pricing #housingmarketupdates

Don ...

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Feb. 28, 2023

What You Should Know About Rising Mortgage Rates

What You Should Know About Rising Mortgage Rates

After steadily falling over the winter, mortgage rates have started to rise in recent weeks. This is concerning to some potential homebuyers as the combination of higher mortgage rates and higher prices have made homes less affordable. So, if you’re planning to ...

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Feb. 24, 2023

The Two Big Issues the Housing Market’s Facing Right Now

Issues the Housing Market is Facing Right Now

The biggest challenge the housing market faces is how few homes there are for sale. Mark Fleming, Chief Economist at First American, explains the root causes of today’s low supply:

“Two dynamics are keeping existing-home inventory historically low – rate-locked existing homeowners ...

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Nov. 9, 2022

What’s Ahead for Mortgage Rates and Home Prices?

Mortgage Rates and Home Prices in 2022 and 2023

 

Now that the end of 2022 is within sight, you may be wondering what’s going to happen in the housing market next year and what that may mean if you’re thinking about buying a home. Here’s a look at the latest ...

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Oct. 24, 2022

3 Questions You May Be Asking About Selling Your House Today

Should I Sell My House In 2022 Q4?

  • If you’re planning to sell your house this year, you likely have questions about what the shift in the housing market means for your home sale.
  • You might be wondering: Should I wait to sell? Are buyers still out there? And can ...
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Oct. 24, 2022

Pre-Approval Is a Critical First Step on Your Homebuying Journey

The Pre-Approval Home Mortgage Process

If you’re planning to buy a home this year, one of the first steps on your journey is getting pre-approved. Especially in today’s market when mortgage rates are higher than they were just a few months ago, getting a mortgage pre-approval can be a game ...

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