Skip to main content
Available 7 Days/Week       MON - FRI  8am - 7pm       SAT - SUN  10am – 6pm
Call us (386) 456-6380
Apply Now

Category: Buying Myths

Auto Added by WPeMatico

Is It Easier To Find a Home To Buy Now?

Written by The Villages FL Mortgage Syndicated User on . Posted in Buying Myths, For Buyers, The Villages FL, The Villages FL Mortgage.

One of the biggest hurdles buyers have faced over the past few years has been a lack of homes available for sale. But that’s starting to change.The graph below uses the latest data from Realtor.com to show there are more homes on the market in 2024 than there have been in any of the past several years (2021-2023):Does That Mean Finding a Home Is Easier?The answer is yes, and no. As an article from Realtor.com says:“There were nearly 15% more homes for sale in February than a year earlier . . . That alone could jolt the housing market a bit if more “For Sale” signs continue to appear....

Continue reading

Single Women Are Embracing Homeownership

Written by The Villages FL Mortgage Syndicated User on . Posted in Buying Myths, First Time Home Buyers, For Buyers, The Villages FL, The Villages FL Mortgage.

In today’s housing market, more and more single women are becoming homeowners. According to data from the National Association of Realtors (NAR), 19% of all homebuyers are single women, while only 10% are single men.If you’re a single woman trying to buy your first home, this should be encouraging. It means other people are making their dreams a reality – so you can too.Why Homeownership Matters to So Many Women For many single women, buying a home isn’t just about having a place to live—it’s also a smart way to invest for the future. Homes usually increase in value...

Continue reading

Why You Want an Agent’s Advice for Your Move

Written by The Villages FL Mortgage Syndicated User on . Posted in Buying Myths, For Buyers, For Sellers, Selling Myths, The Villages FL, The Villages FL Mortgage.

No matter how you slice it, buying or selling a home is a big decision. And when you’re going through any change in your life and you need some guidance, what do you do? You get advice from people who know what they’re talking about. Moving is no exception. You need insights from the pros to help you feel confident in your decision. Freddie Mac explains it like this:“As you set out to find the right home for your family, be sure to select experienced, trusted professionals who will help you make informed decisions and avoid pitfalls.”And while perfect advice isn’t possible – not even from...

Continue reading

What You Need To Know About Saving for a Home in 2024

Written by The Villages FL Mortgage Syndicated User on . Posted in Buying Myths, First Time Home Buyers, For Buyers, Move-Up Buyers, The Villages FL, The Villages FL Mortgage.

If you’re planning to buy a home, knowing what to budget for and how to save may sound intimidating – but it doesn’t have to be. One way to ease those concerns is to make sure you understand some of the costs you may encounter up front. And to do that, always turn to trusted real estate professionals. They can help you set a plan and take a strategic look at your budget and your process before you even get started.Here are just a few things experts say you should be thinking about.1. Down PaymentSaving for your down payment is likely top of mind as you set out to buy a home. But do you know...

Continue reading

Is Owning a Home Still the American Dream for Younger Buyers?

Written by The Villages FL Mortgage Syndicated User on . Posted in Buying Myths, Demographics, First Time Home Buyers, For Buyers, Housing Market Updates, The Villages FL, The Villages FL Mortgage.

Everyone has their own idea of the American Dream, and it’s different for each person. But, in a recent survey by Bankrate, people were asked about the achievements they believe represent the American Dream the most. The answers show that owning a home still claims the #1 spot for many Americans today (see graph below): In fact, according to the graph, owning a home is more important to people than retiring, having a successful career, or even getting a college degree. But is the dream of homeownership still alive for younger generations?A recent survey by 1000watt dives into how the...

Continue reading

Are the Top 3 Housing Market Questions on Your Mind?

Written by The Villages FL Mortgage Syndicated User on . Posted in Buying Myths, First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers, Selling Myths, The Villages FL, The Villages FL Mortgage.

When it comes to what’s happening in the housing market, there’s a lot of confusion going around right now. You may hear one thing in conversation with your friends, see something totally different on the news, and read something on social media that contradicts both of those thoughts. And, if you’re thinking about making a move, that can leave you with a lot of lingering questions. That’s where a trusted local real estate agent comes in.Here are the top 3 questions people are asking about today’s housing market, and the data to help answer them.1. What’s Next for Mortgage Rates?Mortgage...

Continue reading

A Real Estate Agent Helps Take the Fear Out of the Market

Written by The Villages FL Mortgage Syndicated User on . Posted in Buying Myths, For Buyers, For Sellers, Housing Market Updates, Selling Myths, The Villages FL, The Villages FL Mortgage.

Do negative headlines and talk on social media have you feeling worried about the housing market? Maybe you’ve even seen or heard something lately that scares you and makes you wonder if you should still buy or sell a home right now. Regrettably, when news in the media isn’t easy to understand, it can make people feel scared and unsure. Similarly, negative talk on social media spreads fast and creates fear. As Jason Lewris, Co-Founder and Chief Data Officer at Parcl, says:“In the absence of trustworthy, up-to-date information, real estate decisions are increasingly being driven by...

Continue reading

Unmasking Scary Myths about Today’s Housing Market [INFOGRAPHIC]

Written by The Villages FL Mortgage Syndicated User on . Posted in Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Infographics, Move-Up Buyers, The Villages FL, The Villages FL Mortgage.

Some HighlightsHere’s what you really need to know about a few myths causing fear in today’s housing market.Despite common misconceptions, many people can buy a home even if they have student loans, home prices are rising nationally (not falling), and you usually don’t have to have 20% for a down payment.If you have other fears or reservations about buying a home today, get in touch with a real estate expert who can help clear those up.

Continue reading

Applying For a Mortgage? Here’s What You Should Avoid Once You Do.

Written by The Villages FL Mortgage Syndicated User on . Posted in Buying Myths, First Time Home Buyers, For Buyers, The Villages FL, The Villages FL Mortgage.

While it’s exciting to start thinking about moving in and decorating after you’ve applied for your mortgage, there are some key things to keep in mind before you close. Here’s a list of things you may not realize you need to avoid after applying for your home loan. Don’t Deposit Large Sums of Cash Lenders need to source your money, and cash isn’t easily traceable. Before you deposit any amount of cash into your accounts, discuss the proper way to document your transactions with your loan officer. Don’t Make Any Large Purchases It’s not just home-related purchases that could disqualify you...

Continue reading