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Category: New Construction

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What Higher Mortgage Rates Mean for Home Sellers

Written by The Villages FL Mortgage Syndicated User on . Posted in For Sellers, Mortgage Rates, New Construction, Selling Tips, The Villages FL, The Villages FL Mortgage.

Higher mortgage rates don’t just affect buyers. They can change what it takes to sell your house, too.That’s because today’s buyers are paying close attention to affordability. And when rates rise, even a relatively small change can make a noticeable difference in their monthly payment. So, they’re looking for ways to make the numbers work. And in some markets, new construction is giving them exactly that.If you’re planning to sell, that doesn’t mean you can’t compete. But it does mean you need to understand what builders are doing to win over...

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What Everyone’s Getting Wrong About the Rise in New Home Inventory

Written by The Villages FL Mortgage Syndicated User on . Posted in For Buyers, New Construction, The Villages FL, The Villages FL Mortgage.

You may have seen talk online that new home inventory is at its highest level since the crash. And if you lived through the crash back in 2008, seeing new construction is up again may feel a little scary.But here’s what you need to remember: a lot of what you see online is designed to get clicks. So, you may not be getting the full story. A closer look at the data and a little expert insight can change your perspective completely.Why This Isn’t Like 2008While it’s true the number of new homes on the market hit its highest level since the crash, that’s not a reason to worry. That’s because...

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Explaining Today’s Low Housing Supply [INFOGRAPHIC]

Written by The Villages FL Mortgage Syndicated User on . Posted in Housing Market Updates, Infographics, New Construction, The Villages FL, The Villages FL Mortgage.

Some HighlightsWondering why the supply of homes for sale is limited today? There are a few factors at play.Lack of building over time, the mortgage rate lock-in effect, and people staying in their houses longer are three of the main reasons why supply is low.But real estate agents know exactly where to look and what to do to make your dream a reality. Connect with an agent so you have an expert on your side to help you successfully navigate the market and find your next home. 

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Where Will You Go If You Sell? Newly Built Homes Might Be the Answer.

Written by The Villages FL Mortgage Syndicated User on . Posted in For Buyers, Move-Up Buyers, New Construction, The Villages FL, The Villages FL Mortgage.

Do you want to sell your house, but hesitate because you’re worried you won’t be able to find your next home in today’s market? You’re not alone, but there’s some good news that may ease your worries. New home construction is up and is becoming an increasingly significant part of the housing inventory.That means when you go to put your house on the market this summer, considering newly built homes is crucial for expanding the options you’ll have for your next move.Near-Record Percentage of New Home InventoryNewly built homes today make up a near-record percentage of the total number...

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