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Tag: #jacksonvillebeachcondomortgagerates

Want To Buy a Home? Now May Be the Time.

Written by Jacksonville Beach Mortgage Syndicated User on . Posted in First Time Home Buyers, For Buyers, Jacksonville Beach Condo Financing, Jacksonville Beach Mortgage, Jacksonville Beach Mortgage Rates, Move-Up Buyers.

There are more homes for sale today than at any time last year. So, if you tried to buy a home last year and were outbid or out priced, now may be your opportunity. The number of homes for sale in the U.S. has been growing over the past four months as rising mortgage rates help slow the frenzy the housing market saw during the pandemic. Lawrence Yun, Chief Economist at the National Association of Realtors (NAR), explains why the shifting market creates a window of opportunity for you: “This is an opportunity for people with a secure job to jump into the market, when other people are a...

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A Window of Opportunity for Homebuyers

Written by Jacksonville Beach Mortgage Syndicated User on . Posted in First Time Home Buyers, For Buyers, Housing Market Updates, Jacksonville Beach Condo Financing, Jacksonville Beach Mortgage, Jacksonville Beach Mortgage Rates, Move-Up Buyers.

Mortgage rates are much higher today than they were at the beginning of the year, and that’s had a clear impact on the housing market. As a result, the market is seeing a shift back toward the range of pre-pandemic levels for buyer demand and home sales. But the transition back toward pre-pandemic levels isn’t a bad thing. In fact, the years leading up to the pandemic were some of the best the housing market has seen. That’s why, as the market undergoes this shift, it’s important to compare today not to the abnormal pandemic years, but to the most recent normal years to show how the...

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