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Author: Nokomis Mortgage Syndicated User

Florida Mortgage | Why a Smaller Home May Be the Best Fit

Written by Nokomis Mortgage Syndicated User on . Posted in Nokomis FL Condo Mortgage, Nokomis FL Mortgage, Nokomis FL Mortgage Rates.

Florida Mortgage | Why a Smaller Home May Be the Best Fit | Are you a homeowner starting to plan where you’ll live when you retire? Let’s explore today’s downsizing opportunities so you can better understand your options. NMLS ID 1834853 #floridarealestate #floridahousingmarket #fidelityhomegroup

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A Recession Doesn’t Equal a Housing Crisis

Written by Nokomis Mortgage Syndicated User on . Posted in Housing Market Updates, Interest Rates, Nokomis FL Condo Mortgage, Nokomis FL Mortgage, Nokomis FL Mortgage Rates, Pricing.

Everywhere you look, people are talking about a potential recession. And if you’re planning to buy or sell a house, this may leave you wondering if your plans are still a wise move. To help ease your mind, experts are saying that if we do officially enter a recession, it’ll be mild and short. As the Federal Reserve explained in their March meeting:“. . . the staff’s projection at the time of the March meeting included a mild recession starting later this year, with a recovery over the subsequent two years.” While a recession may be on the horizon, it won’t be one for the housing market...

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Why Buying a Home Makes More Sense Than Renting Today

Written by Nokomis Mortgage Syndicated User on . Posted in Buying Myths, First Time Home Buyers, For Buyers, Nokomis FL Condo Mortgage, Nokomis FL Mortgage, Nokomis FL Mortgage Rates, Rent vs. Buy.

Wondering if you should continue renting or if you should buy a home this year? If so, consider this. Rental affordability is still a challenge and has been for years. That’s because, historically, rents trend up over time. Data from the Census shows rents have been climbing pretty steadily since 1988. And, data from the latest rental report from Realtor.com shows rents continue to grow today, even though it’s at a slower pace than we saw at the height of the pandemic:“In March 2023, the U.S. rental market experienced single-digit growth for the eighth month in a row . . . The median asking...

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Ways To Overcome Affordability Challenges in Today’s Housing Market [INFOGRAPHIC]

Written by Nokomis Mortgage Syndicated User on . Posted in First Time Home Buyers, For Buyers, Infographics, Interest Rates, Move-Up Buyers, Nokomis FL Condo Mortgage, Nokomis FL Mortgage, Nokomis FL Mortgage Rates, Pricing.

Some HighlightsWith so few homes on the market right now, widening the scope of your search to include nearby areas could help you find more options in your budget.You can also work with a trusted lender to consider alternative financing options and search for down payment assistance.If you’ve been searching for a home but are concerned about rising costs, make sure you have a team of trusted real estate professionals for expert advice.

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