Available 7 Days/Week       MON - FRI  8am - 7pm       SAT - SUN  10am – 6pm
Call us (941) 315-9100
Apply Now

Tag: #nokomismortgagecalculator

How Homeowners Win When They Downsize

Written by Nokomis Mortgage Syndicated User on . Posted in Demographics, For Buyers, For Sellers, Nokomis FL Condo Mortgage, Nokomis FL Mortgage, Nokomis FL Mortgage Rates.

Downsizing has long been a popular option when homeowners reach retirement age. But there are plenty of other life changes that could make downsizing worthwhile. Homeowners who have experienced a change in their lives or no longer feel like their house fits their needs may benefit from downsizing too. U.S. News explains:“Downsizing is somewhat common among older people and retirees who no longer have children living at home. But these days, younger people are also looking to downsize to save money on housing . . .”And when inflation has made most things significantly more expensive, saving...

Continue reading

Buyer Activity Is Up Despite Higher Mortgage Rates

Written by Nokomis Mortgage Syndicated User on . Posted in For Sellers, Housing Market Updates, Nokomis FL Condo Mortgage, Nokomis FL Mortgage, Nokomis FL Mortgage Rates, Selling Myths.

If you’re a homeowner thinking about making a move, you may wonder if it’s still a good time to sell your house. Here’s the good news. Even with higher mortgage rates, buyer traffic is actually picking up speed.Data from the latest ShowingTime Showing Index, which is a measure of buyers actively touring homes, helps paint the picture of how much buyer demand has increased in recent months (see graph below):As the graph shows, the first two months of 2023 saw a noticeable increase in buyer traffic. That’s likely because the limited number of homes for sale kept shoppers looking for homes...

Continue reading

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

Continue reading

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...

Continue reading

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...

Continue reading