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Category: For Sellers

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Your House Hasn’t Sold Yet. Should You Rent It Out Instead?

Written by Hallandale Beach Mortgage Syndicated User on . Posted in For Sellers, Hallandale Beach Condo Mortgages, Hallandale Beach Mortgage, Hallandale Beach Mortgage Rates.

When your house sits on the market longer than expected, it can get frustrating fast.You start asking: what now? And for a growing number of homeowners, that turns into: should I just rent it instead?While it sounds like a simple backup plan, becoming “accidental landlord” is actually a much bigger decision than most people realize. That’s when someone planned to sell, didn’t get the price or traction they hoped for, and decided to rent the house out instead.And lately, that’s happening more often.Why the Number of Accidental Landlords Is RisingIf you’re faced with the same choice to...

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Don’t Let Home Prices Headlines Fool You

Written by Hallandale Beach Mortgage Syndicated User on . Posted in For Buyers, For Sellers, Hallandale Beach Condo Mortgages, Hallandale Beach Mortgage, Hallandale Beach Mortgage Rates, Home Prices.

Spend about 5 minutes online searching for news about the housing market, and odds are you’ll see something pop up about home prices. You may even stumble onto social media influencers saying we’re headed for a crash. Let’s get you the context you need.The truth is prices are going to vary depending on where you live. But they’re not crashing.Here’s what you need to know.The Local Perspective: Home Price Trends by AreaThe biggest thing feeding into the confusion online is how different home price trends are by area right now. Take a look at this data from ResiClub and Zillow (see...

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The Best Week To List Your House Is Just Around the Corner

Written by Hallandale Beach Mortgage Syndicated User on . Posted in For Sellers, Hallandale Beach Condo Mortgages, Hallandale Beach Mortgage, Hallandale Beach Mortgage Rates, Selling Tips.

While the Spring season consistently offers up some of the best conditions for home sellers, Realtor.com says there’s one window where the stars really seem to align year after year. And it’s coming up fast.Based on their analysis of historical trends, the ideal week to put your house on the market this year is: April 12–18.And here’s why this window stands out as being particularly seller-friendly:Buyers Are More Active. According to the research coming out of Realtor.com, homes listed during this week typically get about 16.7% more views than in a normal week. And in a market where buyers...

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The Remodel You’ve Been Dreaming About May Be Closer Than You Think

Written by Hallandale Beach Mortgage Syndicated User on . Posted in Equity, For Sellers, Hallandale Beach Condo Mortgages, Hallandale Beach Mortgage, Hallandale Beach Mortgage Rates.

That kitchen you’ve been mentally redesigning…The bathroom that really needs a refresh…Or the outdoor space you keep saying you’ll get to someday…What if you already have what you need to finally make it happen? Because a growing number of homeowners are realizing just that.Homeowners are expected to spend over $522 billion on home improvements by the end of 2026 – and they’re not draining their savings accounts to get it done. Many are using their home equity.And if you’ve owned your home for 10+ years, there’s a chance you could use your equity to fund some home upgrades...

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The #1 Reason Buyers Walk Away (And How To Get Ahead of It)

Written by Hallandale Beach Mortgage Syndicated User on . Posted in Agent Value, For Sellers, Hallandale Beach Condo Mortgages, Hallandale Beach Mortgage, Hallandale Beach Mortgage Rates, Selling Tips.

You may have seen headlines on social saying the number of buyers backing out of their contracts is on the rise – and has recently reached a high not seen since 2017. That can sound intimidating. But it varies a lot by market.And here’s the key thing to understand if you want to sell. A lot of the time, there’s one common cause. And it’s something you can actually control.Here’s what you can do to get ahead of the biggest dealbreaker before it ever becomes a problem.The Top Dealbreaker: Issues That Pop Up During the InspectionA Redfin survey shows over 70% of recently cancelled contracts...

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One Key Sign We’re Not Headed for a Wave of Foreclosures

Written by Hallandale Beach Mortgage Syndicated User on . Posted in For Buyers, For Sellers, Foreclosures, Hallandale Beach Condo Mortgages, Hallandale Beach Mortgage, Hallandale Beach Mortgage Rates.

Foreclosures are ticking up. And that may make your mind jump straight to thoughts of 2008 – specifically to what happened to the market during the housing crash. So, let’s do exactly what your brain already wants to do, and see if there’s any connection there.The simple truth is foreclosure filings are rising. But they’re nowhere near crisis levels. And that’s not where they’re headed either. Here’s why.Take a look at serious delinquencies – loans where the homeowner is more than 90 days late on their mortgage payments.While those have increased slightly, data from the New York Fed shows...

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If Your House Isn’t Getting Offers, Read This.

Written by Hallandale Beach Mortgage Syndicated User on . Posted in Agent Value, For Sellers, Hallandale Beach Condo Mortgages, Hallandale Beach Mortgage, Hallandale Beach Mortgage Rates, Price It Right/Overpricing, Selling Tips.

Online searches for “can’t sell house” just hit an all-time high according to Google Trends. So, if your house has been sitting on the market without any bites, you’re not the only one. But it’s also not the end of the road. Homes are selling every day, so you can turn this around. You just need to take another look at your approach.If you’re feeling this pain, know this: an online search engine isn’t where you should go for your answers. It’s much better to talk to your agent. Because a search engine doesn’t know your market or your house. But your agent does.While a quick search or...

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Spring Sellers Have an Edge. Here’s Why.

Written by Hallandale Beach Mortgage Syndicated User on . Posted in Featured, For Sellers, Hallandale Beach Condo Mortgages, Hallandale Beach Mortgage, Hallandale Beach Mortgage Rates, Selling Tips.

Homeowners looking to sell usually want three things: plenty of interested buyers, strong offers, and a short timeline. Spring is the season that most often delivers all three.So, if a move has been on your mind this year, this is the window where momentum tends to work in your favor. Here’s what makes this season so powerful for sellers.1. More Buyers Will Be LookingTypically speaking, in the housing market, there’s no more popular time to move than the Spring. Historically, data coming out of ShowingTime proves that’s when buyer activity peaks each year. Take a look for yourself (see...

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Are Home Prices Dropping? Here’s the Real Story.

Written by Hallandale Beach Mortgage Syndicated User on . Posted in Equity, For Sellers, Hallandale Beach Condo Mortgages, Hallandale Beach Mortgage, Hallandale Beach Mortgage Rates, Home Prices.

You’ve probably seen posts on social media talking about how “home prices are falling.” And when you see something like that, it’s normal to wonder:Is this the start of a crash?What does this mean for my house?Let’s clear this up right away. This is not a crash. And your home is not suddenly losing a lot of value.The National Story – Prices Are Still Going UpHere’s what often gets left out of what you’re seeing online. While some markets are experiencing slight declines, they’re the minority. Most places are still seeing prices rise or at the very least, hold steady.That’s why, at the...

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The Hidden Advantage Repeat Buyers Have Right Now

Written by Hallandale Beach Mortgage Syndicated User on . Posted in Downsize, Equity, For Sellers, Hallandale Beach Condo Mortgages, Hallandale Beach Mortgage, Hallandale Beach Mortgage Rates, Senior Market.

What if you didn’t have a mortgage payment on your next house? It may sound a little unrealistic. But for a number of homeowners, it’s actually doable.Nearly 3 in 10 homes purchased today are bought in cash, according to the National Association of Realtors (NAR). That’s far more than the pre-pandemic norm (see graph below):So, how are so many buyers pulling that off? The answer is simple: home equity.Back in 2020-2021, mortgage rates and the number of homes for sale were both at all-time lows. And that combination pushed home prices up, fast.If you owned a home during that time, it likely...

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