How Buying or Selling a Home Helps Your Local Economy

Written by Jacksonville FL Mortgage Syndicated User on March 21, 2025. Posted in For Buyers, For Sellers, Jacksonville Condo Financing, Jacksonville Mortgage, Jacksonville Mortgage Rates.

Whether you’re buying or selling a house, here’s something to think about that most people don’t. Your decision doesn’t just impact your life and your family’s, it sparks a ripple effect that has a positive impact on your entire community.Every year, the National Association of Realtors (NAR) puts out a report that breaks down the financial impact that comes from people buying and selling homes. The data shows that if you buy an existing (previously lived-in) home, you’re giving the local economy a boost of just over $60K. And if you buy a newly built home, that number goes up to over...

Is It Time To Put Your House Back on the Market?

Written by Jacksonville FL Mortgage Syndicated User on March 19, 2025. Posted in Economy, For Sellers, Jacksonville Condo Financing, Jacksonville Mortgage, Jacksonville Mortgage Rates, Selling Tips.

If you took your house off the market in late 2024, you’re not the only one. Newsweek reports that data from CoreLogic and the Wall Street Journal (WSJ) says nearly 73,000 homes were pulled from the market in December alone – that’s more than any other December going all the way back to 2017 (see graph below):Whether it was because offers weren’t coming in, the timing around the holidays felt overwhelming, or they wanted to see if the market would improve in the new year – a lot of other homeowners decided to press pause, too.But now, with spring fast approaching, it’s time to...

Do You Know What Your House Is Really Worth?

Written by Jacksonville FL Mortgage Syndicated User on March 8, 2025. Posted in Equity, For Sellers, Home Prices, Infographics, Jacksonville Condo Financing, Jacksonville Mortgage, Jacksonville Mortgage Rates.

Some HighlightsOver the past 5 years, home prices have risen dramatically. If you own a home, that means your house may be worth a lot more than you think. ?Nationally, prices are up nearly 60% since 2019. ?And, if selling has been on your mind, you can use that bigger-than-expected return to power your next move.If you want to know how much your home is worth in today’s market, reach out to a local agent.? The number may surprise you.

Why a Pre-Listing Inspection May Be Worth It in Today’s Market

Written by Jacksonville FL Mortgage Syndicated User on March 6, 2025. Posted in For Sellers, Jacksonville Condo Financing, Jacksonville Mortgage, Jacksonville Mortgage Rates, Selling Tips.

Selling a house comes with a lot of moving pieces, and the last thing you want is a deal falling apart over unexpected repairs uncovered during the buyer’s inspection. That’s why it pays to anticipate potential issues before buyers ever step through the door. And one way to do that is with a pre-listing inspection.What Is a Pre-Listing Inspection? A pre-listing inspection is essentially a professional home inspection you schedule before putting your house on the market. Just like the inspections your buyer will do after making an offer, this process identifies any issues with the condition...

More Buyers Are Making Moves — Is It Time To Sell?

Written by Jacksonville FL Mortgage Syndicated User on March 5, 2025. Posted in For Sellers, Jacksonville Condo Financing, Jacksonville Mortgage, Jacksonville Mortgage Rates, Selling Tips.

More people are taking steps to buy a home. And, if you’ve been waiting for the right time to move, this may be the sign you’ve been looking for.For the past few years, a lot of would-be homebuyers hit pause on their plans. With rising mortgage rates and affordability challenges, buying just didn’t seem doable. But now, more of them are getting back out there. That’s because they’re getting used to the fact that this may be the new normal for the market – especially as forecasts show mortgage rates may be starting to stabilize. According to the National Association of Realtors...

Do You Know How Much Your Home Is Worth?

Written by Jacksonville FL Mortgage Syndicated User on February 28, 2025. Posted in For Sellers, Home Prices, Jacksonville Condo Financing, Jacksonville Mortgage, Jacksonville Mortgage Rates.

Over the past few years, you’ve probably seen a whole lot of headlines about how home prices keep going up. But have you ever stopped to think about what that actually means for your home?Home prices have risen dramatically over the past five years — far more than usual. And if selling has been on your mind, this could mean a bigger-than-expected payday when you list. So, how much has your home’s value really changed? Let’s break it down.The Rapid Rise of the Past 5 YearsTypically, home prices go up by about 2-5% a year. But in 2021-2022, there were double-digit increases. And at the...

Should I Update My House Before I Sell It?

Written by Jacksonville FL Mortgage Syndicated User on February 22, 2025. Posted in For Sellers, Infographics, Jacksonville Condo Financing, Jacksonville Mortgage, Jacksonville Mortgage Rates, Selling Tips.

Some HighlightsWith more homes for sale and buyers being more selective, it’s smart to make strategic updates.? But how do you decide what’s worth doing? ?You lean on an agent.An agent will be able to tell you what buyers want, quick wins that’ll have a big impact, and what projects have the best ROI.What projects are on your to-do list before selling? With only a month left before spring, connect with a local agent so you know what’s worth the time and effort.

Seller Concessions: A Smart Strategy To Get Your House Sold

Written by Jacksonville FL Mortgage Syndicated User on February 21, 2025. Posted in For Sellers, Inventory, Jacksonville Condo Financing, Jacksonville Mortgage, Jacksonville Mortgage Rates, Selling Tips.

For the past few years, it’s been mostly a seller’s market. But dynamics are shifting as the number of homes for sale grows. And that means that the market is balancing out a bit. As a result, some sellers are finding they need to be more flexible to close a deal. One strategy that can help? Offering concessions.As the National Association of Realtors (NAR) explains:“As home inventory begins to grow and buyers regain some advantage in the market, sellers may consider offering more in negotiations to make the deal more attractive and get to the closing table.”What Are Seller...

Are You Asking Yourself These Questions About Selling Your House?

Written by Jacksonville FL Mortgage Syndicated User on February 18, 2025. Posted in For Sellers, Inventory, Jacksonville Condo Financing, Jacksonville Mortgage, Jacksonville Mortgage Rates.

Some homeowners hesitate to sell because they’ve got unanswered questions that hold them back. But a lot of times their concerns are based on misconceptions, not facts. And if they’d just talk to an agent about it, they’d see these doubts aren’t necessarily a hurdle at all.If uncertainty is keeping you from making a move, it’s time to get the real answers. The ones you deserve. And to take the pressure off, you don’t have to ask the questions, because here’s the data that answers them.1. Is It Even a Good Idea To Move Right Now? If you own a home already, you may be tempted to wait because...

The Secret To Selling This Spring: Start the Prep Work Now

Written by Jacksonville FL Mortgage Syndicated User on February 14, 2025. Posted in For Sellers, Jacksonville Condo Financing, Jacksonville Mortgage, Jacksonville Mortgage Rates, Selling Tips.

Spring is the busiest season in the housing market. It’s the time of year when buyers are most active – that means it’s when homes sell faster and for top dollar. If you’ve already got a move on your mind, why not list this spring and take advantage of the added buyer demand? Since spring is just around the corner, now’s the time to start getting your house market-ready. You’ve got just over a month to do the prep work. And while that may sound like a decent amount of time, it’s going to go by quickly. And you won’t want to rush through this important task – especially this year. The Right...

Category: For Sellers