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Category: Inventory

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Are Investors Actually Buying Up All the Homes?

Written by Cape San Blas Mortgage Syndicated User on . Posted in Cape San Blas Mortgage, Cape San Blas Mortgage Rates, Inventory.

Are you trying to buy a home but you feel like you’re up against deep-pocketed Wall Street investors snatching up everything in sight? Many people believe mega investors are driving up prices and buying up all the homes for sale, and that’s making it hard for regular buyers like you to compete.But here’s the truth. Investor purchases are actually on the decline, and the big players aren’t nearly as active as you might think. Let’s dive into the facts and put this myth to rest.Most Investors Are Small, Not Mega InvestorsA common misconception is that massive institutional investors are...

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Seller Concessions: A Smart Strategy To Get Your House Sold

Written by Cape San Blas Mortgage Syndicated User on . Posted in Cape San Blas Mortgage, Cape San Blas Mortgage Rates, For Sellers, Inventory, 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...

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Are You Asking Yourself These Questions About Selling Your House?

Written by Cape San Blas Mortgage Syndicated User on . Posted in Cape San Blas Mortgage, Cape San Blas Mortgage Rates, For Sellers, Inventory.

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...

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Buyer Bright Spot: There Are More Homes on the Market

Written by Cape San Blas Mortgage Syndicated User on . Posted in Buying Tips, Cape San Blas Mortgage, Cape San Blas Mortgage Rates, For Buyers, Forecasts, Inventory.

The past few years have been challenging for homebuyers, especially with higher home prices and mortgage rates. And if you’re trying to buy a home, it’s easy to worry you won’t be able to find something in your budget.But here’s what you need to know. The number of homes for sale has grown a whole lot lately and that’s true for both existing (previously lived-in) and newly built homes. Here’s a look at those two bright spots for buyers right now and why they may make it a bit easier to find the home you’re been looking for.1. There Are 22% More Existing Homes for Sale Data from Realtor.com...

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What’s Motivating More Buyers To Choose a Newly Built Home?

Written by Cape San Blas Mortgage Syndicated User on . Posted in Cape San Blas Mortgage, Cape San Blas Mortgage Rates, For Buyers, Inventory.

Planning to buy a home soon? Why not go for something brand-new? Because data shows a lot more buyers are seeing the appeal of new home construction these days – and you may find out it’s what you want too.The National Association of Realtors (NAR), explains that newly built homes accounted for 15% of all homes sold last year. That’s a significant increase, and is actually the highest percentage in 17 years (see graph below):To get a closer look at why so many people are opting for a brand-new home, NAR surveyed recent buyers. And here are the top reasons why new builds gained so much...

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More Starter Homes Are Hitting the Market

Written by Cape San Blas Mortgage Syndicated User on . Posted in Cape San Blas Mortgage, Cape San Blas Mortgage Rates, First-Time Buyers, Inventory.

More entry-level homes – also known as starter homes – are popping up on the market. And after several years with very few homes available to buy and prices rising, there are finally some more options for first-time buyers.Inventory Is Increasing – Especially at Lower Price PointsOver the past year, the total supply of homes for sale has improved. According to Realtor.com, in November there were 26.2% more homes for sale compared to this time last year, marking 13 months of inventory growth and the most homes available since December of 2019.Interestingly, the growth isn’t spread evenly...

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The Top 2 Reasons To Look at Newly Built Homes

Written by Cape San Blas Mortgage Syndicated User on . Posted in Buying Tips, Cape San Blas Mortgage, Cape San Blas Mortgage Rates, First-Time Buyers, For Buyers, Inventory.

When planning a move, a newly built home might not be the first thing that comes to mind. But with more brand-new homes on the market and builders focusing on smaller, more affordable options, this type of home may just be the key to crossing the homebuying finish line. Here’s why a new build is worth considering – and how an agent can help you find one that meets your needs and your budget. 1. More Newly Built Homes Are Available Right NowFirst, let’s break down the types of homes on the market. A newly built home is a house that was just built or is under construction. On the other...

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What Will It Take for Prices To Come Down?

Written by Cape San Blas Mortgage Syndicated User on . Posted in Affordability, Cape San Blas Mortgage, Cape San Blas Mortgage Rates, Home Prices, Inventory.

You may be wondering if home prices are going to crash. And believe it or not, some people might even be hoping this happens so they can finally purchase a more affordable home. But experts agree that’s not what’s in the cards – and here’s why.There are more people who want to buy a home than there are homes available to purchase. That’s what drives prices up.Let’s break that down and explore why, nationally, home prices aren’t going to be coming down anytime soon.Prices Depend on Supply and DemandThe housing market works like any other market – when demand is high and...

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Why This Winter Is the Sweet Spot for Selling

Written by Cape San Blas Mortgage Syndicated User on . Posted in Cape San Blas Mortgage, Cape San Blas Mortgage Rates, For Sellers, Infographics, Inventory.

Some HighlightsThinking about selling your house? Here are a few reasons why you may want to do it this season.Buyers looking right now are serious about moving and the number of homes for sale is typically lower this time of year – helping your house stand out.While inventory is higher this year than it’s been in the last few winters, you’ll still be in this year’s sweet spot.

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Don’t Let These Two Concerns Hold You Back from Selling Your House

Written by Cape San Blas Mortgage Syndicated User on . Posted in Cape San Blas Mortgage, Cape San Blas Mortgage Rates, For Sellers, Inventory.

If you’re debating whether or not you want to sell right now, it might be because you’ve got some unanswered questions, like if moving really makes sense in today’s market. Maybe you’re wondering if it’s even a good idea to move right now. Or you’re stressed because you think you won’t find a house you like.To put your mind at ease, here’s how to tackle these two concerns head-on.Is It Even a Good Idea To Move Right Now?If you own a home already, you may have been holding off because you don’t want to sell and take on a higher mortgage rate on your next house. But your move may be a...

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