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Category: Buying Myths

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Why Today’s Housing Inventory Proves the Market Isn’t Headed for a Crash

Written by St. Petersburg Mortgage Syndicated User on . Posted in Buying Myths, For Buyers, For Sellers, Housing Market Updates, Mortgage St. Petersburg, Selling Myths, St. Petersburg, St. Petersburg Mortgage.

Whether or not you owned a home in 2008, you likely remember the housing crash that took place back then. And news about an economic slowdown happening today may bring all those concerns back to the surface. While those feelings are understandable, data can help reassure you the situation today is nothing like it was in 2008. One of the key reasons why the market won’t crash this time is the current undersupply of inventory. Housing supply comes from three key places: Current homeowners putting their homes up for sale Newly built homes coming onto the market Distressed properties (short sales...

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3 Tips for Buying a Home Today

Written by St. Petersburg Mortgage Syndicated User on . Posted in Buying Myths, First Time Home Buyers, For Buyers, Interest Rates, Mortgage St. Petersburg, Move-Up Buyers, Pricing, St. Petersburg, St. Petersburg Mortgage.

If you put off your home search at any point over the past two years, you may want to consider picking it back up based on today’s housing market conditions. Recent data shows the supply of homes for sale is increasing, giving buyers like you additional options. But it’s important to keep in mind that while inventory is improving, it’s still a sellers’ market. And that means you need to be prepared as you set out on your home search. Here are three tips for buying the home of your dreams today. 1. Understand How Mortgage Rates Impact Your Homebuying Power Mortgage rates have increased significantly...

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Why a Home Inspection Is Important [INFOGRAPHIC]

Written by St. Petersburg Mortgage Syndicated User on . Posted in Buying Myths, For Buyers, Infographics, Mortgage St. Petersburg, St. Petersburg, St. Petersburg Mortgage.

Some Highlights If you’re buying a home, here’s what you should know about your home inspection and why it’s so important. A home inspection is a crucial step in the homebuying process. It assesses the condition of the home you plan to purchase so you can avoid costly surprises down the road. Let’s connect so you have an expert on your side to guide you through the process. Content previously posted on Keeping Current Matters

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A Real Estate Professional Helps You Separate Fact from Fiction

Written by St. Petersburg Mortgage Syndicated User on . Posted in Buying Myths, For Buyers, For Sellers, Housing Market Updates, Mortgage St. Petersburg, Pricing, Selling Myths, St. Petersburg, St. Petersburg Mortgage.

If you’re following the news, chances are you’ve seen or heard some headlines about the housing market that don’t give the full picture. The real estate market is shifting, and when that happens, it can be hard to separate fact from fiction. That’s where a trusted real estate professional comes in. They can help debunk the headlines so you can really understand today’s market and what it means for you. Here are three common housing market myths you might be hearing, along with the expert analysis that provides better context. Myth 1: Home Prices Are Going To Fall One piece of fiction many buyers...

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