How To Turn Homeownership into a Side Hustle

Written by Panama City Mortgage Mortgage Syndicated User on December 7, 2023. Posted in Demographics, First Time Home Buyers, For Buyers, Mortgage Panama City, Move-Up Buyers, Panama City Mortgage, Rent vs. Buy.

Does the rising cost of just about everything these days make your dream of owning your own home feel less within reach? According to Bankrate, many people are seeking additional income through side hustles, possibly to cope with those increasing expenses and save for a home. This trend is particularly popular with younger individuals who may be dealing with student loan debt (see graph below): Here are two strategies that can not only make homeownership more affordable in the short term, but turn it into a lucrative side hustle that can pay off down the road. Transforming the Challenge...

Experts Project Home Prices Will Rise over the Next 5 Years

Written by Panama City Mortgage Mortgage Syndicated User on December 5, 2023. Posted in Buying Myths, For Buyers, For Sellers, Housing Market Updates, Mortgage Panama City, Panama City Mortgage, Selling Myths.

Even with so much data showing home prices are actually rising in most of the country, there are still a lot of people who worry there will be another price crash in the immediate future. In fact, a recent survey from Fannie Mae shows that 23% of consumers think prices will fall over the next 12 months. That’s nearly one in four people who are dealing with that fear – maybe you’re one of them. To help ease that concern, here’s what the experts say will happen with home prices not just next year, but over the next five years. Experts Project Ongoing Appreciation While seeing a small handful...

Is Owning a Home Still the American Dream for Younger Buyers?

Written by Panama City Mortgage Mortgage Syndicated User on December 1, 2023. Posted in Buying Myths, Demographics, First Time Home Buyers, For Buyers, Housing Market Updates, Mortgage Panama City, Panama City Mortgage.

Everyone has their own idea of the American Dream, and it’s different for each person. But, in a recent survey by Bankrate, people were asked about the achievements they believe represent the American Dream the most. The answers show that owning a home still claims the #1 spot for many Americans today (see graph below): In fact, according to the graph, owning a home is more important to people than retiring, having a successful career, or even getting a college degree. But is the dream of homeownership still alive for younger generations? A recent survey by 1000watt dives into how...

Are the Top 3 Housing Market Questions on Your Mind?

Written by Panama City Mortgage Mortgage Syndicated User on November 29, 2023. Posted in Buying Myths, First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Mortgage Panama City, Move-Up Buyers, Panama City Mortgage, Selling Myths.

When it comes to what’s happening in the housing market, there’s a lot of confusion going around right now. You may hear one thing in conversation with your friends, see something totally different on the news, and read something on social media that contradicts both of those thoughts. And, if you’re thinking about making a move, that can leave you with a lot of lingering questions. That’s where a trusted local real estate agent comes in. Here are the top 3 questions people are asking about today’s housing market, and the data to help answer them. 1. What’s Next for Mortgage Rates? Mortgage...

Is Wall Street Buying Up All the Homes in America?

Written by Panama City Mortgage Mortgage Syndicated User on November 28, 2023. Posted in Buying Myths, For Buyers, Housing Market Updates, Mortgage Panama City, Move-Up Buyers, Panama City Mortgage.

If you’re thinking about buying a home, you may find yourself interested in the latest real estate headlines so you can have a pulse on all of the things that could impact your decision. If that’s the case, you’ve probably heard mention of investors, and wondered how they’re impacting the housing market right now. That could leave you asking yourself questions like: How many homes do investors own? Are institutional investors, like large Wall Street Firms, really buying up so many homes that the average person can’t find one? To answer those questions, here’s the real story of what’s happening...

Why Homeowners Feel Thankful for Their Homes [INFOGRAPHIC]

Written by Panama City Mortgage Mortgage Syndicated User on November 25, 2023. Posted in First Time Home Buyers, For Buyers, Infographics, Mortgage Panama City, Panama City Mortgage.

Some Highlights Here are three reasons why homeowners feel thankful for their homes. First, it’s a safe place that can give you a greater sense of comfort, safety, and security. Second, it gives you freedom of expression. From the color of the paint to the art on the walls, you can express your style and your personality. Third, it provides a sense of community. Owning your home helps you build lasting friendships with neighbors and connects you to your community. If you’re thinking of buying a home and want to hear more about the potential benefits, talk with a local real estate a...

Why Homeowners Are Thankful They Own

Written by Panama City Mortgage Mortgage Syndicated User on November 24, 2023. Posted in Buying Myths, First Time Home Buyers, For Buyers, Mortgage Panama City, Panama City Mortgage, Rent vs. Buy.

Countless people have set out on the exciting journey of homeownership. Ask around and you’ll find the vast majority are thankful they took the leap and bought a home. But why? It’s because of the many emotional and lifestyle benefits that come with being a homeowner. So, if you’re trying to decide if you want to rent or buy a home, here are just a few of the many benefits you could look forward to if you buy. It’s a Safe Haven Owning a home goes beyond just having a roof over your head. It provides a sense of security and safety. In fact, in a survey from Fannie Mae, respondents say “having...

Home Prices Still Growing – Just at a More Normal Pace

Written by Panama City Mortgage Mortgage Syndicated User on November 23, 2023. Posted in For Buyers, For Sellers, Housing Market Updates, Mortgage Panama City, Panama City Mortgage, Pricing.

If you’re feeling a bit muddy on what’s happening with home prices, that’s no surprise. Some people are still saying prices are falling, even though data proves otherwise. Part of that misconception is because people are getting their information from unreliable sources. But it’s also coming from some media coverage misrepresenting what the data really shows. So, to keep things simple, here’s what you really need to know using real data you can trust. Normal Home Price Seasonality Explained In the housing market, there are predictable ebbs and flows that happen each year. It’s called seasonality....

Are There Actually More Homes for Sale Right Now?

Written by Panama City Mortgage Mortgage Syndicated User on November 22, 2023. Posted in Buying Myths, For Buyers, For Sellers, Housing Market Updates, Mortgage Panama City, Panama City Mortgage, Selling Myths.

If you’re looking to make a move, you want to be sure you have the latest information on the housing market. To help make that possible, here’s an update on the supply of homes for sale today. Whether you’re looking to buy or sell, the number of homes available in your local market matters to you. Take a look below. What’s the Truth About Today’s Housing Inventory? While the story for the past few years has been how few homes are on the market, recent national data may leave you feeling a bit confused. That’s because Realtor.com shows inventory is actually growing a bit month-over-month in...

2024 Housing Market Forecast [INFOGRAPHIC]

Written by Panama City Mortgage Mortgage Syndicated User on November 18, 2023. Posted in For Buyers, For Sellers, Housing Market Updates, Infographics, Mortgage Panama City, Panama City Mortgage, Pricing.

Some Highlights Thinking of buying or selling a house and wondering what the new year holds for the housing market? Experts forecast home prices to end this year up 2.8% and to rise another 1.5% in 2024. And climbing prices help make homeownership a good investment. Plus, home sales are projected to increase in 2024. That’s good news because it means experts are forecasting more activity as people continue to move. If you’re planning to buy or sell, it’s helpful to know what experts project for the housing market. Connect with a local real estate agent to talk about the latest forecasts...

Category: For Buyers