Why 50% of Homes Are Selling for Under Asking and How To Avoid It

Written by Panama City Mortgage Mortgage Syndicated User on September 9, 2025. Posted in For Sellers, Home Prices, Mortgage Panama City, Panama City Mortgage, Selling Tips.

If your selling strategy still assumes you’ll get multiple offers over asking, it’s officially time for a reset. That frenzied seller’s market is behind us. And here are the numbers to prove it. From Frenzy to “Normal” Right now, about 50% of homes on the market are selling for less than their asking price, according to the latest data from Cotality. But that isn’t necessarily bad news, even if it feels like it. Here’s why. The wild run-up over the last few years was never going to be sustainable. The housing market needed a reset, and data shows that’s exactly what’s happening right...

What Mortgage Delinquencies Tell Us About the Future of Foreclosures

Written by Panama City Mortgage Mortgage Syndicated User on September 4, 2025. Posted in Economy, For Buyers, For Sellers, Foreclosures, Mortgage Panama City, Panama City Mortgage.

You may be seeing headlines about how foreclosures are rising. And if that makes you nervous that we’re headed for another crash, here’s what you should know. According to ATTOM, during the housing crash, over nine million people went through some sort of distressed sale (2007-2011). Last year, there were just over 300,000. So, even with the increase lately, we’re talking about numbers that are dramatically lower. But what does the future hold? Is a wave coming? The short answer is, no. Here’s why. Experts in the industry look at mortgage delinquencies (loans that are more than 30 days...

Thinking About Renting Your House Instead of Selling? Read This First.

Written by Panama City Mortgage Mortgage Syndicated User on September 2, 2025. Posted in For Sellers, Mortgage Panama City, Panama City Mortgage.

If your house is on the market but you haven’t gotten any offers you’re comfortable with, you may be wondering: what do I do if it doesn’t sell? And for a growing number of homeowners, that’s turning into a new dilemma: should I just rent it instead? There’s a term for this in the industry, and it’s called an accidental landlord. Here’s how Yahoo Finance defines it: “These ‘accidental landlords’ are homeowners who tried to sell but couldn’t fetch the price they wanted — and instead have decided to rent out their homes until conditions improve.” Why This Is Happening More Often Right Now...

History Shows the Housing Market Always Recovers

Written by Panama City Mortgage Mortgage Syndicated User on August 28, 2025. Posted in Economy, For Sellers, Forecasts, Mortgage Panama City, Panama City Mortgage, Selling Tips.

Now that the market is slowing down, homeowners who haven’t sold at the price they were hoping for are increasingly pulling their homes off the market. According to the latest data from Realtor.com, the number of homeowners taking their homes off the market is up 38% since the start of this year and 48% since the same time last June. For every 100 new listings in June, about 21 homes were taken off the market. And if you’ve made that same choice, you’re probably frustrated things didn’t go the way you wanted. It’s hard when you feel like the market isn’t working with you. But while...

More Contracts Are Falling Through. Here’s How To Get Ahead.

Written by Panama City Mortgage Mortgage Syndicated User on August 19, 2025. Posted in For Sellers, Mortgage Panama City, Panama City Mortgage, Selling Tips.

When you sell a house, the last thing you want is for the deal to fall apart right before closing. But according to the latest data from Redfin, that’s happening a bit more often lately. The good news is, it’s completely avoidable if you lean on an agent for insight into why that is and how to avoid it happening to you. This June, 15% of pending home sales fell through. That means those buyers backed out of their contracts. That’s not too much higher than the norm of roughly 12% from 2017-2019, but it’s still an increase. And it’s one you don’t want to have to deal with. The key to...

What You Need To Know About Concessions

Written by Panama City Mortgage Mortgage Syndicated User on August 13, 2025. Posted in For Sellers, Infographics, Mortgage Panama City, Panama City Mortgage, Selling Tips.

Some Highlights Now that there are more homes for sale, buyers have more options. And sellers need to be more flexible to close the deal. That’s why almost half of homeowners are making some type of concession. This can include covering closing costs, paying for repairs, or dropping the price. Not sure which concessions to offer? Connect with a local agent so you know what’s working for sellers in your market.

Online Home-Buying Search Terms Recently Hit 2-Year High

Written by Panama City Mortgage Mortgage Syndicated User on August 12, 2025. Posted in For Sellers, Mortgage Panama City, Panama City Mortgage.

Believe it or not, there are clear signs buyer interest is heating up again. Let’s talk about what’s really going on behind the scenes, and why the housing market might not be as quiet out there as it seems. Buyers Are Looking, and Search Trends Prove It One of the clearest ways to measure what people are thinking about is to look at what they’re searching for online. And according to Google Trends, searches for phrases like “home for sale” have been climbing steadily this year. The graph below shows an index of two common homebuyer search phrases and how popular they were on Google over...

Why Selling Without an Agent Can Cost You More Than You Think

Written by Panama City Mortgage Mortgage Syndicated User on August 8, 2025. Posted in Agent Value, For Sale by Owner, For Sellers, Inventory, Mortgage Panama City, Panama City Mortgage, Selling Tips.

Cutting out the agent might seem like a smart way to save when you sell your house. But here’s the hard truth. Last year, homes that sold with an agent went for almost 15% more than those that sold without one. That gap is pretty hard to ignore. And with more homes on the market to compete with right now, selling on your own is a mistake that’s going to cost you. This Isn’t the Market for DIY Selling A few years ago, you might’ve gotten away with a “For Sale By Owner” (FSBO) sign in your yard, navigating the process on your own. That’s because homes were flying off the market and buyers...

The 3 Things You Risk by Pricing Too High

Written by Panama City Mortgage Mortgage Syndicated User on August 1, 2025. Posted in Agent Value, For Sellers, Home Prices, Mortgage Panama City, Panama City Mortgage, Selling Tips.

When selling your house, the price you choose isn’t just a number, it’s a strategy. And in today’s market, that strategy needs to be sharp. The number of homes for sale is climbing. And that means buyers have more choices and can be more selective. If your price doesn’t line up with what else is out there, they’ll scroll right past it and go on to the next one. Pricing right from the start is your best move – and a great agent can help make sure you do. Overpricing Comes at a Cost And more sellers are finding that out the hard way. They list their house based on how things were a...

Home Price Forecasts for the Second Half of 2025

Written by Panama City Mortgage Mortgage Syndicated User on July 30, 2025. Posted in For Buyers, For Sellers, Forecasts, Home Prices, Infographics, Mortgage Panama City, Panama City Mortgage.

Some Highlights With all the headlines circulating recently, you may be wondering what’s next for home prices? Here’s what the expert forecasts say. Home prices are still forecast to rise nationally this year, just at a much slower pace. But price trends are going to vary by area. To have a quick conversation about what’s happening in your local market, connect with a real estate agent.

Category: For Sellers