Low Housing Inventory Is a Sweet Spot for Sellers [INFOGRAPHIC]

Written by St. Augustine Mortgage Syndicated User on July 14, 2023. Posted in For Sellers, Housing Market Updates, Infographics, Selling Myths, St. Augustine, St. Augustine Mortgage.

Some HighlightsToday’s housing inventory is still well below more normal years.This low inventory is why homes that are priced right are still selling quickly and seeing multiple offers.If you want to sell your house, now is a great time because inventory is still low. Contact a trusted real estate agent to start the process.

How Remote Work Expands Your Homebuying Horizons

Written by St. Augustine Mortgage Syndicated User on July 13, 2023. Posted in For Buyers, Interest Rates, St. Augustine, St. Augustine Mortgage.

Even as some companies transition back into the office, remote work remains a popular choice for many professionals. So, if you currently enjoy working from home or hope to be able to soon, you’re not alone. According to a recent survey, most working professionals want to work either fully remote or hybrid (see below):This trend is good news if you’re looking to buy a home because a remote or hybrid work setup can help you overcome some of today’s affordability and housing inventory challenges.More Work Flexibility Equals More Home OptionsRemote or hybrid work opens up a world of opportunities....

Renting or Selling Your House: What’s the Best Move?

Written by St. Augustine Mortgage Syndicated User on July 12, 2023. Posted in For Sellers, Selling Myths, St. Augustine, St. Augustine Mortgage.

If you’re a homeowner ready to make a move, you may be thinking about using your current house as a short-term rental property instead of selling it. A short-term rental (STR) is typically offered as an alternative to a hotel, and they’re an investment that’s gained popularity in recent years.While a short-term rental can be a tempting idea, you may find the reality of being responsible for one difficult to take on. Here are some of the challenges you could face if you rent out your house instead of selling it.A Short-Term Rental Comes with ResponsibilitiesSuccessfully managing your house as...

Smoke Alarm Installation

Written by St. Augustine Mortgage Syndicated User on July 12, 2023. Posted in St. Augustine, St. Augustine Mortgage.

St. Augustine Fire Department will assist with installing and testing smoke alarms.

Momentum Is Building for New Home Construction

Written by St. Augustine Mortgage Syndicated User on July 11, 2023. Posted in For Buyers, Housing Market Updates, New Construction, St. Augustine, St. Augustine Mortgage.

If you’re in the process of looking for a home today, you know the supply of homes for sale is low because you’re feeling the impact of having a limited pool of options. And, if your biggest hurdle right now is that you’re having trouble finding something you like, don’t forget that a newly built home is a great option.As a recent article from the National Association of Realtors (NAR) says: “Home buyers continue to be met with limited housing options during what’s typically the real estate market’s busiest season. . . . The current supply of existing homes is about half the level it was in...

Reasons Your Home May Not Be Selling

Written by St. Augustine Mortgage Syndicated User on July 10, 2023. Posted in For Sellers, Pricing, St. Augustine, St. Augustine Mortgage.

When it comes to selling your house, you want three things: to sell it for the most money you can, to do it in a certain amount of time, and to do all of that with the fewest hassles. And, while the current housing market is generally favorable to sellers due to today’s limited housing supply, there are still factors that can cause delays or even prevent a house from selling.If you’re having trouble getting your house to sell in today’s sellers’ market, here are a few things to think about.Limited Access – If You Can’t Show It, You Can’t Sell It.One of the biggest mistakes you can...

The Benefits of Downsizing for Homeowners [INFOGRAPHIC]

Written by St. Augustine Mortgage Syndicated User on July 7, 2023. Posted in For Buyers, Infographics, St. Augustine, St. Augustine Mortgage.

Some HighlightsDownsizing is a popular choice for homeowners when they retire or when their needs change, but with inflation still high, it’s also a way to reduce costs.Downsizing could help cut down on your expenses and your equity can fuel your move.If you’re thinking about moving to a smaller home, connect with a real estate professional to go over your housing goals and look at your options in the local market.

Author: St. Augustine Mortgage Syndicated User