Is Wall Street Really Buying All the Homes?

Written by St. Augustine Mortgage Syndicated User on November 19, 2024. Posted in Economy, For Buyers, St. Augustine, St. Augustine Mortgage.

Let’s be real – buying a home right now is tough. You’re scrolling through listings, rushing to open houses, and maybe even losing out to more competitive offers. Somewhere along the way, you might’ve heard the reason it’s so hard to find a home is because big Wall Street investors are swooping in and snatching up everything in sight.But here’s the thing: that’s mostly a myth. While investors are part of the market, according to Redfin, they’re a relatively small part:Here’s what that means. Five out of every six homes are being purchased by everyday homebuyers like you – not big...

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

Written by St. Augustine Mortgage Syndicated User on November 18, 2024. Posted in For Sellers, Inventory, St. Augustine, St. Augustine Mortgage.

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...

Where to Eat During St. Augustine’s Nights of Lights

Written by St. Augustine Mortgage Syndicated User on November 16, 2024. Posted in City Blog, Food, Nights of Lights, St. Augustine, St. Augustine Mortgage, Where to Eat.

St. Augustine’s Nights of Lights is one of the most enchanting holiday displays in the country, transforming the historic city into a sparkling wonderland. Millions of tiny lights illuminate the cobblestone streets, waterfront, and centuries-old architecture, creating an unforgettable experience for visitors of all ages. After soaking up the magic of the lights, nothing completes the evening quite like a delicious meal at one of the city’s standout restaurants. From elegant fine dining to cozy, casual eateries, St. Augustine offers an array of dining options that perfectly complement the...

Ultimate Guide to St. Augustine’s Nights of Lights

Written by St. Augustine Mortgage Syndicated User on November 16, 2024. Posted in City Blog, Family Friendly, Holiday Events, Nights of Lights, Special Events, St. Augustine, St. Augustine Mortgage, Things to Do, What to Do.

Every year, the historic city of St. Augustine transforms into a radiant display of holiday lights known as the Nights of Lights. This enchanting celebration attracts visitors worldwide, eager to experience the glow of more than three million white lights that adorn every corner of the city. From the cobblestone streets to the centuries-old architecture, the entire town sparkles in festive splendor. National Geographic named the Nights of Lights one of the best holiday displays in the world. It’s more than just a visual treat, it’s a blend of tradition, community, and celebration that...

The Big Difference Between Renter and Homeowner Net Worth

Written by St. Augustine Mortgage Syndicated User on November 15, 2024. Posted in Equity, Infographics, Rent vs. Buy, St. Augustine, St. Augustine Mortgage.

Some HighlightsIf you’re torn between renting or buying, don’t forget to factor in the wealth-building power of homeownership.Unlike renters, homeowners gain equity as they pay their mortgage and as home values rise. That’s why, on average, a homeowner’s net worth is nearly 40x higher than a renter’s. Connect with an agent if you want to learn more about the financial benefits of homeownership or the programs that can help make buying possible.

Should You Sell Your House or Rent It Out?

Written by St. Augustine Mortgage Syndicated User on November 14, 2024. Posted in For Sellers, Selling Tips, St. Augustine, St. Augustine Mortgage.

When you’re ready to move, figuring out what to do with your house is a big decision. And today, more homeowners are considering renting their home instead of selling it. Recent data from Zillow shows about two-thirds (66%) of sellers thought about renting their home before listing, with nearly a third (28%) taking that possibility seriously. Compared to 2021, when fewer than half (47%) of homeowners considered renting before selling, it’s clear this trend is on the rise.So, should you sell your house and use the money toward your next home or keep it as a rental to build long-term...

Nights of Lights Tours

Written by St. Augustine Mortgage Syndicated User on November 14, 2024. Posted in Attractions & Sightseeing, City Blog, Community, Family Friendly, Holiday Events, Night Life, Special Events, St. Augustine, St. Augustine Mortgage, Things to Do, What to Do.

Nights of Lights tours in St. Augustine are one of the most popular activities during the holidays among families, friend groups as well as couples. In fact, exploring the dazzling light display on a tour is a wonderful way to relax and unwind after a busy day of visiting attractions and historical sites. Grab a hot chocolate and a light jacket! St. Augustine Nights of Lights is a sight you won’t want to miss. … from air, land, and sea. From hundreds of feet above sea level – with nothing but a starry night to distract you – a Nights of Lights tour from a helicopter certainly gives you...

More Homes, Slower Price Growth – What It Means for You as a Buyer

Written by St. Augustine Mortgage Syndicated User on November 13, 2024. Posted in For Buyers, Home Prices, Inventory, St. Augustine, St. Augustine Mortgage.

There are more homes on the market right now than there have been in years – and that could be a game changer for you if you’re ready to buy. Let’s look at two reasons why.You Have More Options To Choose FromAn article from Realtor.com helps explain just how much the number of homes for sale has gone up this year:“There were 29.2% more homes actively for sale on a typical day in October compared with the same time in 2023, marking the twelfth consecutive month of annual inventory growth and the highest count since December 2019.”And while the number of homes on the market still isn’t quite...

What’s Motivating Homeowners To Move Right Now

Written by St. Augustine Mortgage Syndicated User on November 12, 2024. Posted in For Sellers, Mortgage Rates, Selling Tips, St. Augustine, St. Augustine Mortgage.

Over the past few years, some homeowners have decided to delay their move because they don’t want to sell and take on a higher mortgage rate on their next home. Maybe you’re thinking the same thing. And honestly, that’s no surprise. It’s a very common roadblock and is one of the biggest factors that’s kept the number of homes on the market so low for so long. But a growing number of homeowners are deciding they just can’t wait any longer. Often, it’s because of personal or lifestyle change. As Redfin explains:“Some homeowners are opting to bite the bullet and give up their low rate in order...

Where to Stay During St. Augustine’s Nights of Lights

Written by St. Augustine Mortgage Syndicated User on November 12, 2024. Posted in City Blog, Nights of Lights, St. Augustine, St. Augustine Mortgage, Where to Stay.

There’s no place quite like St. Augustine during the holiday season, when the historic city glows with the warmth of millions of sparkling lights. From November to January, the annual Nights of Lights transforms St. Augustine into a dazzling winter wonderland, with every corner of the city decked out in brilliant holiday décor. Whether you’re planning a romantic getaway, a family vacation, or a festive friends’ trip, finding the perfect place to stay will make your experience even more magical. This guide explores the best accommodations in St. Augustine to suit every travel style, from...

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