Your Homebuying Adventure [INFOGRAPHIC]

Written by Cedar Key Mortgage Syndicated User on December 8, 2023. Posted in Buying Myths, Cedar Key Mortgage, First Time Home Buyers, For Buyers, Infographics, Mortgage Cedar Key, Move-Up Buyers.

Some HighlightsHere are the key milestones you’ll encounter on your path to homeownership. From building your team, to house hunting, all the way to moving into your new home – it’s an exciting adventure.Your journey starts here. Connect with a local real estate agent so you have expert guidance each step of the way.

Why You Need To Use a Real Estate Agent When You Buy a Home

Written by Cedar Key Mortgage Syndicated User on December 7, 2023. Posted in Buying Myths, Cedar Key Mortgage, First Time Home Buyers, For Buyers, Mortgage Cedar Key, Move-Up Buyers.

If you’ve recently decided you’re ready to become a homeowner, chances are you’re trying to figure out what to do first. It can feel a bit overwhelming to know where to start, but the good news is you don’t have to navigate all of that alone.When it comes to buying a home, there are a lot of moving pieces. And that’s especially true in today’s housing market. The number of homes for sale is still low, and home prices and mortgage rates are still high. That combination can be tricky if you don’t have reliable expertise and a trusted advisor on your side. That’s why the best place to start is...

How To Turn Homeownership into a Side Hustle

Written by Cedar Key Mortgage Syndicated User on December 6, 2023. Posted in Cedar Key Mortgage, Demographics, First Time Home Buyers, For Buyers, Mortgage Cedar Key, Move-Up Buyers, 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 of a...

Experts Project Home Prices Will Rise over the Next 5 Years

Written by Cedar Key Mortgage Syndicated User on December 4, 2023. Posted in Buying Myths, Cedar Key Mortgage, For Buyers, For Sellers, Housing Market Updates, Mortgage Cedar Key, 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 AppreciationWhile seeing a small handful of expert...

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

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

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 the two...

Are The Top 3 Housing Market Questions on Your Mind?

Written by Cedar Key Mortgage Syndicated User on November 28, 2023. Posted in Buying Myths, Cedar Key Mortgage, First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Mortgage Cedar Key, Move-Up Buyers, 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 rates...

Is Wall Street Buying Up All the Homes in America?

Written by Cedar Key Mortgage Syndicated User on November 27, 2023. Posted in Buying Myths, Cedar Key Mortgage, For Buyers, Housing Market Updates, Mortgage Cedar Key, Move-Up Buyers.

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 Cedar Key Mortgage Syndicated User on November 24, 2023. Posted in Cedar Key Mortgage, First Time Home Buyers, For Buyers, Infographics, Mortgage Cedar Key.

Some HighlightsHere 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 agent.

Why Homeowners Are Thankful They Own

Written by Cedar Key Mortgage Syndicated User on November 23, 2023. Posted in Buying Myths, Cedar Key Mortgage, First Time Home Buyers, For Buyers, Mortgage Cedar Key, 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 HavenOwning 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 a...

Home Prices Still Growing – Just at a More Normal Pace

Written by Cedar Key Mortgage Syndicated User on November 22, 2023. Posted in Cedar Key Mortgage, For Buyers, For Sellers, Housing Market Updates, Mortgage Cedar Key, 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....

Category: For Buyers