Should You Rent Your House or Sell It?

Written by Navarre Mortgage Mortgage Syndicated User on February 2, 2023. Posted in For Sellers, Mortgage Navarre FL, Navarre Mortgage, Selling Myths.

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. According to a Harris Poll survey, 28% of homeowners have considered using a rental service to temporarily rent out their home for additional income.

Want To Sell Your House? Price It Right.

Written by Navarre Mortgage Mortgage Syndicated User on January 24, 2023. Posted in For Sellers, Mortgage Navarre FL, Navarre Mortgage, Pricing, Selling Myths.

Last year, the housing market slowed down in response to higher mortgage rates, and that had an impact on home prices. If you’re thinking of selling your house soon, that means you’ll want to adjust your expectations accordingly. As realtor.com explains:

Planning To Sell Your House? It’s Critical To Hire a Pro.

Written by Navarre Mortgage Mortgage Syndicated User on December 30, 2022. Posted in For Sellers, FSBOs, Mortgage Navarre FL, Navarre Mortgage, Selling Myths.

With higher mortgage rates and moderating buyer demand, conditions in the housing market are different today. And if you’re thinking of selling your house, it’s important to understand how the market has changed and what that means for you. The best way to make sure you’re in the know is to work with a trusted housing market expert. Here are five reasons working with a professional can ensure you’ll get the most out of your sale. 1. A Real Estate Advisor Is an Expert on Market Trends Leslie Rouda Smith, 2022 President of the National Association of Realtors (NAR), explains: “During challenging...

Confused About What’s Going on in the Housing Market? Lean on a Professional.

Written by Navarre Mortgage Mortgage Syndicated User on December 28, 2022. Posted in Buying Myths, For Buyers, For Sellers, Mortgage Navarre FL, Navarre Mortgage, Selling Myths.

If you’re thinking about buying or selling a home, you probably want to know what’s really happening with home prices, mortgage rates, housing supply, and more. That’s not an easy task considering how sensationalized headlines are today. Jay Thompson, Real Estate Industry Consultant, explains: “Housing market headlines are everywhere. Many are quite sensational, ending with exclamation points or predicting impending doom for the industry. Clickbait, the sensationalizing of headlines and content, has been an issue since the dawn of the internet, and housing news is not immune to it.” Unfortunately,...

Ready To Sell? Today’s Housing Supply Gives You Two Opportunities.

Written by Navarre Mortgage Mortgage Syndicated User on December 14, 2022. Posted in For Sellers, Housing Market Updates, Mortgage Navarre FL, Navarre Mortgage, Selling Myths.

At first glance, the increase in housing supply compared to last year may not sound like good news for prospective sellers, but it actually gives you two key opportunities in today’s housing market. An article from Calculated Risk helps put the inventory gains the market has seen in 2022 into perspective by comparing it to recent years (see graph below). It shows supply has surpassed 2021 levels by 58%. But the further back you look, the more you’ll understand the bigger picture. And if you go all the way back to 2019, the last normal year in real estate, we’re roughly 35% below the housing...

What Every Seller Should Know About Home Prices

Written by Navarre Mortgage Mortgage Syndicated User on December 13, 2022. Posted in For Sellers, Housing Market Updates, Mortgage Navarre FL, Navarre Mortgage, Selling Myths.

If you’re trying to decide whether or not to sell your house, recent headlines about home prices may be top of mind. And if those stories have you wondering what that means for your home’s value, here’s what you really need to know. What’s Really Happening with Home Prices? It’s possible you’ve seen news stories mentioning a drop in home values or home price depreciation, but it’s important to remember those headlines are designed to make a big impression in just a few words. But what headlines aren’t always great at is painting the full picture. While home prices are down slightly month-over-month...

Category: Selling Myths