Tuesday, May 9, 2023 / by Marvin Dave Gavin
SATURDAY | 05-13-2023 12:00 PM - 2:00 PM
MORE PHOTOS HERE: https://yourhomesoldguaranteedrealty-brendabianchi.com/open-house/open-house-in-clearwater/
SATURDAY | 05-13-2023 12:00 PM - 2:00 PM
Great opportunity to purchase in this awesome neighborhood right on the Dunedin Clearwater border. Walk to Edgewater Drive just a few blocks away and stroll along the intercoastal or watch the dolphins and beautiful sunsets. Roll up your sleeves and bring your tools. This is a Handyman Special. Priced for a quick sale. Room for profit on a flip or fix up and hold as a rental. Roof 2005, CHA 2013, Hot Water approximately 4 years. Bath Vanity 2019, Stove 2023. Home needs windows, updated electric (still on fuses), wood rot, and paint. Interior well maintained but dated. Cleardun neighborhood. Just minutes to downtown Dunedin or Downtown Clearwater. Pinellas Bike Trail is nearby for exercising. Easy ...
Monday, April 17, 2023 / by Brenda Bianchi
Think Twice Before Waiting for Lower Home Prices
As the housing market continues to change, you may be wondering where it’ll go from here. One factor you’re probably thinking about is home prices, which have come down a bit since they peaked last June. And you’ve likely heard something in the news or on social media about a price crash on the horizon. As a result, you may be holding off on buying a home until prices drop significantly. But that’s not the best strategy.
A recent survey from Zonda shows 53% of millennials are still renting right now because they’re waiting for home prices to come down. But here’s the thing: the most recent data shows that home prices appear to have bottomed out and are now on the rise again. Selma Hepp, Chief Economist at CoreLogic, reports:
“U.S. home prices rose by 0.8% in February . . . indicating that prices in most markets have already bottomed out.”
And the latest data from Black Knight shows . ...
Monday, April 10, 2023 / by Brenda Bianchi
Homebuyer Activity Shows Signs of Warming Up for Spring
The spring season appears to be warming up in housing as more and more buyers enter the market. And after rising mortgage rates sidelined so many buyers last year, that’s a good sign for sellers. Realtor.com has the latest:
“Spring is officially here, and like green shoots emerging from the bleak winter, new data suggests that more buyers are back in the market, although more subdued compared to a year ago.”
We know buyer activity is trending up because of mortgage purchase application data. According to Investopedia:
“A mortgage application is a document submitted to a lender when you apply for a mortgage to purchase real estate.”
That means the number of mortgage applications shows how many buyers are applying for mortgages. Put another way, an increase in mortgage applications means an increase in buyer demand – and as Joel Kan, VP and Deputy Chief Economist at the Mortgage Bankers . ...
Monday, March 27, 2023 / by Brenda Bianchi
Get Ready: The Best Time To List Your House Is Almost Here
If you’re thinking about selling this spring, it’s time to get moving – the best week to list your house is fast approaching.
Experts at realtor.com looked at seasonal trends from recent years (excluding 2020 as an uncharacteristic year due to the onset of the pandemic) and determined the ideal week to list a house this year:
“Home sellers on the fence waiting for that perfect moment to sell should start preparations, because the best time to list a home in 2023 is approaching quickly. The week of April 16-22 is expected to have the ideal balance of housing market conditions that favor home sellers, more so than any other week in the year.”
If you’ve been waiting for the best time to sell, this is your chance. But remember, before you put your house on the market, you’ve got to get it ready. And if you haven’t started that process yet, you’ll need to move quickl. ...
Monday, March 13, 2023 / by Marvin Dave Gavin
Leverage Your Equity When You Sell Your House
One of the benefits of being a homeowner is that you build equity over time. By selling your house, that equity can be used toward purchasing your next home. But before you can put it to use, you should understand exactly what equity is and how it grows. Bankrate explains it like this:
“Home equity is the portion of your home you’ve paid off – in other words, your stake in the property as opposed to the lender’s. In practical terms, home equity is the appraised value of your home minus any outstanding mortgage and loan balances.”
Majority of Americans Have a Large Amount of Equity
If you’ve owned your home for a while, you’ve likely built up some equity – and you may not even realize how much. Based on data from the U.S. Census Bureau and ATTOM, the majority of Americans have a substantial amount of equity right now (see graph below): ...