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Category: For Buyers

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The Truth About Where Home Prices Are Heading

Written by Key Largo Mortgage Syndicated User on . Posted in For Buyers, For Sellers, Forecasts, Home Prices, Key Largo Mortgage, Key Largo Mortgage Rates.

There are plenty of headlines these days calling for a housing market crash. But the truth is, they’re not telling the full story. Here’s what’s actually happening, and what the experts project for home prices over the next 5 years. And spoiler alert – it’s not a crash. Yes, in some local markets, prices are flattening or even dipping slightly this year as more homes hit the market. That’s normal with rising inventory. But the bigger picture is what really matters, and it’s far less dramatic than what the doom-and-gloom headlines suggest. Here’s why. Over 100 leading housing market experts...

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Selling and Buying at the Same Time? Here’s What You Need To Know

Written by Key Largo Mortgage Syndicated User on . Posted in Equity, For Buyers, For Sellers, Inventory, Key Largo Mortgage, Key Largo Mortgage Rates.

If you’re a homeowner planning to move, you’re probably wondering what the process is going to look like and what you should tackle first: Is it better to start by finding your next home? Or should you sell your current house before you go out looking? Ultimately, what’s right for you depends on a lot of factors. And that’s where an agent’s experience can really help make your next step clear. They know your local market, the latest trends, and what’s working for other homeowners right now. And they’ll be able to make a recommendation based on their expertise and your...

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Should You Buy a Vacation Home?

Written by Key Largo Mortgage Syndicated User on . Posted in For Buyers, Infographics, Key Largo Mortgage, Key Largo Mortgage Rates.

Some Highlights Now that summer’s here, you may be planning your next getaway. But what if you didn’t have to? ? Buying a vacation home means having a built-in escape you can use year after year. It gives you the chance to generate rental income and have a go-to retirement destination in the future. If you’re dreaming of owning your own slice of paradise, connect with an agent to see if you can make it happen this summer.?

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What You Should Know About Getting a Mortgage Today

Written by Key Largo Mortgage Syndicated User on . Posted in First-Time Buyers, For Buyers, Key Largo Mortgage, Key Largo Mortgage Rates.

If you’ve been putting off buying a home because you thought getting approved would be too hard, know this: qualifying for a mortgage is starting to get a bit more achievable, but lending standards are still strong. Lenders are making it slightly easier for well-qualified buyers to access financing, which is opening more doors for people ready to make a move. So, if strict requirements were holding you back, this shift could be the opportunity you’ve been waiting for, without repeating the risky lending practices that led to the housing crash back in 2008. Lenders Are Opening More Doors...

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Why Big Investors Aren’t a Challenge for Today’s Homebuyer

Written by Key Largo Mortgage Syndicated User on . Posted in First-Time Buyers, For Buyers, Key Largo Mortgage, Key Largo Mortgage Rates.

Remember the chatter in the headlines about all the homes big institutional investors were buying? If you were thinking about buying a home yourself, you may have wondered how you’d ever be able to compete with that. Here’s the thing. That’s not the challenge so many people think it is – especially right now. Let’s break down what’s really going on and why the recent shift in the approach investors are taking could tip the scales in your favor. Large Investors Are Pulling Back The truth is institutional investors never represented as big a share of the housing market as people think. And...

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Multi-Generational Homebuying Hit a Record High – Here’s Why

Written by Key Largo Mortgage Syndicated User on . Posted in Affordability, Buying Tips, First-Time Buyers, For Buyers, Key Largo Mortgage, Key Largo Mortgage Rates.

Multi-generational living is on the rise. According to the National Association of Realtors (NAR), 17% of homebuyers purchase a home to share with parents, adult children, or extended family. That’s the highest share ever recorded by NAR (see graph below): And what’s behind the increase? Affordability. NAR explains: “In 2024, a notable 36% of homebuyers cited “cost savings” as the primary reason for purchasing a multigenerational home—a significant increase from just 15% in 2015.” In the past, caregiving was the leading motivator – especially for those looking to support aging parents. And...

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Think It’s Better To Wait for a Recession Before You Move? Think Again.

Written by Key Largo Mortgage Syndicated User on . Posted in Economy, For Buyers, For Sellers, Key Largo Mortgage, Key Largo Mortgage Rates.

Fear of a recession is back in the headlines. And if you’re thinking about buying or selling sometime soon, that may leave you wondering if you should reconsider the timing of your move. A recent survey by John Burns Research and Consulting (JBREC) and Keeping Current Matters (KCM) shows 68% of people are delaying plans to buy or sell due to economic uncertainty. But it may not be for the reason you think. Not everyone is holding off because they’re worried. Some buyers are waiting because they’re hopeful. According to Realtor.com: “In 2025Q1, 3 in 10 (29.8% of) surveyed homebuyers said a...

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Why Homeownership Is Going To Be Worth It

Written by Key Largo Mortgage Syndicated User on . Posted in First-Time Buyers, For Buyers, Key Largo Mortgage, Key Largo Mortgage Rates, Rent vs. Buy.

Life can feel a bit unpredictable these days. What’s happening with inflation? The economy? The housing market? But in the middle of all that uncertainty, there’s one thing a lot of people still crave – a place to call their own. Because when everything else feels up in the air, home can be the thing that grounds you. As the experts at 1000WATT put it: “Homeownership isn’t primarily financial anymore. . . Across all demographics, emotional and lifestyle factors consistently outrank wealth-building as motivators.” Here’s what owning a home can mean for you, especially right now. Freedom To...

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3 Reasons To Buy a Home This Summer

Written by Key Largo Mortgage Syndicated User on . Posted in Buying Tips, For Buyers, Home Prices, Inventory, Key Largo Mortgage, Key Largo Mortgage Rates.

Are you thinking about buying a home, but not sure if now’s the right time? A lot of people are waiting and wondering what the market’s going to do next. But here’s something only the savviest buyers realize: This summer might actually be the best time to buy in years. Here are three big reasons why. 1. You Have More Negotiating Power After several years of sellers having all the leverage, things are starting to shift. Check out the graph below. It uses data from Redfin to show that right now, there are more sellers active in the market than buyers: Take a look at what happened back in...

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Is Inventory Getting Back To Normal?

Written by Key Largo Mortgage Syndicated User on . Posted in For Buyers, For Sellers, Inventory, Key Largo Mortgage, Key Largo Mortgage Rates.

After years of it feeling almost impossible to find a home you want to buy, things are changing for the better. Nationally, inventory is growing, and that gives you more options for your move. But here’s what you need to know. That level of growth is going to vary based on where you live. And that’s why you need an agent’s local market expertise. Here’s a quick rundown of the current inventory situation, so you know what’s happening and what to expect. Significant Growth Across the Nation Nationally, the number of homes for sale is rising – and that’s true in all regions of the country....

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