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Category: Forecasts

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Why Buying Now Is Worth It

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

Some Highlights You may be torn between buying a home now or waiting. But don’t forget to factor in the equity you’ll gain as prices rise. Experts forecast prices will climb over the next 5 years – and based on those forecasts, you could gain about $90k in equity in that time. So, you could wait, but you’ll miss out on a lot of equity if you do. If you’re ready and able to buy, let’s connect so you can start growing your wealth now.

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2025 Housing Market Forecasts: What To Expect

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

Looking ahead to 2025, it’s important to know what experts are projecting for the housing market. And whether you’re thinking of buying or selling a home next year, having a clear picture of what they’re calling for can help you make the best possible decision for your homeownership plans. Here’s an early look at the most recent projections on mortgage rates, home sales, and prices for 2025. Mortgage Rates Are Projected To Come Down Slightly Mortgage rates play a significant role in the housing market. The forecasts for 2025 from Fannie Mae, the Mortgage Bankers Association...

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Why a Foreclosure Wave Isn’t on the Horizon

Written by Key Largo Mortgage Syndicated User on . Posted in Forecasts, Foreclosures, Key Largo Mortgage, Key Largo Mortgage Rates.

Even though data shows inflation is cooling, a lot of people are still feeling the pinch on their wallets. And those high costs on everything from gas to groceries are fueling unnecessary concerns that more people are going to have trouble making their mortgage payments. But, does that mean there’s a big wave of foreclosures coming? Here’s a look at why the data and the experts say that’s not going to happen. There Aren’t Many Homeowners Who Are Seriously Behind on Their Mortgages One of the main reasons there were so many foreclosures during the last housing crash was because...

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Housing Market Forecast for the 2nd Half of 2024 [INFOGRAPHIC]

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

Some Highlights Wondering what the second half of the year holds for the housing market? Here’s what expert forecasts say. Home prices are expected to climb moderately. Mortgage rates are forecast to come down slightly. And, home sales are projected to hold steady. If you have questions about what to expect for the rest of the year, connect with a local agent to have a conversation about what it means for you and your plans.

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Housing Market Forecast: What’s Ahead for the 2nd Half of 2024

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

As we move into the second half of 2024, here’s what experts say you should expect for home prices, mortgage rates, and home sales. Home Prices Are Expected To Climb Moderately Home prices are forecasted to rise at a more normal pace. The graph below shows the latest forecasts from seven of the most trusted sources in the industry: The reason for continued appreciation? The supply of homes for sale. Jessica Lautz, Deputy Chief Economist at the National Association of Realtors (NAR), explains: “One thing that seems to be pretty solid is that home prices are going to continue to go up, and...

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Myths About the 2024 Housing Market [INFOGRAPHIC]

Written by Key Largo Mortgage Syndicated User on . Posted in Buying Tips, Forecasts, Infographics, Key Largo Mortgage, Key Largo Mortgage Rates, Selling Tips.

Some Highlights When it comes to the current housing market, there are some myths circling around right now. Some of the more common ones are that it’s better to wait for mortgage rates to fall or prices to crash. But there are others about the supply of homes for sale and down payments.  Lean on a real estate professional to help separate fact from fiction in today’s housing market.

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