Slugging It Out In A Seller’s Market: How To Compete

Home Prices And Demand Are Through The Roof

It’s no secret: home prices are up, housing demand is high, and stock is low - a classic seller's market. That makes it a tough climate for many buyers searching for a home they can afford.

But finding your perfect property, securing the right financing, and outdoing rival buyers is more than possible. It’s downright likely if you’re well prepared.

Buying A Home In A Seller's Market

By better understanding the market and trying proven strategies, you stand a better chance of landing that home at a price you can handle.

 Check out the homes for sale in Davenport FL

What The Research Found

New data from Redfin show that home prices and housing demand are at or near all-time highs. The…

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Is Real Estate America’s Favorite Form of Investment?

Real Estate is American’s favorite long-term investment, according to a recent poll by Bankrate. In its Financial Security Index, which was conducted by Princeton Survey Research Associates International, they asked 1,002 adults via telephone—for money that wouldn’t be touched for at least 10 years—what did they think was the best investment?

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Twenty-eight percent said real estate, while cash investments came in a close second at 23 percent. Bringing up the rear was the stock market, at 17 percent; gold, at 15 percent; and bonds at 4 percent. Six percent of those polled answered “other.” Bankrate suggests that the reason real estate is the favorite is three-fold: rising home prices, perpetually low…

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More Bang, Less Buck: Home Improvements With Highest Payoff In 2017

Double Duty Home Improvements

Most people undertake home improvements for two reasons -- to make their property more valuable, to improve energy efficiency, and to make their houses more comfortable and functional.

The best renovations do more than one of these things. For instance, new windows can make look attractive, insulate against heat or cooling loss, and keep the sun from beating you senseless in your eat-in kitchen.

Click to Find out how much your Orlando Central Florida Home is Worth

Renovations Paying Off More In 2017

2017 has seen a jump in home improvement value for the amount spent. While costs increased by three percent in 2016, the value realized from improvements rose by 4.2 percent. That's great news for those who want…

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How Many Borrowers Can’t Afford Their Mortgage?

39 Million Americans Can't Afford Their Homes

And they're putting their long-term financial security at risk as a result.

How Many Borrowers Can’t Afford Their Mortgage in Central Florida?

If you're struggling to pay your mortgage or rent, you're not alone, according to a 2017 report by Harvard's Joint Center for Housing Studies. According to a recent report, more American's are considered "cost burdened" and find it difficult to pay their rent or mortgage.  You can read their full 2017 State of the Nation's Housing Report here.

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What Can Change Homeownership Rates?

The pursuit of higher education, among other national trends, is going to play a key role in homeownership rates in all areas including the Davenport FL area in the coming years, according to a new study from First American Financial Corporation. The study, dubbed “Six Trends Poised to Reshape Homeownership Demand,” looks at the unique factors that shape U.S. homeownership—and how those factors will influence housing demand in the years to come.

According to the study, education will factor into homeownership levels on several fronts. For one, it will increase income—and therefore homebuying power—for the more educated generations.

“The importance of education in relation to homeownership has almost doubled in less than 10 years,” the study…

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How To Win A Bidding War Without Overspending

Winning a bidding war requires tactful strategy. What's your next move?

It’s possible to win a bidding war without paying a cent more than you budgeted for in Davenport FL

How To Win A Bidding War With Multiple Offers On a House

1. Know what you can really afford

As far as emotional purchases go, buying a home ranks right up there with choosing a wedding dress — only the financial stakes are much higher. Unless you know ahead of time exactly how much house you can afford, you could easily be sucked into spending too much. Your lender or financial adviser can help you determine that number. Then it’s time to play ball.

“Submit your best and final offer early,” says Skyler…

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8 Reasons Your House Isn’t Selling

Home sale stalled? There could be a number of factors in play.

If your home sits idle in a seller’s market, it’s time to get to the root of the problem.

It’s a seller’s market in many cities across the U.S. If your home is in one of those cities, say Davenport, or Kissimmee FL,  and isn’t getting offers, something could be wrong. There could be many reasons your house isn’t selling, though. We’ve asked real estate professionals and agents from all over the country what those top reasons might be — and they’ve provided some sound advice on how to remedy each situation.

Possible reasons your home isn’t selling fast:

1. 1. You’re overconfident

   Being in a seller’s market might mean that your home will get snapped up for premium…

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Top 5 Hottest SFR Markets

The single-family rental home market is consistently growing across the nation, according to HouseCanary, Inc. Rental Investment Index second quarter update.  

Composed of nearly 20 million homes, the HCRI Index allows single-family rental home investors, lenders, and renters to keep track of the health of the single-family-for-lease market based on median Effective Gross Yields on national, state, and ZIP code levels.

Due to difficulties in benchmarking this market, the HCRI helps investors identify accurate information regarding this surprisingly growing rental market.

“The ability to know where to invest with this level of granularity has never been possible before, and it is going to revolutionize this market,” said Dave Garland, a…

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Catch It If You Can: Homes Moving Fast Where Inventory Is Tight

By Ralph McLaughlin | Trulia  

How Falling Inventory Has Led to Hurried Homebuying

U.S. home inventory tumbled 8.9% over the year in the second quarter of 2017, and has now fallen for nine consecutive quarters. Inventory in Davenport FL today is a full 20% less than it was five years ago. As a consequence, homes are being snapped up by homebuyers at the fastest clip since we started keeping track in 2012.

For example, 57% of homes in 2012 were still on the market after two months while today that number stands at 47%.

In this edition of Trulia’s Inventory and Price Watch, we examine how shrinking inventory affects how quickly homes come off the market. We find that, on…

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5 Mistakes Buyers Make In A Hot Housing Market - Davenport FL

The home-buying process moves quickly in a seller's market. Be sure to keep positive as you search for your dream home.

Buying in a hot house market is sometimes inevitable, but you can save money by avoiding these mistakes.

It’s the never-ending saga of homebuyers everywhere: just when you start looking for homes for sale in Davenport FL, or Kissimmee FL, prices seem to be booming and you’re stuck trying to buy in a seller’s market. House-hunting is hard to time perfectly, and sometimes it’s impossible to avoid buying in a hot market.

But don’t let the fear of tough competition send you into a panic. Avoid falling into one of these traps when shopping in a hot real estate market, and you’ll likely save yourself some money (and a few gray…

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