7 Warning Signs You’re Not Ready to Buy a House

Posted by Florida Realty Marketplace on July 24th, 2017

7 warning signs you’re not ready to buy a house

Look before you leap — into homeownership. By Laura Agadoni - Trulia  

Owning a home can be a smart financial move, but is it right for you, right now?

It’s happening all across America right now: hordes of renters, innocently perusing their social media accounts, are noticing a theme. It’s not that everyone is getting married or obsessing over spiralized vegetables — they’re posting pictures of newly purchased homes.

But like your mother always said, just because everyone is doing it doesn’t mean you should — or should you? There are certainly pros and cons of becoming a homeowner, and stumbling across just one dreamy listing of a home for sale…

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

Posted by Florida Realty Marketplace on July 21st, 2017

Slugging it out in a seller’s market: how to compete

 

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…

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

Posted by Florida Realty Marketplace on July 10th, 2017

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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Financial Planning: 4 Reasons to Buy a House Today

Posted by Florida Realty Marketplace on May 8th, 2017

Financial Planning: 4 Reasons to Buy a House Today

Homeownership will always be a part of the American Dream. There are advantages to owning your own home (educational, health, social) that far transcend any economic impact. However, we want to look at several of the financial advantages of homeownership in today’s post.

1. Buying is Cheaper Than Renting

The results of the latest Rent vs. Buy Report from Trulia show that homeownership remains cheaper than renting with a traditional 30-year fixed rate mortgage in the 100 largest metro areas in the United States. The report reveals that:

“Interest rates have remained low, and even though home prices have appreciated around the country, they haven’t greatly outpaced rental…

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First-Time Home Buyers Guide: Buying With Student Loans And Debt

Posted by Florida Realty Marketplace on April 10th, 2017

First-Time Home Buyers Guide: Buying With Student Loans And Debt

Buying Your First Home: Dealing With Student Loans

It's different to be a first-time home buyer as compared to an experienced one.

First-time home buyers often skew younger then the general home-buying population which means less work experience, lower income levels, and usually, less money saved for down payment.

It also can mean higher levels of federal student loans and debt.

Concerns about student loan obligations are among the reasons why first-time home buyers account for a smaller percentage of the housing market as compared to recent years.

According to a study by American Student Assistance, 55% of student loan holders said their debt is causing them to put off…

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