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Tag: #davenportflmortgagecompany

Who Has the Upper Hand in Today’s Housing Market?

Written by Davenport FL Mortgage Syndicated User on . Posted in Buying Tips, Davenport FL Condo Financing, Davenport FL Mortgage, Davenport FL Mortgage Rates, For Buyers, For Sellers, Selling Tips.

Ask around and almost every homebuyer out there wants to know if there’s a way to get a better deal. And just about every seller wants to know if they’ll still get top dollar.The interesting thing is… both can be right at the exact same time. It just depends on where you live.That’s because today’s housing market isn’t moving in one direction anymore. Some markets clearly favor buyers. Others still favor sellers. But most are sitting somewhere in the middle.And knowing which market you’re actually in can completely change the strategy you use to buy or...

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Here’s Why Mortgage Rates Are What They Are Right Now

Written by Davenport FL Mortgage Syndicated User on . Posted in Affordability, Davenport FL Condo Financing, Davenport FL Mortgage, Davenport FL Mortgage Rates, Economy, For Buyers, For Sellers, Mortgage Rates.

If you’re waiting for mortgage rates to fall a lot before you buy, you may be waiting a while. But before you get discouraged, there’s a number working behind the scenes that’s actually good for you right now. It’s called the spread, and once you understand it, you may see today’s rates in a whole new light.The Pattern That’s Held for 50+ YearsFor starters, mortgage rates don’t move on their own. They tend to follow the 10-year treasury yield, a number tied to how investors feel about the economy.It’s not an exact science, since plenty of other factors can move...

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More Homes, Better Prices: A Buyer’s Summer

Written by Davenport FL Mortgage Syndicated User on . Posted in Buying Tips, Davenport FL Condo Financing, Davenport FL Mortgage, Davenport FL Mortgage Rates, First-Time Buyers, For Buyers, Home Prices, Inventory.

If you’ve thought about buying a home in the past few years, you may have run into two frustrations: asking prices that kept climbing and too few homes to choose from.In many places, both sticking points are letting up this summer, with lower asking prices and more homes for sale. Let’s look at the trends, and what they mean for your search.Sellers Are Pricing To Attract BuyersAccording to Realtor.com, the national median asking price was $430,000 in June, nearly $11,000 under what it was the year before (see graph below):That’s the eighth month in a row that the typical asking price has...

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14 Years Running: Why Real Estate Is Still America’s Favorite Investment

Written by Davenport FL Mortgage Syndicated User on . Posted in Davenport FL Condo Financing, Davenport FL Mortgage, Davenport FL Mortgage Rates, First-Time Buyers, For Buyers, Rent vs. Buy.

Quick gut reaction. Which investment do Americans trust more than stocks, gold, savings accounts, and bonds? The answer hasn’t changed in 14 years. It’s real estate. And this year, that answer comes with even more conviction behind it. New data shows people aren’t just saying homeownership is a smart move, they’re feeling better about it than they have in years. Let’s dig into why.Real Estate Takes the Top Spot – AgainEvery year, Gallup asks Americans to name the best long-term investment. And for the 14th year in a row, real estate came out on top (see graph...

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Think Nobody’s Buying Homes Right Now? Think Again.

Written by Davenport FL Mortgage Syndicated User on . Posted in Davenport FL Condo Financing, Davenport FL Mortgage, Davenport FL Mortgage Rates, For Sellers, Selling Tips.

If you’ve been thinking about selling, you’ve probably seen plenty of headlines suggesting buyers have just about disappeared. But there’s a big difference between a slow market and a stalled one.Yes, mortgage rates are still higher than most people would like. Homes aren’t selling as fast as they were. And every week seems to bring another headline about buyers sitting on the sidelines. But here’s what you haven’t heard.Despite everything going on, buyer demand has been remarkably resilient.In fact, more sellers are getting to put up the “pending sale” sign...

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Condotel Financing

Written by Davenport FL Mortgage Syndicated User on . Posted in Davenport FL Condo Financing, Davenport FL Mortgage, Davenport FL Mortgage Rates.

Start with our home purchase qualifier or get a rate quote with no personal info. ? A recent investor closed a waterfront condotel purchase! This fast process makes buying unique investment properties easier in the city. If you struggle to find lenders for non-traditional condos, you’ll see how this option helps smooth the way. Get your rate now to find out your options. ? Link in profile #FloridaRealEstate #InvestmentProperty #NonWarrantableCondo #CondotelFinancing

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