Marilyn Hodges, Keller Williams Elite Realty

07/18/2024

A new WalletHub survey found Florida cities took six of the top 10 spots as the best for first-time homebuyers across metrics like crime rates and real estate taxes.

06/28/2024

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

“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. While inventory is up compared to the last couple of years, it’s still low overall. And because there still aren’t enough homes to go around, that’ll keep upward pressure on prices.

If you’re thinking of buying, the good news is you won’t have to deal with prices skyrocketing like they did during the pandemic. Just remember, prices aren’t expected to drop. They’ll continue climbing, just at a slower pace.

So, getting into the market sooner rather than later could still save you money in the long run. Plus, you can feel confident experts say your home will grow in value after you buy it.

Mortgage Rates Are Forecast To Come Down Slightly

One of the best pieces of news for both buyers and sellers is that mortgage rates are expected to come down a bit, according to Fannie Mae, the Mortgage Bankers Association (MBA), and NAR.

When you buy, even a small drop in mortgage rates can make a big difference in your monthly payments. For sellers, lower rates will bring more buyers back into the market, which can help you sell faster and potentially at a higher price. Plus, it may help you get off the fence, if you’ve been hesitant to sell due to today’s rates.”

Source | Keeping Current Matters

06/28/2024

Very good information...

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

“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. While inventory is up compared to the last couple of years, it’s still low overall. And because there still aren’t enough homes to go around, that’ll keep upward pressure on prices.

If you’re thinking of buying, the good news is you won’t have to deal with prices skyrocketing like they did during the pandemic. Just remember, prices aren’t expected to drop. They’ll continue climbing, just at a slower pace.

So, getting into the market sooner rather than later could still save you money in the long run. Plus, you can feel confident experts say your home will grow in value after you buy it.

Mortgage Rates Are Forecast To Come Down Slightly

One of the best pieces of news for both buyers and sellers is that mortgage rates are expected to come down a bit, according to Fannie Mae, the Mortgage Bankers Association (MBA), and NAR.

When you buy, even a small drop in mortgage rates can make a big difference in your monthly payments. For sellers, lower rates will bring more buyers back into the market, which can help you sell faster and potentially at a higher price. Plus, it may help you get off the fence, if you’ve been hesitant to sell due to today’s rates.”

Source | Keeping Current Matters

06/27/2024

Wow that’s a huge difference! 2020-2024

Over the past four years, escalating home values and mortgage rates have nearly doubled the monthly mortgage payment on a typical U.S. home.

04/04/2024

Housing update for Southwest Florida…

February’s price decreases demonstrate that REALTORS® are counseling sellers about realistic market pricing

04/02/2024

Wow... #1

03/20/2024

Need a home inspection? Here's what to expect...

Home inspections can protect both buyers and sellers by providing insights into potential problems and areas of concern.

03/12/2024

What size home do you need?

While housing size is a personal preference, buyers should consider current and future needs when shopping. However, it often just comes down to affordability.

03/09/2024

📍 New Listing 📍 Take a look at this fantastic new property that just hit the market located at 28507 San Amaro Dr in Bonita Springs. Reach out here or at (239) 218-5963 for more information

Stunning Long Lake View! This home exudes the Florida lifestyle, with the pool's blue tile detail and this view you feel like you are on vacation from the moment you open the front door. You'll see the diagonal floor tile detail and the stunning view beyond. This home is a well built Toll Brother...

03/03/2024

📍 Reduced Price 📍 This recently reduced home at 9973 Alhambra Ln in Bonita Springs won't last long, so, don't wait to set up a showing! Reach out here or at (239) 218-5963 for more information!

FABULOUS LAKE VIEWS! From this upgraded home's large expanded covered lanai you will see both Cordova fountains & amazing sunsets framed by lush tropical landscaping. Enter this Toll Brother's well built Sereno model home through double glass front doors with diagonal floor tile, large windows th...