Home Price Forecasts Revised for 2023 [INFOGRAPHIC]

Written by Ponte Vedra Beach Mortgage Syndicated User on September 9, 2023. Posted in Infographics, Pricing.

Some HighlightsLast year, some housing experts projected a decline in home prices by the end of 2023. But that didn’t happen – inventory was just too low.While it’s normal for experts to re-forecast throughout the year, the good news for 2023 is that prices are no longer projected to decrease.Connect with your trusted real estate agent to find out what’s happening with home values in your local...

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Homeowners Have a Lot of Equity Right Now [INFOGRAPHIC]

Written by Ponte Vedra Beach Mortgage Syndicated User on September 2, 2023. Posted in For Sellers, Housing Market Updates, Infographics.

Some HighlightsYour equity grows as you pay down your home loan and as home prices increase. With home prices rising again, your equity is getting an extra boost.Almost half of homeowners are equity rich because they have at least 50% equity in their homes. If you’ve been in your home for a while, you might have gained a considerable amount of equity, too.Want to find out how much equity you have? Connect with a trusted real estate agent for a Professional Equity Assessment Report (PEAR).

Today’s Housing Market Has Only Half the Usual Inventory [INFOGRAPHIC]

Written by Ponte Vedra Beach Mortgage Syndicated User on August 26, 2023. Posted in For Sellers, Housing Market Updates, Infographics, Selling Myths.

Some HighlightsThere are only about half the number of homes for sale compared to the last normal years in the market. That means buyers don’t have enough options right now. So, if you work with an agent to list your house, it should be in the spotlight. If you’re thinking of selling, get in touch with a local real estate agent so your house can stand out while there’s such a shortage of supply and buyers are craving more options.

Don’t Expect a Wave of Foreclosures [INFOGRAPHIC]

Written by Ponte Vedra Beach Mortgage Syndicated User on August 26, 2023. Posted in Foreclosures, Infographics, Interest Rates.

Some HighlightsWith ongoing high inflation pushing up everyday costs, some people are worried that’ll create a flood of foreclosures. Here’s why that’s unlikely. Fewer people are seriously behind on mortgage payments right now. If foreclosures were going to rise a lot, more people would need to be late on their payments.Since most are paying on time, a wave isn’t coming. If you’re concerned about a flood of foreclosures, the data shows that’s not likely.

Category: Infographics

Home Price Forecasts Revised for 2023 [INFOGRAPHIC]

Homeowners Have a Lot of Equity Right Now [INFOGRAPHIC]

Today’s Housing Market Has Only Half the Usual Inventory [INFOGRAPHIC]

Don’t Expect a Wave of Foreclosures [INFOGRAPHIC]