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Category: Key West Florida News

Monroe County is the southernmost county in Florida. It stretches more than 100 miles from Key Largo to Key West and is surrounded by the Atlantic Ocean to the east and the Gulf of Mexico to the west. Its key population centers include Key Largo, Islamorada, Tavernier, Marathon, Big Pine Key and Key West.

The Florida Keys are renowned for being among the most pre-eminent fishing and diving destinations in the world. Recreation options include fishing, diving, kayaking, camping, bicycling and assorted other water and outdoor sports.

Real Estate Consistently Voted Best Investment [INFOGRAPHIC]

Written by Key West Mortgage Syndicated User on . Posted in First Time Home Buyers, For Buyers, Housing Market Updates, Infographics, Key West Florida News, Key West News, Move-Up Buyers.

Some Highlights Based on a recent Gallup poll, real estate has been rated the best long-term investment for nine years in a row. Owning real estate is more than just a place to call home. It’s also an investment in your future. That’s because it’s typically a stable and secure asset that can grow in value over time. If you’re ready to buy a home and invest in your future, let’s connect. Content previously posted on Keeping Current Matters

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If You’re Selling Your House This Summer, Hiring a Pro Is Critical

Written by Key West Mortgage Syndicated User on . Posted in For Sellers, FSBOs, Key West Florida News, Key West News.

It can be tempting, especially with how hot the housing market has been over the past two years, to consider selling your home on your own. But today’s market is at a turning point, making it more essential than ever to work with a real estate professional. Not only will a trusted real estate advisor keep you updated and help you make the best decisions based on current market trends, but they’re also experts in managing the many aspects of selling your house. Here are five key reasons why working with a real estate professional makes sense today. 1. A Professional Follows the Latest Market...

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The Average Homeowner Gained $64K in Equity over the Past Year

Written by Key West Mortgage Syndicated User on . Posted in For Sellers, Housing Market Updates, Key West Florida News, Key West News, Move-Up Buyers, Pricing.

If you own a home, your net worth likely just got a big boost thanks to rising home equity. Equity is the current value of your home minus what you owe on the loan. And today, based on recent home price appreciation, you’re building that equity far faster than you may expect – here’s how it works. Because there’s an ongoing imbalance between the number of homes available for sale and the number of buyers looking to make a purchase, home prices are on the rise. That means your home is worth more in today’s market because it’s in high demand. As Patrick Dodd, President and CEO of CoreLogic, explains: “Price...

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Things To Avoid After Applying for a Home Loan

Written by Key West Mortgage Syndicated User on . Posted in First Time Home Buyers, For Buyers, Key West Florida News, Key West News, Move-Up Buyers.

Once you’ve applied for a mortgage to buy a home, there are some key things to keep in mind. While it’s exciting to start thinking about moving in and decorating, be careful when it comes to making any big purchases. Here are a few things you may not realize you need to avoid after applying for your home loan. Don’t Deposit Large Sums of Cash Lenders need to source your money, and cash isn’t easily traceable. Before you deposit any amount of cash into your accounts, discuss the proper way to document your transactions with your loan officer. Don’t Make Any Large Purchases It’s not just home-related...

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Homeownership Is a Great Hedge Against the Impact of Rising Inflation

Written by Key West Mortgage Syndicated User on . Posted in First Time Home Buyers, For Buyers, Key West Florida News, Key West News, Pricing.

If you’re following along with the news today, you’ve heard about rising inflation. Today, inflation is at a 40-year high. According to the National Association of Home Builders (NAHB): “Consumer prices accelerated again in May as shelter, energy and food prices continued to surge at the fastest pace in decades. This marked the third straight month for inflation above an 8% rate and was the largest year-over-year gain since December 1981.” With inflation rising, you’re likely feeling it impact your day-to-day life as prices go up for gas, groceries, and more. These climbing consumer costs...

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Why an Agent Is Essential When Pricing Your House [INFOGRAPHIC]

Written by Key West Mortgage Syndicated User on . Posted in For Sellers, FSBOs, Infographics, Key West Florida News, Key West News, Pricing, Selling Myths.

Some Highlights When it comes to pricing your house, there’s a lot to consider. The only way to ensure you price it right is by partnering with a local real estate professional. To find the best price, your agent balances current market demand, the values of homes in your neighborhood, where prices are headed, and your home’s condition. Don’t pick just any price for your house. If you’re ready to sell, let’s connect to find the perfect price for your house. Content previously posted on Keeping Current Matters

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Two Reasons Why Today’s Housing Market Isn’t a Bubble

Written by Key West Mortgage Syndicated User on . Posted in For Buyers, For Sellers, Housing Market Updates, Key West Florida News, Key West News, Pricing.

You may be reading headlines and hearing talk about a potential housing bubble or a crash, but it’s important to understand that the data and expert opinions tell a different story. A recent survey from Pulsenomics asked over one hundred housing market experts and real estate economists if they believe the housing market is in a bubble. The results indicate most experts don’t think that’s the case (see graph below): As the graph shows, a strong majority (60%) said the real estate market is not currently in a bubble. In the same survey, experts give the following reasons why this isn’t like...

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