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Tag: #mortgagekeywest

Authors to Explore Black Literature at 40th Annual Key West Literary Seminar

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

An exploration of today’s Black literature and African-American literary history awaits audiences Thursday through Sunday, Jan. 12-15, during the 40th annual Key West Literary Seminar. Themed “Singing America: A Celebration of Black Literature,” the seminar brings together nearly two dozen dynamic contemporary authors, poets, journalists and scholars in an open-air subtropical setting.

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3 Trends That Are Good News for Today’s Homebuyers

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

While higher mortgage rates are creating affordability challenges for homebuyers this year, there is some good news for those people still looking to buy a home. As the market has cooled this year, some of the intensity buyers faced during the peak frenzy of the pandemic has cooled too. Here are just a few trends that may benefit you when you go to buy a home today. 1. More Homes To Choose from During the pandemic, housing supply hit a record low at the same time buyer demand skyrocketed. This combination made it difficult to find a home because there just weren’t enough to meet buyer...

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Taking the Fear out of Saving for a Home

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

If you’re planning to buy a home, knowing what to budget for and how to save may sound scary at first. But it doesn’t have to be. One way to take the fear out of budgeting is understanding some of the costs you might encounter.  And to do that, turn to trusted real estate professionals. They can help you plan your finances and prepare your budget. Here are just a few costs experts say you can expect. 1. Down Payment Saving for your down payment is likely top of mind as you set out to buy a home. But do you know how much you’ll need to save? While each situation is different, there’s a...

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Millennials Are Still a Driving Force of Today’s Buyer Demand

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

If you’re thinking about selling your house but wondering if buyers are still out there, know that there are still people who are searching for a home to buy today. And your house may be exactly what they’re looking for. While the millennial generation has been dubbed the renter generation, that namesake may not be appropriate anymore. Millennials, the largest generation, are actually a significant driving force for buyer demand in the housing market today. Here’s why. Millennial Homebuying Power While there’s no denying higher mortgage rates are making it more challenging to afford a home...

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Applying for a Mortgage Doesn’t Have To Be Scary [INFOGRAPHIC]

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

Some Highlights Even with higher mortgage rates, the mortgage process doesn’t need to be something you fear. Here are some steps to help as you set out to buy a home. Know your credit score and work to build strong credit. When you’re ready, lean on the pros and connect with a lender so you can get pre-approved and begin your home search. Any major life change can be scary, and buying a home is no different. Let’s connect so you have an advisor by your side to take fear out of the equation. Content previously posted on Keeping Current Matters

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What Happens to Housing when There’s a Recession?

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

Since the 2008 housing bubble burst, the word recession strikes a stronger emotional chord than it ever did before. And while there’s some debate around whether we’re officially in a recession right now, the good news is experts say a recession today would likely be mild and the economy would rebound quickly. As the 2022 CEO Outlook from KPMG says: “Global CEOs see a ‘mild and short’ recession, yet optimistic about global economy over 3-year horizon . . .  More than 8 out of 10 anticipate a recession over the next 12 months, with more than half expecting it to be mild and short.” To add...

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