homesforsale: Rising Home Prices Mean Great News for Homeowners - 07/25/17 10:42 PM

Rising Home Prices Mean Great News for HomeownersRecently there has been a lot of talk about home prices and if they are accelerating too quickly. As we mentioned before, in some areas of the country, seller supply (homes for sale) cannot keep up with the number of buyers who are out looking for homes, which has caused prices to rise.
The great news about rising prices, however, is that according to CoreLogic’s Homeowner Equity Report, the average American household gained over $14,000 in equity over the course of the last year, largely due to home value increases.
The map below was created using the same report … (1 comments)

homesforsale: U.S. Housing Inventory Hits a New Low… List Your House TODAY! - 07/25/17 04:05 AM

U.S. Housing Inventory Hits a New Low… List Your House TODAY!Every summer, families across the country decide if this will be the year they sell their current house and move into their dream home.
Mortgage rates have hovered around 4% for all of 2017, forcing buyers off the fence and into the market, resulting in incredibly strong demand RIGHT NOW!! At the same time, inventory levels of homes for sale have dropped dramatically as compared to this time last year.
Trulia reported that “U.S. home inventory has tumbled 8.9% over the past year and has now fallen for nine consecutive quarters.” There is … (0 comments)

homesforsale: Mortgage Market Guide: Retail Sales Weak. Inflation Tame. - 07/18/17 11:03 PM
 
 
 
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Questions, Comments or For more information you can contact Christian Penner at: (561) 316-6800 or Office Text Line: 561-530-2223 - visit us online at www.ChristianPenner.com
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#ChristianPenner, #MortgageBrokerWestPalmBeach talks about #RealEstateWestPalmBeach. He also serves other Local Areas and provides home #MortgageSolutionsforPalmBeachGardens, #Jupiter, #BocaRaton, #Wellington and #Tequesta. #ChristianPennerMortgageBrokerJupiter has the #lowestmortgagerates and the best #homemortgage programs like; #Jumboloans, #FHAHomeLoans, #VAHomeLoans, #ReverseMortgageHomeLoans, #FreddieMacHomeLoans, #FannieMaeHomeLoans and #HARPMortgageLoans. #ChristianPennerMortgageBrokerPalmBeachGardens has Served the area for over 15 years with his #HomeLoanLending … (0 comments)

homesforsale: Thinking of Selling? You Should Act NOW! - 07/18/17 05:43 PM

Thinking of Selling? You Should Act NOW!If you thought about selling your house this year, now more than ever may be the time to do it! The inventory of homes for sale is well below historic norms and buyer demand is skyrocketing. We were still in high school when we learned the concept of supply and demand: the best time to sell something is when supply of that item is low and demand for that item is high. That defines today’s real estate market.
Lawrence Yun, Chief Economist at the National Association of Realtors, recently commented:
“Buyer interest is solid, but there is just not enough … (0 comments)

homesforsale: Existing Home Sales Surge into Summer - 06/30/17 04:06 PM

Existing Home Sales Surge into SummerSome Highlights: Existing Home Sales reached their third highest mark this year in May. Inventory of homes for sale has dropped 8.4% since last year, marking the 24th consecutive month of year-over-year declines. NAR’s Chief Economist, Lawrence Yun had this to say: “Those able to close on a home last month are probably feeling both happy and relieved. Listings in the affordable price range are scarce, homes are coming off the market at an extremely fast pace and the prevalence of multiple offers in some markets are pushing prices higher.”  
 
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homesforsale: 3 “C’s” Turn Bad Weather into Boon for West Palm Beach Homes for Sale - 05/01/15 09:13 AM

3 “C’s” Turn Bad Weather into Boon for West Palm Beach Homes for SaleYou’ve decided that right now is the perfect time to put up your West Palm Beach home for sale; you’re charged with energy and determination; you’re ready to get going—and then…suddenly, the spring weather turns foul. It’s an all-too-common frustration, from mud season sieges in Northeastern Maine to kite-busting windstorms in the far Southwest, the kind of perfection “spring days” brings to mind isn’t always there when you want it to be.
Some days (even some weeks) are like that—often, when you’re trying to ready your Palm Beach County … (2 comments)

 
Christian  Penner, Your Mortgage Lender - 561-316-6800 | 561-373-0987 (The Christian Penner Mortgage Team)

Christian Penner

Your Mortgage Lender - 561-316-6800 | 561-373-0987

West Palm Beach, FL

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The Christian Penner Mortgage Team

Address: 712 US Highway One , Suite 300, North Palm Beach, FL, 33408

Mobile: (561) 373-0987

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