weston fl dalia kibby realtor: HOMEOWNERS TODAY HAVE OPTIONS TO AVOID FORECLOSURE
- 03/19/24 11:30 AM
Even with the latest data coming in, the experts agree there’s no chance of a large-scale foreclosure crisis like the one we saw back in 2008. While headlines may be calling attention to a slight uptick in foreclosure filings recently, the bigger picture is that we’re still well below the number we’d see in a more normal year for the housing market. As a report from BlackKnight explains: “The prospect of any kind of near-term surge in foreclosure activity remains low, with start volumes still nearly 40% below pre-pandemic levels.”That’s good news. It means the number of homeowners at risk is very low compared to the norm. But, there’s … (1 comments)
weston fl dalia kibby realtor: REMOTE WORK IS CHANGING HOW BUYERS SEARCH FOR A HOME
- 09/25/23 01:49 PM
The way Americans work has changed in recent years, and remote work is at the forefront of this shift. Experts say it’ll continue to be popular for years to come and project that 36.2 million Americans will be working remotely by 2025. To give you some perspective, that's a 417% increase compared to the pre-pandemic years when there were just 7 million remote workers. If you’re in the market to buy a home and you work remotely either full or part-time, this trend is a game-changer. It can help you overcome some of today’s affordability and housing inventory challenges. How Remote Work Helps with AffordabilityRemote or hybrid work allows you to change how … (2 comments)
weston fl dalia kibby realtor: WORK WITH A TRUSTED REAL ESTATE PROFESSIONAL
- 05/23/22 07:59 AM
Because buying or selling a home is such a big decision in our lives, the need for clear, trustworthy information and guidance is crucial. And while no one can give you perfect advice, when you align yourself with an expert, you’ll get the best advice for your situation. An Expert Will Give You the Best Advice Possible Let’s say you need an attorney, so you seek out an expert in the type of law required for your case. When you go to their office, they won’t immediately tell you how the case is going to end or how the judge or jury will rule. What a … (1 comments)
weston fl dalia kibby realtor: BE PREPARED FOR CLOSING COSTS WHEN HOME BUYING
- 03/15/22 09:02 AM
As a homebuyer, it’s important to plan and budget for the expenses you’ll encounter when you purchase a home. While most people understand the need to save for a down payment, a recent survey found 41% of homebuyers were surprised by their closing costs. Here’s some information to help you get started so you’re not caught off guard when it’s time to close on your home. What Are Closing Costs? One possible reason some people are surprised by closing costs may be because they don’t know what they are or what they cover. According to U.S. News and World Report: “Closing costs encompass a … (4 comments)
weston fl dalia kibby realtor: IS IT TIME TO MOVE TO A NEW HOME?
- 09/20/21 10:59 AM
If you’ve been in your home for longer than five years, you’re not alone. According to recent data from First American, homeowners are staying put much longer than historical averages (see graph below):As the graph shows, before 2008, homeowners sold their houses after an average of just five years. Today, that number has more than doubled to over 10 years. The housing industry refers to this as your tenure. To really explore tenure, it’s important to understand what drives people to make a move. An article from The Balance explores some of the primary reasons individuals choose to sell their houses. It says: “People who move for home-related reasons … (1 comments)
weston fl dalia kibby realtor: LOKING FOR A PLACE TO CALL HOME? CONSIDER A CONDOMINIUM
- 08/10/21 04:29 PM
It’s no secret that one of the top stories in today’s real estate market is low housing supply and high buyer demand. If you’re a first-time buyer looking for a starter home or are someone who’s interested in downsizing, it may be worth considering a condominium (condo) as a worthwhile option. In fact, trends indicate condos are gaining popularity among buyers. In the latest Existing Homes Sales Report from the National Association of Realtors (NAR), the data shows condo sales rising throughout the first half of this year (see graph below):There are a few reasons more and more people are opting to buy condos – the benefits of … (0 comments)
weston fl dalia kibby realtor: 4 BIG INCENTIVES FOR HOME OWNERS TO SELL NOW
- 05/14/21 05:08 AM
The housing market keeps sailing along. The only headwind that could take it off course is the lack of inventory for sale. The National Association of Realtors (NAR) reports that there were 410,000 fewer single-family homes for sale this March than in March of 2020. The key to continued success in the residential housing market is for more listings to come on the market. However, many homeowners are concerned that selling their homes could be challenging for several reasons. Recently, Homes.com released the findings of a survey that identified these concerns, as well as what it will take for homeowners to feel comfortable selling their houses. Here are the four … (4 comments)
weston fl dalia kibby realtor: FEB. 2021 SINGLE FAMILY HOME SALES DATA BROWARD COUNTY, FL.
- 03/18/21 09:00 PM
The most recent sales statistics for single family homes in Broward County, FL are out. Following are a few key statistics: 1,243 single family home sales closed in February 2021 compared to 1,004 in 2020; the median price of a single family home is now $433K versus $385K in 2020 and the number of new listings was virtually unchanged in Feb. 2021 compared to Feb. 2020.
There are two measures to gauge how quickly homes are selling: Days on Market (time between listing the property & going pending) and month's supply of inventory. Both of these measures were significantly lower in Feb. … (3 comments)
weston fl dalia kibby realtor: HOW TO MAKE A WINNING OFFER FOR A HOME
- 03/15/21 09:17 AM
Today’s homebuyers are faced with a strong sellers’ market, which means there are a lot of active buyers competing for a relatively low number of available homes. As a result, it’s essential to understand how to make a confident and competitive offer on your dream home. Here are five tips for success in this critical stage of the homebuying process. 1. Listen to Your Real Estate Advisor An article from Freddie Mac gives direction on making an offer on a home. From the start, it emphasizes how trusted professionals can help you stay focused on the most important things, especially at times when this process can get … (0 comments)
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