3 Reasons To Buy a Home This Summer

Written by Jupiter Island Mortgage Syndicated User on June 20, 2025. Posted in Buying Tips, For Buyers, Home Prices, Inventory, Jupiter Island Florida Mortgage Rates, Jupiter Island Mortgage.

Are you thinking about buying a home, but not sure if now’s the right time? A lot of people are waiting and wondering what the market’s going to do next. But here’s something only the savviest buyers realize:This summer might actually be the best time to buy in years. Here are three big reasons why.1. You Have More Negotiating Power After several years of sellers having all the leverage, things are starting to shift. Check out the graph below. It uses data from Redfin to show that right now, there are more sellers active in the market than buyers:Take a look at what happened back in 2021...

Buying Your First Home? FHA Loans Can Help

Written by Jupiter Island Mortgage Syndicated User on June 10, 2025. Posted in Affordability, Buying Tips, First-Time Buyers, For Buyers, Jupiter Island Florida Mortgage Rates, Jupiter Island Mortgage, Mortgage Rates.

If you’re a first-time homebuyer, you might feel like the odds are stacked against you in today’s market. But there are resources and programs out there that can help – if you know where to look. And one thing that can make homeownership easier to achieve? An FHA home loan.They’re designed to help you overcome some of the biggest financial hurdles in the homebuying process – and that’s why so many first-timers are using them to make their purchase.Whether you’re dreaming of ditching rent, planting roots, or just wanting a place that’s truly yours, an FHA home loan could be the path that...

Understanding Today’s Mortgage Rates: Is 3% Coming Back?

Written by Jupiter Island Mortgage Syndicated User on June 5, 2025. Posted in Buying Tips, First-Time Buyers, For Buyers, Jupiter Island Florida Mortgage Rates, Jupiter Island Mortgage, Mortgage Rates.

A lot of buyers are pressing pause on their plans these days, holding out hope that mortgage rates will come down – maybe even back to the historic-low 3% from a few years ago. But here’s the thing: those rates were never meant to last. They were a short-term response to a very specific moment in time. And as the market finds its footing again, it’s time to reset expectations.Back in 2020 and 2021, 3% mortgage rates gave buyers a serious boost: more affordability, more buying power, and more opportunity. But those rates were a result of emergency economic policies during the height of a...

Newly Built Homes May Be Less Expensive Than You Think

Written by Jupiter Island Mortgage Syndicated User on June 3, 2025. Posted in Affordability, Buying Tips, First-Time Buyers, For Buyers, Home Prices, Jupiter Island Florida Mortgage Rates, Jupiter Island Mortgage, New Construction.

Do you think a brand-new home means a bigger price tag? Think again.Right now, something unique is happening in the housing market. According to the Census and the National Association of Realtors (NAR), the median price of newly built homes is actually lower than the median price for existing homes (ones that have already been lived in):You read that right. That brand new, never-been-lived-in house may cost less than the one built 20 years ago in a neighborhood just down the street. So, if you wrote off a new build because you assumed they’d be financially out of reach, here’s what you...

Common Real Estate Terms Explained

Written by Jupiter Island Mortgage Syndicated User on May 27, 2025. Posted in Agent Value, Buying Tips, First-Time Buyers, For Buyers, Jupiter Island Florida Mortgage Rates, Jupiter Island Mortgage.

If you’re a first-time homebuyer, chances are you’ll come across some terms you’re not familiar with. And that can be overwhelming, especially while going through one of the biggest purchases of your life. The good news is you don’t need to be an expert on real estate jargon. That’s your agent’s job. But getting to know these basic terms will help you feel a lot more confident throughout the process.Terms Every Homebuyer Should KnowOnce you’re familiar with this terminology, you’ll have a better understanding of important details – from contracts to negotiations. So, when those...

What Buyers Need To Know About Homeowners Association Fees

Written by Jupiter Island Mortgage Syndicated User on May 21, 2025. Posted in Buying Tips, First-Time Buyers, For Buyers, Jupiter Island Florida Mortgage Rates, Jupiter Island Mortgage.

When buying a home, you’re probably thinking about mortgage rates, home prices, your down payment, and maybe even your closing costs. But you may not be thinking about homeowners association (HOA) fees. While you won’t necessarily have these, you should know it’s a possibility, depending on where you decide to live.A homeowners association is basically an organization that oversees a housing community (including shared spaces) and sets and enforces rules for things like upkeep. Some buyers love the perks that come with an HOA, others may see the fees as an extra expense. The key is knowing...

Housing Market Forecasts for the Second Half of 2025

Written by Jupiter Island Mortgage Syndicated User on May 21, 2025. Posted in Buying Tips, For Buyers, Forecasts, Infographics, Jupiter Island Florida Mortgage Rates, Jupiter Island Mortgage, Mortgage Rates.

Some HighlightsAre you wondering what to expect if you buy or sell a home in the second half of the year? Here’s what the expert forecasts tell you.Mortgage rates are expected to come down slightly. There will be more homes available for sale. And as inventory rises, home price growth will moderate.Want to know what this could mean for your plans? Connect with a local agent and talk through it together.

Why You’ll Want a Home Inspection

Written by Jupiter Island Mortgage Syndicated User on May 10, 2025. Posted in Buying Tips, For Buyers, Infographics, Jupiter Island Florida Mortgage Rates, Jupiter Island Mortgage.

Some HighlightsOnce your offer is accepted, an inspector will assess the condition of the house, including things like the roof, foundation, plumbing, and more.That information is incredibly important and paves the way for you to re-negotiate with the seller, as needed. So, you don’t want to skip this step.An inspection is your chance to avoid costly headaches and get peace of mind. Connect with an agent to talk about other ways to make your offer stand out.

The 20% Down Payment Myth, Debunked

Written by Jupiter Island Mortgage Syndicated User on May 6, 2025. Posted in Affordability, Buying Tips, First-Time Buyers, For Buyers, Jupiter Island Florida Mortgage Rates, Jupiter Island Mortgage.

Saving up to buy a home can feel a little intimidating, especially right now. And for many first-time buyers, the idea that you have to put 20% down can feel like a major roadblock.But that’s actually a common misconception. Here’s the truth.Do You Really Have To Put 20% Down When You Buy a Home?Unless your specific loan type or lender requires it, odds are you won’t have to put 20% down. There are loan options out there designed to help first-time buyers like you get in the door with a much smaller down payment.For example, FHA loans offer down payments as low as 3.5%, while VA and USDA...

Should I Buy a Home Now or Wait?

Written by Jupiter Island Mortgage Syndicated User on April 25, 2025. Posted in Buying Tips, Equity, For Buyers, Home Prices, Jupiter Island Florida Mortgage Rates, Jupiter Island Mortgage.

At some point, you’ve probably heard the saying: “Yesterday was the best time to buy a home, but the next best time is today.”That’s because homeownership is about the long game – and home prices typically rise over time. So, while you may be holding out for prices to fall or rates to improve, you should know that trying to time the market rarely works.Here’s what most buyers don’t always think about: the longer you wait, the more buying could cost you. And you deserve to understand why.Forecasts Say Prices Will Keep ClimbingEach quarter, over 100 housing market experts weigh in for the...

Category: Buying Tips