Economy | Florida Mortgage Experts | Florida Mortgage Rates

Stocks May Be Volatile, but Home Values Aren’t

Written by Florida Mortgage Experts Syndicate User on May 7, 2025. Posted in Economy, Home Prices.

With all the uncertainty in the economy, the stock market has been bouncing around more than usual. And if you’ve been watching your 401(k) or investments lately, chances are you’ve felt that pit in your stomach. One day it’s up. The next day, it’s not. And that may make you feel a little worried about your finances.But here’s the thing you need to remember if you’re a homeowner. According to Investopedia:“Traditionally, stocks have been far more volatile than real estate. That’s not to say that real estate prices aren’t ever volatile—the years around the 2007 to 2008 financial...

What an Economic Slowdown Could Mean for the Housing Market

Written by Florida Mortgage Experts Syndicate User on May 2, 2025. Posted in Economy, For Buyers, Home Prices, Mortgage Rates.

Talk about the economy is all over the news, and the odds of a recession are rising this year. That’s leaving a lot of people wondering what it means for the value of their home – and their buying power.Let’s take a look at some historical data to show what’s happened in the housing market during each recession, going all the way back to the 1980s. The facts may surprise you.A Recession Doesn’t Mean Home Prices Will FallMany people think that if a recession hits, home prices will fall like they did in 2008. But that was an exception, not the rule. It was the only time the market saw such a...

Why Today’s Foreclosure Numbers Aren’t a Warning Sign

Written by Florida Mortgage Experts Syndicate User on April 30, 2025. Posted in Economy, Foreclosures.

When it feels like the cost of just about everything is rising, it’s only natural to wonder what that means for the housing market. Some people are even questioning whether more homeowners will struggle to make their mortgage payments, ultimately leading to a wave of foreclosures. And recent data showing foreclosure filings have increased is only feeding into this fear. But don’t let that scare you.If you put the latest data into context, it’s clear there’s no reason to think this is a repeat of the last housing crash.This Isn’t Like 2008While it’s true that foreclosure filings ticked up in...

Do You Think the Housing Market’s About To Crash? Read This First

Written by Florida Mortgage Experts Syndicate User on April 17, 2025. Posted in Economy, Home Prices, Inventory.

Lately, it feels like a lot of people have been asking the same question: “Is the housing market about to crash?”If you’ve been scrolling through social media or watching the news, you might have seen some pretty scary headlines yourself. That’s why it’s no surprise that, according to data from Clever Real Estate, 70% of Americans are worried about a housing crash in 2025.But before you hit pause on your plans to buy or sell a home, take a deep breath. The truth is: the housing market isn’t about to crash – it’s just shifting. And that shift actually works in your favor.Today’s Inventory...

A Recession Doesn’t Mean a Housing Crisis

Written by Florida Mortgage Experts Syndicate User on April 12, 2025. Posted in Economy, Infographics, Mortgage Rates.

Some HighlightsThere’s a lot of talk about a recession lately and how the odds of one are rising. If you’re wondering what that means for the housing market, here’s what the data tells us.While you may remember the price crash in 2008, that’s not the norm. Looking back all the way to 1980, home prices usually rise and mortgage rates tend to fall. If you have questions about buying or selling a home in today’s market, connect with a real estate agent.

Does Your Current Home Fit Your Retirement Plans?

Written by Florida Mortgage Experts Syndicate User on April 10, 2025. Posted in Downsize, Economy.

Retirement isn’t just a milestone. It’s the beginning of something really special. After years of hard work, it’s finally time to slow down, explore new passions, and live life on your own terms.But with this exciting chapter comes some big choices. And one of the biggest is this: does your current home still make sense for the lifestyle (and budget) you want in this next phase of life?That’s an especially important question right now. Just in the past five years, the cost of living has jumped by 23% according to the Bureau of Labor Statistics (BLS). That’s based on the Consumer Price...

Is It Time To Put Your House Back on the Market?

Written by Florida Mortgage Experts Syndicate User on March 19, 2025. Posted in Economy, For Sellers, Selling Tips.

If you took your house off the market in late 2024, you’re not the only one. Newsweek reports that data from CoreLogic and the Wall Street Journal (WSJ) says nearly 73,000 homes were pulled from the market in December alone – that’s more than any other December going all the way back to 2017 (see graph below):Whether it was because offers weren’t coming in, the timing around the holidays felt overwhelming, or they wanted to see if the market would improve in the new year – a lot of other homeowners decided to press pause, too.But now, with spring fast approaching, it’s time to...

What To Look For From This Week’s Fed Meeting

Written by Florida Mortgage Experts Syndicate User on November 7, 2024. Posted in Economy, Mortgage Rates.

You may be hearing a lot of talk about the Federal Reserve (the Fed) and how their actions will impact the housing market right now. Here’s why.The Fed meets again this week to decide the next step with the Federal Funds Rate. That’s how much it costs banks to borrow from each other. Now, that’s not the same thing as setting mortgage rates, but mortgage rates can be influenced through this process. And if you’re thinking about buying or selling a home, you may be wondering about the downstream impact and when mortgage rates will come down.Here’s a quick rundown of what you need to...

Q&A: How Do Presidential Elections Impact the Housing Market?

Written by Florida Mortgage Experts Syndicate User on November 2, 2024. Posted in Economy, Home Prices, Infographics, Mortgage Rates.

Some HighlightsEven if you’re not looking to move right away, you may have questions about how the election will impact the housing market.When we look at historical trends, combined with what’s happening right now, we can find your answers. Based on historical data, mortgage rates decrease in the months before and home prices and sales increase the year after the election.The facts show Presidential elections only have a small and temporary impact on the housing market.