Stocks May Be Volatile, but Home Values Aren’t

Written by Marathon Florida Keys Mortgage on May 6, 2025. Posted in Economy, Home Prices, Marathon FL Mortgage, Marathon Florida Keys Mortgage.

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...

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What an Economic Slowdown Could Mean for the Housing Market

Written by Marathon Florida Keys Mortgage on May 1, 2025. Posted in Economy, For Buyers, Home Prices, Marathon FL Mortgage, Marathon Florida Keys Mortgage, 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 Fall Many 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...

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Should I Buy a Home Now or Wait?

Written by Marathon Florida Keys Mortgage on April 24, 2025. Posted in Buying Tips, Equity, For Buyers, Home Prices, Marathon FL Mortgage, Marathon Florida Keys 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 Climbing Each quarter, over 100 housing market experts weigh in for...

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What’s Your House Worth Now? The Answer May Surprise You

Written by Marathon Florida Keys Mortgage on April 23, 2025. Posted in For Sellers, Home Prices, Marathon FL Mortgage, Marathon Florida Keys Mortgage.

Let’s talk about something you might not check nearly as often as your bank account – and that’s how much your home is worth. But when it comes to your financial situation, it’s an important thing to remember. When’s the last time you had a professional show you the value of your home? Think about it. For most people, your house is probably the biggest asset you have. And if you’ve owned your home for a few years (or longer), chances are it’s been quietly building wealth for you in the background. And honestly? You might be surprised by just how much. What Is Home Equity? This wealth you...

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

Written by Marathon Florida Keys Mortgage on April 16, 2025. Posted in Economy, Home Prices, Inventory, Marathon FL Mortgage, Marathon Florida Keys Mortgage.

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...

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The #1 Thing Sellers Need To Know About Their Asking Price

Written by Marathon Florida Keys Mortgage on April 3, 2025. Posted in For Sellers, Home Prices, Marathon FL Mortgage, Marathon Florida Keys Mortgage, Selling Tips.

When you put your house on the market, you want to sell it quickly and for the best price possible; that’s generally the goal. But too many sellers are shooting too high right now. They don’t realize the market has shifted as inventory has grown. The side effect? Price cuts are on the rise, but they really don’t have to be. Here’s why. According to data from Realtor.com, in February, price cuts were the highest they’ve been in any other February since 2019 (see graph below): If you consider that 2019 was the last true normal year for the housing market – that’s a big deal....

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Here’s What a Recession Could Mean for the Housing Market

Written by Marathon Florida Keys Mortgage on April 1, 2025. Posted in For Buyers, For Sellers, Home Prices, Marathon FL Mortgage, Marathon Florida Keys Mortgage.

Recession talk is all over the news, and the odds of a recession are rising this year. And that leaves people wondering what would happen to the housing market if we do go into a recession. Let’s take a look at some historical data to show what’s happened in housing for each recession going all the way back to the 1980s. A Recession Doesn’t Mean Home Prices Will Fall Many 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 we saw such a steep drop in prices. And it hasn’t happened since. In...

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National Housing Trends To Watch

Written by Marathon Florida Keys Mortgage on March 28, 2025. Posted in Home Prices, Infographics, Inventory, Marathon FL Mortgage, Marathon Florida Keys Mortgage.

Some Highlights At a national level, the housing market has shifted over the past year. There are more homes for sale, price growth has moderated, and homes are taking a little longer to sell. Do you want to know how your area compares? Connect with a real estate agent to go over what’s happening locally and what this means for you.

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4 Things To Expect from the Spring Housing Market

Written by Marathon Florida Keys Mortgage on March 24, 2025. Posted in For Buyers, For Sellers, Home Prices, Marathon FL Mortgage, Marathon Florida Keys Mortgage, Mortgage Rates.

Spring is in full swing, and the housing market is picking up along with it. And if you’ve been wondering whether now is the right time to buy or sell, here’s the inside scoop on why this spring may be a great time to make your move. 1. There Are More Homes for Sale After a long stretch of tight inventory, the number of homes for sale is finally improving. According to recent national data from Realtor.com, active listings are up 27.5% compared to this time last year. Look at the graph below and follow the green line for 2025. You can see, even though inventory levels still haven’t...

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Rising Inventory Means This Spring Could Be Your Moment

Written by Marathon Florida Keys Mortgage on March 17, 2025. Posted in For Buyers, Home Prices, Marathon FL Mortgage, Marathon Florida Keys Mortgage.

Want to know two reasons this spring might finally be your time to buy? Inventory has grown and sellers may be more willing to negotiate as a result. That means you’ve got more options and more power than buyers have had in years. Let’s break it down. 1. You Have More Homes To Choose From The number of homes for sale this February was higher than it’s been in any of the past five Februarys – and that’s great news for your home search. The graph below uses the latest data from Realtor.com to show the supply of homes on the market has grown by 27.5% in just the last year: More choices for...

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Should I Buy a Home Right Now? Experts Say Prices Are Only Going Up

Written by Marathon Florida Keys Mortgage on March 10, 2025. Posted in Buying Tips, First-Time Buyers, For Buyers, Home Prices, Marathon FL Mortgage, Marathon Florida Keys Mortgage.

At one point or another, you’ve probably heard someone say, “Yesterday was the best time to buy a home, but the next best time is today.” That’s because nationally, home values continue to rise. And with mortgage rates still stubbornly high and home prices going up, you may be holding out for prices to fall or trying to time the market for that perfect rate. But here’s the truth: waiting for the right moment could cost you in the long run. Home Prices Are Still Rising – Just at a More Normal Pace The idea that prices will drop dramatically is wishful thinking in most markets. According to...

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Do You Know What Your House Is Really Worth?

Written by Marathon Florida Keys Mortgage on March 7, 2025. Posted in Equity, For Sellers, Home Prices, Infographics, Marathon FL Mortgage, Marathon Florida Keys Mortgage.

Some Highlights Over the past 5 years, home prices have risen dramatically. If you own a home, that means your house may be worth a lot more than you think. ? Nationally, prices are up nearly 60% since 2019. ?And, if selling has been on your mind, you can use that bigger-than-expected return to power your next move. If you want to know how much your home is worth in today’s market, reach out to a local agent.? The number may surprise you.

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Do You Know How Much Your Home Is Worth?

Written by Marathon Florida Keys Mortgage on February 27, 2025. Posted in For Sellers, Home Prices, Marathon FL Mortgage, Marathon Florida Keys Mortgage.

Over the past few years, you’ve probably seen a whole lot of headlines about how home prices keep going up. But have you ever stopped to think about what that actually means for your home? Home prices have risen dramatically over the past five years — far more than usual. And if selling has been on your mind, this could mean a bigger-than-expected payday when you list. So, how much has your home’s value really changed? Let’s break it down. The Rapid Rise of the Past 5 Years Typically, home prices go up by about 2-5% a year. But in 2021-2022, there were double-digit increases. And at the...

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Buying a Home May Help Shield You from Inflation

Written by Marathon Florida Keys Mortgage on February 18, 2025. Posted in Home Prices, Marathon FL Mortgage, Marathon Florida Keys Mortgage, Rent vs. Buy.

It feels like everything is getting more expensive these days. That’s because inflation has remained higher than normal for longer than expected – and that’s impacting the costs of goods, services, and more. And with rising costs all around you, you’re probably questioning: is now really the right time to buy a home? Here’s the good news. Owning a home is actually one of the best ways to protect yourself from the rising costs that come with inflation. A Fixed Mortgage Protects You from Rising Housing Costs One of the key benefits of homeownership is that when you buy a home with a...

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Home Price Growth Is Moderating – Here’s Why That’s Good for You

Written by Marathon Florida Keys Mortgage on February 10, 2025. Posted in For Buyers, Home Prices, Marathon FL Mortgage, Marathon Florida Keys Mortgage.

Over the past few years, home prices skyrocketed. That’s been frustrating for buyers, leaving many wondering if they’d ever get a shot at owning a home. But here’s some welcome news: that whirlwind pace of home price growth is slowing down. Home Prices Are Rising at a Healthy Pace At the national level, home prices are still going up, but at a much more moderate, normal pace. For example, in November, the year-over-year increase in home prices was just 3.8% nationally, according to Case-Shiller. That’s a far cry from the double-digit spikes that occurred in 2021 and 2022 (see graph...

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The Real Benefits of Buying a Home This Year

Written by Marathon Florida Keys Mortgage on February 3, 2025. Posted in For Buyers, Home Prices, Marathon FL Mortgage, Marathon Florida Keys Mortgage.

Have you been wondering whether you should keep renting or finally make the leap into homeownership? It’s a big decision, and let’s be real — renting can feel like the easier option, especially if buying a home feels out of reach. But here’s the thing: a recent report from Bank of America highlights that 70% of prospective buyers fear the long-term consequences of renting, including not building equity and dealing with rising rents. Maybe you’re feeling that too — concerned about where renting might leave you down the road, but still unsure if you’d even be able to buy right now. The...

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Time in the Market Beats Trying To Time the Market

Written by Marathon Florida Keys Mortgage on January 31, 2025. Posted in Equity, Forecasts, Home Prices, Infographics, Marathon FL Mortgage, Marathon Florida Keys Mortgage.

Some Highlights Are you torn between whether to buy a home now or wait? Consider this. Forecasts show prices will climb for ?at least the next 5 years. If you wait, the price of a home will be higher later on. But, if you buy a $400K now, you could gain roughly $83K in equity as prices rise. If you’re able to buy now, this equity is one reason why it’ll be worth it in the long run. Connect with an agent if you’re ready to talk through ways we can make it happen.

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How Home Equity Can Help Fuel Your Retirement

Written by Marathon Florida Keys Mortgage on January 28, 2025. Posted in Agent Value, Home Prices, Marathon FL Mortgage, Marathon Florida Keys Mortgage.

If retirement is on the horizon, now’s the time to start thinking about your next chapter. And you probably want to make sure you’re set up to feel comfortable financially to live the life you want in retirement. What you may not realize is you likely have a hidden goldmine of cash you’re not thinking about — and that’s your home. Data from the Federal Housing Finance Agency (FHFA) shows that home values have gone up nearly 60% over the last 5 years alone (see graph below): And that appreciation gave your net worth a big boost. According to Freddie Mac, over the same five-year period: “...

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3 Reasons To Buy a Home Before Spring

Written by Marathon Florida Keys Mortgage on January 27, 2025. Posted in For Buyers, Home Prices, Marathon FL Mortgage, Marathon Florida Keys Mortgage.

Let’s face it — buying a home can feel like a challenge with today’s mortgage rates. You might even be thinking, “Should I just wait until spring when more homes hit the market and rates might be lower?” But here’s the thing, no one knows for sure where mortgage rates will go from here, and waiting could mean facing more competition, higher prices, and a lot more stress. What if buying now — before the spring rush — might actually give you the upper hand? Here are three reasons why that just might be the case. 1. Less Competition from Other Buyers The winter months tend to be quieter in...

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Smaller Homes, Bigger Opportunities: The Homebuilder Trend Buyers Love

Written by Marathon Florida Keys Mortgage on January 23, 2025. Posted in Buying Tips, For Buyers, Home Prices, Marathon FL Mortgage, Marathon Florida Keys Mortgage, Mortgage Rates.

It’s no secret that affordability is tough with where mortgage rates and home prices are right now. And that may have you worried about how you’ll be able to buy a home. But, if you don’t need a ton of space, you may find you have more cost-effective options in an unexpected place: new home communities. Builders Are Building Smaller Homes Since smaller homes typically come with smaller price tags, buyers have turned their attention to homes with less square footage — and builders have shifted their focus to capitalize on that demand. As U.S. News notes: “The combination of higher home...

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If Your House’s Price Is Not Compelling, It’s Not Selling

Written by Marathon Florida Keys Mortgage on January 22, 2025. Posted in For Sellers, Home Prices, Marathon FL Mortgage, Marathon Florida Keys Mortgage, Selling Tips.

There’s one big mistake you need to avoid when you sell your house this year: setting your price too high. It might seem like overpricing gives you room to negotiate or could really boost your profit, but the reality is, it usually backfires. In fact, Realtor.com says almost 20% of sellers — that’s one in five — have to reduce their price to get their house sold. And you don’t want to be one of them. Here’s why starting too high can lead to trouble, and how to avoid it. Overpricing Pushes Buyers Away With mortgage rates and home prices where they are right now, buyers are already...

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When Is the Perfect Time To Move?

Written by Marathon Florida Keys Mortgage on January 20, 2025. Posted in For Buyers, Home Prices, Marathon FL Mortgage, Marathon Florida Keys Mortgage, Mortgage Rates.

It’s easy to get caught up in the idea of waiting for the perfect moment to make your move – especially in today’s market. Maybe you’re holding out and hoping mortgage rates will drop, or that home prices will fall. But here’s what you need to realize: trying to time the market rarely works. And here’s why. There is no perfect market. No matter when you buy, there’s always some benefit and some sort of trade-off – and that’s not a bad thing. That’s just the reality of it. If you’re not sure you buy into that, think back to the last 5 years in housing. Just a few years ago, mortgage rates...

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Category: Home Prices