Planning for a big move this summer?
The pandemic has put the world at a standstill for over a year. It’s no surprise we’re all eager for life to return to normal. With the release of the vaccine, summer 2021 looks as promising as ever.
There’s been a continuous increase in work-from-home opportunities and market demand. Experts are anticipating a boom for this summer’s economy, especially in the real estate industry. With real estate listings poised to soar as one of the hottest commodities in summer 2021, whether you’re a buyer or a seller, now is the best time to focus on this market.
Buying a Home
For those interested in buying a new home or to add to their investment portfolio, now is the best time to start looking, thanks to the all-time low mortgage rates. The number of new real estate listings will continue growing as many opt to downsize or move from the city.
If you’ve been planning to find a home in the suburbs, you may be able to find your dream home this summer.
For First Time Buyers
From mortgage rates and asking prices to loans, things can get overwhelming for first-time homeowners. Avoid the hassle by knowing the tricks of the trade.
Start by having a list of real estate companies you trust. Make sure you turn to a reliable mortgage broker. If you’re not sure where to look, don’t be afraid to turn to families or friends for referrals.
Listing Your Home
Home sellers will likely not need to worry about difficulties in selling their homes. Homes are selling quickly following market listings and this seems to be the trend country-wide. As just one such example, the Florida real estate market is surging in 2021. In fact, real estate is a major contributing factor to Florida’s overall economic growth.
With real estate listings in high demand, you may experience some competition. You also have to consider different strategies in home selling transactions. On the bright side, home prices are still on the rise. This makes this summer a great opportunity for those looking to sell their homes.
Refinancing Your Home
Home refinancing is gaining momentum thanks to the market’s low-interest rates. If you’re looking to refinance your mortgage, this may be the best time to do so.
Knowing the specifics is key in gaining the best chance on favorable mortgage refinancing. Ask the right questions and discuss with your lender or mortgage broker.
We’re here to Help
Having years of experience in mortgages and real estate in general, we understand that it’s crucial to have someone you trust by your side for major investments. Whether you’re a seasoned property investor, a first-time buyer, or if you’re looking to refinance, having an established mortgage broker makes real estate dealings stress-free. Mecklenburg Mortgage is here for you. Don’t hesitate to contact us with any questions you may have.