Is It Time To Sell Your Second Home?

Written by Pensacola Mortgage Mortgage Syndicated User on January 13, 2023. Posted in For Sellers, Housing Market Updates, Luxury Market, Mortgage Pensacola FL, Pensacola Mortgage.

During the pandemic, second homes became popular because of the rise in work-from-home flexibility. That’s because owning a second home, especially in the luxury market, allowed those homeowners to spend more time in their favorite places or with different home features. Keep in mind, a luxury home isn’t only defined by price. In a recent article, Investopedia shares additional factors that push a home into this category: location, such as a home on the water or in a desirable city, and features, the things that make the home itself feel luxurious.

Today’s Housing Market Is Nothing Like 15 Years Ago

Written by Pensacola Mortgage Mortgage Syndicated User on January 12, 2023. Posted in For Buyers, For Sellers, Foreclosures, Housing Market Updates, Mortgage Pensacola FL, Pensacola Mortgage.

There’s no doubt today’s housing market is very different than the frenzied one from the past couple of years. In the second half of 2022, there was a dramatic shift in real estate, and it caused many people to make comparisons to the 2008 housing crisis. While there may be a few similarities, when looking at key variables now compared to the last housing cycle, there are significant differences.

…