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Author: 30a Beach Mortgage Syndicated User

Why You Can’t Compare Now to the ‘Unicorn’ Years of the Housing Market [INFOGRAPHIC]

Some HighlightsComparing housing market metrics from one year to another can be challenging in a normal housing market – and the last few years have been anything but normal. In a way, they were ‘unicorn’ years.Expect unsettling housing market headlines this year, mostly due to unfair comparisons with the ‘unicorn’ years.Connect with a local real estate professional who can share the data that puts those headlines in the proper perspective.

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It was a memorable evening at the Sinfonia Goes Pops concert and fireworks in Alys Beach during Memorial Day weekend. Si…

It was a memorable evening at the Sinfonia Goes Pops concert and fireworks in Alys Beach during Memorial Day weekend. Sinfonia Gulf Coast with Morgan James and Ryan Shaw for a night of Symphonic Soul. Photo Gallery 5/28/2023: https://sowal.com/…/sinfonia-pops-fireworks-at-alys-beach-p…

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This Real Estate Market Is the Strongest of Our Lifetime

When you look at the numbers today, the one thing that stands out is the strength of this housing market. We can see this is one of the most foundationally strong housing markets of our lifetime – if not the strongest housing market of our lifetime. Here are two fundamentals that prove this point. 1. The Current Mortgage Rate on Existing MortgagesFirst, let’s look at the current rate on existing mortgages. According to the Federal Housing Finance Agency (FHFA), as of the fourth quarter of last year, over 80% of existing mortgages have a rate below 5%. That’s significant. And, to take that one...

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Thanks to Silver Sands GAP team for taking care of our beaches and nesting sea turtle mamas ? South Walton Turtle Watch…

Thanks to Silver Sands GAP team for taking care of our beaches and nesting sea turtle mamas ? South Walton Turtle Watch #cleandarkflat #SouthWaltonFLIt’s #ThankfulThursday and we would like to give our most heartfelt thank you to the team from Gap at Silver Sands for spending Sunday evening with us on the be…ach filling in holes ???? Nesting sea turtles will now have a beautiful, flat beach to lay their eggs – all because of the hard work and generosity of these amazing individuals! ?? And of course thank you to EVERYONE who helps keep our beaches #CleanDarkFlat during nesting...

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SWFD surf conditions report Thursday June 8 ? #beachsafetyYELLOW AND PURPLE FLAGS! 6/8/23 Moderate surf hazards and rip…

SWFD surf conditions report Thursday June 8 ? #beachsafetyYELLOW AND PURPLE FLAGS! 6/8/23 Moderate surf hazards and rip currents are present on Thursday, June 8. SWFD lifeguards are flying yellow flags. ???? As of 10:4…5 a.m., we’re also adding the purple flag for stinging marine life. Lifeguards are reporting a stronger longshore current moving to the east today. Please use situational awareness in the water as the current can move you from where you entered the water. Remember to wear sunscreen, stay hydrated, and swim near a lifeguard. Walton County Emergency Management Walton County...

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The Main Reason Mortgage Rates Are So High

Today’s mortgage rates are top-of-mind for many homebuyers right now. As a result, if you’re thinking about buying for the first time or selling your current house to move into a home that better fits your needs, you may be asking yourself these two questions: Why Are Mortgage Rates So High?When Will Rates Go Back Down?Here’s context you need to help answer those questions.1. Why Are Mortgage Rates So High? The 30-year fixed-rate mortgage is largely influenced by the supply and demand for mortgage-backed securities (MBS). According to Investopedia: “Mortgage-backed securities (MBS) are investment...

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