Are home prices going up or down? It depends on where you look. Over the past year, prices in Chicago climbed almost 7%. In Seattle, they dipped about 1.6%. That’s a nearly 9-point gap between two major cities. Look at little closer, though. Home prices are rising in 13 of the 19 major cities on this chart. And where prices are down, the dips are small (less than 2%). So, this isn’t a crash. It’s just a market normalizing after overheating during the pandemic. And that’s hitting some areas differently than others. Here’s what it really means. Your local market matters. If you’re selling where prices are still rising, you may not need to cut your price. And if you’re buying where prices are softer, you may have more room to negotiate. National headlines can’t tell you which side your neighborhood is on. Local data can. Let’s look at how prices are moving in your area, so you can set your price or make your offer with confidence. #HousingMarketUpdate #HomePrices Casey & Jason Heatherly Trusted Real Estate Advisors since 1999 561-450-9111

New Homes Cost Less in 1 in 3 Major Markets Newly built homes now cost less than existing ones in about 1 in 3 major markets. How much less, exactly? Nationally, a newly built home typically sells for about $35,000 less. So, brand-new could be more budget-friendly than you think. Want to see how newly built and existing homes compare where you’re looking? Let’s tour one of each. #HouseHunting #NewConstruction Casey & Jason Heatherly Trusted Real Estate Advisors since 1999 561-450-9111

Why More Buyers Are Turning To Adjustable-Rate Mortgages Today Today's market has more options than many people realize. Finding the right one could be as simple as getting more information about tools like ARMs. A trusted lender can run the numbers with you, walk you through the what-ifs, and help you explore the possibilities. Is an ARM a good option for you? Talk to a loan officer to find out. #AdjustableRateMortgages Casey & Jason Heatherly Trusted Real Estate Advisors since 1999 561-450-9111

Want a More Affordable Home? Don’t Overlook Condos. The first home you buy doesn't have to be a single-family house. If affordability has been holding you back, let's expand your search and see whether a condo could fit the price point you're looking for. #Condos #HomeBuying Casey & Jason Heatherly Trusted Real Estate Advisors since 1999 561-450-9111

Today, a growing number of homeowners who set out to sell end up as landlords instead. About 9% of homes for rent were up for sale first. In the industry, we call it “accidental landlords.” And if you’re watching the market and trying to decide between selling or renting, here’s what you need to know… While renting out your house can be a great fit for some people, being a landlord is a job of its own. Suddenly, you’re fielding weekend calls about a leaky dishwasher and you’ve got a plumber on speed dial. And you’re still on the hook for the mortgage any month the house sits empty. That doesn’t mean renting is a bad option, it just means you have to know what you’re getting into. And if you’d rather sell, let’s talk. Because with the right price and a strong marketing plan it is still doable today. #AccidentalLandlord Casey & Jason Heatherly Trusted Real Estate Advisors since 1999 561-450-9111

Homes Are Still Selling – Even in a Slower Market Don't let a headline about slowing home sales convince you no one is buying. Homes are still selling every minute of every day. If you need or want to move, let's talk about what it'll take to make sure yours is one of them. #HomeSales #HomeSellingTips Casey & Jason Heatherly Trusted Real Estate Advisors since 1999 561-450-9111

What if your first home isn't a house at all? If you've been struggling to find a traditional single-family home that fits your budget, don't overlook condos. According to Zillow, the typical starter condo costs under $200k nationally. Part of the reason they can be more affordable than a single-family home is because they’re normally smaller. Sure, you may trade some square footage or a backyard for shared walls and an HOA fee. But you could also get a lower purchase price, great amenities, and less maintenance to handle yourself. And if that means getting your own set of keys sooner, it could be an option worth exploring. Your first home doesn't have to check every box you originally imagined. It just needs to be the right fit for your life and your budget right now. Let's look at what's available in our area and see if a condo could be your way into homeownership. #Condos #HomeBuying Casey & Jason Heatherly Trusted Real Estate Advisors since 1999 561-450-9111

Want to move but don’t want to give up your current low rate? This is for you. Data shows homeowners with a mortgage have an average of $310K in equity right now. And that means if you've been putting off a move because you don't want to give up the mortgage rate you locked in a few years ago, your equity could help. You could use it toward a bigger down payment and borrow less at today's rates. Or, if you're downsizing, you might even be able to buy your next home in cash. No mortgage. No worrying about today’s rates. Want to know how much equity you have and what it makes possible for you? DM me, and I'll help you find out. #HomeValues #SellYourHouse Casey & Jason Heatherly Trusted Real Estate Advisors since 1999 561-450-9111