4 Things Every Renter Needs To Consider   As a renter, you’re constantly faced with the same dilemma: keep renting for another year or purchase a home? Your answer depends on your current situation and future plans, but there are a number of benefits to homeownership every renter needs to consider. Here are a few things you should think about before you settle on renting for another year. 1. Rents Are Rising Quickly Rent increasing each year isn’t new. Looking back at Census data confirms rental prices have gone up consistently for decades (see graph below):If you’re a renter, you’re faced with payments that continue to climb each year. Realtor.com recently shared the September Rental Report, and it shows price increases accelerating from August to September (see graph below):As the gra... 11/28/2021

 More New Homes Are Being Built with 4-Plus Bedrooms NAHB: Since COVID-19, more Americans want bigger homes: Share of single-family homes starting with 4 or more bedrooms rose from 42.6% in 2019 to 45.2% in 2020. Read moreBottom LineFor your NEXT Move Call or Text Charles Stallions NOW 850-476-4494 for a 5 Minute free over the phone evaluation or Email: charles@charlesstallions.com for a complete package to review at the stage you are in, no high-pressure sales pitch or obligations We are ambassadors to the Gulf Coast of Florida got a question just email us or text us. Hello, my name is Charles Stallions, CRS, Broker/ owner of Charles Stallions Real Estate Services. Our family of licensed agents can show you ANY home on the market and many that are Coming Soon and would love to show you... 11/27/2021

 Condo Q&A: Do Big Budget Hikes Require Residents’ Votes? The answer isn’t yes or no. It depends. There is a Florida statue that deals with annual budget meetings for condos, but there are specific provisions that must be met. Read moreBottom LineFor your NEXT Move Call or Text Charles Stallions NOW 850-476-4494 for a 5 Minute free over the phone evaluation or Email: charles@charlesstallions.com for a complete package to review at the stage you are in, no high-pressure sales pitch or obligations We are ambassadors to the Gulf Coast of Florida got a question just email us or text us. Hello, my name is Charles Stallions, CRS, Broker/ owner of Charles Stallions Real Estate Services. Our family of licensed agents can show you ANY home on the market and many that are Coming Soon and would lo... 11/26/2021

  Buyers in today’s market often have questions about the importance of getting a home appraisal and an inspection. That’s because high buyer demand and low housing supply are driving intense competition and leading some buyers to consider waiving those contingencies to stand out in the crowded market. But is that the best move? Buying a home is one of the most important transactions in your lifetime, and it’s critical to keep your best interests in mind. Here’s a breakdown of what to expect from the appraisal and the inspection, and why each one can potentially save you a lot of time, money, and headaches down the road. Home Appraisal The home appraisal is a critical step for securing a mortgage on your home. As Home Light explains: “. . . lenders typically require an appraisal to ensu... 11/24/2021

 Study: Credit Scores Rebound Quickly After Home Purchase Nationwide credit scores fall about 20 points in the months following a home purchase, but they bounce back fully in less than one year. In four Fla. cities included in a LendingTree study, the full credit-score rebound ranged from 332 days in Miami to 387 in Jacksonville. Read moreBottom LineFor your NEXT Move Call or Text Charles Stallions NOW 850-476-4494 for a 5 Minute free over the phone evaluation or Email: charles@charlesstallions.com for a complete package to review at the stage you are in, no high-pressure sales pitch or obligations We are ambassadors to the Gulf Coast of Florida got a question just email us or text us. Hello, my name is Charles Stallions, CRS, Broker/ owner of Charles Stallions Real Estate Services. Our... 11/24/2021

 Mortgage Rates Respond to Fed, Average Rises Above 3% After weeks of little movement in the 2.88% range, the average 30-year, fixed-rate mortgage rose to 3.01% this week. Economist cites “many factors” pushing the increase. Read moreBottom LineFor your NEXT Move Call or Text Charles Stallions NOW 850-476-4494 for a 5 Minute free over the phone evaluation or Email: charles@charlesstallions.com for a complete package to review at the stage you are in, no high-pressure sales pitch or obligations We are ambassadors to the Gulf Coast of Florida got a question just email us or text us. Hello, my name is Charles Stallions, CRS, Broker/ owner of Charles Stallions Real Estate Services. Our family of licensed agents can show you ANY home on the market and many that are Coming Soon and would love... 11/23/2021

  There’s a lot of talks lately about how challenging it can be to find a home to buy. While housing inventory is still low, there are a few important things to understand about the supply of homes for sale as we move into the end of the year. The Number of Homes for Sale Usually Peaks in the Fall In the residential real estate market, trends generally follow a predictable and seasonal pattern. Typically, the number of homes available for sale (or active monthly listings) peaks in the fall. But in a chapter where so little feels normal, the question becomes: should we expect a fall peak this year? If we look at the active monthly listings for 2021 (shown in the chart below), we’ll see that the number of homes on the market has increased fairly steadily since spring this year. The realto... 11/22/2021

    The biggest challenge in real estate today is the lack of available homes for sale. The low housing supply has caused homes throughout the country to appreciate at a much faster rate than what we’ve experienced historically. There are many reasons for the limited number of homes on the market, but as you can see in the graph below, we’re well below where we’ve been for most of the past 10 years. Today, across the country, there is only a 2.4-month supply of homes available for sale. The Opportunity  This lack of homes for sale is creating a challenge for many buyers who are growing frustrated in their search. On the other hand, this is a huge opportunity for sellers as low supply is driving up home values. According to CoreLogic, the average home has appreciated by more than $50,000... 11/22/2021

  2.2KSHARES 2.0K 64 17 138 The rise in remote work is changing what many Americans want in their homes. Many companies are choosing to delay reopening or go remote full-time, and today’s buyers are looking for homes with more space to support their work needs. As a seller, if you no longer need the extra room you have in your home, rest assured there are buyers who do. Remote Work Is Here To Stay Remote work remains a reality for many Americans. A recent poll from Garter, Inc. shows many organizations have not yet returned their offices: “. . . 66% of organizations are delaying reopening their offices due to new COVID-19 variants.” And it’s not just companies that are choosing to remain remote for the time being – workers are seeking more flexibility. According to research from Pricewa... 11/21/2021

  Some Highlights Applying for a mortgage is a big step towards homeownership, but it doesn’t need to be one you fear. Here are some tips to help you prepare. Know your credit score and work to build strong credit. When you’re ready, lean on your agent to connect you with a lender so you can get pre-approved and begin your home search. Any major life change can be scary, and buying a home is no different. Partner with a trusted real estate professional to take the fear out of the equation. Bottom LineFor your NEXT Move Call or Text Charles Stallions NOW 850-476-4494 for a 5 Minute free over the phone evaluation or Email: charles@charlesstallions.com for a complete package to review at the stage you are in, no high-pressure sales pitch or obligations We are ambassadors to the Gulf Coast... 11/21/2021

   by Housecall       By Kara Masterson Selling your home doesn't have to be an ordeal. By concentrating on just a few key things it's possible to minimize the time your property spends sitting on the market. From improving curb appeal to removing excess clutter, here are several things that can help you to improve property values, attract potential buyers and ensure a successful sale: Enhanced Curb Appeal Curb appeal is never a concern that should be taken lightly. Your home's exterior appearance, landscaping and general exterior appearance all play a key role in ensuring that potential buyers are more likely to form a positive first impression. From listing photos to the first glimpse that buyers will have when they pull up to the curb, a few improvements can make a major difference. ... 11/21/2021

    Rents have increased significantly this year. The latest National Rent Report from Apartmentlist.com shows rents are rising at a rate much higher than the three years leading up to the pandemic: “Since January of this year, the national median rent has increased by a staggering 16.4 percent. To put that in context, rent growth from January to September averaged just 3.4 percent in the pre-pandemic years from 2017-2019.” Looking back, we can see rents rising isn’t new. The median rental price has increased consistently over the past 33 years (see graph below):If you’re thinking of renting for another year, consider that rents will likely be even higher next year. But that alone doesn’t paint the picture of the true cost of renting. The Money Renters Stand To Lose This Year A homeowne... 11/21/2021

by Housecall       6 By Kara Masterson Your fence has many uses as a part of your home, ranging from privacy and security to decoration and a boundary marker. As a vital component of your home, and one that's constantly on display for the outside world, you should want your fence to look it’s best. Related: 7 Exterior Home Improvements That Increase Resale Value Maybe it’s been a while since you did anything to update your fence, or maybe you just moved in and are looking to replace the existing fence. No matter the reason, here are a few ways you can upgrade your fence: Paint Your Fence You can make your fence look better without spending a lot of money by painting it. Paint has the advantage of covering up any blemishes or marks you can’t get rid of, plus, it can instantly restore an... 11/17/2021

  Some Highlights If you’re a homeowner, today’s rising equity is great news. On average, homeowners have gained $51,500 in equity since this time last year. Whether it’s funding an education, fueling your next move, or starting a business, your home equity is a great tool you can use to power your dreams. Ready to sell? Reach out to a local real estate professional to talk about how you can take advantage of your rising equity to reach your goals. Bottom LineFor your NEXT Move Call or Text Charles Stallions NOW 850-476-4494 for a 5 Minute free over the phone evaluation or Email: charles@charlesstallions.com for a complete package to review at the stage you are in, no high-pressure sales pitch or obligations We are ambassadors to the Gulf Coast of Florida got a question just email us o... 11/16/2021

    While today’s supply of homes for sale is still low, the number of newly built homes is increasing. If you’re ready to sell but have held off because you weren’t sure you’d be able to find a home to move into, newly built homes and those under construction can provide the options you’ve been waiting for. The latest Census data shows the inventory of new homes is increasing this year (see graph below):With more new homes coming to the market, this means you’ll have more options to choose from if you’re ready to buy. Of course, if you do consider a newly built home, you’ll want to keep timing in mind. The supply shown in the graph above includes homes at various stages of the construction process – some are near completion while others may be months away. According to Robert Dietz, Ch... 11/15/2021

    It’s impossible to research the subject of buying a home without coming across a headline declaring that the fall in home affordability is a crisis. However, when we add context to the most recent affordability statistics, we soon realize that, though homes are less affordable than they have been over the last few years, they are more affordable than they historically have been. Black Knight, a premier provider of data and analytics for the mortgage industry, just released their latest Monthly Mortgage Monitor which includes a new analysis of the affordability situation. Here’s what the report reveals: “The monthly payment required to purchase the average priced home with a 20% down 30-year fixed rate mortgage increased by nearly 20% (+$210) over the first nine months of 2021, . . .... 11/15/2021

Pensacola, Florida: Report: America Is Short 5.24M HomesMore real estate listings are coming to the market, but … Read More My Home own search!  What Is My Homes Value?      How to get a Mortgage and FREE Credit Report    House Facts and News  Pensacola Real Estate Q&A? What are Title Insurance, Escrows, and closings explained in simple terms? GET REAL ANSWERS   Adopt-a-Pet.com, We raise awareness through the local and now the national Human Societies bring a pet home!  Gulf Breeze, Pace and Pensacola Happenings  Lettuce Eat? The funniest Thing  Repair This Mr. Handy Man? Sign up for our Monthly Newsletter about what’s happening here on the gulf and homes for sale.  Thinking of SELLING,  If I sell your home YOU PAY $2995. Flat Fee. If you want your home sold through MLS add 2.5%. Our av... 11/14/2021

Pensacola, Florida: How to Reduce Tax Expenditures During a Home SaleAre you selling your house? You'll need to pay taxes on the property, but… Read More My Home own search!  What Is My Homes Value?      How to get a Mortgage and FREE Credit Report    House Facts and News  Pensacola Real Estate Q&A? What are Title Insurance, Escrows, and closings explained in simple terms? GET REAL ANSWERS   Adopt-a-Pet.com, We raise awareness through the local and now the national Human Societies bring a pet home!  Gulf Breeze, Pace and Pensacola Happenings  Lettuce Eat? The funniest Thing  Repair This Mr. Handy Man? Sign up for our Monthly Newsletter about what’s happening here on the gulf and homes for sale.  Thinking of SELLING,  If I sell your home YOU PAY $2995. Flat Fee. If you want your home sol... 11/11/2021

Pensacola, Florida: 7 Home Maintenance Tips to Tackle This FallFall is just about here, and it’s a great time for homeowners to tackle home maintenance items… Read More My Home own search!  What Is My Homes Value?      How to get a Mortgage and FREE Credit Report    House Facts and News  Pensacola Real Estate Q&A? What are Title Insurance, Escrows, and closings explained in simple terms? GET REAL ANSWERS   Adopt-a-Pet.com, We raise awareness through the local and now the national Human Societies bring a pet home!  Gulf Breeze, Pace and Pensacola Happenings  Lettuce Eat? The funniest Thing  Repair This Mr. Handy Man? Sign up for our Monthly Newsletter about what’s happening here on the gulf and homes for sale.  Thinking of SELLING,  If I sell your home YOU PAY $2995. Flat Fee. If you wan... 11/11/2021

Pensacola, Florida: What’s Causing Today’s Competitive Real Estate Market? Although the temp might still be high outside… Read More My Home own search!  What Is My Homes Value?      How to get a Mortgage and FREE Credit Report    House Facts and News  Pensacola Real Estate Q&A? What are Title Insurance, Escrows, and closings explained in simple terms? GET REAL ANSWERS   Adopt-a-Pet.com, We raise awareness through the local and now the national Human Societies bring a pet home!  Gulf Breeze, Pace and Pensacola Happenings  Lettuce Eat? The funniest Thing  Repair This Mr. Handy Man? Sign up for our Monthly Newsletter about what’s happening here on the gulf and homes for sale.  Thinking of SELLING,  If I sell your home YOU PAY $2995. Flat Fee. If you want your home sold through MLS add 2.5%... 11/08/2021