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Beach Road Realty Blog

Monday, April 8, 2024   /   by Richard Eimers

PENT-UP BUYER DEMAND EXPLAINED

By Richard Eimers April 8, 2024
This is called pent-up buyer demand and arises where a good volume of potential buyers has been ready and able to buy the properties but has not taken the buying decisions. There may be a delay decision for waiting conditions in the market when prices become cheap, betterment of financial positions, and the uncertain economy, among others. When conditions become ripe, this demand is released all at once, leading to a significant surge in sales activity.
Relating to the Spreadsheet Data: Increase in New Listings and Total Active Listings: The number of new listings and total active listings are growing in most market areas. Superficially, there may appear to be more of a supply than demand.
On the other hand, in relation to pent-up buyer demand, this could also signal expectations by sellers of an increase in buyer activity and that they list more properties in expectation of reaching normal demand. Properties Under Contract and Number of Properties . ...

  beach road realty, richard eimers, eimers group, mortgage rates, housing market, property market, real estate market, real estate news, home prices, home sales, mortgagerates, real estate trends, homeownership, housing market trends, real estate, housingmarket, real estate insights, homebuying, realestate

Monday, April 8, 2024   /   by Richard Eimers

STUDENT LOANS DON’T HAVE TO DELAY YOUR HOME BUYING DREAMS

By Richard Eimers April 8, 2024
In today's world, where education and homeownership are both seen as valuable steps towards financial stability and personal fulfillment, it’s common to feel that the weight of student loans may push the dream of owning a home further away. However, this doesn’t have to be the case. With the right approach, planning, and information, managing student loans while pursuing the dream of homeownership is more achievable than many think. This optimistic dive into the subject brings forth data and anecdotes that shine a light on the possibilities.
Understanding the Landscape
The Current Scenario
The narrative that student loans are a barrier to buying a home is widespread, yet recent data offers a hopeful perspective. For instance, a 2021 study by the National Association of Realtors (NAR) found that 26% of first-time homebuyers still had student loan debt. What’s more enlightening is that these individuals found ways to manage their de. ...

  beach road realty, richard eimers, eimers group, mortgage rates, housing market, property market, real estate market, real estate news, home prices, home sales, mortgagerates, real estate trends, homeownership, housing market trends, real estate, housingmarket, real estate insights

Wednesday, April 3, 2024   /   by Richard Eimers

A LEGAL WATERSHED: THE FUTURE OF FLOOD INSURANCE IN FLORIDA AND BEYOND

By Richard Eimers, April 3, 2024

 
In Tallahassee, Florida, a federal judge denied a preliminary injunction requested by Florida and other states to halt changes to the National Flood Insurance Program. The alterations have resulted in increased premiums for numerous property owners. However, the judge allowed the broader legal dispute to proceed. U.S. District Judge Darrel James Papillion, based in New Orleans, issued a detailed 56-page ruling, expressing concerns about potential disruptions to the program's stability if an injunction were granted against the risk-rating system implemented since 2021.
The lawsuit, initiated by Louisiana and joined by Florida and eight other states in June 2023, alleges violations of the Administrative Procedure Act, claiming the changes were arbitrary and capricious. Papillion ruled that while the injunction was denied, the states and three local governments in Louisiana could continue their lawsuit, rejecting federal arguments of a lack of ...

  beach road realty, richard eimers, mortgage rates, housing market, property market, real estate market, real estate news, home prices, home sales, mortgagerates, homeownership, housing market trends, real estate, housingmarket, homebuying

Monday, April 1, 2024   /   by Richard Eimers

SAFEGUARDING YOUR HOME AGAINST DEED FRAUD

By Richard Eimers April 1, 2024

In recent years, deed fraud has become increasingly prevalent, posing a significant threat to homeowners. Deed fraud occurs when someone unlawfully alters property ownership documents to transfer ownership without the rightful owner's consent. This nefarious act can result in homeowners losing their homes and facing extensive legal battles to reclaim their property. However, there are several proactive measures homeowners can take to protect themselves from falling victim to deed fraud.
 
First and foremost, it's crucial to regularly monitor your property's deed and other related documents. Keep track of any changes or transactions involving your property by regularly reviewing public records and statements from your mortgage lender. Look out for any unauthorized changes or suspicious activity, such as unexpected alterations to the deed or unauthorized mortgage applications.
 
Another essential step is to secure your personal informati. ...

  beach road realty, richard eimers, mortgage rates, housing market, property market, real estate market, real estate news, home prices, home sales, real estate trends, mortgagerates, homeownership, housing market trends, real estate

Monday, April 1, 2024   /   by Richard Eimers

NAVIGATING THE MODERN HOME SELLING NEGOTIATION PROCESS

By Richard Eimers April 2, 2024

 
Selling a home can be a complex process, particularly when it comes to negotiation. In today's real estate market, both sellers and buyers are armed with information, making negotiations more intricate than ever before. Understanding the dynamics of negotiation in the context of selling a home is crucial for achieving a successful outcome. Let's delve into the key aspects of the modern negotiation process in home sales.
 
1. Pricing Strategy
Setting the right price for a home is paramount. Sellers often seek to maximize their profit, while buyers aim for a fair deal. In today's market, pricing strategy involves analyzing comparable sales, current market trends, and the unique features of the property. Negotiations often revolve around finding a balance between the seller's asking price and the buyer's offer, taking into account market conditions and property value.
 
2. Market Knowledge
Both parties enter negotiations armed w. ...

  beach road realty, richard eimers, mortgage rates, housing market, property market, real estate market, real estate news, home prices, home sales, real estate trends, mortgagerates, homeownership, housing market trends, real estate

Beach Road Realty
Richard Eimers
17 Roundwood Drive
Inlet Beach, FL
850-259-1798

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