Don’t Expect a Wave of Foreclosures [INFOGRAPHIC]

Written by Santa Rosa Beach Mortgage Syndicated User on August 19, 2023. Posted in Foreclosures, Infographics, Interest Rates, Mortgage Santa Rosa Beach, Santa Rosa Beach Mortgage.

Some HighlightsWith ongoing high inflation pushing up everyday costs, some people are worried that’ll create a flood of foreclosures. Here’s why that’s unlikely. Fewer people are seriously behind on mortgage payments right now. If foreclosures were going to rise a lot, more people would need to be late on their payments.Since most are paying on time, a wave isn’t coming. If you’re concerned about a flood of foreclosures, the data shows that’s not likely.

Sea Turtle Nesting Season NEST REPORT ? South Walton Turtle WatchWhat more could you ask for on this Turtley Awesome #T…

Written by Santa Rosa Beach Mortgage Syndicated User on August 18, 2023. Posted in Mortgage Santa Rosa Beach, Santa Rosa Beach Mortgage.

Sea Turtle Nesting Season NEST REPORT ? South Walton Turtle WatchWhat more could you ask for on this Turtley Awesome #ThankfulThursday ???! This sweet straggler #loggerhead hatchling headed home after a routine nest excavatio…n this week …speaking of…we have a TON of nest excavation data to share!!! ? Check it out ?? ?NEST 3 ?0 emerged ?2 live in nest immediately released ?122 whole (Nonviable-water disturbance) ?124 total eggs ??1% HATCH SUCCESS ?NEST 4 ?0 Emerged ?92 Whole eggs (No development-water table) ?92 Total eggs ??0% HATCH SUCCESS ?NEST 5 ?120 emerged ?6 whole...

TONIGHT Gulf Place Wine Walk 5-7pm ??August Wine Walk? Join us this Thursday for an exquisite evening of indulgence a…

Written by Santa Rosa Beach Mortgage Syndicated User on August 18, 2023. Posted in Mortgage Santa Rosa Beach, Santa Rosa Beach Mortgage.

TONIGHT Gulf Place Wine Walk 5-7pm ??August Wine Walk? Join us this Thursday for an exquisite evening of indulgence at the Gulfplace Wine Walk! ? Sip and savor a curated selection of fine wines as… you stroll through the charming storefronts of Gulfplace. ? Unwind with friends, discover delightful local shops, and experience the perfect blend of flavors and community. ?? Don’t miss this opportunity to elevate your senses and create lasting memories. ?? All the details ? What: Wine Walk When: This Thursday!! Date: 8/17/23 Time: 5:00-7:00pm Cost: $25pp Cash Only Pls Come Join...

Chanticleer Bakery & Eatery is a favorite lunch spot in Grayton Beach Florida ?? Clayton Lane #GraytonBeachSavoring the…

Written by Santa Rosa Beach Mortgage Syndicated User on August 18, 2023. Posted in Mortgage Santa Rosa Beach, Santa Rosa Beach Mortgage.

Chanticleer Bakery & Eatery is a favorite lunch spot in Grayton Beach Florida ?? Clayton Lane #GraytonBeachSavoring the flavors of summer along 30A: Indulging in the crisp perfection of fried shrimp and fish, a coastal delight that transports your taste buds to the ocean’s edge. ??? #SummerEats #30AAdventures #CoastalCuisine

People Want Less Expensive Homes – And Builders Are Responding

Written by Santa Rosa Beach Mortgage Syndicated User on August 18, 2023. Posted in For Buyers, Housing Market Updates, Interest Rates, Mortgage Santa Rosa Beach, Pricing, Santa Rosa Beach Mortgage.

In today’s housing market, there are two main affordability challenges impacting buyers: mortgage rates that are higher than they’ve been the past couple of years, and rising home prices caused by low inventory. To overcome those challenges, many people are working with their agents to find less expensive homes. And with newly built homes making up a historically large percentage of the total available inventory today, that search often includes brand new homes.People Are Spending Less on Newly Built HomesThe graph below uses the latest information from the Census to show, in June, more of the...

Don’t Expect a Flood of Foreclosures

Written by Santa Rosa Beach Mortgage Syndicated User on August 17, 2023. Posted in Buying Myths, For Buyers, For Sellers, Foreclosures, Housing Market Updates, Mortgage Santa Rosa Beach, Santa Rosa Beach Mortgage, Selling Myths.

The rising cost of just about everything from groceries to gas right now is leading to speculation that more people won’t be able to afford their mortgage payments. And that’s creating concern that a lot of foreclosures are on the horizon. While it’s true that foreclosure filings have gone up a bit compared to last year, experts say a flood of foreclosures isn’t coming.Take it from Bill McBride of Calculated Risk. McBride is an expert on the housing market, and after closely following the data and market environment leading up to the crash, he was able to see the foreclosures coming in 2008....

PETER & THE WOLF symphonic fairy tale performance in the Seaside Amphitheater Wednesday night 6pm. Free admission. Bring…

Written by Santa Rosa Beach Mortgage Syndicated User on August 16, 2023. Posted in Mortgage Santa Rosa Beach, Santa Rosa Beach Mortgage.

PETER & THE WOLF symphonic fairy tale performance in the Seaside Amphitheater Wednesday night 6pm. Free admission. Bring blankets or chairs. #SeasideFL SoWal.com/Events Calendar #SouthWaltonFLJoin us TOMORROW for an unforgettable performance of Sergei Prokofiev’s ‘Peter and the Wolf Op. 67’ narrated by the iconic Bruce Collier, weaving a symphonic fa…iry tale that’s perfect for the young and young at heart. This version will be performed by Sinfonia’s Woodwind Quintet in Residence — the award-winning Fountain Five Wind Quintet. ? Admission is free — please bring...

TONIGHT! Forrest Williams Band @ Local Catch Bar & Grill #BlueMountainBeach SoWal.com/Events #livemusic #SouthWaltonFL?…

Written by Santa Rosa Beach Mortgage Syndicated User on August 16, 2023. Posted in Mortgage Santa Rosa Beach, Santa Rosa Beach Mortgage.

TONIGHT! Forrest Williams Band @ Local Catch Bar & Grill #BlueMountainBeach SoWal.com/Events #livemusic #SouthWaltonFL? Groove into Tuesdays at Local Catch! ?? Join us every Tuesday from 6-9 pm for Two Steppin’ Tuesdays with Forrest Williams Band! Come enjoy good food, great company, and a fantastic night of music! ?? #TwoSteppingTuesdays #LocalCatchGrooves

Blue Angels coming home ?The U.S. Navy Blue Angels giving all the Monday blues! ??

Written by Santa Rosa Beach Mortgage Syndicated User on August 16, 2023. Posted in Mortgage Santa Rosa Beach, Santa Rosa Beach Mortgage.

Blue Angels coming home ?The U.S. Navy Blue Angels giving all the Monday blues! ??

Equity Is a Game Changer for Homeowners Looking To Sell

Written by Santa Rosa Beach Mortgage Syndicated User on August 16, 2023. Posted in For Sellers, Housing Market Updates, Mortgage Santa Rosa Beach, Move-Up Buyers, Santa Rosa Beach Mortgage, Selling Myths.

If you’re a homeowner, you might be torn on whether or not to sell your house right now. Maybe that’s because you don’t want to take on a higher mortgage rate on your next home. If that’s your biggest hurdle, understanding your equity may be exactly what you need to help you feel more comfortable making your move.What Equity Is and How It WorksEquity is the current value of your home minus what you owe on the loan. And recently, that equity has been growing far faster than you may expect.Over the last few years, home prices rose dramatically, and that gave your equity a big boost very quickly....

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