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Jupiter Dream Life

Luxury Real Estate Professional in Palm Beach County, Florida

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It can be tempting, especially with how hot the housing market has been over the past two years, to consider selling your home on your own. But today’s market is at a turning point, making it more essential than ever to work with a real estate professional.

There are several misconceptions about down payment assistance programs. For starters, many people believe there’s only assistance available for first-time homebuyers. While first-time buyers have many options to explore, repeat buyers have some, too. According to the latest Homeownership Program Index from downpaymentresource.com, “It is a common misconception that homebuyer assistance is only available to first-time homebuyers, however, 38% of homebuyer assistance programs in Q1 2022 did not have a first-time homebuyer requirement.”

As you may have already heard, the number of homes for sale has increased this year, and even more so this spring. Mark Fleming at First American says inventory growth is happening not just because there’s as increase in the number of listings coming onto the market, but also because buyer demand has moderated some in light of higher mortgage rates and other economic factors. “There has been a pickup in the inventory that we've seen recently, but it's not from a big increase in new listings . . . but rather a slowdown in the pace of sales. And remember that months’ supply measures the inventory of sale relative to the pace of sales. Same inventory, fewer sales, means more months’ supply.”

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Heather E. Towe, P.A. | About
Contact
Resources
For Sellers
For Buyers

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Hours & Info

4455 Military Trail, Suite 100
Jupiter FL 33458

561-806-8550

heather.towe@gmail.com

12-8 pm, Daily

Real Estate News Feed

If You’re Selling Your House This Summer, Hiring a Pro Is Critical
Homeownership Could Be in Reach with Down Payment Assistance Programs
A Key Opportunity for Homebuyers
Two Reasons Why Today’s Housing Market Isn’t a Bubble
Why an Agent Is Essential When Pricing Your House [INFOGRAPHIC]

Heather E. Towe, P.A. | About
Contact
Resources
For Sellers
For Buyers

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