Your Florida Mortgage Specialists

If you’re renting, it’s a good time to start hunting for a home, and if you’re looking to get into real estate investing, it’s also a good time to build your portfolio.

October: Home Hunting Season Opener

You might think of early sunsets, football games, and bow hunting as hallmarks of October, but smart shoppers know that it’s also the best time to start the hunt for a new home or investment property.

That’s because historically October through February marks a lull in the real estate market, which is usually a boon for buyers.

Higher median days on market + some price reductions + less offers = opportunity, especially for first-time home-buyers who are ready to say goodbye to ballooning rents, or for real estate investors who want to leverage the strength of the rental market.

Sellers who list their properties in fall and winter are most likely listing for a specific reason or out of necessity, like a death, divorce, or financial issues, meaning they’re motivated sellers. With fewer buyers in the market, sellers are typically more flexible in negotiations.

That doesn’t mean the Florida Real Estate market isn’t “hot” compared to other states in the US. However, by fall, the rate of price drops had increased by more than 15% over the previous year, signaling a moderating trend most likely caused by increasing mortgage rates and inflation. Larger cities in Florida are also equally strong as rental markets.

So what does this mean for you? If you’re renting, it means it’s a good time to start hunting for a home, because even with increased rates, the long-term smart money is on buying. If you’re looking to get into real estate investing, it’s also a good time to build your portfolio in a market that predicts strong returns. In either case, your best first step is to organize your mortgage strategy with a specialist who knows how to leverage your individual circumstances for a strong ROI in any market condition.

Get Started

The Jonathan Arnold Team at Inlanta can help you PREPARE to win!

More Resources

What is a S.M.A.R.T. Mortgage Consultation?

At Inlanta Florida, we think “outside the bank” with our S.M.A.R.T. Mortgage Consultation. S.M.A.R.T. stands for consultations that are: Strategic, Mindful, Authentic, Results-oriented, and Timely. It takes more than great rates to make a great mortgage. It takes the r...
Read More

Home Renovation Loans: Homestyle & FHA 203K Guide

Know Which Home Renovation Loan Suits Your Plans By: Inlanta’s Florida Home Loan Solutions Team The spring real estate market is ramping up in Florida, and for some, there’s no better time to consider a major home improvement project. In a hot market, there are many re...
Read More

Get the Guide: 5 Secrets to Winning in a Tight Real Estate Market

Jonathan Arnold, Branch Manager of Florida Home Loan Solutions with Inlanta, has written the definitive guide to help prospective homeowners find their dream homes and win their bids in the most competitive real estate market in Florida history. “It’s unbelievable. The...
Read More

Jumbo Mortgage Options

At Inlanta, we’re honored to serve every segment of the Florida mortgage market, from first-time buyers to affluent homeowners or business professionals relocating to Florida who would like to trade up to their dream home or to purchase a luxury oceanfront property. The lat...
Read More

Vacation Home Mortgage Options

Guild Mortgage Inlanta loves helping people escape to vacation homes with highly competitive second home mortgages. Florida homeowners are lucky to live in such a gorgeous state with a plethora of vacation home options available in beautiful settings. Hot properties for Florida va...
Read More

Investor Mortgage Options

Guild Mortgage Inlanta works with many Investor clients to assist them in financing their portfolios of properties throughout Miami-Dade, West Palm Beach, Jackson, Tampa and other Florida cities. Whether you’re a first-time investment property owner seeking to renovate, or y...
Read More
Quick Start