Mid America Mortgage Blog

Heading into the Spring Home Buying Season

Yellow colonial home in spring.

Homeowners with properties that have been sitting on the market throughout the winter, take heart – we are now heading into what is traditionally the busiest time of year for home buying. It makes sense in a number of ways that spring is such a popular time for house hunters. Warmer weather makes the whole experience of going from listing to listing more enjoyable, parents with school aged children often try to time a move for after school is out for the summer, and after a long winter spring is a great time to feel excited about making a change.

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Determine A Home Buying Budget

paperwork

  Are you dreaming of a new home? Do you find yourself checking out online listings, stopping in to open houses, and wandering down the streets of your favorite neighborhoods, eyes peeled for “for sale” signs? And do you ever wonder, when looking at a beautiful home, imagining drinking a cup of coffee on the front porch, “Could I actually afford this??” Coming up with a home buying budget is one of the less fun, and certainly less glamorous aspects of the whole process of purchasing a new property, but it is also one of the most important. Whether you

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Home Values in Florida Continue to Recover

  Mortgage News Daily reports that according to the Black Knight Home Price Index (HPI), home prices in Florida cities continued their recovery in December 2013 with some of the largest monthly increases in the country. Home values in Miami increased 1.2 percent compared to the previous month, with average prices for non-distressed sales reaching $240,000. The following Florida cities also saw significant one month gains: Sarasota (0.9 percent) Key West (0.7 percent) Fort Walton Beach (0.6 percent) Lakeland (0.6 percent) Port St. Lucie (0.6 percent) Naples (0.5 percent) Palm Bay (0.5 percent) Though home buying in sunny Florida has

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Lisle, IL 60532
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