John Harris, Mortgage Lender

John Harris, Mortgage Lender NMLS # 2125723 -Nationwide Low to No Money Down Lending Options at Nationally Competitive Rates

The Right Price MattersThere are several factors that go into pricing your house, and balancing them is the key. That’s ...
06/23/2022

The Right Price Matters

There are several factors that go into pricing your house, and balancing them is the key. That’s why it’s important to lean on an expert real estate advisor when you’re ready to move. A local real estate advisor is knowledgeable about:

• The value of homes in your neighborhood

• The current demand for houses in today’s market

• The condition of your house and how it affects the value

A real estate professional will balance these factors to make sure the price of your house makes the best first impression and gives you the greatest return on your investment in the end.

06/15/2022

😳Don’t make this mistake…

06/13/2022

🪜The 6-step process to winning YOUR best house. 👇

Type SEND IT below to get our complete homebuyers guide 🏡📖

Housing bubble❓👇𝗛𝗲𝗿𝗲 𝗮𝗿𝗲 𝟯 𝗿𝗲𝗮𝘀𝗼𝗻𝘀 𝘁𝗵𝗼𝘂𝗴𝗵 𝘁𝗵𝗮𝘁 𝘁𝗵𝗶𝘀 𝗺𝗮𝗿𝗸𝗲𝘁 𝗶𝘀 𝘁𝗼𝘁𝗮𝗹𝗹𝘆 𝗱𝗶𝗳𝗳𝗲𝗿𝗲𝗻𝘁 𝘁𝗵𝗮𝗻 𝘁𝗵𝗲 𝗵𝗼𝘂𝘀𝗶𝗻𝗴 𝗯𝘂𝗯𝗯𝗹𝗲 𝘄𝗲 𝗲𝘅𝗽𝗲𝗿𝗶𝗲𝗻𝗰𝗲𝗱 𝗮...
06/08/2022

Housing bubble❓👇

𝗛𝗲𝗿𝗲 𝗮𝗿𝗲 𝟯 𝗿𝗲𝗮𝘀𝗼𝗻𝘀 𝘁𝗵𝗼𝘂𝗴𝗵 𝘁𝗵𝗮𝘁 𝘁𝗵𝗶𝘀 𝗺𝗮𝗿𝗸𝗲𝘁 𝗶𝘀 𝘁𝗼𝘁𝗮𝗹𝗹𝘆 𝗱𝗶𝗳𝗳𝗲𝗿𝗲𝗻𝘁 𝘁𝗵𝗮𝗻 𝘁𝗵𝗲 𝗵𝗼𝘂𝘀𝗶𝗻𝗴 𝗯𝘂𝗯𝗯𝗹𝗲 𝘄𝗲 𝗲𝘅𝗽𝗲𝗿𝗶𝗲𝗻𝗰𝗲𝗱 𝗮 𝗹𝗶𝘁𝘁𝗹𝗲 𝗼𝘃𝗲𝗿 𝗮 𝗱𝗲𝗰𝗮𝗱𝗲 𝗮𝗴𝗼...

✅ 𝗛𝗼𝘂𝘀𝗶𝗻𝗴 𝘀𝘂𝗽𝗽𝗹𝘆 𝗶𝘀 𝗲𝘅𝘁𝗿𝗲𝗺𝗲𝗹𝘆 𝗹𝗶𝗺𝗶𝘁𝗲𝗱 🏡

Despite mortgage rates much higher than a year ago, demand remains strong. Inventory of homes for sale is currently running at less than 2 months, a historic low. A healthy inventory is about 6 months, and in 2008 we were actually up to as high as 11 months inventory.

✅ 𝗛𝗼𝗺𝗲𝗯𝘂𝘆𝗲𝗿𝘀 𝗮𝗿𝗲 𝗺𝗼𝗿𝗲 𝗰𝗿𝗲𝗱𝗶𝘁𝘄𝗼𝗿𝘁𝗵𝘆 👍

In 2008, when the housing market crashed, mortgage standards were at an all time low for credit scores and down payment requirements, as well as proving income and assets to purchase. Current guidelines are much stricter, making the borrowers more financially secure.

✅ 𝗛𝗼𝗺𝗲𝘀 𝗵𝗮𝘃𝗲 𝗲𝗾𝘂𝗶𝘁𝘆 📈

Homeowners were pulling out equity back in 2008, causing many to be upside down. This time around equity levels are extremely high, meaning that homeowners could see values decline slightly without concern.

𝗜'𝗺 𝗮𝘃𝗮𝗶𝗹𝗮𝗯𝗹𝗲 𝘁𝗼 𝘀𝗵𝗮𝗿𝗲 𝘄𝗶𝘁𝗵 𝘆𝗼𝘂 𝗵𝗼𝘄 𝘁𝗼𝗱𝗮𝘆'𝘀 𝗹𝗼𝘄 𝗿𝗮𝘁𝗲𝘀 𝗺𝗮𝗸𝗲 𝘁𝗵𝗶𝘀 𝗮 𝗴𝗿𝗲𝗮𝘁 𝘁𝗶𝗺𝗲 𝘁𝗼 𝗰𝗼𝗻𝘀𝗶𝗱𝗲𝗿 𝗯𝘂𝘆𝗶𝗻𝗴 𝗮 𝗵𝗼𝗺𝗲, 𝗲𝘀𝗽𝗲𝗰𝗶𝗮𝗹𝗹𝘆 𝗮𝘀 𝘃𝗮𝗹𝘂𝗲𝘀 𝗰𝗼𝗻𝘁𝗶𝗻𝘂𝗲 𝘁𝗼 𝗶𝗻𝗰𝗿𝗲𝗮𝘀𝗲. 𝗥𝗲𝗮𝗰𝗵 𝗼𝘂𝘁 𝗮𝗻𝘆𝘁𝗶𝗺𝗲!

06/07/2022

🤔What Does It Mean When The FED 📈 “Raises Interest rates” ❓👇

06/02/2022

🏡 Home Buying ❓Here is Where to Start 👇

05/21/2022

Two Key Strategies To Get Your Offer Accepted

HOUSING STARTSHousing Starts increased 0.3% in March at an annualized rate of 1.79M units. Year over year, Starts are no...
04/19/2022

HOUSING STARTS

Housing Starts increased 0.3% in March at an annualized rate of 1.79M units.

Year over year, Starts are now up 3.9%.

Single family, which is most important, decreased by 1.7% are now down 4.4% from last year.

Permits rose by 0.4% last month and are up 6.7% on a year over year basis.

Single family permits fell 4.8% and are down 3.9% year over year.

Speaking to the builder backlog, single family Units authorized, but not yet started, are up almost 15% year over year, while single family completions were down 6.4% last month and 3.3% year over year.

Clearly the single family figures are not what we had hoped for to alleviate some of the inventory issues, but it's important to remember that their are two sides to the coin.

From an economic growth standpoint, tight inventory and less home sales is a negative, but when looking at housing as an investment, tight inventory is supportive of home prices.

Who doesn't want to read about credit⁉️None of us, but it's important and necessary 😁
04/19/2022

Who doesn't want to read about credit⁉️

None of us, but it's important and necessary 😁

Construction Boom Coming❓We know that inventory is a big issue, so the increase in Starts is a welcome sign and should h...
03/29/2022

Construction Boom Coming❓

We know that inventory is a big issue, so the increase in Starts is a welcome sign and should help future inventory levels.

Housing Starts increased 6.8% in February at an annualized rate of 1.77M, which was almost double expectations and the highest in 16 years.

Year over year, Starts are now up 22%. Single family, which is most important, increased by 5.7%.

They are now up almost 14% year over year. Permits fell by 1.9% last month, but are up 7.7% on a year over year basis.

Single family permits fell 0.5%, but are up 5.4% year over year.

Address

3140 Inner Perimeter Road
Valdosta, GA
31602

Website

Alerts

Be the first to know and let us send you an email when John Harris, Mortgage Lender posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Business

Send a message to John Harris, Mortgage Lender:

Shortcuts

Share

Category