Drew Saporito's Blog Posts

25% of Homes with a Mortgage are Now Equity Rich! Jupiter FL

Rising home prices have been in the news a lot lately and much of the focus has been on whether home prices are accelerating too quickly, as well as how sustainable the growth in prices really is.

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Rising Home Prices Help Build Family Wealth Jupiter FL

As Jupiter, FL home prices continue to appreciate, many potential buyers and sellers aren't sure what it really means for them. It's important to understand, however, that rising prices also means

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Home Prices: The Difference 5 Years Makes

CoreLogic recently released their Home Price Index Report. One of the key indicators used in the report to determine the health of the housing market was home price appreciation. 

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Home Prices Have Appreciated 6.9% in 2018 Jupiter FL

"Jupiter, FL Median Sales Price "Year To Date" is +10.9%"Between 1987 and 1999, which is often referred to as the ‘Pre-Bubble Period,’ home prices grew at an average of 3.6% according to

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Top 3 Myths Holding Back Buyers -Video -Jupiter FL

Many buyers are worried about finding a home they like or being able to afford a home as interest rates continue to rise. If you're a potential homebuyer who's on the sidelines because of what you

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What Does the Future Hold for Jupiter FL Home Prices?

Home prices are at the top of everyone’s minds. Can they maintain their current pace of appreciation? Will rising mortgage rates negatively impact home values? Will the next economic slowdown

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Jupiter FL Real Estate Market Report - July 2018

Housing price bubble chatter has increased this summer, as market observers attempt to predict the next residential real estate shift. It is too early to predict a change from higher prices and

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Jupiter FL Real Estate Market Report - June 2018

June 2018 Housing markets across the nation are most assuredly active this summer, and buyer competition is manifesting itself into several quick sales above asking price. While the strength of the.

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What Does the Recent Rash of Price Reductions Mean to the Jupiter Real Estate Market?

Last week, in a new report from Zillow, it was revealed that there has been a rash of price reductions across the country. According to the report:There are more price cuts now than a

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Economic Slowdown

The experts agree that the next economic slowdown is on its way, but that doesn't mean that the housing market will be affected. Let's get together to go over the differences between an economic

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What State Gives You the Most ‘Bang for Your Buck’?

Some Highlights:The majority of states in the Midwest and South offer a lower cost of living than states in the Northeast and West.The ‘biggest bang for your buck’ comes in Mississippi

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5 Real Estate Reality TV Myths Explained

Have you ever been flipping through the channels, only to find yourself glued to the couch in an HGTV binge session? We’ve all been there, watching entire seasons of “Love it or

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The Cost of Waiting to Buy Your Jupiter, FL Home

Interest rates are projected to increase steadily heading into 2019.The higher your interest rate, the more money you end up paying for your home and the higher your monthly payment will be.Rates

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Housing Market: Another Huge Difference Between 2008 and 2018

Some are attempting to compare the current housing market to the market leading up to the “boom and bust” that we experienced a decade ago. They look at price appreciation and conclude

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Supply & Demand Will Determine Jupiter's Future Home Values

Will home values continue to appreciate throughout 2018? The answer is simple: YES! – as long as there are more purchasers in the market than there are available homes for them to buy. This is

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Is Jupiter Housing Affordable?

As Jupiter home prices continue to rise due to a lack of inventory, many people are becoming more concerned about housing affordability. Taking a look at NAR's Housing Affordability Index puts that

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Are Lending Standards Propping Up Home Prices in Jupiter FL?

Back in 2005, Federal Reserve Chairman Alan Greenspan described the dramatic increases in residential real estate values as a “froth in housing markets.” Greenspan went on to say:&ldquo

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3 Things You'll Need to Get a Home Loan -Jupiter FL

There are many misconceptions out there when it comes to qualifying for a home loan. Whether it's down payment or credit, let's get together today so I can walk you through the process. You may be

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You Need a Jupiter Realtor Who Will Always Put You First

Whether you are a rookie homebuyer or have gone through the process many times, having a Jupiter local real estate expert who is well versed in the neighborhood you are looking to move to, as

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Americans Rank Real Estate Best Investment for 5 years Running -Jupiter FL Real Estate-

Some Highlights:Real estate has outranked stocks/mutual funds, gold, savings accounts/CDs, and bonds as the best long-term investment among Americans for the last 5 years!The generations agree! Real

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Thinking of Selling? Act Now! Jupiter FL

Buyer demand continues to outpace the supply of homes for sale across the country / Jupiter FL and it does not appear to be slowing down. If you are debating whether or not to list your house for

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Selling Your Jupiter Home? Here’s 2 Ways to Get the Best Price!

Every homeowner wants to make sure that they maximize their financial reward when selling their Jupiter FL home, but how do you guarantee that you receive the maximum value for your house?Here are

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Lack of Listings Slowing Down the Market Jupiter FL

As the real estate market continues to move down the road to a complete recovery, we see home values and home sales increasing while distressed sales (foreclosures and short sales) continue to fall

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America's Choice Best Long Term Investment (Jupiter FL)

Gallup surveyed Americans on their choices for best long-term investments, and reveals the stability of housing as a long-term investment.Free E-Guides Buyers Guide | Sellers

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Jupiter FL Housing Will Not Fall Victim to Next Economic Storm

Some experts are calling for a slowdown in the economy later this year and most economists have predicted that the next recession could only be eighteen months away. The question is, what impact

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Demand for Homes to Buy Continues to Climb in Jupiter FL

Across the United States, there is a severe mismatch between the low number of houses for sale and the high demand for those houses! First-time homebuyers are out in force and are being met with a

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Jupiter FL Home Prices - The Difference 5 Years Makes

Every day, thousands of homeowners regain positive equity in their homes. You may have enough equity to sell your house and move on to your dream.

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Rising Interest Rates Have Not Dampened Demand in Jupiter FL

Since the beginning of the year, mortgage interest rates have risen over a half of a percentage point (from 3.95% to 4.52%), according to Freddie Mac. Even a small rise in interest rates can greatly

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The #1 Reason to List Your Jupiter FL House for SALE NOW!

If you are debating whether or not to list your Jupiter, FL house for sale this year, here is the #1 reason not to wait!Buyer Demand Continues to Outpace the Supply of Homes for SaleThe 

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Buying In Jupiter, FL This Summer? Be Prepared for Bidding Wars

Summer is traditionally a busy season for real estate in Jupiter, FL. Buyers come out in force and homeowners list their houses for sale hoping to capitalize on those buyers who are looking to

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4 Reasons to Sell Your Jupiter FL House

Is this summer the right time to sell your Jupiter Fl home? Wondering if you should put your house on the market today? Check out his video for the best reasons to list your house this

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How A Lack of Inventory Impacts the Jupiter FL Housing Market

The housing crisis is finally in the rear-view mirror as the real estate market moves down the road to a complete recovery. Jupiter Home values are up, home sales are up, and distressed sales

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The Seller's Road Jupiter FL Real Estate

Meet with a Real Estate Professional: There's no commitment required on your part for the initial meeting. It will be educational and help you identify your next steps.  Establish a Price: Your

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Priority Tasks before you Move into your Jupiter FL Home

Moving into a new home is an exciting time, and you’re probably daydreaming about decor and paint schemes and new furniture. But before you get into the fun stuff, there are some basics you

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Days on The Market Drops to New Low in April

According to recently released data from the National Association of Realtors (NAR), the median number of days that a home spent on the market hit a new low of 26 days in

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Homeowners & Appraisers See the Most Eye-to-Eye on Price in 3 Years

In today’s housing market, where supply is very low and demand is very high, home values are increasing rapidly. Many experts are projecting that home values could appreciate by

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Will Home Prices Fall as Mortgage Rates Rise?

Mortgage interest rates have increased by more than half of a point since the beginning of the year. They are projected to increase by an additional half of a point by year’s end. Because of

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Millennials Are Skipping Starter Homes for Their Dream Homes

A new trend has begun to emerge. With home prices skyrocketing in the starter home category, many first-time homebuyers are skipping the traditional starter homes and moving right into their dream

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Don’t Wait to Sell Your House! Buyers Are Out Now

Recently released data from the National Association of Realtors (NAR) suggests that now is a great time to sell your home. The concept of ‘supply & demand’ reveals

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Access: An Important Factor in Getting Your House SOLD!

So, you’ve decided to sell your house. You’ve hired a real estate professional to help you through the entire process, and they have asked you what level of access you want to

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Real Estate Tops Best Investment Poll for 5th Year Running

Every year, Gallup surveys Americans to determine their choice for the best long-term investment. Respondents are given a choice between real estate, stocks/mutual funds, gold,

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How Current Interest Rates Can Have a High Impact on Your Purchasing Power

According to Freddie Mac’s latest Primary Mortgage Market Survey, interest rates for a 30-year fixed rate mortgage are currently at 4.61%, which is still near record lows

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5 Ways Tax Reform Has Impacted the 2018 Housing Market

Starting late last year, some predicted that the 2018 tax changes would cripple the housing market. Headlines warned of the potential for double-digit price depreciation and suggested that buyer

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