Now Is The Time To Keep Looking For Your Dream Home...

Edgar DeJesus • August 24, 2021

Many preapproved buyers are exhausted from looking for a new home for obvious reasons.

  1. Low inventory
  2. High home purchase prices
  3. Too much competition when making an offer


Don’t worry if you’re not a number or data person.


A few key takeaways from the article listed below:


  1. More homes are up for sale
  2. Fewer buyers in the market since school has started back up
  3. Rent prices are only continuing to rise


If you have been recently preapproved and have not found a home, reach out to me. I would love to introduce you to the absolute best real estate agent we know in the marketplace.


Let us help you now since more homes are up for sale, and there is slightly less competition when making an offer, and owning a home means you no longer have to deal with increasing rent prices.


Original Source: WSJ.com

U.S. Home Sales Rose 2% in July Amid Higher Inventory


Median price was $359,900, easing from a record level in prior month


By Nicole Friedman

Updated Aug. 23, 2021 1:40 pm ET


The U.S. housing market remained strong in July, with sales of previously owned homes rising at a faster pace than the prior month as high prices prompted owners to put more properties on the market.


Sales rose 2% in July from the prior month to a seasonally adjusted annual rate of 5.99 million, up from a revised 1.6% gain in June, the National Association of Realtors said Monday. July sales were up 1.5% from a year earlier.


Still, the chaotic market is showing signs of calming down—especially for higher-priced homes—with prices easing slightly and the inventory of homes for sale increasing last month.


In recent weeks, she said, the market has slowed a bit as more inventory has come up for sale and potential buyers are busy with the start of the school year. Rising prices have also priced out some buyers, she said.


“I’ve worked with many first-time home buyers, and you could find them something under $200,000 all day,” she said. “That is challenging now.”


Surging home prices are contributing to demand for rental units and pushing up rent prices around the U.S.


Tiffany and Martin Harrison were frustrated with the lack of inventory when they began shopping in Middletown, Del. They wanted to buy a house over the summer before their children started school.


“What it began to feel like was that we might end up in a townhome…if we wanted to stay in this area,” Ms. Harrison said. The family bought a house for $389,000 in July, but “this was the only four-bedroom single-family home [on the market] that was in our price range,” she said.


While the market could continue to cool in the coming months, economists expect ultralow interest rates and a strengthening economy to underpin demand.


Any slowdown in price gains could also prompt potential buyers who have been waiting on the sidelines to jump back into the market. The Federal Reserve Bank of Atlanta’s homeownership affordability index declined 11.9% in June from a year earlier to the lowest level since 2008, as rising housing prices outweighed the benefit of lower interest rates.


If you have been recently preapproved and have not found a home, reach out to me. I would love to introduce you to the absolute best real estate agent we know in the marketplace.


Let us help you now since more homes are up for sale, and there is slightly less competition when making an offer, and owning a home means you no longer have to deal with increasing rent prices.


Start your pre-approval

Get Ebook

Call or text 561-223-9347 or email edgar@treasurecoasthomeloans.com to discuss your loan. 


Loan approval is not guaranteed and is subject to lender review of information. All loan approvals are conditional and all conditions must be met by the borrower(s). A loan is only approved when the lender has issued approval in writing and is subject to all lender conditions. Any specified rates and terms are contingent upon loan approval and are subject to change without notice due to unpredictable market conditions. Innovative Mortgage Services, Inc. is a Florida licensed lender. Company NMLS #250769. Originator NMLS # 230414. Florida Mortgage Lender License, License/Registration #: MLD178 Florida. Mortgage Lender Servicer License, License/Registration #: MLD2167 Equal. Equal Housing Lender 

⚡ 7-Minute Pre-Approval

Start Your Mortgage Application

Ready to make your move? Apply securely with Treasure Coast Home Loans, your local mortgage broker. We make the process fast, simple, and transparent so you can shop for your new home with absolute confidence.

Free Search Tool

Unlock Down Payment Assistance

Did you know there are hundreds of state and local programs designed to help Florida buyers cover their down payment and closing costs? You could qualify for thousands of dollars in assistance. Answer a few quick questions to see exactly what programs you are eligible for right now.

Mortgage Broker Port St. Lucie, Florida

Learn More About the Mortgage Process.


Check Out Our Google Verified Reviews

Compradores de vivienda de Florida aprendiendo sobre línea de tiempo de proceso de pre-aprobación
By Edgar DeJesus May 21, 2026
Aprende cuánto tiempo toma la pre-aprobación hipotecaria en Florida. La mayoría de compradores son aprobados en 24-72 horas con documentación completa. Línea de tiempo de pre-aprobación, documentos requeridos, y cuánto tiempo es válida en Tampa, Royal Palm Beach, Port St. Lucie, Fort Pierce con el experto hipotecario
Florida homebuyers learning about mortgage pre-approval timeline process and required documents
By Edgar DeJesus May 21, 2026
Learn how long mortgage pre-approval takes in Florida. Most buyers get approved in 24-72 hours with complete documentation. Pre-approval timeline, required documents, and how long it’s valid in Tampa, Royal Palm Beach, Port St. Lucie, Fort Pierce with Florida’s trusted mortgage expert.
Compradores de vivienda de Florida aprendiendo sobre desglose de costos de cierre incluyendo tarifas
By Edgar DeJesus May 20, 2026
Aprende qué son los costos de cierre al comprar casa en Florida. Desglose completo de tarifas de prestamista, costos de título, gastos prepagados promediando $10,500-$14,000. Cómo reducir costos de cierre en Tampa, Royal Palm Beach, Port St. Lucie, Fort Pierce con el experto hipotecario de confianza de Florida.
Florida homebuyers learning about closing costs breakdown including lender fees title costs prepaid
By Edgar DeJesus May 20, 2026
Learn what closing costs are when buying a house in Florida. Complete breakdown of lender fees, title costs, prepaid expenses averaging $10,500-$14,000. How to reduce closing costs in Tampa, Royal Palm Beach, Port St. Lucie, Fort Pierce with Florida’s trusted mortgage expert.
Compradores de vivienda de Florida aprendiendo sobre requisitos y opciones de enganche incluyendo
By Edgar DeJesus May 19, 2026
Aprende cuánto enganche realmente necesitas para comprar casa en Florida. FHA 3.5%, Convencional 3%, VA 0%, USDA 0% enganche. Programas de asistencia de enganche disponibles en Royal Palm Beach, Port St. Lucie, Fort Pierce con el experto hipotecario de confianza de Florida.
Florida homebuyers learning about down payment requirements and options including 3%, 5%, 10%
By Edgar DeJesus May 19, 2026
Learn how much down payment you really need to buy a house in Florida. FHA 3.5%, Conventional 3%, VA 0%, USDA 0% down. Down payment assistance programs available in Royal Palm Beach, Tampa, Port St. Lucie, Fort Pierce with Florida’s trusted mortgage expert.
Clave SEO Primarias: qué puntaje de crédito necesito para comprar casa, puntaje de crédito mínimo
By Edgar DeJesus May 18, 2026
¿Qué Puntaje de Crédito Necesitas Para Comprar Casa en Florida 2026? | Royal Palm Beach, Tampa, Port St. Lucie Aprende los requisitos reales de puntaje de crédito para comprar casa en Florida. FHA 580, Convencional 620, préstamos VA, y cómo mejorar tu puntaje rápido en Royal Palm Beach, Tampa, Port S
what credit score do I need to buy a house, minimum credit score for mortgage
By Edgar DeJesus May 18, 2026
What Credit Score Do You Need to Buy a House in Florida 2026? | Royal Palm Beach, Tampa, Port St. Lucie Learn the real credit score requirements to buy a house in Florida. FHA 580, Conventional 620, VA loans, and how to improve your score fast in Royal Palm Beach, Tampa, Port St. Lucie, Fort Pierce w
By Treasure Coast Home Loans May 13, 2026
Florida first-time homebuyers can lose $38,000 to preventable mortgage mistakes. Learn the top 5 errors and how to avoid them with Treasure Coast Home Loans.
28 36 rule mortgage, how much house can I afford with my salary, first time buyer affordability, deb
By Edgar DeJesus May 13, 2026
Meta Title: How Much House Can You Afford in Florida? Real Income Calculator | Royal Palm Beach, Tampa, Port St. Lucie Calculate exactly how much house you can afford in Royal Palm Beach, Tampa, Port St. Lucie, Fort Pierce. Learn the 28/36 rule, income requirements, and hidden costs with Florida’s