Wendy Morris Presents:
The Florida Dream
Wendy Morris Realty
Dr Phillips Luxury Real Estate
407 575 5392
Call Today!

Listing Search

ARE WE IN A RECESSION | 32819 | 32836 | Central Florida

NEXT
PREV

ARE WE IN A RECESSION

Many ask the question are we in a recession? In my humble opinion we are in a housing market shortage solely because the Federal Government kept rate low for too long.  Two years to be exact. Of course it makes sense that homes are flying off the shelf sold at a rapid rate. Our nation has been in the (FOMO) Fear Of Missing Out mode and to add to the current market with spiking interest rates. From my understanding recession is not a housing crisis and with economic slowdown truly does not necessarily mean homes will start losing value. Unfortunately food, oil, gas prices and services have been increasing and inflated at a rapid pace. Gasoline and oil has nearly doubled through this crises. On Wall Street the stock market has been eradicate and sliding with an unknown future. Salary wages are not compatible with the current economical conditions. Gasoline prices are not letting up and home prices will still climb through 2022. It's important to understand history proves an economic slowdown does not equal a housing crisis.

RECESSION 

Defined as two consecutive quarters of negative economic growth and a decline and great compelling of symbolic decline in economic causes across the country. several indicators are lack of employment, lack of reproduction and starts when the economy reaches reaches a peak of economic activity. Past statistics show that we are not currently in a recession and does not necessarily dictates homes will lose value. Speaking plain a recession is not equivalent to a housing crisis.

Reports show that the number of home sales are likely to grow this summer. Looking at it from a buyer perspective, this opens up more doors of opportunity so move swiftly and make your best offer. Looking at it from a seller'd perspective there will be more competition when you put your home up for sale. Inflation is looking like it will drive up mortgage rates and homes continue to appreciate

As for realtor.com experts don't believe the market is in a bubble or crash in 2022. We are suffering a housing shortage that has reached the peak crisis when many millennials are reaching the age when they may start to consider homeownership and will likely keep prices high.

HOUSING CRISIS

The issue resolves around a housing shortage that has created a supply and demand environment in the mist of the pandemic. There is no more affordable housing to include renting. Many renters have turned to trying to purchase a home due to renting is nearly a general mortgage payment amount. The main problem is that there is a very low inventory of affordable homes to rent and to purchase. The unknown in time remains to be told. Connect with a real estate professional to understand even more. Trust your local home advisor Kevin Strawter at 850 496-6412 or email kevinstrawter@gmail.com to steer you in the right direction.


  • ARE WE IN A RECESSION | 32819 | 32836 | Central Florida
  • ARE WE IN A RECESSION | 32819 | 32836 | Central Florida
  • ARE WE IN A RECESSION | 32819 | 32836 | Central Florida
  • ARE WE IN A RECESSION | 32819 | 32836 | Central Florida
  • ARE WE IN A RECESSION | 32819 | 32836 | Central Florida
  • ARE WE IN A RECESSION | 32819 | 32836 | Central Florida

All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independent verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. The source of the listing data is as follows: Stellar MLS (updated 8/8/22 8:44 PM) |
Featured Listings
Orlando Real Estate
$370,000
3 BED
2.5 BATH
Come see this updated townhome in the heart of Dr. Phillips! Right when you walk in you notice the laminate flooring and... Read More
Orlando Real Estate
$490,000
3 BED
2 BATH
Great 3bedroom/2Bathroom condo unit for sale at the well known Vista Cay Resort Harbour Square. Vista Cay offers a great... Read More
Orlando Real Estate
$725,000
3 BED
2 BATH
Have you ever wanted the opportunity to live in one of Orlando's most sought-after areas? Here is your chance! 9959 Kilg... Read More
Orlando Real Estate
$268,400
2 BED
2 BATH
TURN KEY OPERATION! BEAUTIFULLY RENOVATED! START EARNING IMMEDIATELY! EXCELLENT OPPORTUNITY TO OWN A FULLY FURNISHED SHO... Read More
Orlando Real Estate
$375,000
2 BED
2.5 BATH
Welcome home to your desirable and rare Venice floor plan townhome in Sandpointe; quite possibly the most pristine gated... Read More
Orlando Real Estate
$600,000
4 BED
3 BATH
Welcome to the established community of Sand Lake Point in the Dr. Phillips area of Orlando! Tree-lined streets lead yo... Read More
Orlando Real Estate
$575,000
4 BED
3.5 BATH
Stunning Executive Townhome in Dr Phillips. These gorgeous 4/3.5 features a downstairs master, volume ceilings, LVP fl... Read More
Orlando Real Estate
$1,050,000
5 BED
4 BATH
Primo best describes this gorgeous property in Ruby Lake – superb, gated community close to most everything one desires... Read More
Orlando Real Estate
$365,000
3 BED
2 BATH
Spacious 3/ 2 in the heart of Dr. Phillips with granite counter tops, Ceramic tile, laminate. Easy access from attache... Read More
Orlando Real Estate
$1,106,660
4 BED
3.5 BATH
Beautiful Home in desirable Ruby Lakes, the location offers lots of amenities and convenience. The property is centrall... Read More
Contact Kevin Strawter

407 575 5392

Wendy Morris LLC
DBA Wendy Morris Realty
Licensed in the State of Florida
BK 3146762
16797 Broadwater Avenue
Winter Garden, Florida 34787

Your privacy is our utmost concern. We will never sell your personal information. Privacy Policy
©2011 -2022 drphillips.info - all rights reserved. | Site Map | ARE WE IN A RECESSION | 32819 | 32836 | Central Florida