Inquire today on foreclosed or bank owned homes while they can produce more abundantly as we enter deep into the pandemic season in Dr. Phillips. There are still some good deals out there but you must grab them quickly as they go fast in this Central Florida hot area. Big banks are still trying to unload for write offs so write let me help you in finding that fantastic deal and we write that contract today before it is gone tomorrow!
As we entering into the third quarter 2022 in this pandemic, looks like the housing market may get flooded with a wave of foreclosures and short sales. With many lost jobs and laid off, the government is doing the best they can do to help all homeowners in all aspects. This is not going to be an easy task, it's not only us this impacts, it's the whole world. This was brought up in an office business meetings to get prepared for the new future for a timeframe. Unfortunately the writing is on the wall.
The whole housing market is in for a major revamp and overhaul as Central Florida stands in serious shift in the housing market. Inventory on new construction homes is not holding to meet the demand 2019 through mid 2022. It's obvious that the essential workers with good to excellent credit with money saved are getting good deals.
With record breaking interest rates below 3 percent for some time opened doors for those who could not afford to buy a home. And now the spike in the interest rates of .75 percent should eventually open doors to buyers as seller lower their prices. So now many homeowners that are losing their jobs cannot pay their mortgages. Without a job you cannot modify your loan due to no income. This leads to pre foreclosure that spirals into foreclosure.
This window we are entering is a memory of the bubble bursting in 2006 with bad loans written to the banks best interest. Contact me today as a trusted advisor and professional realtor at 407 479-8583 for your personal list of short sales and foreclosure good deals. Facebook Kevin Sells Florida and Kevin Selling Florida. Click here to learn more about Kevin Strawter /ABOUT-KEVIN-STRAWTER-P-A---MRP--GRI--ABR-6-14330.html