Home prices in many parts of America have fallen up to 20% and others are still get above asking prices. Yes sellers in certain parts of the country are showing home prices are rebounding. As of July17th 2023, if you are following the news today the national level has you somewhat unsure on what is happening with home prices and fear whether or not the worst is over or not. Some may think the headlines are painting an unnecessarily negative picture. Yes prices have dropped some, of course after the 2020-2022 season we rode out. Now reality of the new norm is here possibly for quite some time and sounding like the worst is behind us. There are many homebuyer opportunities click link to learn more /HOMEBUYER-OPPORTUNITY---32819---32836---Dr-Phillips-6-22987.html
For buyers, if you have been holding off on buying because you are concerned you need to count up the cost of waiting, click link to learn more /THE-COST-OF-WAITING---32819---32836---Orlando-Florida-6-22532.html
Experts believe the reason why the market did not crash is because it's just as opposite of 2005. In 2005 the housing market flooded with foreclosures and homes on the housing market everywhere with reduced prices. 2023 there are not enough homes on the housing market and buying of homes are in high demand and on the rise again. The decline in home prices that began in June 2022 and ended in January 2023. There are now more buyers looking for homes to buy with super low inventory, even with higher mortgage interest rates that has took the steam out of rising prices. Demand for homes continues to outpace the supply which keeps the pressure on home prices in many parts of America and can be a huge game changer in many areas. Many are still concerned from 2022 why the housing market not crashing, click link to learn more /WHY-HOUSING-MARKET-NOT-CRASHING-2023---32819---32836---Dr-Phillips-6-25390.html
Lean on your trusted advisor.
As a trusted advisor, professional realtor and retired veteran I am here to serve you and always on the pulse of the housing market for the Dr Phillips and Central Florida area. Always in tuned, educated and connected in this volatile housing market to purchase or for the sale of your home. In the absence of trustworthy information whether it's a housing crisis or local housing market, real estate decisions are increasingly being driven by fear, uncertainty and doubt. We as trusted advisors drive the real estate community and always preaching the truth of real estate. I emphasize that education is a must for the community to ensure you are making the right decision.
Part of my job is to keep you educated of the local housing market and trends, information on the buying and selling process to include real estate common terms and videos. Don't get confused with the news, they talk about national level data, I can provide the most current up to date local area data.
So don't let this shifting housing market delay your dreams, data reveals home values typically appreciate over time and that gives your net worth a nice boost. When you are getting help with a home, look for your realtor with the heart of a teacher. If you are ready to start your journey, contact me today at 850 496-6412 to help begin a new walk to homeownership and all your real estate needs.