Home Prices for 2023 was as not predictable with so much of the unknown ahead. Many thought recession, however it was proven that we were not in the same state of housing bubble in 2005. Clink link to see more are we in a housing bubble /ARE-WE-IN-A-HOUSING-MARKET-BUBBLE---32819---32836---Dr-Phillips-6-22953.html
Many would say we can see huge drop in prices which can be a repeat in 2008 but this was not the case we have a housing shortage versus an abundant of foreclosures, short sales and almost double equity as history reports which is completely opposite. Currently 2023 first quarter reports demographically that some homes prices appreciated and some declined. There has to be something other than the Federal Government alone that will swing the housing market around. Click link to learn more about economic slowdown /ECONOMIC-SLOWDOWN---32819---32836---Dr-Phillips-6-22903.html
Here are some other good thought on how to help turn this housing market around. Buying a home helps you escape the cycle of rising rent. No matter how you look at it, rent is going up. Homeownership is a hedge against inflation. A key advantage of homeownership is that it's one of the best hedges against inflation. When you purchase a home, this stabilizes on of the largest monthly payment on a fixed rate mortgage. Another hedge against inflation is that homeownership is a huge wealth building tool. In today's economy, it is still best to buy versus rent with the unknown on the horizon from renting. Interest rates will go down. Click link to learn more about inflation /INFLATION---32819---32836---Dr-Phillips-6-22829.html
This is where you can start investing in your primary residence or be a landlord for an investment property to start your portfolio for steady appreciation and streamline income with a trusted advisor.
As a trusted advisor, professional realtor and military veteran I am here to serve you and always on the pulse of the housing market for Dr Phillips and the Central Florida area. Always stay in tuned, educated and connected in this volatile housing market to purchase or for the sale of your home. In the absence of trustworthy up to date information, 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. 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 of your real estate needs. Always serving veterans, from one veteran to another. Helping understand a VA loan is a plus. Click link to understand benefits of a VA Loan /BENEFITS-OF-A-VA-LOAN---32819---32836---Dr-Phillips-6-18640.html Click link to learn more about Kevin /ABOUT-KEVIN-STRAWTER-P-A---MRP--GRI--ABR-6-14330.html