HOME SALES

Home sales since the ninth spike in the mortgage interest rates since June 2022 has caused eager homebuyers and investors to stop and rethink their plans on a purchase, depending on which way the structure of the federal government may sway. American consumers are struggling to shoulder the burden of financial stress that is generated by the current economy crisis. Financial stress has taken a huge burden on many people worldwide. Some may say 60% of American adults are struggling paycheck by paycheck which forces to get a part time job or side job to help cover additional expenses.This forces many families to concentrate on needs, not wants.

Inflation is a huge factor in decision making on a large purchase. Many say buy now and refinance later because the mortgage interest rates will go down. Property taxes is a huge player when it comes to a home purchase because they will go up. The cost of living is just unbearable for many. Some political decisions may not be sound economic decisions. Clearly what is going on in the economy affects the home buying market and very emotional. 

CONTINGENCIES

This wave of sellers have considered and settled by accepting certain contract contingencies due to the market unrest with mortgage interest rates. This was no where in the picture this time last year. Contingencies keeps the doors open for buyers and sellers, especially if it is something simple and truly promising in your heart. Confide in your trusted advisor and realtor.

TRUSTED ADVISOR

As a trusted advisor, professional realtor and retired military man I am here to serve you and always on the pulse of the housing market for the Disney, Dr Phillips and Central Florida area. Always stay in tuned, educated and connected in this volatile housing market to purchase or 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.