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

Listing Search

INFLATION | 32819 | 32836 | Dr Phillips

NEXT
PREV

INFLATION

Defining the word inflation is nothing more than a persistent, substantial rise in the general level of prices related to an increase in the volume of money and resulting in the loss of value of currency. You're also likely feeling the impact in your day to day life as prices go up for gas, groceries along with other items. You are likely feeling the impact in your day to day life as you watch the cost of goods and services climb. These rising consumer cost can put a pinch in your wallet or pocketbook to make you have second thoughts on any major purchases that you may have had plans for. All and all inflation refuse to budge in many areas of the economy.

Inflation has cooled after June, July and September spike in the interest rates and mortgage rates has risen over 6% as we speak in September 2022. Gas prices has dropped after the spike in the interest rates. The Feds warn even more that the economy will get worse. As consumer prices up 8.55 in July, however gasoline prices help offset the cost a bit. Electricity bills are expected to climb by 17% this winter from 15.8 August 2021 as per the National Energy Assistance Directors Association. Click here to learn more about the economic slow down /ECONOMIC-SLOWDOWN---32819---32836---Dr-Phillips-6-22903.html

Inflation is the enemy of long term interest rates.

Rising rates and inflation pose challenges during this process, prices rises across the board throughout the nation and world. Inflation should not stop you from buying a home. However with the spike in interest rates to cool demand and by discouraging borrowing and spending to slow down inflation. With a housing market correction /HOUSING-MARKET-CORRECTING---32819---32836---Dr-Phillips-6-22828.html this will bring the housing market out of sub standard conditions. As the rising inflation and mortgage rates bring the U.S. housing demand back from the 2021 frenzy, the inventory should grow double digits over and offer buyers a better than expected chances to purchase a home.

Truly pay close attention making financial decisions taking on too much debt. 

It's promising that the home purchase inventory will improve. Nearly 30% more homes as of July 22, 2022 are available for sale since this past January 2022. This is great news for homebuyers.

REAL ESTATE

Purchasing real estate and homeownership can shield you from inflation, it also offers stability and security. Rental prices and home prices are also on the rise. So as a buyer, how can you protect yourself from increasing cost? The answer is homeownership. Purchasing a home allows you to stabilize what typically your biggest monthly expense and a housing cost. Getting a fixed interest rate on your home, you secure your monthly payment for 15 or 30 years. Expect to see this housing market turning into a buyer's market

A fixed mortgage rate allows you to maintain the biggest portion of housing expenses at the same payment. Of course property taxes will rise and other expenses right behind that, however monthly housing payment remains the same and helps keep you within your budget. Many are wondering if the housing market will crash, click here to learn more /WILL-HOUSING-MARKET-CRASH---32819---32836---Dr-Phillips-6-23070.html

Renting, you do not have the same benefit and unprotected from rising housing cost.

HOME PRICE APPRECIATION

It is true that mortgage rates and home prices mean buying a house today easily cost more than it did a year ago. You still have an opportunity to get in the driver's seat to accomplish your long term goal to homeownership. It is time to invest your dollars that will grow and hold value. Home prices statistics show that prices will continue to rise from here on. As home values climb, your equity does too. Lock in today to homeownership. Click here to learn more about home prices appreciation and depreciation /HOME-PRICE-APPRECIATION-AND-DEPRECIATION---32819---32836---Dr-Phillips-6-23079.html

Equity can be a game changer if you are deciding to purchase a home, to find out how have in your current home you can use it into your next home purchase.

Serving Dr Phillips and Central Florida. Trust your local home advisor Kevin Strawter, stay connected and contact me at 850 496-6412 or email kevinstrawter@gmail.com to steer you in the right direction. Click here to know more about Kevin Strawter /ABOUT-KEVIN-STRAWTER-P-A---MRP--GRI--ABR-6-14330.html


  • INFLATION | 32819 | 32836 | Dr Phillips
  • INFLATION | 32819 | 32836 | Dr Phillips

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 3/19/23 8:18 PM) |
Featured Listings
Orlando Real Estate
$1,299,000
5 BED
5 BATH
This stunning two-story home, situated in one of the most coveted neighborhoods in Dr. Phillips, exudes both style and... Read More
Orlando Real Estate
$699,900
4 BED
2 BATH
Great 4-bedroom, 2-bathroom Pool home on 1 full acre private Tropical Oasis lot with no HOA in Dr Phillips. Home is fu... Read More
Orlando Real Estate
$550,000
3 BED
2 BATH
JUST LISTED!! Beautiful fully furnished 3/2 condo located at Vista Cay. Nice floor plan with dining and living room sepa... Read More
Orlando Real Estate
$835,000
4 BED
3 BATH
Beautiful house!! Immaculate and stunning pool home in the **EXCELLENT LOCATION** of Dr. Phillips sought-after Buena Vis... Read More
Orlando Real Estate
$949,900
5 BED
4.5 BATH
Stunning home, loaded with upgrades located behind the gates of Phillips Reserve. Enjoy unmatched convenience to Unive... Read More
Orlando Real Estate
$449,000
3 BED
2 BATH
This house has the full potential to become your Dream's Home! It needs repairs but LOCATION is a MUST, in the heart of... Read More
Orlando Real Estate
$375,000
3 BED
2 BATH
Brand-new roof will be installed before closing. Welcome home to this one-story home in the highly desirable community o... Read More
Orlando Real Estate
$1,298,000
3 BED
2.5 BATH
In the desirable Bay Hill neighborhood you will find this fully renovated gem that radiates luxury and sophistication at... Read More
Orlando Real Estate
$665,000
4 BED
3 BATH
Welcome home! Sitting on a spacious lot at the end of the cul-de-sac, this beautiful estate is filled with eye catching... Read More
Orlando Real Estate
$148,000
1 BED
1 BATH
Don't miss out on this incredible investment opportunity in Orlando! Located just off International Drive, this stunnin... 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 -2023 drphillips.info - all rights reserved. | Site Map | INFLATION | 32819 | 32836 | Dr Phillips