Inflation in 2023 is the question for many tax paying United States citizens. With all has been going on in the last two years in the political arena and Russia war with Ukraine. So much is undetermined. Many are wondering should I sell, should I buy or should I just wait? Since the pandemic this has played a vital and financial part in taxpayers lives. Businesses have down-sized, employees now still working from home, deaths, shut down and the list goes on. Cost of living have soared sky high and beyond affordability. Gas prices soared over 60%, food and commodities with record breaking prices at least doubled. Americans are wondering on how can I get around this with the same income that has not increased.
Many economist truly believed this would ease in 2022. The Federal Government is still fighting to tame inflation. Central Florida and the Dr Phillips housing market currently is not taking a major hit with price reductions, just staying longer on the market. The Disney Theme Parks keeps families coming to the area year round and the area has a lot to offer. Lenders now have now shifted in lending products to offer homebuyers to qualify for homes. We are approaching another economic slow down, click link to learn more /ECONOMIC-SLOWDOWN---32819---32836---Dr-Phillips-6-22903.html
Services to the public has nearly doubled. Building materials has doubled for all homes that are being built. With COVID supply chains and employees quitting that cannot service the ships bringing goods to shore caused a major backlog. This cost passes on to the homebuyer along with rising interest rates. So back to the question, how can homebuyers afford a home to buy? In the real estate business it was tough to price homes to sell for a profit based on fluctuating prices, this affected the whole nation. There are some signs that this will taper off since the interest rate spike that started in June 2022 but still complicated.
As a trusted advisor, professional realtor and retired military 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 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 decisions. So don't let this shifting housing market delay your dreams, data reveals homes typically appreciate over time and that gives your net worth a nice boost. 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. Click link to learn more about Kevin Strawter /ABOUT-KEVIN-STRAWTER-P-A---MRP--GRI--ABR-6-14330.html