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LOW HOUSING INVENTORY | 32819 | 32836 | Dr. Phillips

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LOW HOUSING INVENTORY

There has been low housing inventory now for two over two years since pandemic. Interest rates were very low for two years that created a buying frenzy which made sense. If you still want to sell your home in 2003 now is the time. New construction is trying to catch up with the housing market, however not fast enough. The rising rent is almost forcing families to purchase a home or multi-generation homes. Click link to learn more about multi-generational homes /MULTIGENERATIONAL-HOMES---32819---32836---32819-6-24948.html

Housing market is not as quite where we were two years ago despite the cool-down phase we entered since June 2022 with the initial spike in the interest rates which dramatically slowed the home-buying craze. At this point it is not as clear what direction the economy is going in due to the 2023 deficit crisis of June 2023. 

Homes can be empty for several reasons, if an area has a high vacancy rate, this does not mean that there is something wrong with that particular local housing market.

SELL YOUR HOUSE

If you like to sell your house, now is the time to cash in due to low inventory of 30-40 days is still at large and home-buyer demand is still at large. The days are longer and weather is much warmer. If your needs have changed it is truly the time to capitalize on low housing inventory, multiple offers in the seller's market. You may ask the question will my house sell in todays market? Click link to learn more /WILL-MY-HOUSE-SELL-MY-IN-TODAYS-MARKET---32819---32836---6-23368.html

Low housing inventory is a sweet spot for sellers, today's low housing inventory 2021-2023 is even better now for sellers. Well below more normal years which is good news for you. As per realtor.com on average active inventory in June 2023 was 50.6% below pre-pandemic 2017-2019 levels. 74% of homes went under contract less than 30 days, median days on market is down to 18 days and up to 3.3 average offers on a home. low inventory is why homes that are priced right are still selling quickly and seeing multiple offers.

New construction are offering great incentives and must connect with your best realtor and trusted advisor that is always in the know. Click on link to learn more about benefits of new construction /BENEFITS-OF-NEW-CONSTRUCTION-HOMES---32819---32836---Dr-Phillips-6-19911.html 

TRUSTED ADVISOR 

As a trusted advisor, professional realtor and retired veteran I am here to serve you and on the pulse of the Dr Phillips and Central Florida housing market. 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 whether it's a housing crisis or local housing market , real estate decisions are increasingly 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. 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 sell your house now is a great time because inventory is still low, contact me today at 850 496-6412 to help begin a new walk to closing a chapter and open another while meeting and all of your real estate needs.

 


  • LOW HOUSING INVENTORY | 32819 | 32836 | Dr. Phillips
  • LOW HOUSING INVENTORY | 32819 | 32836 | Dr. Phillips
  • LOW HOUSING INVENTORY | 32819 | 32836 | Dr. Phillips
  • LOW HOUSING INVENTORY | 32819 | 32836 | Dr. Phillips
  • LOW HOUSING INVENTORY | 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 6/17/24 4:51 PM) |
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