MORE HOMES COMING ON THE MARKET

With the interest rates being lowered more homes are coming on the market which means finally more options for hungry buyers. Over the past few years the inflation has had a grip on our pocketbooks and wallets. The key is to make good decisions in this challenging housing market is to be laser focused on what you need in the years ahead so that you can stay in your home long enough that buying is a sound financial decision. Each person or family situation can differ. So if you are looking to buy or sell a home in 2024 there is good news because this helps affordability. Your homeownership goals are right in front of you. Once again please ensure you credit is well in tact so that you can get the best interest rate possible. Many sellers have decided to re-enter the market.

WHAT THIS MEANS

A reduction in interest rates could alleviate the lock-in effect and help lift homeowner mobility. Indeed, interest rates have recently declined, falling by a full percentage point from October to November 2023. This further decreases would reduce the barriers to moving and giving homeowners looking to sell a newfound sense of urgency. Which again gives fresh options of more pool of homes to choose for all homebuyers to choose from.  Also new construction has ramped up and added to the housing industry which will make the summer of 2024 a more relaxed environment for home seller's and homebuyer's. Check with your trusted advisor to see what is happening in your local housing market once you are ready to sell or purchase a home. The perfect home could be the one you perfect even after buying. 

TRUSTED ADVISOR 

As a trusted advisor, professional realtor and military veteran I am here to serve you in the Dr. Phillips and Central Florida housing market to purchase or for the sale of your home. In the absence of trustworthy information whether its 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 to ensure you are making the right decision.

Part of my job is to keep you informed and educated of the local housing market trends, pricing and inventory level, buying information on the buying and selling process to include common real estate terms and videos. It is important to keep updated on the market trends, don't get confused with the media, they talk national data, I can provide the most up to date local area data.

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 looking for a home, look for your realtor with the heart of a teacher. If you are ready to start your journey, contact Kevin Strawter today at 850 496-6412 to begin a new walk to homeownership and all your real estate needs. Always taking referrals.