SELLING MY HOME

Selling my home in post pandemic era 2023 can be somewhat disturbing. Despite interest rates has doubled along with inflation, many people have curbed their extra curriculum activities. Along with gas and food prices increase there are many still like to sell their home to increase the housing market. For the month of February 2023 home stayed on the market up to three weeks before landing a contract. The typical mortgage rate is well over six percent. As a result, many homeowners are opting to stay put instead of moving into another home with a higher borrowing cost. This is a situation known as being rate locked. Click on link to learn more about planning to sell my home /PLANNING-TO-SELL-MY-HOME-6-23954.html

When so many homeowners are rate locked and reluctant to sell, its a challenge for a housing market that needs more inventory. However, experts projects mortgage rates will fall sometime this year and that could trigger more buyers will be willing to buy as sellers put more homes on the housing market. Click link to learn more about are you ready to sell your home /ARE-YOU-READY-TO-SELL-YOUR-HOME---32819---32836---Dr-Phillips-6-18834.html

FEAR OF NOT FINDING A HOME

Many home sellers have the fear of not finding a home to move in after selling their home. This is the main factor that are holding back a homeowner to list their home for sale. This cause have left many seller's on the fence as they wait for more homes to come back on the housing market. That is why if you are on the fence about selling your home it's important to consider all of your options. This includes new construction that has now picked up dramatically in Central Florida and the Dr Phillips area and offering great concessions such as mortgage rate buy downs. These two topic venues are keeping the supply of homes for sale lower than the pre pandemic levels.

Now if you want to sell your home in today's housing market you are in  a sweet spot that can now work to your advantage. Over 48 percent of homeowners that has mortgages are equity rich with loan balances secured by those properties was no more than 50 percent of their estimated market values.

This could make a major difference to learn how you can use this to your advantage by putting your equity to work in your existing home and home you like to purchase. There is an art to this as a seasoned realtor. As mortgage rates come down, expect more homes to come on the market. Contact a trusted advisor.

TRUSTED ADVISOR

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 the 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 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.. 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. Tik Tok Kevin Strawter each Friday for a highway of information. Click link to learn more about Kevin /ABOUT-KEVIN-STRAWTER-P-A---MRP--GRI--ABR-6-14330.html