Looks like we have entered a new housing bubble April 2023. Current residential real estate demand is driven in part by population which is open to a proverbial recipe for total disaster. Yes there is a housing bubble on the rise. Times has changed since this time last year at present, demographic pressure on housing markets is at it's peak. This implies continued strain on supply in the next several years followed by a long run erosion in demand that can only be reversed by high level of immigration. Experts state that supply will eventually outpace demand. The current bubble in demand is generated by millennials will slowly deflate as baby boomers down-size on living space and age out of the housing market as falling fertility rates mean post-millennial generations expect to be smaller. Click link to learn more about millennial home buying power /MILLENNIAL-HOME-BUYING-POWER---32819---32836---Dr-Phillips-6-23586.html
Click link to see are we in a housing bubble /ARE-WE-IN-A-HOUSING-MARKET-BUBBLE---32819---32836---Dr-Phillips-6-22953.html
The question always looms over are head, is there a housing market crash in 2023? We are currently in a season if many economic and political issues. Inflation, supply chain of food and raw materials, war on horizon with Russia and Ukraine, North Korea and South Korea, China involvement with American currency and Chinese spy balloons and 2024 presidential running and to include former president Donald Trump. We have no idea which direction this will turn and can only predict based on current crisis. Follow you trusted advisor to keep up to date. Click link for looming information leading up to today on will housing market crash in 2021-2022 /WILL-HOUSING-MARKET-CRASH---32819---32836---Dr-Phillips-6-23070.html
As a trusted advisor, professional realtor and military veteran I am here to serve you and always on the pulse of the housing market for the Dr Philips 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 whether it's a housing crises or local housing market, 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. When you are getting help with your home, look for your realtor with the heart of a teacher. 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 your real estate needs. Click link to learn more about Kevin /ABOUT-KEVIN-STRAWTER-P-A---MRP--GRI--ABR-6-14330.html