POST PANDEMIC REAL ESTATE MARKET IN CENTRAL FLORIDA

The post pandemic real estate market in Central Florida has shown significant resilience and growth. The region popularity as a destination for both tourist and new residents has continued to drive demand for real estate. One of the notable trends in the post-pandemic market is the increased interest in suburban and rural areas is now starting to grow. Many people are looking to move far away from densely populated urban centers, seeking more space, land and quieter lifestyle. Central Florida offers a variety of suburban and rural communities in Polk, Volusia and Lake county that can provide a balance between affordability and access to amenities.

Another factor contributing to the strong real estate market in Central Florida is interest rates in the first quarter of 2024 are being lowered. The federal reserve have held interest rates for the time being which help to try and keep affordable for homebuyers to purchase a home. 

JOB MARKET

The region strong job market and diverse economy have attracted businesses and professionals, further boosting the real estate market. Central Florida is a home to major industries such as tourism, healthcare, technology and aerospace which is providing a range of employment opportunities. However, it is important to note that the post pandemic real estate market is not without challenges. The increased demand for properties has led to rising home prices and a limited inventory of available homes for sale. This can make it more competitive for buyers, especially in desirable neighborhoods. See you professional realtor or trusted advisor for more advice.

TRUSTED ADVISOR

As a trusted advisor, professional realtor and retired military veteran I am here to serve you in the Dr. Phillips and Central Florida housing market whether you are purchasing or selling a home. In the absence of up to date trustworthy 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 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, buy and selling process to include common 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 you 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 at 850 496-6412 to begin a new walk in closing a chapter and opening another. Always taking referrals.