The current housing market since the pandemic has been restless and can be due to many factors such as economic conditions, interest rates, demographic trends and government policies. A shift can manifest as increased demand, rising prices or changes in buyer preferences. For instance in a booming economy, you might see a surge in home prices and a competitive bidding environment. Conversely, if interest rates rise significantly, it can dampen demand as borrowing costs increase, leading to a potential slowdown in price growth or even declines. Click link to learn more about shifting housing market /SHIFTING-HOUSING-MARKET---32819---32836---Dr--Phillips-6-26693.html
Additionally, changes in remote work trends have influenced housing preferences, with more people seeking homes in suburban or rural areas rather than urban centers.
There are many common reasons to relocate, for example, job opportunities with career advancement or join a specific company or industry that may not be available in their current location that they physically have to work at. With cost of living, a desire for a more affordable lifestyle can have you shift gears. Lower housing cost, taxes and overall living expenses. Education is always on parents mind, higher education opportunities are a plus to many so that their kids can advance much faster. Family needs moving closer to relatives and loved ones with caring for elderly members is always a consistent game changer. This goes along with healthcare needs with access to better or specialized facilities can surely be a motivating factor for those with specific health concerns.
Cultural and social factors for people moving to align themselves to cities with their cultural values, social interests or be part of a specific community. Many retire and choose to relocate to warmer climate or locations with a lower cost of living due to fixed income. Ask your trusted advisor about certain areas as well as doing your research. Click link to learn more about moving closer to family /MOVING-CLOSER-TO-FAMILY---32819---32836---Dr--Phillips-6-26014.html
As a trusted advisor, realtor and military veteran I am here to serve you in the Dr. Phillips and Central Florida housing market. As 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 and 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 gospel of real estate. I emphasize that education is a must for the community to ensure you are making the right decision.
Part of my job is to keep you educated of the local market trends, information on the buying and selling process to include common real estate terms and videos. Don't get confused with the news, they talk national level data, I can provide the most current up to date local area data.
So don't let this shifting housing market delay your dreams, data reveal home values typically appreciates 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 start your journey, contact Kevin Strawter at 850 496-6412 to begin a new walk to homeownership and all your real estate needs. Referrals always welcomed.