Spring home buying brings a different season for all home buyers. This is the perfect time of year to put your home on the market and most importantly curb appeal is a must. There are alway eager and excited home buyers driving by looking for the best deal. Curb appeal invites buyers in the door. Listing and pricing a home with features and benefits just right the first time send great signals to a hot buyer. The most important factor is affordability. Even though mortgage interest rates fluctuates and dropped from 6.75% to 6.45% March of 2023 there are still serious buyers out there.
Since June 2023 there were 9 mortgage interest rates increases, lenders are being even more flexible to loan money, of course within lending guidelines. Mortgage applications are almost up to 20% from February 2023. Even though mortgage interest rates are considerably high based on the last two years, the demand is still there due to the unknown rising of rent. There are some sellers reluctant to sell that are hanging onto their low interest rates. Some have to sell for other reasons such as moving in with other family members, promotion or other reasons. Mortgage applications are up 17% in March 2023 from February 2023.
In this first quarter of 2023 homebuyers can now easily have home inspections, not dealing with bidding war's and make a strong offer. Many seller's see the housing market through a different eye and in a good position to entertain offers provided home is priced right in this market and you can make a careful and informed decision. Click link to learn more about Best time of year to move /BEST-TIME-OF-YEAR-TO-MOVE---32819---32836---Dr-Phillips-6-24383.html
As you drive into communities you may see beautiful curb appeal that automatically draw your attention and wonder what it looks like inside. As of February 2023 the housing inventory recovery are giving buyers more options. This time last year housing supply rose 67% to reshape the Spring home buying season. However compromise, give and take are essential in for making crucial decisions. As you can plainly see, the housing market has turned into a cooling off period. Click link to learn more about cooling housing market /COOLING-HOUSING-MARKET---32819---32836---Dr-Phillips-6-23640.html
In these days to attract buyers, sellers are forced to lower their prices fro more affordability due to rise in mortgage interest rates. Work with an seasoned realtor to help you find that perfect home for you and your family.
Pre-approval is necessary before shopping and saves a lot of gas and valuable time. This shows the seller that you are ready and qualified. Click link to know more about pre-approval letter and what it means /PRE-APPROVAL-LETTER---32819---32836---Dr-Phillips-6-22986.htmlAlso a big mistake for first time buyers and your lender should advise not to shop before you get a pre-approval letter. One thing it will be very disappointing to show you a home that you fell in love with and finding out you do not qualify for that amount. Click link to know more about avoiding mistakes for first time buyers /AVOIDING-MISTAKES-FOR-FIRST-TIME-BUYERS---32819---32836---Dr-Phillips-6-18646.html
Moving in the spring is the best time of year. Actually avoiding the rush and start a few weeks earlier looking for a home. Typically it takes 30-45 days to close on a home. Most importantly you need to hire the right agent that can be precise and that knows the area which you are looking into. It is necessary to best realtor in town you can easily spot because they are all over social media getting much attention and results. There are several links you can click on why hire a realtor /WHY-HIRE-A-REALTOR---32819---32836---Dr-Phillips-6-14438.html
Click link for one of my five free ebooks books I written in 2022 Navigating the buying process. My gift to you. https://kevinstrawter.book.live/read-buyer-book
There is a distinct difference between a realtor and a trusted advisor, click to learn more /TRUSTED-REAL-ESTATE-ADVISOR---32819---32836---Dr-Phillips-6-23074.html
As a trusted advisor, professional realtor and retired veteran I am here to serve you and always on the pulse of the housing market for the Disney area, Dr Phillips and all Central Florida. Always stay in tuned, educated and connected in the volatile housing market to purchase or for the sale of your home. In the absence of trustworthy up to date information, real estate decisions are increasingly driven by fear, uncertainty and doubt. We as trusted advisors and professional realtors drive the real estate community to ensure right decisions are made. 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 into homeownership and all of your real estate needs. Each Friday don't forget to follow Kevin Strawter on Tik Tok. Click link to learn more about Kevin /ABOUT-KEVIN-STRAWTER-P-A---MRP--GRI--ABR-6-14330.html