THE HOUSING MARKET

The current housing market in the winter of 2022 holds a lot in store for the upcoming new year of 2023. With interest rates expected slightly this time to go up again December 14, 2022 in the housing market with a lesser increase, this is a good sign that inflation shows a decline with much respect for all homebuyers. This is not an overnight process to undo what has already been ministered to the public. Home prices across the nation has fallen up to 25%. The Central Florida currently is 5-10%. Applications has tapered off since June which was the first spike in the interest rates. However homes have been selling. 

The housing market once adjusted to the new normal of higher mortgage rates, will benefit from continued strong demographic-driven demand relative to an overall, long run shortage of supply.

While mortgage rates are expected to continue to drift higher over the coming months, Home prices are holding steady in Dr Phillips and the Central Florida area.This is due to what Central Florida has to offer, and abundance of great colleges, nearly summer year round, entertainment and the Disney capital entertainment of America. Who would want to pass this up! Click link to learn more about homebuyer opportunity /HOMEBUYER-OPPORTUNITY---32819---32836---Dr-Phillips-6-22987.html

TOP REASONS TO OWN YOUR HOME

Currently as it stands, there are many reasons to own a home. Even with higher mortgage rates and today's prices it still make sense to purchase a home today. The reason why is because renting is the unknown because the rent generally increase each year. The last two pandemic years was atrocious with landlords that had no mercy on tenants with 100-200 immediate increases upon renewal of their lease. It is a great financial decision for yourself and family. The sense of accomplishment, wealth building opportunity and a great chance to stabilize your monthly payments truly makes it worthwhile.

The key to making a good decision in this challenging housing market is to be laser focused on what you need to know now and in the years ahead. This is so that you can stay in your home long enough and that you will discover buying is a sound financial decision. Homeownership is still considered one of the most reliable ways to build wealth. When you make monthly mortgage payments, you are building equity in your home. When you rent, you aren't investing into your financial future the same way you are when you're paying off a mortgage. Discover the Dr Phillips area that is minutes from Disney Theme Parks, state of the art YMCA, and the best restaurants 45 minutes to the space coast and one hour from Tampa. Click link to learn more about homeownership today /HOMEOWNERSHIP-TODAY---32819---32836---Dr-Phillips-6-23016.html

TRUSTED ADVISOR

As a trusted advisor, professional realtor and retired military man, 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 up to date information, real estate decisions are increasingly being driven by fear, uncertainty and doubt. Click link to request my free book navigating the buying process https://kevinstrawter.book.live/buyer-book

We as trusted advisors drive the real estate community and always preaching the truth of real estate. So don't let this shifting housing market delay your dreams. Data shows home values typically appreciate over time and with that said, it gives your net worth a nice boost. If you are ready to start your journey, contact me today at 850 496-6412 to help you begin a new walk to homeownership and all of your real estate needs. Click link to learn more about Kevin Strawter /ABOUT-KEVIN-STRAWTER-P-A---MRP--GRI--ABR-6-14330.html