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Category Archives: Helpful Home buyer information
What recent bank failures mean for mortgage rates (and you)-Todd Mowry Your Local Orlando Area Realtor
The recent collapse of Silicon Valley and Signature banks sent shockwaves through the financial sector, causing a ripple effect through the economy.
While the situation has been challenging, there’s also been a silver lining in real estate:
Mortgage rates are down.
Read on for a summary of the situation, as well as what it means for homebuyers, sellers, and owners like you.
Can I Buy or Sell a Home Without a Real Estate Agent? – Todd Mowry Your Local Orlando Area Realtor
Today’s real estate market is one of the fastest in recent memory. (Though things have slowed a bit lately) With record-low inventory in many market segments, we’re seeing multiple offers—and sometimes even bidding wars—for homes in the most sought-after neighborhoods. This has led some sellers to question the need for an agent. After all, whyContinue reading “Can I Buy or Sell a Home Without a Real Estate Agent? – Todd Mowry Your Local Orlando Area Realtor”
Orlando and Surrounding Area Housing Market Update for January 2023- Todd Mowry Your Local Orlando Realtor
Here we are in a new month and a new year. The housing market is still moving along…it just has slowed down a bit compared to the few torrid paced years we had before. We are also coming into a new year and out of the holidays which is a slower time of year for home sales in general every year. The FED has raised rates again, but they are still staying in the same ballpark of rates that has been the average over the past 30 or so years. The past 30 years the average after the peaks and valleys has been around 6 to 7% and thats where we are. I don’t see 4% or less coming back anytime soon. It would be great, but for all of you holding out for that again..good luck. Right now if you plan on buying a home in the near future… soon… if not now is a good time if you want to have more choices and be able to take your time. The buying cycle has slowed down to more of a normal pace and buyers and sellers can breathe and real contract negotiations and home inspections can go back on again. Buyers have more to choose from and sellers actually have to paint and fix problems that were being overlooked in the past months and couple years. Springtime historically is going to be busier so start looking now if you are ready. Prices might drop more later, but then people are going to start jumping back into the maket and the deals will be there, but have more competition again less time to make a decision.
Real Home Value Calculator: Assessed Value vs Market Value – Todd Mowry Your Local Orlando Area Realtor
Understanding a home’s true market value is about more than pictures, software assessments and price-per-square-foot. Whether you’re a current homeowner thinking of selling or are house-hunting, it’s crucial you understand what factors affect home valuation. By partnering with a local market expert, sellers will avoid pricing their house out of the market (the kiss of death in real estate) and buyers will ensure they get a good deal on their next home.
So, how do you accurately calculate a home’s value? After all, the value a home is assigned by its town or county and the one it’s given when it’s listed are often dramatically different from one another. Which one is accurate and what does it all mean? Read on to learn more.
Top 6 Home Design Trends To Watch in 2023 – Todd Mowry Your Local Orlando Realtor
Over the past few years, many of us have spent extra time at home—and that means we appreciate the personal design touches that make a house cozy and comfortable more than ever. Some of us have adapted our dwellings in new ways, from creating functional home offices to upgrading the appliances we use most. WhileContinue reading “Top 6 Home Design Trends To Watch in 2023 – Todd Mowry Your Local Orlando Realtor”
Top 12 Apps for Homeowners Looking To Sell and Future Homeowners Looking to Buy. – Todd Mowry Your Local Orlando Area Realtor
Smartphones are not only a useful tool for communication, they also are useful in planning the future and getting organized. You may not think of using them to plan fixer projects or to get your home ready, but they can help you map out a strategy(whether you plan to buy or sell), save money, learn about the homes in your neighborhood and get inspired for your next renovation project.
Market Update For December 2022 In The Orlando-Kissimmee-Sanford Area — Todd Mowry Your Local Orlando Realtor
Time once again for a market update for Orlando-Kissimmee-Sanford and the surrounding communities. As you can see from the graphic above…
HOUSE CARE CALENDAR: A Seasonal Guide to Maintaining Your Home- Todd Mowry Your Local Orlando Realtor
From summer vacations to winter holidays, it seems each season offers the perfect excuse to put off our to-do list. Be careful homeowners, neglecting your home’s maintenance could put your personal safety—and one of your largest financial investments—at serious risk. So check out this list to keep your largest and most important asset in good health and maintaining its value.
‘Tis the Season: 5 Reasons Why Winter is a Great Time to Buy or Sell a Home- Todd Mowry Your Local Orlando Area Realtor
This is generally considered the “offseason” in real estate. Many sellers mistakenly believe that the cold weather will keep buyers away and that no one is looking over the holidays. Unfortunately, many real estate professionals perpetuate this myth by advising their clients to “wait until the spring” to list their home.
The truth is, homes are bought and sold year round. And while the market is typically quieter during the fall and winter, savvy buyers and sellers know how to use this slow down to their advantage. In fact, depending on your circumstances, now may be the ideal time for you to purchase or list a home.