Orlando Area Real Estate – ToddSellsOrlando.com

Why the Economy Won’t Tank the Housing Market- Todd Mowry Your Local Orlando Area Realtor

If you’re worried about a coming recession, you’re not alone. Over the past couple of years, there’s been a lot of recession talk. And many people worry, if we do have one, it would cause the unemployment rate to skyrocket. Some even fear that a spike in unemployment would lead to a rash of foreclosures similar to what happened 15 years ago.

However, the latest Economic Forecasting Survey from the Wall Street Journal (WSJ) reveals that, for the first time in over a year, less than half (48%) of economists believe a recession will actually occur within the next year:

Reasons To Sell Your House Before the New Year-Todd Your Local Orlando Area Realtor

As the year winds down, you may have decided it’s time to make a move and put your house on the market. But should you sell now or wait until January? While it may be tempting to hold off until after the holidays, here are three reasons to make your move before the new year.

Why Median Home Sales Price Is Confusing Right Now- Todd Mowry Your Local Orlando Area Realtor

The National Association of Realtors (NAR) is set to release its most recent Existing Home Sales (EHS) report tomorrow. This monthly release provides information on the volume of sales and price trends for homes that have previously been owned. In the upcoming release, it’ll likely say home prices are down. This may seem a bit confusing, especially if you’ve been following along and reading the blogs saying home prices have hit the bottom and have since rebounded. So, why would this say home prices are falling when so many other price reports say they’re going back up? It all depends on the methodology of each one. NAR reports on the median home sales price, while some other sources use repeat sales prices. Here’s how those approaches differ…..

Where People Are Moving Today and Why?- Todd Mowry Your Local Orlando Area Realtor

Plenty of people are still moving these days. And if you’re thinking of making a move yourself, you may be considering the inventory and affordability challenges in the housing market and wondering what you can do to help offset those. A new report from Gravy Analytics provides insight into where people are searching for homes and what they’re prioritizing most right now. That information could help you plan your own move.

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.

5 Reasons to Sell Before the Selling Season Picks Up- Todd Mowry Your Local Orlando Realtor

A common thought in real estate is never list your home in the winter offseason. Perpetuated by industry experts, agents and repeat sellers alike, this saying encourages many would-be sellers to wait until the spring peak to list their homes. However, studies show that homes listed in the winter offseason not only sell faster than those in the spring, but sellers also net more above their asking price at this time. Don’t wait until spring to sell. If you’ve been thinking of selling your home, here are five compelling reasons to list now.

HIGHER RATES & SHORT SUPPLY: THE STATE OF REAL ESTATE IN 2022 – Todd Mowry Your Local Orlando Area Realtor

The last two years caught many of us off guard—and not just because of the pandemic. They also ushered in the hottest housing market on record, with home prices rising nationally by nearly 19% in 2021, driven primarily by low mortgage rates and a major supply shortage.1 But while some had hoped 2022 would bringContinue reading “HIGHER RATES & SHORT SUPPLY: THE STATE OF REAL ESTATE IN 2022 – Todd Mowry Your Local Orlando Area Realtor”

How to take Advantage of Your Home Equity- Todd Mowry Your Local Orlando Realtor

Homeownership offers many advantages over renting, including a stable living environment, predictable monthly payments, and the freedom to make modifications. Neighborhoods with high rates of homeownership have less crime and more civic engagement. Additionally, studies show that homeowners are happier and healthier than renters, and their children do better in school.1 But one of theContinue reading “How to take Advantage of Your Home Equity- Todd Mowry Your Local Orlando Realtor”

Seller’s Checklist: A Timeline to Prep Your Home for Sale By Todd Mowry Your Local Orlando Realtor

We’re still in a seller’s market, but that doesn’t mean your home is guaranteed to easily sell.1 If you want to maximize your sale price, it’s still important to prepare your home before putting it on the market. Start by connecting with a real estate agent as soon as possible. Having the eyes and earsContinue reading “Seller’s Checklist: A Timeline to Prep Your Home for Sale By Todd Mowry Your Local Orlando Realtor”

Looking for a New Build? Read This First. -Todd Mowry Local Orlando Realtor

New Build or Existing Home: Which One Is Right for You? Homebuyers today are facing a huge dilemma. There simply aren’t enough homes for sale. Nationwide, there were 1.27 million active listings in September, down 13% from the previous year. According to the National Association of Realtors, that’s about 2.4 months of inventory, which is farContinue reading “Looking for a New Build? Read This First. -Todd Mowry Local Orlando Realtor”