10 tips to make your moving to a new home go as smooth as possible
No matter what’s going on in the housing market, the process of selling a home can be challenging. Some sellers have a hard time saying goodbye to a treasured family residence. Others want to skip ahead to the fun of decorating and settling into a new place. Almost all sellers want to make the mostContinue reading “7 Costly Mistakes Home Sellers Make (And How to Avoid Them)- Todd Mowry -Your Local Orlando 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”
Many people are wondering if prices will come down. There’s lots of evidence to show that prices will slow down and level off for a bit but not a lot of evidence so far…at least here in Central Florida… that prices are going to have a significant drop off anytime soon.
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”
Our nation is in the midst of a serious housing crunch. Last year, a lack of inventory and soaring prices left many would-be homebuyers feeling pinched. But now, with interest rates climbing, many of them are also feeling desperate to lock in a mortgage—which has only added fuel to the fire.
Fortunately, if you’re a buyer struggling to find a home, we have some good news. While it’s true that higher mortgage rates can decrease your purchasing budget, there are additional ways to compete in a hot market.
What you are seeing in the graphic above is the Real Estate sales stats from March 2022 from Florida Realtors association.
Stats for March 2022 Real Estate sales and other market info
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”
Real Estate is a great hedge against inflation because home prices usually rise with inflation