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:

Homeowner Net Worth Has Skyrocketed- Todd Mowry Your Local Orlando Area Realtor

If you’re weighing your options to decide whether it makes more sense to rent or buy a home today, here’s one key data point that could help you feel more confident in making your decision. Every three years, the Federal Reserve Board releases the Survey of Consumer Finances (SCF). That report covers the difference in net worth for both homeowners and renters. Spoiler alert: the gap between the two is significant.

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.

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.

Will Real Estate Prices Come Down? – 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.

Up to Date Market Stats for Buyers and Sellers by Todd Mowry Your Local Orlando Realtor 4-26-2022

What you are seeing in the graphic above is the Real Estate sales stats from March 2022 from Florida Realtors association.

Hedge Against Inflation With These 3 Real Estate Investment Types

Real Estate is a great hedge against inflation because home prices usually rise with inflation