Central Florida is a very interesting market right now for Real Estate. Home prices are increasing at a rate dramatically higher than wages, and the seemingly endless supply of foreclosures is dwindling down, leaving buyers scrambling.
In large part, one of the largest segment of buyers, millennials, are more adversely affected with these recent developments. As this group of buyers get ready to buy, they will find themselves having to save more, and act faster than ever before. It is important to note that the actions of the Fed are also important too, as interest rates have remained historically low, they will be rising soon, and this will put buyers in an interesting position when shopping for rates.
In this competitive market, it is absolutely imperative that buyers and sellers have qualified, licensed, ethical professionals at their side. Unless buyers have trusted professionals that are able to navigate through the labyrinth in this market, they may find it nearly impossible to achieve their dream of homeownership.
If you are in the market to buy or sell, call me immediately at 407.517.8693 or email me at isellcflhomes@gmail.com. I have a team of agents, mortgage professionals, a great title company, and all you need to achieve your goals!