Orlando Housing Market- October 2019
Orlando’s housing market in September recorded year-over-year increases in both sales (7%) and median price (5%). The inventory of homes available for purchase, however, saw a second consecutive decline after nine months of positive postings.
Driving Factors for Home Buyers- Near Historic Low Interest Rates
The average interest rate paid by Orlando homebuyers in September was 3.68%, down from 3.72% the month prior.
Increasing Rent Prices is making it more ideal for many to Buy and Own their home.
Why It's a Good Time to Sell- Low Inventory and High Buyer Demand
Current inventory combined with the current pace of sales created a 2.6-month supply of homes in Orlando for September. ( Below 6 Months Supply=Seller's Market, About 6 Months Supply=Buyer's Market)
My mission is to be the Realtor that you can trust, bring every question to, and feel confident in the fact that I will be there every step of the way to see that your property goals are accomplished,....
Latest Blog Posts
During the past few months, we have been experiencing very favorable mortgage interest rates with rates hiting the lowest level in its nearly 50-year history just this past week. So What Does
Home prices are going up; mortgage rates are going down. A study by Black Knight found that the buyer savings from mortgage rate drops more than offsets the rise in home prices by about 16% (about