Posts from August 24th, 2023

Plesko Real Estate Report

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Central Florida | 5 Posts
Housing Scams | 1 Posts
Housing Trends | 10 Posts
Real Estate | 6 Posts
Your Home | 5 Posts
August
24

This brief Q+A may help you decide if NOW is a good time for YOU to sell your current home, then buy your next home!


Q – Won't prices come down because of higher interest rates? Isn't the market going to crash?

A – Rates have been higher since May 2022, and it is NOT happening.  For July 2023, prices/values are flat vs. this time last year.  It's been that way for about 3-4 months now.  Demand for Florida (Orlando-area) housing is very high, with buyers from high-tax states as well as international buyers continuing to drive our market.  Instead of prices coming down, savvy sellers and builders are offering interest rate buy-down cash contributions to buyers, which allow buyers to

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