Posts with tag 'Sell a home'

Plesko Real Estate Report

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January
30

The Orlando area market found its footing in 2025. Home values held steady with roughly 1% year‑over‑year growth, and inventory levels between November and December ranged from 11,389 to 12,516 homes - a healthy, sustainable range for our region.

A major stabilizing force continues to be the large number of homeowners with sub‑4% and even sub‑3% mortgages. These owners feel no urgency to move, which keeps inventory from flooding the market. If they did list at typical levels, supply would nearly double and prices would fall sharply. Instead, their reluctance to sell has helped maintain balance and protect home values.

As we enter 2026, mortgage rates are averaging around 6%, but buyers have more flexibility than they may realize. Builders and motivated sellers are frequently offering concessions that allow buyers to negotiate rates below 5% through temporary or perma...

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September
30

There's something exciting about stepping into a newer home - and it's not just the fresh paint.  From safety to style, newer homes offer major advantages over older ones.  Let's dive into why upgrading could be a game-changer for your family.

  • Safety & Resilience
    Florida's building codes have evolved dramatically since the hurricanes of '92, '04, and '17.  Today's homes are built tough - with impact windows, reinforced roofs, and block construction that stands up to storms.  Older homes often lack these protections, and that can mean higher insurance costs and more risk.

  • Energy Efficiency
    Newer homes are designed to save you money.  Think better insulation, high-efficiency HVAC systems, and double or triple-pane windows.  Homes built before 2005 often miss the mark here - leading to higher ut...

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July
25

On or about August 17th of this year, the way consumers hire and compensate their individual buying-side and selling-side real estate agents is changing drastically.

Our goal is always to ensure that our selling and buying clients are knowledgeable, and fully prepared to succeed in any type of market environment.  These changes impact both buyers and sellers.

Because of a National Association of Realtors (NAR) settlement with the Dept. of Justice (DOJ), there are big changes coming to how real estate agents operate, and how they are compensated.

Starting on or about August 17th of this year (exact date TBD), these changes will take effect in Florida:

 

  • Sellers of real property (all types of residential homes, including land) will no longer be obligated to offer compensation to buying-side agents...

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May
9

In a word?  Demand.  Despite interest rates continuing to fluctuate between 6.5% and 7.0%, demand for central Florida homes continues to be very strong.  For the 15th consecutive year, Florida real estate is the top choice for international buyers, with Canada being the largest group.  The other large group of (non-Floridian) buyers have been coming from certain northern and western states that generally have higher taxes (see list below). 

Five of the

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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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