Hey house hunters! Did you know the Orlando market is shifting? In this video, we dive deep into the January stats and reveal what they mean for YOU.
Good news: Inventory is finally on the rise! Up 5% compared to last year, this means more options and less competition for buyers. That's right, the tide is turning from a seller's market to a buyer's market! ⚖️
But hold on! ✋ While sales are up 3%, homes are also taking longer to sell – almost 2 months on the market! ⏳ So, patience is key.
Interest rates are still a factor, sitting at 6.5%. While this is slightly lower than last month, it's still higher than pre-2023 levels.
But wait, there's more! Stay tuned until the end for a special bonus tip that could give you an edge in this evolving market.
Are you or someone you know thinking of buying or selling a home in Metro Orlando? My team and I want to help! Send us an email at 📧 TheMillers@kw.com, or give us a call at 📞 321-236-6761
Check out our Google reviews⭐! Look up 🔎 The Miller Group of Keller Williams Heritage Realty
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