When you’re looking to buy or sell a home anywhere in the greater Apopka area, you need to find a REALTOR® with integrity, years of experience, a proven track record of success, and who continuously has their finger on the true pulse of the housing market.
“There are strong signals that the real estate market shift is continuing and feeling the inflationary effects from our economy. As of the most recent reporting by the Orlando Regional Realty Association, the number of homes closed over the last 30 days has decreased by 13%, and more noticeably almost 18% in the last 12 months. So, what does this mean? With the rise in mortgage interest rates and inflationary pressures in most sectors of our economy, buyers are pulling back and shifting the market dynamics. We had experienced a dominant seller’s market over the last few years which is quickly disappearing in many markets. In the same report, the housing inventory in the last 60 days has increased by over 32%…offering buyers many more housing options to choose from”, stated Joe Bornstein, Rock Springs Realty Broker/Owner.
“For home sellers, the good news is that in the Apopka area, demand is still strong, and the average sold prices are only down slightly and holding relatively steady. With increasing inventory levels, it’s likely your home will be on the market longer before you can secure a contract and get to the closing table. But the wait will be worth it as in most cases you will still be able to get top dollar for your home. For home Buyer’s who have been at such a disadvantage over the last few years, you will be happy to know the housing inventory in just the last 60 days has increased by over 32%, offering much more housing options to choose from. With increased supply and competition, seller’s historically will be forced to be more flexible and creative if they want to get their home sold. This will create a fantastic opportunity to secure a new home you’ve been waiting way too long for”, states Bornstein.
If you’re looking to buy or sell anywhere in the Central Florida area, you need the knowledge and experience of the seasoned Rock Springs Realty team to guide you through all the complexities of the real estate market. You need a team you can trust who will always look out for your best interest.
Rock Springs Realty will take the time to walk you through each step of the process, explain the contract and disclosures, and give you a full understanding of the closing process. They are skilled negotiators who can get you the best deal possible.
Rock Springs Realty is a full-service real estate brokerage offering residential, investment, and commercial services in the Central Florida market since 2008.
They can make it easier to find your new home or sell your current one. Voted one of the top real estate offices in Apopka for the past nine years in a row only validates why they’re the professionals you can count on for making your dreams a reality.
Rock Springs Realty provides the highest level of service and commitment to their customers. They deliver exceptional results for property owners, investors, and residents alike, and have emerged as a clear market leader for the Greater Apopka area. They operate with a rigorous commitment to staying in front of rapidly changing market conditions. Their broad range of expertise earns superior results across market cycles and asset classes.
Joe Bornstein and his team provides the highest level of service and fosters a culture of efficiency, open communication, and a complete dedication to its clients’ needs. The dedicated and experienced teams of professionals at Rock Springs Realty include Realtor’s Joanne Montchal, Dawna Hosier, Christine Nejame-Evans and Kyle Moro. The combined experience of this team represents decades of experience.
Always delivering results, you can visit them at www.RockSpringsRealty.com or call toll free (877) 333-2811 to find out how they can assist you with your specific real estate needs in this rapidly changing market. “It’s all about the results.”
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