After a significant period of high interest rates, low inventory and affordability issues, new market statistics is showing a clear shift to an emerging Buyer’s market.
“According to the new data just released by the Orlando Regional Realtor Association, Inventory levels have increased to the highest point in the last four years. In addition, the number of closed sales has decreased by over 42% in the past nine month, with a staggering decrease of 32% from just the end of December 2024, until the end of January 2025. These changes are a clear signal that the market has finally shifted and now might be a good time to considering Buying a home”, stated Joe Bornstein, Rock Springs Realty Broker/Owner. “Over the last few months, my realtors and I have witnessed subtle, but distinct changes taking place with home Sellers and Builders offering much more competitive pricing, closing cost contributions, rate buy-downs, and other incentives designed to entice Buyers to come off the side lines and commit to purchasing a home. Additionally, over the last few weeks we are finally starting to see the 10-year Treasury Bill yield come down and start lowering mortgage interest rates. Hopefully this is the start of a downward trend in rates. So, is it a good time to buy? Central Florida is just entering our spring selling season and with the increase in inventory and incentives, now is a great time to start your research, compare pricing and costs between new construction vs. resale opportunities, and then decide if it’s the right time to purchase based upon your specific situation,” stated Bornstein.
If you’re looking to sell or buy anywhere in the Central Florida area, you need the knowledge and experience of the seasoned team at Rock Springs Realty 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.
And, if you’re considering purchasing a new construction home, be sure to have an experienced Realtor® on your team. “Always remember when you walk into a builder’s model home, the sales person is working for the Builder and has the Builder’s best interest in mind, NOT YOURS! That sales person is not going to fight to get you the lowest price possible, best terms, incentives, and discounts available,” stated Bornstein.
Rock Springs Realty is a full-service real estate brokerage offering residential, investment, and commercial services throughout the Central Florida market since 2008 and voted one of the top real estate offices in Apopka for nine years in a row.
Rock Springs Realty provides the highest level of service and commitment to their clients with their experienced team of professionals including Realtors Dawna Hosier, Joanne Montchal and Christine Nejame-Evans. The combined experience of this team represents decades of successful accomplishment for their clients in closed real estate transactions.
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. “It’s all about results,” stated Bornstein.
