Our six-month supply of homes makes it easier for buyers to get great deals

What are the latest housing market trends we’re seeing early in 2025? Right now, we have over a six-month supply of homes on the market here in Orlando. You might be wondering, “What does that mean?” It simply means we have more homes available than we need for a typical pace of sales.

This is a signal for potential sellers to enter the market. Although I cannot predict when the market will shift, it’s definitely something to consider, and hopefully, things will pick back up. 

Historically, rates are still in a good place. We have really motivated builders who are ready to offer you a sub-five rate.

There are many opportunities for buyers out there with motivated sellers who are actively trying to make deals happen. This means you can potentially get price reductions, negotiate closing costs, and even secure rate buydowns.

One of the biggest opportunities I see right now is for first-time homebuyers. If you have great credit and a solid income but haven’t saved up enough for a down payment, don’t worry. Even though the Fed announced that rates are unlikely to drop significantly in 2025, having good credit and income can still open doors for you.

Historically, interest rates are still looking good. We have really motivated builders who are ready to offer you a sub-five rate. Recently, a few clients even locked in rates in the high threes, and these builders are also willing to cover closing costs.

So, if you are one of these people or know someone who would love to get into a new home but just doesn't have the cash, talk to us. There are ways we can work around this. As always, you can reach me at (407) 499-8993  or chris@mypinnaclehomes.com. Have a great day and a great start to 2025.