The Most Powerful Force in Our Market Is…

Our current real estate market is going to be this way only for a season. How long this season will last is unknown to us and to every know-it-all out there. So, instead of trying to predict the future, let us share with you what is presently the most powerful force in our market.

Interest rates. Home values have increased significantly, but because of low interest rates the monthly payments haven’t.

In the fall of 2018, buyers had access to high-4% and low-5% interest rates. For the last year, buyers have enjoyed rates in the low-3% range, and on a few days this year rates have been under 3%. To put into perspective the buying power behind these low rates, consider this example:

On October 31, 2018 a 2,400 SQ FT 3 bed/2 bath home sold in a Clermont neighborhood for $295,000 (an actual sale). If the buyer financed it all at 5%, the principal and interest (P&I) payment was $1,584 per month (excluding property taxes and insurance).

Today, we would list that same home for sale for $399,000. If a buyer were to finance the entire $399,000 at 3%, the P&I payment would be $1,682 per month (excluding property taxes and insurance).

The value of that home has increased $100,000 and the P&I payment has gone up only $98 per month. This demonstrates how home values have increased significantly, but monthly payments haven’t due to low interest rates.

Next month we’ll share with you exactly how the low interest rates compelled us to buy and refinance our own properties this year. Until then, we hope this gives some of you the courage to take action and sell, buy, or invest while interest rates are still this low.

If any of this resonates with you, we would love to talk to you more about it. Was this the sign you needed? Or maybe we’ve peaked your (pun intended!) interest? Click/tap to give us a call at 407-267-2319 or contact us using the form below!

Thinking of buying or selling a home? Contact us today!

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New Video/Blog: 3 Big Changes in New Construction

There have been a LOT of changes in new construction since April 1st. So we’re going over what’s driving these changes and what that means for you if you’re wanting to buy a new home!

If you’re interested in new construction, we need to talk ASAP. The process can take longer than you think – so contact us today to get started!

Watch the video below or click here to read the blog post.

Featured Listing

210 E DESOTO #2

2 BEDS/2 BATHS 1,242 SQ FT $189,000

Rare investment opportunity in downtown Clermont – perfect to use as a cozy private residence or a rental!

First-floor condo unit with 2 parking spaces, a new water heater, and recently updated electrical.

Visit for more photos and info.

August Closing Celebrations

Congratulations to our clients who bought and/or sold a home last month!


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