Posts from July 2023
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23
Do You Know Your Credit Score?
Welcome to my real estate blog: "Do You Know How Your Credit Score Is?"!
If you've ever dreamed of owning your own home, it's critical that you understand the importance of your credit score. Knowing how your credit score is doing is the first step to reaching that goal and making the dream of owning a home come true.
What is the Credit Score and why is it so important?
The Credit Score, or credit score, is a numer...
23
Celebrating 20 Years of Excellence
**Celebrating 20 Years of Excellence:
A Journey of Mentorship, Leadership, and Success in Real Estate**
Greetings, esteemed readers, and fellow real estate enthusiasts,
Today, I am thrilled and honored to share with you a momentous milestone in my career – the 20th Anniversary of obtaining the prestigious Certified Real Estate Brokerage Manager (CRB) designation. This extraordinary journey has been one filled with growth, learning, and the joy of helping others achieve their real estate dreams.
The CRB designation is a sy...
20
Windermere, FL 34786 Market Trends June 2023
Attention Windermere buyers and sellers!
It's July 2023 and I'm excited to share the last month market trends with you. As your trusted REALTOR®, Katherine Figueroa from Watson Realty Corp. REALTORS®, I want to keep you informed and empowered in your real estate journey. Let's dive into the data:
According to RPR's Market Trends, Windermere currently has a low inventory with only 2.49 Months Supply of Inventory. But here's the exciting part: over the last 12 months, the Months Supply of Inventory has increased by a whopping +84.44%! This means the market is growing and presenting great opportunities for both buyers and sellers.
The List to Sold Price percentage stands at an impressive 96.9%. This shows that sellers are receiving almost the full asking price for their properties, indicating a strong demand in the market. If you're a seller, this is a favorable co...
15
Higher Home Prices and Mortgage Rates Pose Challenges for Home Buyers in May 2023
The National Association of REALTORS (NAR) recently released its Economist's Outlook report for May 2023, shedding light on the current state of the housing market. While the overall economy continues to show signs of recovery and growth, prospective home buyers face significant hurdles due to rising home prices, mortgage rates, and a limited inventory. In this blog post, we will delve into the key findings of the report and discuss the implications for those looking to enter the housing market.
One of the primary challenges for potential home buyers in May 2023 is the growing disparity between qualifying incomes and median family incomes. As the report suggests, qualifying i...
