Real Estate Outlook for 2025: Key Trends and Predictions

by Marketing | Dec 4, 2024 | Buyers, Homeowners, Mortgages, New Construction, News, Property for Sale, Property for Sale in Orlando, Real Estate News, Renters, Sellers

Real Estate Outlook for 2025: Key Trends and Predictions

The housing market has faced challenges in recent years, but brighter days may be ahead. Lawrence Yun, Chief Economist at the National Association of REALTORS® (NAR), shared an optimistic forecast for 2025 and 2026, predicting an uptick in home sales and more stable mortgage rates.

Rising Home Sales

Yun expects home sales to rise in the next few years. He predicts existing home sales will increase by 9% in 2025 and 13% in 2026, with new home sales also seeing growth. The improving economy, job gains, and increasing home inventory are all contributing factors to the positive outlook.

Mortgage Rates to Stabilize

Mortgage rates are expected to moderate, though not drop drastically. While recent Fed rate cuts may offer some relief, Yun cautioned that high budget deficits could prevent mortgage rates from returning to low levels seen in previous years. However, the “locked-in” effect of homeowners with low mortgage rates will gradually ease over time, creating opportunities for buyers and sellers.

Home Price Increases to Slow

After years of rapid price growth, home prices are predicted to rise slowly in the next few years. The NAR forecasts a 2% increase in median home prices for both 2025 and 2026. While home equity gains have benefited current homeowners, affordability remains a challenge for many buyers.

Changing Buyer Demographics

The profile of homebuyers is shifting. All-cash buyers have become more common, accounting for 26% of home sales in the past year. First-time homebuyers are older, with a median age of 38, and many are relying on financial help from family or drawing from savings and assets. Multigenerational households are also on the rise, driven by cost-saving efforts and the need to care for aging parents. Additionally, single women buyers outpace single men, with women making up 24% of the home-purchase market.

Looking Ahead

Overall, while challenges persist, the outlook for the housing market is improving. With rising job numbers, moderating mortgage rates, and changing buyer trends, 2025 could be a year of recovery and growth for the real estate market. Real estate professionals should prepare for a busy year ahead, as more Americans may be ready to make a move.

https://www.nar.realtor/magazine/real-estate-news/whats-next-for-the-2025-housing-market

How Our Partnership with Motto Mortgage Makes Homebuying Easier

by Marketing | Oct 30, 2024 | Blog, Buyers, Homeowners, Homes, Villas and Condos, Mortgages, Real Estate Components, Real Estate News

How Our Partnership with Motto Mortgage Makes Homebuying Easier

At RE/MAX Heritage, we’ve spent over two decades guiding clients through the complexities of real estate, from buying and selling to investing. One of the most challenging aspects of any transaction is securing the right mortgage. That’s why our partnership with Motto Mortgage Homewise is such a valuable asset and we know how you, our clients, can take advantage of this partnership. We didn’t partner with just any lender—we teamed up with Motto Mortgage because they bring real solutions that simplify the mortgage process, offering clarity and efficiency for our clients.

Loan Officers at Motto Mortgage Homewise

What This Partnership Means for You

Whether you’re buying, selling, or investing, having a trusted mortgage partner is key to a smoother transaction. Here’s how our partnership with Motto Mortgage makes all the difference.

For Buyers: Simplifying the Path to Homeownership

As a buyer, navigating the mortgage process can feel overwhelming. With questions about affordability, borrowing limits, and timing, it’s easy to feel uncertain. But with RE/MAX Heritage and Motto Mortgage working together, we help take the guesswork out of securing a mortgage.

Fast Loan Estimates: In just 15 minutes, you can receive a loan estimate without affecting your credit score, giving you immediate insight into how much home you can afford.

A Variety of Loan Options: Whether you need an FHA, VA, or a flexible down payment assistance loan, Motto Mortgage offers diverse solutions tailored to your financial situation.

Quick Closings: Once you find the right home, there’s no need for delays. With Motto Mortgage, we aim to close loans in 14 days or less, ensuring a fast and efficient process from start to finish.

For Sellers: Faster Closings with Confident Buyers

As a seller, having financially prepared buyers means fewer delays and smoother transactions. Our partnership with Motto Mortgage allows us to ensure that potential buyers are pre-qualified quickly, so you can sell with confidence knowing your buyer is ready to close.

Imagine showing your property to a buyer who has already secured their financing. This peace of mind minimizes uncertainty and helps facilitate quicker sales, giving sellers the advantage in today’s competitive market.

For Investors: Optimizing Your Financial Strategy

Investors know that timing is everything, and having the right financing options can make or break your next move. Motto Mortgage specializes in creative loan solutions tailored for investors, including:

Bridge Loans for buying before selling.

Investment Loans with only 15% down, allowing you to leverage your capital more effectively.

Foreign National Loans that can close in under three weeks.

These flexible financing options give investors the edge they need to make strategic decisions and maximize their returns.

A Partnership Built on Experience and Results

Our partnership with Motto Mortgage Homewise isn’t just about convenience—it’s about trust and expertise. With decades of experience in real estate, we know how crucial strong partnerships are to ensuring successful transactions. Motto Mortgage shares our commitment to clear communication, realistic solutions, and fast results.

We’ve built a relationship that empowers our clients to navigate the mortgage process with confidence, ensuring that the entire experience—from offer to closing—is as seamless as possible.

Why Now Is the Time to Act

With interest rates still favorable compared to historical trends, now is a great time to buy, sell, or invest. Having a reliable mortgage partner like Motto Mortgage makes it easier to take advantage of these opportunities. Whether you’re locking in a great rate or exploring new possibilities, we’re here to help you make the most of today’s market.

What’s Next? Let’s Get Started

At RE/MAX Heritage, we pride ourselves on being trusted advisors to our clients. Our partnership with Motto Mortgage ensures that we’re not just finding the right homes—we’re securing the right financing as well. From first-time buyers to seasoned investors, we’re here to guide you every step of the way.

If you’d like to learn more reach visit their website at www.mottomortgage.com/offices/homewise-winter-haven/staff-roster

JUST LISTED: 17717 WOODCREST WAY, CLERMONT

by Elsa Soto | Apr 17, 2024 | Blog, Buyers, Homeowners, Homes, Villas and Condos, Investment Property in Florida, Long Term Rental, Mortgages, New Listing, News, Property for Sale, Real Estate News, Renters

JUST LISTED: 17717 WOODCREST WAY, CLERMONT

17717 Woodcrest Way, Clermont, FL

Just Listed

$ CLICK FOR CURRENT PRICE

4 BEDROOMS 2.5 BATHROOMS 6717 sqft Lot

Welcome to your future home! This spacious two-story pool home features 4 bedrooms and 2.5 bathrooms, offering ample space for comfortable living. With a newer roof installed in 2022, this property is not only well-designed but also well maintained, ensuring peace of mind for years to come. This home benefits from a south-west facing pool and spa overlooking a serene pond, providing a tranquil backdrop for relaxation and entertainment. Upon entering, you’re greeted by a welcoming foyer alongside which is tiled kitchen decorative arch cut outs overlooking the great room. The kitchen has been recently updated with freshly painted cabinets and stainless appliances, including a newer stainless dishwasher, stove, and microwave. A pantry closet and eating space add to the convenience and functionality of the kitchen. The foyer also grants access to the laundry room, ready for your washer and dryer, as well as providing access into the two-car garage with epoxy painted flooring and an electronic door opener. The great room, which opens up from the entrance hall, comprises a carpeted living room and dining room with sliding doors to the covered lanai area, seamlessly extending the living space outdoors. The spacious primary bedroom overlooks the pool area and is easily accessed off the family room. Its ensuite bathroom features a walk-in shower, garden tub, toilet cubicle, and a walk-in closet, providing a luxurious retreat. Upstairs, three additional bedrooms offer comfortable accommodation with easy access to the family bathroom. Step outside to your own private oasis—a fully screened pool and spa area with covered lanai overlooking the pond behind. The pool heater was replaced in 2021, ensuring year-round enjoyment. Conveniently located on Highway 27, this home offers easy access to medical facilities, restaurants, grocery stores, and major roadways, including Highway 192. Plus, its proximity to theme parks, designer outlets, and the airport as well as grocery stores, restaurants and medical facilities makes it an ideal choice for experiencing the quintessential Florida lifestyle.

Ready to make a Move?

Bardell Real Estate are the experts in helping you with your selling, buying or renting needs near Orlando, Florida. Make your Disney area experience a forever memorable one. Call us now to speak to a real estate agent.

[formlift id=”36911″]

Summit Greens: An Active Adult Oasis in Clermont, Florida

by Elsa Soto | Apr 8, 2024 | Blog, Buyers, Homeowners, Homes, Villas and Condos, Investment Property in Florida, Long Term Rental, Mortgages, News, Renters, Sellers

Summit Greens: An Active Adult Oasis in Clermont, Florida

Nestled in the picturesque landscape of Clermont, Florida, Summit Greens stands as a vibrant active adult community, offering an ideal blend of convenience and natural beauty. Positioned strategically on Highway 50 and Hancock Road, residents enjoy proximity to shopping centers and major highways, all while being immersed in the stunning hills of the Central Florida ridge country. Explore the allure of Summit Greens Homes for sale in Clermont, where an active adult oasis awaits you.

SUMMIT GREENS COMMUNITY AMENITIES

– Clubhouse/Amenity Center

– Golf Course

– Restaurant

– Fitness Center

– Indoor Pool

– Outdoor Pool

– Aerobics & Dance Studio

– Hobby & Game Room

– Card Room

– Arts & Crafts Studio

– Ballroom Computers

– Library Billiards

– Walking & Biking Trails

– Tennis Courts

– Bocce Ball Courts

– Shuffleboard Courts

– Softball/Baseball Field

– Lakes – Scenic Lakes & Ponds

– Demonstration Kitchen

– Outdoor Patio

– On-site Retail

– Gazebo

– Locker Rooms

SUMMIT GREENS HOMES & REAL ESTATE

Summit Greens, developed by Levitt & Sons and completed in 2006, offers single-family homes available for resale with diverse floor plans. Featuring granite countertops, tile, and hardwood floors, residences vary in options, including three-car garages. Housing prices align with comparable communities, ranging from 1,250 to 2,500 square feet. Some homes boast scenic views, overlooking lakes or the golf course, complemented by well-maintained landscaping. The community’s reasonable association fees cover security, a full-time activities director, and maintenance of grounds and facilities.

SCHOOLS

East Ridge Middle School 1.6mi

Pinecrest Lakes Academy 1.7mi

Imagine Schools At South Lake 3.7mi

LOCAL SPORTS, PARKS & ENTERTAINMENT

Sanctuary Ridge Golf Club – A rare mountain course in Florida, offers a unique and challenging layout with dramatic elevation changes, bunkers, water hazards, and distinctive holes. The par-4 second hole is particularly challenging with a sharp dogleg left, guarded by sand bunkers. The course’s design avoids parallel fairways, adding to its distinctive character.

Waterfront Park – Located along Lake Minneola, in between East Avenue and Eighth Street. Alongside the park runs a paved trail regularly used by walkers and bikers. This park often forms a venue for various festivals, championships, and competitions throughout the year.

Millenia Mall – A unique and upscale shopping destination featuring a luxurious collection of boutiques and popular stores including Hermès, Chanel, Louis Vuitton, Gucci, and more. The mall offers a Personal Stylist Experience for personalized fashion consultations. Dining options include The Cheesecake Factory, Earls Kitchen + Bar, and The Capital Grille, all with inviting patio seating. Visitors can expect a high-end shopping experience and a variety of dining choices.

Eager to seize these incredible opportunities? Contact ReMax Heritage at (863) 424 – 2309 and transform your real estate aspirations into tangible reality!

Ready to make a Move?

Bardell Real Estate are the experts in helping you with your selling, buying or renting needs near Orlando, Florida. Make your Disney area experience a forever memorable one. Call us now to speak to a real estate agent.

[formlift id=”36911″]

JUST LISTED: 176 HARPERSFIELD ST, DAVENPORT

by Elsa Soto | Apr 5, 2024 | Blog, Buyers, Homeowners, Homes, Villas and Condos, Investment Property in Florida, Long Term Rental, Mortgages, New Listing, News, Property for Sale, Sellers

JUST LISTED: 176 HARPERSFIELD ST, DAVENPORT

Blog Post 8

176 Harpersfield St, Davenport, FL

Click here to Get Directions

$ CLICK FOR CURRENT PRICE

4 BEDROOMS

2 BATHROOMS

5737 sqft Lot

Welcome to your dream home – situated on a corner lot, this spacious four-bedroom, two-bathroom home boasts an inviting open floor plan flooded with natural light, creating a warm and welcoming atmosphere for you and your family. As you step inside the living and dining areas seamlessly flow into one another. The well-appointed kitchen features modern appliances, ample counter space, and a convenient breakfast bar, make it ideal for both everyday living and entertaining guests. Step outside to discover your own private oasis, complete with a sparkling pool deck offering serene views over a tranquil pond. Designed for both relaxation and recreation, the pool area boasts a covered section for shade providing the perfect spot to unwind or host alfresco gatherings with friends and family.For added convenience and comfort, the pool is heated by solar energy, ensuring year-round enjoyment of this delightful outdoor space. Whether you’re taking a refreshing dip or simply soaking up the sun, this backyard oasis is sure to become your favorite retreat. Located just a short drive from the world-renowned theme parks and attractions of Orlando, and close to Interstate 4 (I-4) providing convenient access to downtown Orlando, Tampa, and the surrounding areas, making commuting a breeze. For shopping, dining, and entertainment options, Champions Gate is just minutes away, offering a variety of shops, restaurants, and recreational facilities to explore. Whether you’re seeking a tranquil retreat or a bustling hub of activity, this property offers it all. Presented fully furnished as seen, this home offers the opportunity for immediate occupancy and enjoyment. Perfectly suited for use as a primary residence, a second home, or an income-producing property on the short-term rental market, the possibilities are endless. Schedule your viewing today and make this your new home sweet home!

Ready to make a Move?

Bardell Real Estate are the experts in helping you with your selling, buying or renting needs near Orlando, Florida. Make your Disney area experience a forever memorable one. Call us now to speak to a real estate agent.

[formlift id=”36911″]

JUST LISTED!! 119 NEW MEXICO LANE, DAVENPORT

by Elsa Soto | Mar 14, 2024 | Blog, Buyers, Homeowners, Homes, Villas and Condos, Investment Property in Florida, Long Term Rental, Mortgages, New Listing, News, Property for Sale, Renters

JUST LISTED!! 119 NEW MEXICO LANE, DAVENPORT

Blog Post 7

119 New Mexico Ln, Davenport, FL

Click here to Get Directions

$ CLICK FOR CURRENT PRICE

3 BEDROOMS

2 BATHROOMS

10319 sqft Lot

Nestled within the desirable community of Westridge, this well maintained 3-bedroom, 2-bathroom pool home welcomes you home!. Boasting a recently installed roof, this modern residence offers an open plan floorplan, ideal for entertaining! Upon entering, you’re greeted by a spacious hallway that leads you into the heart of the home. The open and airy great room, positioned at the rear, offers seamless access and breathtaking views of your private pool area, creating the perfect backdrop for indoor-outdoor living and entertaining. The well-appointed kitchen is a chef’s delight, featuring ample cabinets, generous counter space, and a bright breakfast area overlooking the front of the home, ideal for enjoying quick meals before starting your day. The master bedroom retreat beckons with its king-size bed, walk-in wardrobe, and ensuite master bathroom, complete with access to the pool area for added convenience and relaxation. Accompanying the master suite are two additional bedrooms – a charming queen bedroom and a nautical-themed twin room, providing comfortable accommodation for family members or guests. These two bedrooms share a bathroom with a bathtub and shower. Step outside of your expansive living room onto the south facing pool area, where you’ll find your own private outdoor oasis, perfect for unwinding after a long day or soaking up the Florida sunshine. Whether you’re looking to let off some steam or simply enjoy moments of tranquility, this space promises endless relaxation and enjoyment. Conveniently located in Westridge, just off US Highway 27, this property offers easy access to grocery stores, restaurants, medical facilities, and major highways, including I4 and Highway 192. Additionally, the main attractions of the area are just a short drive away. Residents and guests can also enjoy the community amenities, including a pool, tennis court, playground, beach volley ball and sports field. Don’t miss your chance to experience the epitome of Florida living in this charming pool home. Schedule your private showing today and make this your new haven in the sun!

Ready to make a Move?

Bardell Real Estate are the experts in helping you with your selling, buying or renting needs near Orlando, Florida. Make your Disney area experience a forever memorable one. Call us now to speak to a real estate agent.

[formlift id=”36911″]