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Orlando, FL Real Estate News

By Walter DiLoreto, Real Estate Short Sale Specialist
(PHP Houses)
Multi-generational living is on the rise. According to the National Association of Realtors (NAR), 17% of homebuyers purchase a home to share with parents, adult children, or extended family. That’s the highest share ever recorded by NAR (see graph below): And what’s behind the increase? Affordability. NAR explains: “In 2024, a notable 36% of homebuyers cited “cost savings” as the primary reason for purchasing a multigenerational home—a significant increase from just 15% in 2015.” In the past, caregiving was the leading motivator – especially for those looking to support aging parents. And while that’s still important, affordability is now the #1 motivator. And with current market conditions, that’s not really a surprise. Pooling Resources Can Help Make Homeownership Possible With today...
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By Walter DiLoreto, Real Estate Short Sale Specialist
(PHP Houses)
As the market shifts, nearly 44% of today’s sellers are offering concessions. That includes throwing in perks for buyers like repair credits or help with closing cost. But here’s the key.Concessions aren’t losses. They’re tools. And the homeowners who understand that are winning – big time.The savviest sellers are using concessions to bridge gaps, sweeten offers, and get across the finish line.Because, with home prices up roughly 55% over the past five years, there’s plenty of room to negotiate and still come out ahead.Want to go over which levers are worth pulling in our market? Let’s chat. That way you know what’s working for sellers in your local area, whenever you’re ready to make your move. Contact us:PHP Houses142 W Lakeview AveUnit 1030Lake Mary, FL 32746Ph: (407) 641-1531Fax: (4...
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By Walter DiLoreto, Real Estate Short Sale Specialist
(PHP Houses)
Here’s something you need to know. The housing market is getting back to a healthier, more normal place. And even though it may not sound like it, this shift is actually a good thing.It’s what you should expect. It’s just that our expectations have been skewed by the intense seller’s market over the past few years.But what you need to remember is: there’s still plenty of opportunity to be had if you’re thinking about selling – whether that’s next month or next year. You just need to stay up to date on what’s happening in the market, and have a strategy that matches the moment. Here's your update.1. Inventory’s Up. Buyer Power Is Coming Back.According to the latest data, the number of homes for sale is rising back toward more normal levels (see graph below):But inventory growth is going ...
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By Walter DiLoreto, Real Estate Short Sale Specialist
(PHP Houses)
Fear of a recession is back in the headlines. And if you’re thinking about buying or selling sometime soon, that may leave you wondering if you should reconsider the timing of your move.A recent survey by John Burns Research and Consulting (JBREC) and Keeping Current Matters (KCM) shows 68% of people are delaying plans to buy or sell due to economic uncertainty.But it may not be for the reason you think. Not everyone is holding off because they’re worried. Some buyers are waiting because they’re hopeful. According to Realtor.com:“In 2025Q1, 3 in 10 (29.8% of) surveyed homebuyers said a recession would make them at least somewhat more likely to purchase a home . . . This reflects a common dynamic where some buyers see a downturn as an opportunity. If the economy enters a recession, the F...
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By Walter DiLoreto, Real Estate Short Sale Specialist
(PHP Houses)
A growing number of homeowners are overestimating today’s market. ​And that’s why the number of sellers dropping their price is back at normal levels.​A lot of the time this is happening because they’re not paying attention to current conditions. The best way to avoid that mistake? Lean on the expertise of an agent.If you want a proven pricing strategy that works for today's market, let's connect. Contact us:PHP Houses142 W Lakeview AveUnit 1030Lake Mary, FL 32746Ph: (407) 641-1531Fax: (407) 205-1951email: info@phphouses.comLet’s Connect:FacebookLinkedinTwitterInstagramThe information contained, and the opinions expressed, in this article are not intended to be construed as investment advice. The author does not guarantee or warrant the accuracy or completeness of the information or opi...
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By Walter DiLoreto, Real Estate Short Sale Specialist
(PHP Houses)
Life can feel a bit unpredictable these days. What’s happening with inflation? The economy? The housing market? But in the middle of all that uncertainty, there’s one thing a lot of people still crave – a place to call their own. Because when everything else feels up in the air, home can be the thing that grounds you. As the experts at 1000WATTput it: “Homeownership isn’t primarily financial anymore. . . Across all demographics, emotional and lifestyle factors consistently outrank wealth-building as motivators.” Here’s what owning a home can mean for you, especially right now. Freedom To Make It Yours When you're a homeowner, you don’t need to ask permission to paint a wall, hang a gallery of your favorite art, or redo the floors. You have the freedom to create a space that reflects wh...
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By Walter DiLoreto, Real Estate Short Sale Specialist
(PHP Houses)
There is no question that families and households are increasingly finding multigenerational living an appealing option. In fact, numerous statistics uphold that multigenerational housing is an escalating trend being driven by financial considerations and the desire for closer family ties. In fact, the number of multigenerational households surged to an all-time high of 17% last year, according to a “Home Buyers and Sellers Generational Trends Report ” by the National Association of REALTORS (NAR). This primarily motivated by the need for cost savings, with families combining incomes to afford home ownership. Another recent NAR report revealed that, nearly one-fifth (19%) of Gen Xers and 16% of Younger Boomers purchased multigenerational homes in 2024, further exemplifying shifting resi...
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By Walter DiLoreto, Real Estate Short Sale Specialist
(PHP Houses)
Are you thinking about buying a home, but not sure if now’s the right time? A lot of people are waiting and wondering what the market’s going to do next. But here’s something only the savviest buyers realize:This summer might actually be the best time to buy in years. Here are three big reasons why.1. You Have More Negotiating PowerAfter several years of sellers having all the leverage, things are starting to shift. Check out the graph below. It uses data from Redfin to show that right now, there are more sellers active in the market than buyers:Take a look at what happened back in 2021 through roughly 2023. In that time period, there were far more buyers (the blue line) looking to buy than homes for sale (the green line). That’s what drove the intense competition, bidding wars, and the...
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By Walter DiLoreto, Real Estate Short Sale Specialist
(PHP Houses)
It’s hard to let go of a 3% mortgage rate. There’s no question about it. It’s the main reason why so many homeowners have delayed their move in recent years. But here’s something to consider.While your low rate might be ideal, it doesn’t make up being too cramped, having a staircase your knees can’t handle anymore, or being 1,000 miles from your family. And those real-life needs are pushing more sellers off the fence despite today’s rates.Data shows the share of homeowners with a mortgage rate below 3% is dropping as more people move. And, as a result, the share of homeowners taking on a mortgage rate above 6% is rising, too (see graph below):The Biggest Reasons People Are Moving Right NowWhy are some homeowners willing to take on a higher rate? A survey from Realtor.com helps shed ligh...
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By Walter DiLoreto, Real Estate Short Sale Specialist
(PHP Houses)
There’s a misconception going around that you have to put 20% of the purchase price down when you buy a home. But the truth is, many people don’t put down that much unless they’re trying to make their offer more competitive.And if you want to give your savings a boost, look into down payment assistance. Most first-time buyers qualify and the typical benefit is $17,000.To learn more about your loan options or down payment assistance programs, connect with a trusted lender and check out downpaymentresource.com.  Contact us:PHP Houses142 W Lakeview AveUnit 1030Lake Mary, FL 32746Ph: (407) 641-1531Fax: (407) 205-1951email: info@phphouses.comLet’s Connect:FacebookLinkedinTwitterInstagramThe information contained, and the opinions expressed, in this article are not intended to be construed as...
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By Walter DiLoreto, Real Estate Short Sale Specialist
(PHP Houses)
Selling your house without an agent as a “For Sale by Owner” (FSBO) may be something you’ve considered. But you should know that, in today’s shifting market, more homeowners are deciding that’s just not worth the risk.According to the latest data from the National Association of Realtors (NAR), the number of homeowners selling without an agent has hit an all-time low (see graph below): And for the small number of homeowners who do decide to sell on their own, data shows they’re still not confident they’re making a good choice. A recent survey finds three out of every four homeowners who don’t plan to use an agent have doubts about whether that’s actually the right decision. And here’s why. The market is changing – not in a bad way, just in a way that requires a smarter, more strategic a...
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By Walter DiLoreto, Real Estate Short Sale Specialist
(PHP Houses)
Have you been holding off on downsizing? If so, you should know your equity could make your move possible.Homeowners today have so much equity that a record number are buying their next house in all cash. And that has some big benefits like making their offer more appealing, potentially closing faster, and not having a mortgage payment.To find out how much equity you have in your current house, let's connect. Because it may be enough to fuel your move. Contact us:PHP Houses142 W Lakeview AveUnit 1030Lake Mary, FL 32746Ph: (407) 641-1531Fax: (407) 205-1951email: info@phphouses.comLet’s Connect:FacebookLinkedinTwitterInstagramThe information contained, and the opinions expressed, in this article are not intended to be construed as investment advice. The author does not guarantee or warran...
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By Walter DiLoreto, Real Estate Short Sale Specialist
(PHP Houses)
When your house doesn’t sell, it doesn’t just feel frustrating – it feels personal. You put time, money, and emotional energy into this move. You told your friends and family it was happening. And now that your listing has expired without a buyer? You’re left feeling stuck, and maybe even a little embarrassed.And here's what most agents won’t tell you. Over 70% of homeowners who re-list with a different agent sell their house. Re-list with the same agent? That stat drops to only 50%, according to the latest data from REDX. That’s like leaving the fate of your sale to a coin toss. And that’s not good enough.REDX data also shows that only 1 in 3 homeowners with expired listings actually make that change. That means most sellers either give up or repeat the same mistakes, so they get the s...
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By Walter DiLoreto, Real Estate Short Sale Specialist
(PHP Houses)
After years of it feeling almost impossible to find a home you want to buy, things are changing for the better. Nationally, inventory is growing, and that gives you more options for your move. But here’s what you need to know. That level of growth is going to vary based on where you live. And that’s why you need an agent’s local market expertise.Here’s a quick rundown of the current inventory situation, so you know what’s happening and what to expect.Significant Growth Across the NationNationally, the number of homes for sale is rising – and that’s true in all regions of the country. That’s shown in this data from Realtor.com. In each of the four regions, inventory is up at least 19% compared to the same time last year. In the West, it’s actually up almost 41% year-over-year (see graph ...
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By Walter DiLoreto, Real Estate Short Sale Specialist
(PHP Houses)
Headlines are saying home prices are starting to dip in some markets. And if you’re beginning to second guess your plans based on what you’re hearing in the media, here’s what you need to know.It's true that a few metros are seeing slight price drops. But don't let that overshadow this simple truth. Home values almost always go up over time (see graph below):While everyone remembers what happened around the housing crash of 2008, that was the exception – not the rule. It hadn’t happened before, and hasn’t since. There were many market dynamics that were drastically different back then, too. From relaxed lending standards to a lack of homeowner equity, and even a large oversupply of homes, it was very different from where the national housing market is today. So, every headline about pri...
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By Walter DiLoreto, Real Estate Short Sale Specialist
(PHP Houses)
If you’re a first-time homebuyer, you might feel like the odds are stacked against you in today’s market. But there are resources and programs out there that can help – if you know where to look. And one thing that can make homeownership easier to achieve? An FHA home loan.They’re designed to help you overcome some of the biggest financial hurdles in the homebuying process – and that’s why so many first-timers are using them to make their purchase.Whether you’re dreaming of ditching rent, planting roots, or just wanting a place that’s truly yours, an FHA home loan could be the path that gets you there sooner than you think.Buying Your First Home Probably Doesn’t Feel Easy Right NowWhile the motivation to buy a home is still there for many people, affordability is a real challenge today....
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By Walter DiLoreto, Real Estate Short Sale Specialist
(PHP Houses)
Homeownership is one of the best ways to build wealth in our country and it’s easy to see why.As you pay down your mortgage and as home values rise over time, you gain equity – and that helps grow your net worth. That’s why a homeowner’s net worth is nearly 40X greater than a renters.But you should only buy a home when you’re ready and able to do it. If you want to build a plan to get there, let’s connect. Contact us:PHP Houses142 W Lakeview AveUnit 1030Lake Mary, FL 32746Ph: (407) 641-1531Fax: (407) 205-1951email: info@phphouses.comLet’s Connect:FacebookLinkedinTwitterInstagramThe information contained, and the opinions expressed, in this article are not intended to be construed as investment advice. The author does not guarantee or warrant the accuracy or completeness of the informati...
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By Walter DiLoreto, Real Estate Short Sale Specialist
(PHP Houses)
Now that buyers have more options for their move, you need to be a bit more intentional about making sure your house looks its best when you sell. And proper staging can be a great way to do just that.What Is Home Staging?It’s not about making your house look super trendy or like it belongs in a magazine. It’s about helping it feel welcoming and move-in ready, so it's easy for buyers to picture themselves living there.It’s important to understand there’s a range when it comes to staging. It can include everything from simple tweaks to more extensive setups, depending on your needs and budget. But a little bit of time, effort, and money invested in this process can really make a difference when you sell – especially in today’s market.A study from the National Association of Realtors (NAR...
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By Walter DiLoreto, Real Estate Short Sale Specialist
(PHP Houses)
A lot of buyers are pressing pause on their plans these days, holding out hope that mortgage rates will come down – maybe even back to the historic-low 3% from a few years ago. But here’s the thing: those rates were never meant to last. They were a short-term response to a very specific moment in time. And as the market finds its footing again, it’s time to reset expectations. Back in 2020 and 2021, 3% mortgage rates gave buyers a serious boost: more affordability, more buying power, and more opportunity. But those rates were a result of emergency economic policies during the height of a global plandemic. Now that the economy is in a different place, we’re seeing mortgage rates in the high 6% to low 7% range. And while experts currently project a slight easing in the months ahead, most...
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By Walter DiLoreto, Real Estate Short Sale Specialist
(PHP Houses)
Lately, it feels like every headline about the housing market comes with a side of doubt. Are prices going up or down? Are we headed for a crash? Will rates ever come down? And all the media noise may leave you wondering: does it really make sense to buy a home right now?But here’s one thing that doesn’t get enough airtime. Real estate has always been about the long game. And when you look at the big picture, not just the latest clickbait headlines, it’s easy to see why so many people say it’s still the best investment you can make – even now.According to the just-released annual report from Gallup, real estate has been voted the best long-term investment for the 12th year in a row. That’s over a decade of beating out stocks, gold, and bonds as America’s top pick. And this isn’t new. Re...
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