Whether you’re a first-time buyer, seasoned investor, or just curious about real estate, understanding the current housing landscape is essential. At RE/MAX Town & Country Realty, we believe informed buyers and sellers make the best decisions—so here are 10 important homeownership facts to help you stay ahead in today’s market:
1. Homeownership Builds Wealth Over Time
Owning a home is still one of the most effective ways to build long-term financial stability. On average, homeowners have a much higher net worth than renters, thanks to equity and home value appreciation.
2. Interest Rates Are Still Historically Low
While interest rates have risen from their 2021 lows, they remain historically favorable. Today’s rates are still much lower than they were in the 80s and 90s, making now a great time to invest in real estate.
3. Demand Still Outpaces Supply
Housing inventory remains tight in many markets. This means well-priced homes are selling quickly—and often with multiple offers—creating opportunities for sellers.
4. Buying Is Still Often More Affordable Than Renting
In many markets, monthly mortgage payments are comparable to or even less than rent payments. Plus, unlike rent, mortgage payments help build your equity.
5. Millennials Are Driving Homeownership Growth
Millennials now make up the largest group of homebuyers in the U.S. They’re seeking properties that offer flexibility, space, and long-term investment potential.
6. Equity Gains Are Strong
Homeowners have experienced significant equity gains in recent years. Even with some market cooling, many homeowners are sitting on considerable home equity they can use for renovations, investments, or life goals.
7. New Construction Is Expanding
Builders are working to meet demand with new homes—great news for buyers who prefer modern amenities and move-in-ready options.
8. Affordability Challenges Are Real
It’s no secret that home prices have risen. But with the right agent and strategy, buyers can still find homes that fit their budget—especially with price reductions and seller incentives becoming more common.
9. Real Estate Is Local
National headlines don’t always reflect your local market. In Central Florida, trends may differ from the broader U.S., making it essential to work with a knowledgeable local agent who knows the market.
10. Working with the Right Agent Makes All the Difference
Whether buying or selling, having a trusted, experienced agent on your side helps you navigate everything from pricing and negotiation to inspections and closing.
Have questions or ready to start your real estate journey in Central Florida?
Contact one of our experienced agents at RE/MAX Town & Country Realty. We’re here to guide you every step of the way.
