Open in App
  • Local
  • U.S.
  • Election
  • Politics
  • Sports
  • Lifestyle
  • Education
  • Real Estate
  • Newsletter
  • WFTV Channel 9 Orlando

    Why these real estate experts say now is time to get back in the game

    By WFTV.com News Staff, Steven Ryzewski,

    2024-02-20
    https://img.particlenews.com/image.php?url=0vWixr_0rQ0lCbK00

    Editor’s note: This story is available as a result of a content partnership between WFTV and the Orlando Business Journal.

    Interest rates and the cost of debt dampened the momentum for what should have been an otherwise robust Central Florida real estate marketplace in 2023, affecting both the single-family housing market and institutional markets for high-end commercial real estate.

    ▶ WATCH CHANNEL 9 EYEWITNESS NEWS

    Now, with strong indications that the Federal Reserve’s interest rate hikes are behind us — and that rates may begin a downward trajectory later this year — there is a feeling that the region’s strong market fundamentals of job and population growth will begin to shine through the fog.

    Here’s what local experts had to say about the outlook this year in several sectors.

    Read: Rebuilding Together Central Florida in need of home repair applicants

    Click here to read the full story on the Orlando Business Journal’s website.

    Click here to download our free news, weather and smart TV apps. And click here to stream Channel 9 Eyewitness News live.


    Expand All
    Comments / 0
    Add a Comment
    YOU MAY ALSO LIKE
    Most Popular newsMost Popular
    Alameda Post12 days ago
    Total Apex Sports & Entertainment15 days ago

    Comments / 0