Fed Ignores Housing Pain, 40K Deals Canceled, and Orlando Market Freezes
Orlando Real Estate Buzz Weekly Update by Brenden Rendo
Episode notes
"Flash Freeze" where Gold, Crypto, and Bond Yields all dropped simultaneously. What does this volatility mean for mortgage rates? Plus, a disturbing trend in Orlando Condos: HOAs are refusing to fill out lender questionnaires, effectively turning their buildings into "Cash Only" zones. We discuss what this means for buyers and sellers. Orlando Market Watch: Powell on Housing: 47 minutes on the economy, 2 seconds on housing ("It's weak"). The Relocation Shift: Why buyers are choosing Tennessee & Texas over Florida. Stats: Orlando median price drops below $400k for the first time in a year. Cancellation Crisis: 1 in 5 contracts are falling apart. Here is how to stop it.
Keywords
orlando housing markethousing marketreal estatemortgagesinterest ratesfederal reserveflorida real estateorlando realtormortgage rateshousehold debthome salesrealtorsnew constructionnew home pricesbond marketblackstonehomebuilders