We hope you had a wonderful and safe holiday season and are excited for 2023. In the last year, TNG has grown in many ways, including new agents, staff, and Raving Fans. In the previous two years, TNG doubled our Raving Fans Club size. We couldn’t be more appreciative of our clients and the support they have given us. As we start this new year, we wanted to take a moment to reflect back on 2022 and all we were able to accomplish as a team. We also wanted to take a moment and let you all know what we are expecting to see in 2023 for the Orlando real estate market. Check out this video from Tom Nickley!
What to Expect for 2023 Real Estate
2023 is shaping up to be a great year for buyers and sellers. Interest rates are expected to lower into the 5% range in the second half of 2023. And with more homes expected to enter the market, buyers will continue to have more opportunities and less competition. Having more homes on the market helps us avoid those crazy multiple-offer situations like we had back in 2020. For our sellers, they will be able to tap into the equity they built over the years.
There are a lot of lenders out there that have programs to help buyers that are concerned with interest rates. These programs, like the 3-2-1 buy-down, get you a lower interest rate for your first couple of years, with the hope of being able to refinance down the line. We have worked with some of the best lenders around and would be happy to make an introduction.
In 2022 we saw so many familiar faces at our client events, at our office during your closing, or when you’ve come to pick up the moving truck. We have so much in store for 2023, bigger and better events, giveaways, and community events. We look forward to seeing you this year!
If you are thinking about buying or selling in 2023, give us a call at 407-906-2456, so we can help you make a move! Because of our amazing past clients, TNG was able to help over 100 referrals in 2022 buy or sell. We love having the opportunity to work with your family and friends. In 2023 we want to double that number of referrals. Please continue to keep The Nickley Group in mind when it comes to any real estate needs.