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Daytona Beach Property Search

Buy Or Sell With James Jestes and eXp Realty

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James@JamesJestes.com

Serving The Greater Daytona Beach Area

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Winter Will Bring a Flurry of Activity to the Housing Market

Winter Will Bring a Flurry of Activity to the Housing Market | Simplifying The Market

In the second half of this year, the housing market surged with activity. Today, real estate experts are looking ahead to the winter season and the forecast is anything but chilly. As Lawrence Yun, Chief Economist for the National Association of Realtors (NAR), notes:

“It will be one of the best winter sales years ever.”

The typical winter slowdown in the housing market is simply not on the radar. Here’s why.

While today’s historically low mortgage rates are expected to remain low, they won’t be this low for much longer. This could be the last chance for homebuyers to secure such low rates, and they’re ready to take action. In a recent article, Bankrate explained:

“If you’re looking to buy a home…expect mortgage rates to remain low into 2021. However, the possibility of rates falling to 2.5 percent or lower has faded as the U.S. economy has rebounded.”

As long as we continue to see low interest rates, we’ll see hopeful buyers on the hunt for their dream homes. Yun confirmed:

“The demand for home buying remains super strong…And we’re still likely to end the year with more homes sold overall in 2020 than in 2019…With persistent low mortgage rates and some degree of a continuing jobs recovery, more contract signings are expected in the near future.”

The challenge, however, is the lack of homes available for sale. With that in mind, all eyes are on homeowners to see if they’ll sell this winter or wait until spring. Danielle Hale, Chief Economist for realtor.com, says it’s best for sellers to capitalize on this moment sooner rather than later:

“We currently see buyers sticking around in the housing market much later than we usually do this fall. If that trend continues, we will see more buyers in the market this winter, too. So, this winter is likely to be a good time to sell.”

With buyers ready to stay active this winter, sellers who want to close a deal on the best possible terms shouldn’t wait until spring to put their homes on the market.

Bottom Line

Experts agree the winter housing market could potentially be bigger than ever. Whether you’re ready to buy or sell, let’s connect today so you can be in your dream home by the new year.

 

GIVE ME A CALL AND LETS TALK ABOUT YOUR REAL ESTATE NEEDS – JAMES JESTES 386-315-4744

Most Recent MLS Listings Today

580 Rio Vista Avenue Daytona Beach FL 32114
Featured
1 / 69
$799,000
3
BEDS
2
TOTAL BATHS
1,841
SQFT
580 Rio Vista Avenue Daytona Beach, FL 32114
Single Family Residence For Sale
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Embrace the ultimate waterfront lifestyle in this stunning riverfront retreat, offering breathtaking views, deep-water access, and a private dock with a brand-new boat lift. This 3-bed, 2-bath, 1,841 sq. ft. home sits on 100 ft of deep water frontage

Listing courtesy of James Jestes of EXP Realty LLC
36 Allenwood Look Ormond Beach FL 32174
New Listing - 3 minutes on site
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$999,900
5
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36 Allenwood Look Ormond Beach, FL 32174
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Step into luxury living at this custom-built estate in Hunters Ridge! This stunning 5-bedroom, 4.5-bath home is an entertainer's dream. From the dramatic foyer with soaring ceilings to the formal living room with its cozy electric fireplace, you'll b

Listing courtesy of Bill Navarra of Realty Pros Assured
206 Canova Drive New Smyrna Beach FL 32169
New Listing - 3 minutes on site
1 / 95
$5,600,000
5
BEDS
4
TOTAL BATHS
4,316
SQFT
206 Canova Drive New Smyrna Beach, FL 32169
Single Family Residence For Sale
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100' of Direct Intracoastal Frontage • Private Floating Dock with Water, Electric and Lift • Central Beachside Hamlet • Most Coveted Waterfront Street • Serious Boaters and Entertainers this is your Legacy Address. WHEN LOCAL KNOWLEDGE IS REQUIRED...

Listing courtesy of Donna Concannon of NSB Homes LLC
3 Indian Springs Drive Ormond Beach FL 32174
New Listing - 13 minutes on site
1 / 90
$869,000
4
BEDS
3
TOTAL BATHS
3,028
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3 Indian Springs Drive Ormond Beach, FL 32174
Single Family Residence For Sale
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Welcome to Your Dream Home in Indian Springs! If you've been searching for a spacious, peaceful retreat that offers privacy, security, and convenience — look no further. Nestled on a beautifully manicured 0.68-acre lot in the exclusive gated com

Listing courtesy of Breezy LeVeille of Realty Pros Assured

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Related posts:

  1. Housing Market Positioned to Bring Back the Economy
  2. Experts Predict a Strong Housing Market for the Rest of 2019
  3. What Experts are Saying About the Current Housing Market
  4. Expert Insights on the 2020 Housing Market

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James Jestes Broker Associate SRN Real Estate Pros

James Jestes


Broker Associate | eXp Realty
386-315-4744
James@JamesJestes.com
I'm Available Daily:
8:00AM to 8:00PM

Call, Text or E-mail!

"As an Associate Broker with eXp Realty, I am dedicated to helping families and individuals accomplish their real estate goals by providing dedicated service when buying or selling a home. I have served my country in the U.S. Army and the U.S. Marines; I bring that same sense of service and selflessness to every one of my customers."

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Latest Real Estate Information

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BUY AND SELL REAL ESTATE WITH JAMES JESTES

James Jestes Broker Associate SRN Real Estate Pros

James Jestes


Broker Associate | eXp Realty
386-315-4744
James@JamesJestes.com
I'm Available Daily:
8:00AM to 8:00PM

Call, Text or E-mail!

"As an Associate Broker with eXp Realty, I am dedicated to helping families and individuals accomplish their real estate goals by providing dedicated service when buying or selling a home. I have served my country in the U.S. Army and the U.S. Marines; I bring that same sense of service and selflessness to every one of my customers."

FEATURED LISTINGS

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SEARCH ALL OF THE GREATER DAYTONA BEACH AREA

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Today’s Real Estate Information

  • 10 Great Homes For Sale In The Greater Daytona Beach Area
  • How To Get Your House Ready To Sell in 2025
  • Don’t Miss Out on the Growing Number of Down Payment Assistance Programs
  • What’s Behind Today’s Mortgage Rate Volatility?
  • Is Wall Street Really Buying All the Homes?

James Jestes, Your new favorite Realtor.

Hello my name is James Jestes and I am a Broker Associate with eXp Realty.  I am dedicated to helping you find your perfect new home. I’m a no hassle, no pressure agent here to help you accomplish your real estate goals. Please reach out to me and let me know how I can help you purchase or sell your home.

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eXp Realty
386-315-4744
James@JamesJestes.com

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