New Home Sales Slow—What It Means for Today’s Market Recent data shows that new home sales across the U.S. have dropped to their lowest level since late 2022, signaling a shift in buyer behavior as we move into 2026. In January, new single-family home sales fell sharply—down nearly 18% from December and over 11% compared to this time last year. While winter storms played a role in slowing activity, the bigger story is buyer hesitation driven by affordability challenges and economic uncertainty. What’s Causing the Slowdown? Several key factors are impacting the market right now: Mortgage rates remain elevated, making monthly payments less affordable Home prices are still high, even with some recent reductions Economic uncertainty is growing, including rising gas prices and global tensions Buyer confidence is wavering, especially with concerns about the job market When uncertainty increases, buyers tend to pause—and that’s exactly what we’re seeing. A Softer Spring Market Ahead? Spring is typically the busiest season in real estate, but early indicators suggest 2026 may start slower than usual. While there is still pent-up demand, many buyers are choosing to wait for better conditions. Builders are responding by cutting prices and offering incentives, but traffic may still lag behind last year’s pace. Inventory Is Growing One notable shift is the increase in available new homes: Inventory has risen to 9.7 months of supply, up from 8 months Builders are adjusting pricing strategies to move homes The median new home price dropped to $400,500, down from both last month and last year This increase in supply could begin to create more balance in the market—something we haven’t seen in quite some time. How Does This Compare to Existing Homes? The resale market is holding up slightly better, with a small increase in sales month-over-month. However, activity is still relatively flat year-over-year, indicating that the overall housing market remains in a cautious phase. Regional Trends New home sales are currently strongest in the South and Midwest, while activity has slowed in the Northeast and Western markets. What This Means for Buyers & Sellers Buyers: You may start to see more opportunities—price reductions, incentives, and increased inventory could improve affordability and options. Sellers: Pricing strategy is critical. Buyers are more selective, and homes that are not positioned correctly may sit longer than expected. Bottom Line The housing market isn’t crashing—but it is clearly recalibrating. With more inventory, price adjustments, and cautious buyers, we’re moving toward a more balanced environment. If you’re thinking about buying or selling this year, understanding these shifts—and having the right strategy—will be key.  Check back on my website for a review of Brevard County Florida's Housing Stats as of February 2026 Closing to see how it compares to nationwide home sales. Have a real estate question?  I love to talk real estate - I can be reached at dkstrawhand@gmail.com or call/text 321.317.8241.   Happy buying and selling!

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Florida Housing Market Outlook for 2026: What Buyers and Sellers Should Know As we move into 2026, Florida’s housing market is entering a more stable and predictable phase after several years of rapid change. While headlines often focus on interest rates or national trends, real estate remains highly local — and understanding both the statewide outlook and Brevard County market dynamics is key to making smart decisions. Florida Housing Market: Entering 2026 on Firmer Ground Across Florida, the housing market is no longer defined by extreme bidding wars or runaway price growth. Instead, we’re seeing a healthier, more balanced environment: Demand remains strong, driven by continued relocation to Florida, particularly among retirees and lifestyle buyers. Price growth has moderated, giving buyers more breathing room and sellers a clearer sense of realistic market value. Inventory has increased, offering more choices for buyers while rewarding well-prepared and well-priced listings. This shift doesn’t signal weakness — it signals normalization. Buyers are taking more time, sellers must be more strategic, and transactions are driven by preparation rather than urgency. Brevard County 2025 Year-End Snapshot: What the Numbers Tell Us The Brevard County annual data provides valuable insight into how our local market is behaving compared to statewide trends. Single-Family Homes Median Sales Price: $375,000 (down just 1.1% year-over-year) Homes Sold: 10,245 (slightly higher than 2024) Days on Market: Increased to 54 days Inventory: 3.7 months What this means:Prices have largely held steady, and demand remains solid. However, homes are taking longer to sell, which means buyers are being more selective. Sellers who price accurately and present their homes well are still seeing success, while overpricing leads to longer market times. Condos & Townhomes Median Sales Price: $280,000 (down 5.1%) Homes Sold: Down 6.9% Days on Market: Increased to 77 days Inventory: 7.1 months What this means:This segment is experiencing more pressure. Buyers have options, and pricing sensitivity is high. Condos and townhomes must be positioned carefully, with attention to pricing, condition, HOA health, and assessments. What This Means for Buyers in 2026 Buyers are entering one of the most favorable environments we’ve seen in years: More inventory and less competition Greater ability to negotiate price, repairs, or closing costs Time to evaluate neighborhoods, floor plans, and long-term value This is an ideal market for buyers who are prepared and informed. What This Means for Sellers in 2026 Homes are still selling — but strategy matters more than ever: Pricing correctly from the start is critical Presentation and condition impact time on market Understanding your specific neighborhood matters more than countywide averages The right approach can still lead to strong outcomes, even in a more balanced market. Final Thoughts The 2026 market rewards informed decisions. Whether you’re buying, selling, or simply watching the market, having accurate local insight makes all the difference. Real estate is never one-size-fits-all — and that’s where professional guidance becomes invaluable.  If you would like to discuss your situation and options regarding selling or buying in 2026, click HERE to send me a message.

Mortgage rates have dropped to their lowest level in more than three years, offering a welcome boost to the housing market as we head into the spring selling season. According to Freddie Mac, the average 30-year fixed mortgage rate fell to 6.06%, down from over 7% this time last year and the lowest level since September 2022. The 15-year fixed rate also declined, averaging 5.38%. The recent dip follows market reaction to a proposal by Donald Trump, suggesting a large government purchase of mortgage-backed securities involving Freddie Mac and Fannie Mae. While economists caution this may be a temporary reprieve, the impact has been immediate—mortgage and refinance applications jumped by 30%, signaling renewed buyer interest. Experts at Homes.com note that even a short-term reduction in rates can significantly improve affordability and confidence, especially as inventory and activity typically increase in spring. For buyers, it may mean lower monthly payments. For sellers, it could translate into more showings, stronger demand, and quicker sales. Bottom line: Momentum is building, and the housing market appears poised for a stronger spring than many expected.       https://www.homes.com/news/mortgage-rates-sink-to-lowest-average-in-more-than-three-years/935995439/?utm_source=sfmc&utm_campaign=Newsletter_Agent_Breaking&utm_medium=email&utm_content=cta

Turnkey Boutique Fitness Studio for Sale in Prime Orlando Location | E-2 Visa Ready If you’re searching for a fully built-out, low-maintenance, and modern fitness business in Central Florida, this turnkey boutique fitness studio in Orlando is an exceptional opportunity. Featuring all-new 2024 equipment, a loyal membership base, and strong franchise support, this studio is ready for a new owner to step in and continue its growth. Whether you're a seasoned entrepreneur or seeking an E-2 Visa qualifying business, this studio offers the perfect blend of stability, scalability, and hands-off systems designed for smooth daily operations. GROWTH OPPORTUNITIES: • Private training services - untapped revenue potential • ClassPass integration for member acquisition • Optum Health Insurance partnerships (4-8 free sessions monthly) • Community partnerships with local schools and businesses • Operational efficiencies ready for implementation  LEASE TERMS: • Monthly rent: $2,785 • Lease expires: February 1, 2027 • Favorable terms with renewal options available LOCATION ADVANTAGES: • Orlando's thriving metropolitan market • High demand for boutique fitness experiences • Business-friendly Florida environment (no state income tax) • Year-round warm weather and diverse population  This opportunity combines the stability of an established business with significant growth potential. The franchise model provides operational simplicity while multiple untapped revenue streams offer expansion possibilities for an engaged owner-operator. Reason for sale: Owner relocation and change in business priorities.  Perfect investment for E-2 visa candidates seeking a proven business model in Florida's dynamic fitness market.  For more information call Debbie at 321.317.8241 or email dkstrawhand@gmail.com

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Brevard County Commercial Real Estate Market Trends 2025 August 2025 Commercial Real Estate Update: Mixed Signals in a Cooling Market As we move through the second half of 2025, the commercial real estate (CRE) market continues to reflect broader shifts in the U.S. economy. With interest rates holding steady and signs of economic cooling, each major property sector is experiencing its own version of transition. Economic Backdrop: Rate Cuts on the Horizon? In July, the Federal Reserve kept its benchmark rate at 4.5% for the fifth consecutive meeting. Inflation remains slightly elevated at 2.7%, while job growth has slowed and unemployment inched up to 4.2%. Despite softer labor data, the economy showed resilience with 3% GDP growth in Q2, thanks to stronger consumer spending. With market conditions moderating, many analysts expect the Fed to cut rates as soon as September — a potential tailwind for commercial lending and investment activity.

Brevard County Real Estate Market Update | September 2025 Trends Brevard County Market Update Following August 2025 Closings The Brevard County housing market continues to show movement and opportunity for both buyers and sellers. While we’ve seen a slight dip in prices compared to last year, the market remains steady and balanced.