Central Florida market— thoughts??

[Huso Akaratovic]

Greetings,

I’ve been thinking about a move to Orlando or one of the suburbs for at least 10 years now..as we all know life happens and I was never able to make that commitment and proceed forward. I’m getting this urge again this year, but my concern is buying a primary house at the peak of the market… the houses I’m interested in were selling pre Covid between 350to450 and their prices are now 550-650…

And of course the higher interest rates are not helping in this case neither..

What are your thoughts? Wait it out or just pull the trigger? I went to visit the area last week and I see a lot of new construction going on.. I am also noticing a lot of price decreases on some listings.. I’m interested to hear some perspectives.