Cynthia Ross, Realtor

I am headed out to the Margaritaville development in Daytona on Saturday 1 to 4. Anyone interested in taking a look at some houses?

We've got like 15 open houses and villas!

Cynthia Ross - Lifestyle Realtor - Gaff's Realty | Popl My career of 20 years in the electronics industry led me to home improvement sales and at the sunset of my career I fell in love with real estate. I am thrilled to be part of making your dream come true.

I'm back .....let's go house shopping

Mortgage Rates & Real Estate Trends: Current and Future Outlook Current Situation • Mortgage rates (e.g., 30-year fixed) hovered around 6.5%–7%, dampening housing turnover and renovation activity . • Homebuilder sentiment dropped to its lowest since late 2022 (an index score of 32), with 37% of builders cutting prices by an average of 5% and 66% offering incentives . • The market remains “frozen”—sales are near historic lows, affordability is constrained, and existing homeowners are reluctant to move due to low-rate mortgages . Near-Term Predictions & Expectations • Forecasts on mortgage rates: • The National Association of Realtors expects average mortgage rates of around 6.7% in H2 2025, easing to around 6% in 2026 . • Fannie Mae projects a modest dip of approximately 0.32 percentage points in the second half of 2025—e.g., from just under 6% to around 5.5% (for 15-year loans) . • Goldman Sachs forecasts the 30-year fixed to rise toward 6.75% by year-end, owing to persistent inflation and elevated Treasury yields . • A Reuters poll sees mortgage rates averaging close to 7%, with affordability continuing to plague buyers . • Home price and inventory dynamics: • Home price appreciation is slowing—projected at about 3.5% annually through 2027 . • Goldman Sachs projects a 3.2% rise in home prices in 2025 . • Bankrate expects a continuation of price gains—but at a more moderate 2% for 2025 (down from ~4.5% in 2024) . • Inventory is gradually rising, offering more options and shifting some previously overheated markets into a more balanced or buyer-favorable environment . • Fed tone and policymaker commentary: • At Jackson Hole, Fed Chair Powell signaled a cautious openness to cutting rates in coming months, though no firm commitment was made . • The Fed is wrestling with conflicting demands—stimulating housing versus containing inflation, especially amid a surge in AI investment capital . • Market sentiment (and Fed messaging) increasingly leans toward a pivot: rate cuts are expected—some beginning as early as September, others by December  #lre #realestate #news #newsoftheday #breakingnews #goodnewsworld