by Steve Silcock | Dec 11, 2013 | Homes, Villas and Condos, Investment Property in Florida, New Construction, Property for Sale in Orlando
From it’s initial launch this time last year the new Orlando Properties for Sale in Champions Gate have seen tremendous interest and the initial phase in The Retreat at Champions Gate sold out very quickly.
There are several communities at Champions Gate offering new Orlando Properties for Sale – providing a wide selection of homes to meet the most demanding requirements. Some of the communities have been developed specifically for the short term rental / vacation home market while others have been built for permanent residents and second home owners only.
The Retreat at Champions Gate is a purpose built vacation resort community close to Disney and contains a range of exclusive floor plans designed specifically for vacation home / short term rental investor. Tile roofs add a distinctive medditeranean feel and the planned community amenities include a stunning clubhouse with resort style pools, lazy river, cinema, tiki bar, fitness center……….Each home also includes a private heated swimming pool for you and your guests.
One of the big “success stories” for has been The Maui – a new floor plan unveiled by Lennar for the first time at Champions Gate and they have a limited number available for purchase right now although delivery will not be until April / May of next year – prices are starting at $493,000. Take a look around this stunning 8 bedroom 5 bathroom home by clicking on the video below.
If you are looking for New Orlando Properties for Sale contact one of our experienced agents today to talk about Champions Gate and the other exciting new developments in the Orlando area.
by Steve Silcock | Dec 9, 2013 | Investment Property in Florida, News, Real Estate News
This year Florida home prices have increased significantly with property prices increasing around 20% in some areas. Investing in a Florida Home still offers significant potential for growth and as inventory levels remain low Florida Home prices look set to continue their upward climb.
Daily Real Estate News | Monday, December 09, 2013
States in the West and in the South are expected to see the highest price gains in the next 12 months of about 4 to 8 percent, according to the REALTORS® Confidence Index Survey, a survey of about 3,000 REALTORS®. Tight inventory conditions persist in these areas, driving up home prices.
Nationally, REALTORS® expect prices to move up by about 4 percent in the next 12 months, according to the latest survey, based on data gathered in November.
The highest price growth in the next year is projected for California, Nevada, Utah, Arizona, Texas, Louisiana, Florida, Georgia, and South Carolina. Other states outside of the region that also are expected to see some of the larger price jumps include North Dakota, Minnesota, Michigan, and Massachusetts.
Source: “Expected Price Growth Strongest in West and South Markets,” National Association of REALTORS®’ Economists Outlook (Dec. 9, 2013)
by Steve Silcock | Dec 7, 2013 | Long Term Rental, Real Estate News
Making the decision to buy or rent property in Four Corners can be difficult – a recent report from the National Association Realtors identifies some of the things that need to be taken into consideration.
SANTA ANA, Calif. – Dec. 4, 2013 – As 2013 draws to a close, it’s fairly clear that the real estate market has gained strength: home sales are up, prices have firmed, foreclosures are down and mortgage rates remain close to record lows. Figures from the National Association of Realtors® (NAR) show that September home values on average were 11.7 percent higher than a year earlier, the 10th consecutive month of double-digit, year-over-year, increases. “What we have seen during the past year are signs of a broad national recovery,” says Ray Brousseau, executive vice president with Carrington Mortgage Services. “Pent-up demand and a growing population are two factors that have contributed to generally increased home prices.”
Interest rates
Interest rates also make ownership more attractive. According to Standard & Poors, the 30-year mortgage averaged 6.1 percent between 2002 and 2007. Over the longer term (the last 40 years), the historic average has been 8.6 percent. In comparison, mortgage rates were near 4.25 percent in October 2013. Lower rates over the past few years substantially impact affordability. Though mortgage rates have increased modestly since June this year, rates remain low by historical standards.
Housing costs
While home prices have risen over the past year, they have haven’t reached the peaks seen in 2007. From August 2012 to August 2013, house prices rose 8.5 percent; however, home prices were still 9.4 percent below their April 2007 peak, according to the Federal Housing Finance Agency.
Rental costs
While buying has become more attractive in recent years, rental costs have risen. For the latest information on the costs to rent property in Four Corners ask to speak to one of our experienced property managers. With fewer vacancies, rental rates are rising, and, at the same time, rental options have become more limited. When rental units are inexpensive and easily available, leasing can be an attractive choice. But as more people compete for rental units, rates tend to go up.
Home appreciation
When the value of real estate goes up, owners benefit from higher prices and increased equity. Tenants, on the other hand, have no ownership interest in the units they occupy. If values go up, it’s good news for their landlords. “We don’t know that the value of residential real estate will always appreciate,” said Brousseau, “But we do know that when home prices rise, the benefit goes to owners.” © 2013 Florida Realtors®
The good news is that you are not alone. If you are trying t decide to buy or rent property in Four Corners this next year contact one of our experienced Realtors today. We all live and work in the Four Corners area and would welcome the opportunity to help you make that decision.
by Steve Silcock | Dec 6, 2013 | Property for Sale
531 Majesty Circle Royal Palms, Davenport FL
Looking for a ready to go vacation home or primary residence for your large family – this property for sale in Royal Palms Davenport FL is definitely worth viewing. Six bedrooms, three bathrooms (two en-suites) no rear neighbors and your own private swimming pool make this well maintained fully furnished home a real must see. An open floor plan with dining space in the kitchen and a large great room this property is move in ready for a permanent residence or continue as an active rental property with bookings to transfer if you stay with the current management company. Click the image below to view more information on this property for sale in Royal Palms Davenport FL.
Located just 1 mile from J55 on I4 close to the Posner Park retail development and just minutes from all of Central Florida’s attractions. Click the video link below to view more on this Property for Sale in Royal Palms Davenport FL.
by Steve Silcock | Dec 6, 2013 | Homes, Villas and Condos, Investment Property in Florida, Property for Sale, Property for Sale in Orlando
644 Rochester Loop, Davenport FL 33897
Well maintained and prettily furnished 3/2 Florida villa for sale in Lake Davenport Estates Davenport FL Pride of ownership shows through as you enter the driveway and continues into the property. You enter into a small hallway off which are the two guest bedrooms which share the family bathroom. Walking forward from the hallway is the great room which overlooks and accesses the private pool area at the rear of the property.
The pool is accessible through the sliding doors at the end of the room which opens into a good-sized covered lanai. The master bedroom also has views of the pool area and is situated off the great room. The double garage could easily be painted and made into a games room should you wish to do so. Owner bookings to convey at closing – click the image below to view more information on this Florida villa for sale in Lake Davenport Estates Davenport FL
Located on Highway 27 just a half mile from the junction with the Highway 192. An established community only minutes from Disney and centrally located for access to all the areas main attractions and theme parks
Zoned for short term rental, the community facilities include a swimming pool, tennis courts and picnic area. The community also boasts a dock and direct access onto Lake Davenport, a 200 acre fresh water lake. Click the link to view more information on the community and other Florida villas for sale in Lake Davenport Estates Davenport FL.
