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REAL ESTATE NEWS! Navigating the Housing Market with Confidence

REAL ESTATE NEWS! Navigating the Housing Market with Confidence

by | Dec 20, 2023 | Blog, Buyers, Homeowners, Homes, Villas and Condos, News, Real Estate News, Renters, Sellers

REAL ESTATE NEWS! Navigating the Housing Market with Confidence

In an era of overwhelming headlines and social media buzz, the housing market can appear uncertain, leading to feelings of anxiety about buying or selling a home. It’s time to regain confidence in your decision-making process.

Navigating the media landscape, filled with challenging interpretations and sparking fear, doesn’t have to be daunting. Making significant decisions, such as purchasing or selling a home, deserves a confident approach. This is precisely where a trusted real estate agent, like those at RE/MAX Heritage in Orlando, FL, can make a substantial difference.

Your real estate agent will cut through the noise, distinguishing fact from fiction and providing you with the answers you need. Armed with a profound understanding of home prices, housing supply, expert forecasts, and market dynamics, they offer the best advice possible. Your agent will debunk headlines using trustworthy data and provide context by comparing current trends to historical data, normal market fluctuations, and more.

To ensure you have a comprehensive view, your agent can assess whether your local area aligns with national trends or if there are unique factors in your specific market. Together, you and your agent can leverage this information to make well-informed decisions.

Ultimately, a move is a significant milestone that should be approached with confidence and excitement. This is where a trusted real estate expert becomes invaluable.

In conclusion, if you’re seeking reliable information about the housing market and expert advice for your specific situation, reach out to a real estate agent in your area, such as RE/MAX Heritage. They are equipped to provide the guidance and assurance needed for a successful real estate journey.

For further information, Simply click anywhere within the text

Ready to make a Move?

Bardell Real Estate are the experts in helping you with your selling, buying or renting needs near Orlando, Florida. Make your Disney area experience a forever memorable one. Call us now to speak to a real estate agent.

 

REAL ESTATE NEWS! Navigating the Housing Market with Confidence

Real Estate News! Keeping Current Matter!

by | Dec 13, 2023 | Blog, Buyers, Homes, Villas and Condos, News, Real Estate News, Sellers

Real Estate News! Keeping Current Matter!

Rely on a Real Estate Professional for Support

Embarking on the journey of purchasing a new home or selling your current one is a multifaceted and emotional experience. You don’t have to navigate this intricate path alone. An adept real estate agent from RE/MAX Heritage in Orlando, FL, is your invaluable partner, providing expertise to guide you through these significant moments in life. Here’s how their assistance can truly make a difference.

When Buying a Home:
Whether you’re expanding your family and in need of more space or simply craving a change, a skilled real estate agent becomes your ally amidst market challenges. Despite factors like heightened home prices and mortgage rates, your agent can streamline the process. They invest the time to comprehend your unique needs, budget, and preferences, efficiently narrowing down your options and presenting suitable choices, ultimately saving you time and minimizing stress.

When Selling a House:
Life changes such as retirement, separation, or divorce may prompt the need to strategically sell your house. A real estate agent’s expertise becomes especially valuable in this scenario. They accurately assess your home’s market value, offer suggestions for enhancing its appeal, and craft a tailored marketing plan. With strong negotiation skills, your agent ensures you receive a fair price for your property, empowering you to embrace the next chapter of your life with confidence.

No matter your circumstances, entrust a reputable professional to guide you through the intricacies of buying or selling a home. In summary, if recent life changes necessitate a move, reach out to a local real estate agent at RE/MAX Heritage. They are poised to provide the support and expertise needed to make your real estate journey a smooth and successful one.

Access the link for further details and to stay informed with the latest information!! https://www.keepingcurrentmatters.com/2023/11/13/life-changing-events-that-move-the-housing-market/

Ready to make a Move?

Bardell Real Estate are the experts in helping you with your selling, buying or renting needs near Orlando, Florida. Make your Disney area experience a forever memorable one. Call us now to speak to a real estate agent.

 

Don’t wait- Marry the Home!

Don’t wait- Marry the Home!

by | Oct 24, 2023 | Blog, Buyers, News, Real Estate Components, Real Estate News, Renters, Sellers

Don’t wait- Marry the Home!

Path to Home Ownership- Dont Wait Marry the Home!

Are you eagerly waiting for interest rates to drop before taking the plunge into the world of homeownership? While the allure of lower interest rates is undeniable, there are compelling reasons why you should not postpone your decision to buy a home. In this blog post, we’ll explore why it’s essential to prioritize getting out of renting rather than holding out for interest rates to come down.

Interest Rates Are Unpredictable:
Interest rates are notorious for their unpredictability. They can rise, fall, or remain stagnant, and it’s nearly impossible to accurately time the market. Waiting for interest rates to reach your ideal level might lead to missed opportunities. Even financial experts often struggle to make accurate predictions about interest rate fluctuations. Instead of playing the guessing game, it’s wiser to focus on your readiness for homeownership.

Real Estate Appreciation:
Real estate has historically proven to be a valuable investment that appreciates over time. When you delay your home purchase, you miss out on potential gains from your property’s appreciation. Your property’s value could increase significantly, especially if you invest in a growing neighborhood. Instead of waiting for lower interest rates, consider the long-term financial benefits of owning property.

Renting Costs Money:
Renting a home might seem like a cost-effective short-term solution, but over time, it can become a significant financial burden. Every month you spend on rent is money that could have gone toward building equity in your own home. Homeownership allows you to make mortgage payments that contribute to your long-term financial stability, whereas renting provides no equity-building benefits.

Security and Stability:
Owning a home provides a sense of security and stability that renting cannot match. When you rent, you’re subject to the whims of your landlord and potential rent increases. Homeownership offers a stable living environment, and you have control over your property. You can make improvements, personalize your space, and enjoy the peace of mind that comes with owning a place you can call your own.

Tax Benefits:
Homeownership comes with several tax benefits, including deductions on mortgage interest and property taxes. These tax advantages can significantly reduce your overall financial burden, making homeownership more affordable in the long run. Waiting for lower interest rates may not outweigh the potential tax savings you could be missing out on.

In conclusion, while waiting for interest rates to drop might seem like a reasonable strategy, it’s important to consider the broader picture. The housing market is dynamic, and there are various factors at play. Instead of delaying your homeownership dreams, focus on your financial readiness and the long-term benefits that come with owning a home. Getting out of renting should be your number one priority, as it can lead to financial stability, security, and the opportunity to build wealth through property appreciation. Don’t let fluctuating interest rates hold you back from achieving your homeownership goals.

Ready to make a Move?

Bardell Real Estate are the experts in helping you with your selling, buying or renting needs near Orlando, Florida. Make your Disney area experience a forever memorable one. Call us now to speak to a real estate agent.

 

Get to know more about The Four Corners area

Get to know more about The Four Corners area

by | Sep 18, 2023 | Blog, Buyers, Homes, Villas and Condos, Investment Property in Florida, Long Term Rental, New Construction, Property Management, Real Estate Components, Renters, Sellers, Theme Parks and Attractions

Get to know more about The Four Corners area

Why move to the Four corners area 

 

Lake County

Location and Geography: Understand the town’s location, geography, and surroundings. Consider factors like proximity to major cities, access to natural amenities (e.g., mountains, beaches), and the local climate.

Housing Market: Investigate the town’s housing market, including rental and purchase prices. Determine the type of housing that suits your needs and budget. Check out properties for sell in the area  Resale Properties New construction 

Commute and Transportation: Calculate your daily commute time and transportation options. Determine if public transportation, walking, or biking is feasible, and assess the town’s traffic patterns

Community and Lifestyle: Explore the town’s culture, lifestyle, and community. Consider your interests, hobbies, and how well they align with what the town offers. Check out our Blog for future events 

Orange County

Location and Geography: The county seat is Orlando, which is also the largest city in Orange County. The county is known for its vibrant tourism industry, with popular attractions such as Walt Disney World, Universal Orlando Resort, and SeaWorld Orlando. Orange County is also home to a diverse population and offers a range of cultural, recreational, and educational opportunities.

Housing Market: It is a desirable location due to its proximity to popular attractions  and a range of amenities. These factors have contributed to a steady demand for housing in the area.

Commute and Transportation: Orange County has an extensive network of roads and highways, including Interstate 4 (I-4) and the Florida Turnpike, which provide convenient access to different parts of the county and beyond. Lynx is the public transportation system serving Orange County. It operates a network of buses that cover a wide range of routes throughout the county, including express routes to downtown Orlando. Lynx also offers a paratransit service for individuals with disabilities.

Community and Lifestyle: Orange County offers a vibrant community and a diverse lifestyle. The county is known for its warm climate, beautiful beaches, and numerous recreational opportunities such as a variety of outdoor activities, including water sports, golfing, hiking, and biking. Residents can enjoy exploring the county’s many parks, nature preserves, and lakes. Orange County is famous for its world-class theme parks, including Walt Disney World, Universal Orlando Resort, and SeaWorld Orlando. These attractions draw visitors from around the globe and provide residents with endless entertainment options.

Osceola County

Location and Geography:  Osceola County is characterized by a mix of urban and rural areas. It is part of the greater Orlando metropolitan area and is known for its proximity to popular tourist destinations. The county is bordered by Lake Tohopekaliga to the west and the Kissimmee River to the east. It also encompasses parts of the Kissimmee Chain of Lakes, which offers recreational opportunities for boating and fishing. Osceola County has a diverse landscape, including wetlands, forests, and agricultural areas. The county’s location in Central Florida provides a subtropical climate, with hot and humid summers and mild winters.

Housing Market: Osceola county offers a range of housing options, including single-family homes, townhouses, and condominiums. The prices and availability of properties can vary depending on factors such as location, size, and amenities. Osceola County has experienced significant growth in recent years, driven by factors such as its proximity to popular tourist destinations like Walt Disney World and Universal Orlando Resort, as well as its strong job market. This growth has led to increased demand for housing in the area. 

Commute and Transporation: Major highways that pass through or near Osceola County include Interstate 4 (I-4), which runs east-west and connects the county to Orlando and Tampa. State Road 417 (Central Florida GreeneWay) is a toll road that provides a convenient route for traveling north-south through the county. State Road 192 (Irlo Bronson Memorial Highway) is another major road that runs east-west and is known for its commercial areas and access to popular tourist destinations.

Community and Lifestyle: Osceola County offers a range of recreational activities and amenities. It is known for its natural beauty, with numerous lakes, parks, and outdoor spaces for residents to enjoy. The county also has a strong focus on sports and recreation, with facilities for golf, tennis, soccer, and more. Additionally, the county has a strong sense of community with various events, festivals, and cultural celebrations throughout the year. The local school system strives to provide quality education, and there are also higher education institutions in the area.

Polk County

Location and Geography: It encompasses a mix of urban areas, suburban communities, and rural regions. The county is known for its numerous lakes, with over 550 lakes dotting its landscape. The largest lake in Polk County is Lake Kissimmee. The county’s terrain features a combination of flatlands, rolling hills, and wetlands. Polk County is also home to various natural attractions, including state parks, wildlife preserves, and recreational areas. It offers opportunities for outdoor activities such as boating, fishing, hiking, and wildlife observation.

Housing Market: Polk County has had a diverse and competitive housing market. It is located in central Florida and offers a mix of urban and suburban areas. The county is known for its affordability compared to some neighboring counties, which can make it an attractive option for homebuyers.Factors such as population growth, economic conditions, and local amenities can influence the housing market in Polk County.

Commute and Transportation: Polk County is well-connected by a network of major highways, including Interstate 4 (I-4) that runs east-west through the county. Other important roadways include US Highway 27, US Highway 98, and State Road 60. Polk County offers public transportation services through the Citrus Connection. This includes fixed-route bus services that operate throughout the county, connecting various cities and communities. 

Community and Lifestyle: The county is home to several cities and towns, including Lakeland, Winter Haven, and Haines City, each with its own unique charm and amenities. The county also hosts various cultural events, festivals, and community gatherings throughout the year. Education is a priority in Polk County, with a number of public and private schools serving the community. The county is also home to several higher education institutions, including Polk State College.

    Ready to make a Move?

    Bardell Real Estate are the experts in helping you with your selling, buying or renting needs near Orlando, Florida. Make your Disney area experience a forever memorable one. Call us now to speak to a real estate agent.

     

    Just listed 333 LAKE HOWARD DR in Winter Haven

    Just listed 333 LAKE HOWARD DR in Winter Haven

    by | Sep 16, 2023 | Blog, Buyers, Homeowners, Homes, Villas and Condos, Investment Property in Florida, Real Estate Components, Renters, Retirement / 55+, Sellers

    Just listed 333 LAKE HOWARD DR in Winter Haven

    Blog Post 8

    333 Lake Howard Dr NW #204C, Winter Haven, FL

    Click here to Get Directions
    2 BEDROOMS
    2 BATHROOMS
    387 sqft Lot

    One or more photo(s) has been virtually staged. Welcome Home!! This 55+ community, piece of paradise in the heart of Winter Haven, Florida will not disappoint! Entertaining will not be an issue with your upgraded kitchen and spacious living area boasting with tons of light. This condo originally had a 3rd bedroom but was converted to formal dining room. The spacious master bedroom offers an on-suite bathroom with walk-in shower and closet. Enjoy all the amenities Imperial Harbours has to offer such as swimming pool, fitness center, and a private dock for boating and fishing on Lake Howard connected to the chain of lakes. Conveniently located just minutes away from Winter Havens finest shopping, dining, and recreational activities. Don’t miss the opportunity to make it yours! Schedule your private tour today and start living the Florida lifestyle today.

    Real Estate Market report- July 2023

    Real Estate Market report- July 2023

    by | Aug 30, 2023 | Real Estate News, Blog, Buyers, Homeowners, Homes, Villas and Condos, News, Renters, Sellers

    Real Estate Market report- July 2023

    July Home Sale

     

    July’s interest rate was recorded at 6.8%, up slightly from 6.7% in June. This is the second-highest interest rate in Central Florida in 20 years. October 2022 had the highest interest rate in 20 years at 7.0%

      • In ORRA’s new survey of Orlando REALTORS, 43% of respondents said that rising interest rates are the biggest challenge facing buyers, causing some buyers to wait out purchasing homes right now or look at lower price points.
    • Overall sales fell 8.7% from June to July. There were 2,852 sales in July, down from 3,124 sales in June. Sales in July 2023 were also 13.8% lower than July 2022, when there were 3,309 sales.
    • Inventory for July was recorded at 5,720, up 5.0% from June when inventory was recorded at 5,450.
      • Low inventory was cited as the second biggest issue facing buyers in ORRA’s new survey.
    • The median home price for July was recorded at $380,000, down from $385,000 in June. This is the first month this year that median home price has fallen.
    • Median home price in July 2023 was extremely close to July 2022, when it was recorded at $380,900.
    • New listings fell 7.8% from June to July, with 3,413 new homes on the market in July, compared to 3,703 in June.
    • Homes spent an average of 39 days on the market (DOM) in July, down from 41 days in June. This is still 85.7% higher than July 2022 when homes spent an average of just 21 days on the market.
      • Last year, 63% of Orlando REALTORS said clients were selling their homes in 10 days or less. This year, only 34% said clients are selling their homes in 10 days or less.
    • “Approaching the end of summer with interest rates at nearly their highest level in 20 years, we are seeing an impact on both buyers and sellers,” said Lisa Hill, Orlando Regional REALTOR® Association President. “More homeowners are being locked into ‘golden handcuffs’ – where they’re choosing to stay in their current homes to keep their low mortgage rates, which could be 3% or lower – and more buyers are choosing to wait in hopes that rates go down.”

    Market Snapshot

    • Interest rates increased from 6.7% in June to 6.8% in July. This is 27.7% higher than July 2022 when interest rates were 5.4%.
    • Pending sales fell, with 3,964 in June and 3,808 in July.
    • 25 distressed homes (bank-owned properties and short sales) accounted for 0.9% of all home sales in July. That represents a 10.7% decrease from June, when 28 distressed homes sold.