Orlando, Tampa, Jacksonville near top of ‘likely to move’ list
IRVINE, Calif. – Aug. 16, 2018 – ATTOM Data Solutions’ Q2 2018 Pre-Mover Housing Index finds that Chicago, Washington, D.C., Orlando, Tampa-St. Petersburg and Atlanta posted the highest pre-mover index in the second quarter of 2018 in the larger-metro category. ATTOM says a high score is “predictive of a high percentage of homeowners moving in the third quarter.”
ATTOM’s quarterly report looks at 36 metropolitan statistical areas (MSAs) with at least 500,000 single-family homes and condos using data collected from purchase loan applications on residential real estate transactions.
The Pre-Mover Housing Index is based on the ratio of homes with a “pre-mover” indicator compared to total single-family homes and condos in a given geography, indexed off the national average. An index above 100 is above the national average and indicates an above-average ratio of homes that will likely be sold in the next 90 days in a given market.
Among a broader set of 131 metro areas with at least 100,000 single family homes and condos, those posting the highest pre-mover index in Q2 2018 were Wilmington, N.C. (206); Colorado Springs, Colo. (178); and Manchester-Nashua, N.H. (172); followed by Chicago (168) and Washington, D.C. (166).
“A higher pre-mover index bodes well for local real estate agents, home improvement stores, moving companies and others that benefit from the halo effect of a home sale,” said Daren Blomquist, senior vice president at ATTOM Data Solutions.
“Meanwhile markets with a low pre-mover index likely have a scarcity of inventory available to buy or relatively weak demand from prospective buyers – or some combination of both – which is not optimal for businesses that rely on the home sale halo effect,” Blomquist adds.
ATTOM has a pre-mover heat map on its website that displays the likelihood of home sales by city.
States with the highest pre-mover index in the second quarter of 2018 – predictive of a high percentage of homeowners moving in the third quarter – were North Dakota (275), Illinois (193), Nevada (164), Virginia (163), and Colorado (147). Other states with a pre-mover index among the 10 highest in Q2 2018 were New Jersey (133), Florida (133), Delaware (130), Maryland (127), and Utah (124).
WOW!! This is great news for Florida and its new, potential, residents. Contact one of our associates today to get more information about jump on this wagon and making the move to Central Florida!! Disney’s famous attractions and Central Florida’s lifestyle has so many things to offer visitors and residents, we want YOU to be a part of all of it! Contact us today to learn where to start on the Homebuying process.
Orlando Retirement Villa For Sale in Outdoor Resorts
9000 US Highway 192 Lot 408
CUTE and CLEAN! This is a one bedroom home….but….the laundry area is 10×10 and has a 2nd bed in it!! This home has real windows in the Florida Room, a sleeper sofa, step storage, a great kitchen/dining area with lots of storage, WOOD floors, a front outside storage closet, and backs up to the bath house. The a/c was replaced in 2017. This is a great home in a great 55+ community. The park is gated and the fees are $490/qtr which pays for your water, sewer, basic cable, trash, and lawn mowing. It is well maintained and just about the least expensive living in this area that you’ll find. Check it out before it’s gone!!
One of the best lots in the whole community. Plenty of space on all sides of the home and right across the street from the playground. This luxurious 4 bedroom villa has so much to offer and as soon as you walk in through the front door you will feel right at home. This property offers a feeling of luxury and space and boasts of 4 bedrooms with large spacious rooms throughout. This villa is located in the Community of Silver Creek only 10 mins to Disney. As soon as you step outside the rear, you will be welcomed by the spacious heated pool and spa and large deck area, ideal for sunbathing the day away on this oversized lot. Owner bookings may convey as well if desired.
Fannie Mae: Optimism to Buy a Home or Sell a Home May Have Peaked
The optimism convincing you to Buy a Home in Orlando may have peaked. Some may say now is the time, some may say it’s not. We believe if you are equipped with the right knowledge in order to Buy a Home, it will be the right investment decision for you. Perhaps you are not looking to buy a home but are looking to sell your home near Disney. Orlando is one of the most visited destinations and we want to help you sell your home!!
WASHINGTON – Aug. 8, 2018 – The Fannie Mae Home Purchase Sentiment Index (HPSI) fell in July for the second consecutive month, dropping 4.2 points to 86.5, after reaching survey highs in April and May.
Four out of six HPSI components declined.
The net share of survey respondents who said now is a good time to buy a home fell 4 percentage points, and the net share who said it is a good time to sell a home fell 6 percentage points. Additionally, the net share who said that home prices will go up in the next 12 months decreased 7 percentage points.
More Americans also expressed a decreased sense of job security, with the net share who said they are not concerned about losing their job falling 11 percentage points in July.
“Home purchase sentiment seems to have reached a plateau, with potential home sellers likely struggling to find a home to buy amid slow supply growth, expectations for rising mortgage rates, and significant home price increases,” says Doug Duncan, senior vice president and chief economist at Fannie Mae.
“Survey respondents cite ‘high home prices’ as the top reason why it is both a good time to sell a home and bad time to buy a home,” he adds. “This suggests a contributing factor to the low supply of existing homes for sale is that current owners are reluctant to trade up in a rising price market. Additionally, the shares of consumers citing favorable mortgage rates as a reason why it’s a good time to buy or sell a home both dropped to fresh survey lows.”
Home Purchase Sentiment Index snapshot
Fannie Mae’s 2018 Home Purchase Sentiment Index (HPSI) decreased in July by 4.2 points to 86.5. The HPSI is down 0.3 points compared with the same time last year.
The net share of Americans who say it’s a good time to buy a home fell 4 percentage points from last month to 24 percent.
The net share of those who say it’s a good time to sell fell 6 percentage points from last month’s survey high to 41 percent.
The net share of those who say home prices will go up fell 7 percentage points to 39 percent, falling under 40 percent for the first time since December 2016.
The net share of Americans who say mortgage rates will go down over the next 12 months rose 1 percentage point to 52 percent.
The net share of Americans who say they are not concerned about losing their job fell 11 percentage points from last month to 65 percent.
The net share of those who say their household income is significantly higher than it was 12 months ago rose 2 percentage points to 21 percent, matching the survey high from May 2018.
Are you ready to Buy a Home in Orlando and move into your Dream Home? Are you are interested inlooking to purchase the perfect Vacation Home in Orlando? Well, now is your time! Orlando is one of the most visited destinations for travelers from all over. Your Disney Vacation Home can be the perfect spot to vacation to and invest in. Contact one of our ProfessionalAgents today to help you make an educated decision on your future investment!
Orlando Retirement Home JUST REDUCED in Polo Park West
174 Jackson Park Ave
Orlando Retirement Home For Sale – THREE bedroom/two bath home with 78′ ON THE GOLF COURSE (#5 tee) in a gated 55+ community with LOW HOA fees ($580/year). This home offers a kitchen with a breakfast room overlooking the golf course, a separate dining room, split bedrooms, a 12×15 glassed-in Florida Room also overlooking the golf course, a tandem driveway, and an 8×10 storage shed. The lawn is partially grass and stone with path lights, and the roof was replaced approximately five (5) years ago. The a/c was upgraded with a new coil and switches two (2) years ago. This home comes mostly furnished less several personal items on the inventory sheet.
homes and condos in a given geography, indexed off the national average. An index above 100 is above the national average and indicates an above-average ratio of homes that will likely be sold in the next 90 days in a given market.
