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Strongest Sales in a Decade

by | Jun 25, 2020 | Blog, Buyers, Homeowners, Local Events, Mortgages, News, Real Estate News, Renters, Sellers

Strongest Sales in a Decade

The new-home market is booming as states wind down sheltering-in-place restrictions, easing the search for a new home. Sales of newly built single-family homes last month jumped nearly 13% over 2019—that is the strongest May since 2007, according to newly released data from the U.S. Census Bureau.

However, while sales are rebounding, housing starts—the construction of new homes—posted a lackluster month, showing that builders are struggling to keep up with the quick resurgence in buyer demand. The strong rebound has caught builders off guard. Single-family housing starts in May were about 18% lower annually and building permits, a sign of future construction, was down about 10%.

Builders have a lot of catching up to do. The largest sales jump in May for the new-home sector was from homes that had not yet been started.

“Sales of homes not yet under construction are rising given capacity limitations in the building industry,” says Robert Dietz, chief economist at the National Association of Home Builders. “Due to labor and land constraints, homebuilders were already producing too few single-family homes given potential demand. As housing demand has picked up in recent weeks, builders have shifted sales to homes not yet under construction—a 20% year-over-year gain for such sales.

Homebuilders are ramping up hiring to help meet demand.

“There has been a production deficit in housing,” Stuart Miller, chairman and former CEO of Lennar, told CNBC. “We are shelter-supply-constrained, and that supply constraint means that all forms of shelter are going to thrive in the current market and probably be sustainable for the next year or two.”

The median sales price in May for a new home was $317,900.

Regionally, new home sales in May saw the largest annual gains in the Midwest (up 9.5%) and Northeast (up 6.8%), followed by more muted upticks in the West (up 1.4%) and South (up 0.3%).

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.

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States with the most Identity theft

States with the most Identity theft

by | Jun 25, 2020 | Blog, Buyers, Homeowners, News, Property for Sale, Real Estate Components

States with the most Identity theft

Your identity can be bought for as little as $1,192.58, a new study from Reviews.org shows. Scammers who steal identities and private information through data breaches sell the private information on the dark web, a collection of encrypted websites accessible only through special browsers.

And while you may be at more risk for identity theft depending on where you live, the danger doesn’t necessarily break down into regional categories, the study notes.

“With crime data, we’ve often noticed regional or population-based patterns that cause one state to have more crimes than another,” Reviews.org notes in its study. “But identity theft likelihood is a bit scattered. While certain states are at higher risk than others, there doesn’t seem to be a countrywide region or population-based pattern.”

Nevada has the highest reports of identity theft and personal data breaches in the country, according to the study. Iowa has the fewest reports of these crimes.

ake steps to keep your personal data safe. For example, use a virtual private network to access the internet so that your information is encrypted. Also, review this cybersecurity checklist from the National Association of REALTORS® to ensure you’re taking the necessary steps to keep yourself and your business safe from a breach.

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.

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Just Listed – 320 Ballyshannon Dr, Davenport 33897

by | Jun 17, 2020 | Blog, Homeowners, Homes, Villas and Condos, Investment Property in Florida, Uncategorized

Just Listed – 320 Ballyshannon Dr, Davenport 33897

320 Ballyshannon Dr, Davenport, FL

FOR SALE

$ Click for current price
4 BEDROOMS | 3 Baths (3 full ) BATHROOMS | 2247 SqFt

Welcome home to this extremely spacious 4 bed/ 3 bath property. A perfect family home in the beautifully maintained community of Hampton Lakes ideally located on Hwy 27 with easy access to I-4 at ChampionsGate or Posner Park, shops, schools, restaurants and medical facilities. The flowing floor plan comprises a large formal living room/dining combo, spacious family room/kitchen combo with breakfast nook overlooking the pool and sliding doors leading to the covered lanai and pool area. The split bedroom plan offers a master bedroom at the right front of the home, 2 bedrooms and bathroom to the left along with the laundry room, and the largest master bedroom is at the rear of the home with views of the pool, large master bathroom featuring a garden tub, separate shower, dual sinks and a huge walk in closet. Community amenities include 2 playgrounds, tennis courts and volleyball courts and the HOA fees cover ground maintenance.

 

ASAP-HOME CARE & REPAIR

by | May 21, 2020 | Blog, Local Events, News, Real Estate Components

ASAP-HOME CARE & REPAIR

SMALL BUSINESS SHOUT OUT

Over the last month, our lives have changed, and we are all trying to find our new normal! Together we can and will get through this time by supporting each other, especially the heart of our community – your local businesses. Local businesses are owned by your neighbors, they employ your neighbors, and they create the unique fabric of each community. They know their customers, develop relationships with their regulars, and find ways to give back. Now we must support them and help them thrive during this time.

ASAP HOME CARE & REPAIR

Originally from York, England, Paul hails from a background in farming and machinery and was a successful self employed builder for 15 years before making the move to Florida in 2018 where he established ASAP Home Care & Repair. With an uncanny eye for figuring out problems and a pride in his work, Paul is now enjoying providing reliable service in the Sunshine State ranging from irrigation, painting, bathroom & kitchen renovations, decking, minor repairs, general maintenance and much more.…  His caring attitude, a refreshing no nonsense approach and an unwavering desire to deliver quality workmanship, makes Paul a cut above the rest. Those looking for fast talking salesmanship need not apply!

                                                                         

 

Here are some ways you can help support local businesses, starting today!

1. Buy gift cards If you’re unable to visit your favorite store or restaurant, consider buying a gift card. Not only will you help their business, but gift cards will come in handy down the road when social distancing is no longer in effect. Not to mention, they make excellent gifts for birthdays and anniversaries.

2. Dine in/ takeout Most restaurants are open but are still offering takeout, pick-up, and delivery options. You can dine in or You can order from your favorite spot online or through food apps, like UberEats, Grubhub and Door Dash.

3. Keep paying your subscriptions If you have a steady income, consider paying your subscriptions for gyms, cleaning services, personal trainers, etc. even if they are temporarily unavailable. If you have a babysitter, hairdresser, barber, or business owner who depends on regular clients like yourself, think about continuing to pay them, even partial payments will help. You have no idea how much you’re helping those who are unable to work.

4. Shop locally Social distancing is in effect, but many local stores are Now open to their community. Small local businesses often carry a lot of the same products you find at the big chain stores. So, stop by and help them out by stocking up on the things you need. Many stores have online options, too, so you can still get what you need without leaving your house.

5. Hire someone for small projects Now is an excellent time to tackle some of those home improvement projects. If you need lawn care, landscaping, or anything fixed around the house, hire a local handyman, gardener or carpenter. Some home improvement and auto businesses are still available.

6. Online classes For those whose gyms and studios that are still closed, try their online classes and live streams. Personal trainers and health instructors have also switched to online platforms like Zoom and Google Hangouts. Some are running discounts, too!

7. Spread the word Do you have a hot tip on a local business whose product or service has made your quarantine life easier or more enjoyable? Take to social media and let your neighbors and friends know! Some people don’t know where to turn to get the things they want or need. Help a friend and share your suggestions and let them know about any special offers.

8. Donate You can never go wrong by donating to those in need, whether it’s online or with cash.

9. Write a good review If you’re unable to help financially, then use your words. You can help a business by giving them an excellent review and referring them to others. Customers gravitate to stores and services loved by others.

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.

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Just Listed- 131 OLD BRIDGE CIR, DAVENPORT

Just Listed- 131 OLD BRIDGE CIR, DAVENPORT

by | May 12, 2020 | Blog, Buyers, New Listing

Just Listed- 131 OLD BRIDGE CIR, DAVENPORT

131 Old Bridge Cir, Davenport, FL

FOR SALE

$ Click for current price
4 BEDROOMS | 1915 SqFt

Wonderful opportunity to purchase a well maintained 4 bed, 3 bath pool home with great curb appeal and great location! The home is currently used as a vacation rental and is being sold fully furnished and equipped but would also be a perfect residential family home. The open, split floorplan offers spacious accommodation comprising: living room/dining combo with patio doors leading out to the covered lanai; fully equipped kitchen with dinette area overlooking the pool; a spacious master bedroom suite with sliding glass doors to the pool, double doors lead to the ensuite bathroom with walk-in shower, corner tub, dual sinks and direct access to the pool. A second bedroom also enjoys the privacy of an ensuite bathroom while the third and fourth bedrooms are both set up with twin beds and share the guest bathroom. The indoor laundry room is off the kitchen and leads out to the 2 car garage which is currently set up as a fantastic games room. The beautiful pool area faces south for all day sun and benefits from lush mature landscaping offering privacy while swimming or relaxing in the spa. The large covered lanai is perfect for al fresco dining or simply chilling out …… The small, quiet community of West Stonebridge is ideally located on Hwy 27 with easy access to I-4 at Championsgate and/or Posner Park, shops, restaurants, golf courses, schools and medical facilities. The current owner has continually improved the home with tasteful décor and recently replaced the couches in the living area, mattresses in both the King and Queen master suites, new cushions for the pool furniture and the A/C was replaced in 2018.