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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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From Boom to Bust and now a Pandemic

From Boom to Bust and now a Pandemic

by | Jun 9, 2020 | Blog, Buyers, Press Releases, Real Estate News, Renters, Sellers

From Boom to Bust and now a Pandemic

From the Boom years through the great recession of 2009, Steve Silcock Broker / Own er at Bardell Real Estate thought he had experi enced most chal-lenges a business owner can face …until the first global pandemic !! “For the last 30 years Bardell has helped it’s clients navigate the real estate markets in the Four Corners area through good times and bad … but this time it’s different”.

Originally from the UK and resident of Central Florida for 15 years, Steve’s 25 years of experience in business development and senior management roles in the UK Banking and Insurance sectors prepared him well for today’s challenges.

“Like many businesses we had to change, we adapted, and we learned to deal with the new norms. Face masks, gloves, plexiglass barriers it’s all part of the new world. We had to make some physical changes but dealing with so many international clients over the years means we were already well placed to pivot to an on-line world.

Whether our Agents are at home, in the office, or on the move, we remain connected to our clients, lenders, and title companies making sure today’s deals are managed just as efficiently despite the social distancing challenges.

Virtual video tours, Zoom meetings, remote closings, and electronic signatures may be new for some brokerages, but it’s been part of our process for years and that means we can continue to serve our clients buying, selling or renting in the Four Corners area ….even through a Pandemic.

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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For Sale- 2781 Rialto Ct Kissimmee FL

For Sale- 2781 Rialto Ct Kissimmee FL

by | May 22, 2020 | Blog, New Listing

For Sale- 2781 Rialto Ct Kissimmee FL

2781 Rialto Ct, Kissimmee, FL

For Sale

$ Click for current price
4 BEDROOMS | 2477 SqFt

This 4 bedroom/3 bathroom open floor plan home is customized to perfection, and is waiting for you! Captivating you at every corner with an oasis of sunshine that flows across the home as well as the high-end, quality upgrades you will find throughout the interior and exterior of the home. The home offers a stylish dream kitchen with top of the line appliances which transitions into the dining room and the great room. The Master suite, great room, and dining room all offer a breathtaking view of the pond. It also has a flex room to customize to your needs and/or wants. An elegance to the master suite offering a walk-in closet, equipped with dual sinks, walk-in glass shower with a view of the pond that will delight you every morning to a beautiful sunrise. Read More

 

Homebuyer Incentives

by | May 21, 2020 | Blog, Local Events, News, Press Releases, Real Estate News, Things to Do in Orlando

Homebuyer Incentives

Home buyer Incentives

Be sure you’re sending the right message to buyers when you throw in a homebuyer incentive to encourage them to purchase your home.

When you’re selling your home, the idea of adding a sweetener to the transaction — whether it’s a decorating allowance, a home warranty, or a big-screen TV — can be a smart use of marketing funds. To ensure it’s not a big waste, follow these do’s and don’ts:

Do use homebuyer incentives to set your home apart from close competition

If all the sale properties in your neighborhood have the same patio, furnishing yours with a luxury patio set and stainless steel BBQ that stay with the buyers will make your home stand out.

 

Do compensate for flaws with a homebuyer incentive

If your kitchen sports outdated floral wallpaper, a $3,000 decorating allowance may help buyers cope. If your furnace is aging, a home warranty may remove the buyers’ concern that they’ll have to pay thousands of dollars to replace it right after the closing.

Don’t assume homebuyer incentives are legal

Your state may ban homebuyer incentives, or its laws may be maddeningly confusing about when the practice is legal and not. Check with your real estate agent and attorney before you offer a homebuyer incentive.

Don’t think buyers won’t see the motivation behind a homebuyer incentive

Offering a homebuyer incentive may make you seem desperate. That may lead suspicious buyers to wonder what hidden flaws exist in your home that would force you to throw a freebie at them to get it sold. It could also lead buyers to factor in your apparent anxiety and make a lowball offer.

Don’t use a homebuyer incentive to mask a too-high price

A buyer may think your expensive homebuyer incentive — like a high-end TV or a luxury car — is a gimmick to avoid lowering your sale price. Many top real estate agents will tell you to list your home at a more competitive price instead of offering a homebuyer incentive. A property that’s priced a hair below its true value will attract not only buyers but also buyers’ agents, who’ll  be giddy to show their clients a home that’s a good value and will sell quickly.

If you’re convinced a homebuyer incentive will do the trick, choose one that adds value or neutralizes a flaw in your home. Addressing buyers’ concerns about your home will always be more effective than offering buyers an expensive toy.

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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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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