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Most real estate agents will tell you that the best time to sell a home in the Orlando, Windermere, Winter Garden Florida areas is during the late spring and early summer months. When the weather turns warm, the vibrant growing season commences, and children can be seen playing happily in the yard, potential homebuyers really begin to connect with a house – even before they set foot across the threshold.
In real estate lingo, this is known as curb appeal.
Most potential homebuyers make a decision about a house within the first 30 seconds. For example, simply driving by a well-kept single family home for sale in the Orlando, Windermere, Winter Garden Florida areas is often enough to cause people to pull over and make an immediate call to their realtor. That’s because an inviting exterior promises an inviting interior.
To get the kind of curb appeal that really gets noticed, you have to be able to detach yourself from your home. You may have lived there for months or years, and have probably learned to overlook the overgrown shrubbery next to the sidewalk or the mailbox in need of repair. However, these are the first things potential homebuyers will see. You have to view your home as objectively as possible in order to begin making the necessary repairs to get noticed.
Look out for:
• Visible mold or mildew on the house, roof, or sidewalks
• Outdated exteriors
• Yard clutter
• Dirty gutters, siding, or windows
• Chipped paint
• How your home appears at dusk or even at night
• Overgrowth in the yard or on the sidewalks
• Dead plants or leaf piles
• Overly personalized doormats
Of course, if you’re really motivated to sell your home in the Orlando, Windermere, Winter Garden Florida areas, you may also want to consider upgrading your landscaping. Like staging your home or making repairs, restorative landscaping can give your house just enough polish to entice a higher level of buyers. In fact, in a recent study, it was determined that good landscaping can actually add 6 to 11 percent to your home’s sale price.
We all know that selling a home can be hard work. Increase your chances of success by making sure your potential buyers are impressed before they even get out of the car.
Central Florida home sales have risen to over 2000 in a month, the most since August 2006. Realtors were apart of 2131 for sale transactions in Orange & Seminole Counties last month. June of 2008, this number was only 1489. The amount of days on the market in June of 2008 was 121 days, this past June, only 104 days. The inventory of a year ago was 24,575, now just under 17,831. This continues to be a great time for buyers of Central Florida real estate and buying a home for sale, we may never see rates this low again and still plenty of inventory to choose from. For those renting now would be a great time to buy a home.
Here at Orlando Realty & Property Management our motto is “We Treat Your Home Like it is Our Own.” We rent, sell and manage homes, townhomes, and condos in Orlando, Oviedo, Winter Park, Winter Garden, Windermere, Kissimmee, and other areas of Central Florida
Did you know the best chance for selling your property is within the first seven weeks? It’s true. Leasing a property is similiar in that the first few showings give the owner the best chance at leasing it quickly and for the highest dollar amount.
Studies show that the longer a property stays on the market, the less the seller / landlord will net upon the sale. It is very important to price your property at a competitive market value at the signing of your listing contract. The market is so competitive that even over-pricing by a few thousand dollars could mean that your house will not sell. Same with leasing a property.
An Overpriced Home:
· Minimizes offers
· Lowers agents response
· Limits qualified buyers / renters
· Lowers showings
· Lowers prospects
· Limits financing
· Wastes advertising dollars
· Nets less for the seller / landlord
When you are ready, contact us for a personal market RENTAL OR SALE value analysis of your home. No hassles or obligation – just honest advice on how to get top dollar for your home!
See our next blog for more property management and real estate sales information.
The oldest use of the term “Real Estate” that has been preserved in historical records was in 1666. In other words, real estate has been around for a very long time. However, it is not going away! It will be around until the end of time. What a comfort that is. With the slump that is happening, it is a reassurance to know that even if the economy gets bad, real estate is here to stay.
Real Estate is a legal term, according to Wikipedia, that encompasses land along with anything permanently affixed to the land, such as buildings, specifically property that is stationary, or fixed in location. The word “fixed” is the keyword here, meaning unmovable. Real Estate is here to stay!
Wikipedia also states that it has been argued that the word Real is derived from “royal”. For hundreds of years the Royal family and/or King owned the land, and the peasants paid rent or property taxes to be on the Royal’s land. Today, just like hundreds of years in the past, we pay property taxes, or rent to be on the government’s land or the Royal Estate. Isn’t it great to know that even though we do have to pay property taxes our homes are owned by us and not a king or government or royal family!
This article has been a little bit about the history of Real Estate, but thankfully there is a great future for real estate. Make your own future and invest in “Real” estate.
If you are looking for a home or selling real estate in the Orlando, Windermere, Winter Garden Florida areas then we can help!
What better way to start the New Year, then to bring confidence to our 2009 Real Estate Market. Ringing in the New Year being hopeful and optimistic will allow us to decide what we can do to improve our way of thinking about what is currently going on in the market. The New Year begins with us having a positive outlook and is a promising time for those of us looking to buy a home in the Orlando, Windermere, Winter Garden Florida areas.
Here are a few reasons to make a real estate investment in 2009:
Lower Home Prices: Housing prices have fallen to more affordable levels, in some markets moving back to 2003 prices. Lower home prices expand the number of people able to afford to buy and own home, creating a greater demand in the 2009 Real Estate Market.
Historically low interest rates: 30 year fixed mortgage rates are nearing 5 percent and are expected to move to 4.5 percent or lower in the 2009 Real Estate Market. Compared to 6.25 percent rates seen earlier in 2008, a rate of 4.5 percent would mean a monthly savings of $218 on a $200,000 mortgage. Lower monthly costs will keep people in their homes, reduce the number of homes on the market and lead to a stabile housing market.
The New Year brings optimism for the 2009 Real Estate Market. It is already evident that the housing inventories and prices are beginning to stabilize. The combination of lower prices and historically low interest rates will lead to a very good housing recovery.
No one can predict a market bottom, however it appears the worst of the market turmoil is behind us. The drive to stabilize and improve the housing market should lead to an improved 2009 Real Estate Market.
Let us all take a good peek into our own personal outlook on the 2009 Real Estate Market. With the interest rates low and many homes available, there is no better time than the present especially if you are looking for a home in the Orlando, Windermere, Winter Garden Florida areas.