Trying to sell your Orlando real estate in a slow market can be frustrating. You may find that it takes longer to sell and you can’t get as much money as you could during a booming market. However, you can’t believe all the hype about a sluggish real estate market. Do your research and separate the facts from the fiction.
Here are 3 myths and the facts behind the fiction:
1. You won’t get a decent price. Your Orlando real estate will sell for whatever a buyer is willing to pay. A comparative market analysis shows you what other buyers spent on property like yours. Of course, if you bought your home when values were up, you may not get the return on your investment you’d hoped for. However, most sellers get a fair price and even make a profit in a slow market.
2. Your Orlando real estate will stay on the market too long. While it’s true that real estate tends to take longer to sell during a slow market, it’s not impossible to sell. People still buy in slower markets. If your home is priced right, prepared for sale and marketed professionally, it will sell.
3. Buyers only want foreclosures and short sales. The truth is that buyers want good deals, and this can be in the form of money or time. The price of a foreclosure or short sale may certainly be attractive, but they can take a considerable amount of time to close while the banks negotiate their terms. Paying slightly more for a traditional sale is sometimes well worth the time they can save.
Using my proven marketing plan, we can help you sell your home whether it's a slow market or a booming market. Call us today at 407-876-5771.
Showing posts with label Orlando MLS. Show all posts
Showing posts with label Orlando MLS. Show all posts
Wednesday, September 1, 2010
New Demands for Orlando Homes for Sale
A trend is slowly spreading through the nation, starting in cities such as Rockville, Maryland and Sacramento, California. This trend may bring hope for Orlando homes for sale. These cities are reviving, after seeing years of decline. Why? Because of a shift toward urban-style living.
The trend, if it persists (and many expect it will), is moving towards compact, walkable neighborhoods. In fact, walkability, as it’s called, is one of the fastest growing demands in real estate. Buyers want the ability to travel around a neighborhood without ever getting in their cars. Bike paths, walking paths and beautiful, tree-lined sidewalks are some of today’s high selling points.
Take Rockville, for example. A town square was built in Rockville. As a result, the dying town of Rockville is now a bustling place lined with shops, apartments, restaurants and vibrant street life. The same has happened in Sacramento, where neighbors feel comfortable going over to one another’s house to sit on the porch and chat.
What’s driving this trend? Among other things, it’s green living. Many homebuyers, including buyers of Orlando homes for sale, don’t seem to mind paying a little extra for a home that’s close to work with shops within walking distance.
So what’s the lesson in all this? As real estate agents have been warning for a few years now, green is in. Location, comfort and economical savings are also in. While money was good and spending was easy, we wanted to be far away from the city and the rat race.
Now that money’s tight, however, the Orlando homes for sale with convenient, walkable locations, green appliances and economical utilities seem to have the handle on the market. If you have any of these selling points, make sure you’re marketing them!
If you’re looking for a green home or a home in a convenient neighborhood, we can help. Call us at 407-928-2857.
The trend, if it persists (and many expect it will), is moving towards compact, walkable neighborhoods. In fact, walkability, as it’s called, is one of the fastest growing demands in real estate. Buyers want the ability to travel around a neighborhood without ever getting in their cars. Bike paths, walking paths and beautiful, tree-lined sidewalks are some of today’s high selling points.
Take Rockville, for example. A town square was built in Rockville. As a result, the dying town of Rockville is now a bustling place lined with shops, apartments, restaurants and vibrant street life. The same has happened in Sacramento, where neighbors feel comfortable going over to one another’s house to sit on the porch and chat.
What’s driving this trend? Among other things, it’s green living. Many homebuyers, including buyers of Orlando homes for sale, don’t seem to mind paying a little extra for a home that’s close to work with shops within walking distance.
So what’s the lesson in all this? As real estate agents have been warning for a few years now, green is in. Location, comfort and economical savings are also in. While money was good and spending was easy, we wanted to be far away from the city and the rat race.
Now that money’s tight, however, the Orlando homes for sale with convenient, walkable locations, green appliances and economical utilities seem to have the handle on the market. If you have any of these selling points, make sure you’re marketing them!
If you’re looking for a green home or a home in a convenient neighborhood, we can help. Call us at 407-928-2857.
Sunday, August 1, 2010
Economy Bringing Families Closer Together in Orlando Homes
Although the economy has been a catalyst for many issues, some of the trickle-down effects have had positive effects on Orlando homes. One of the most notable is that families are drawing closer together.
Over the past thirty to forty years, the “steps” to take for growing up were always one, grow up and two, move out. Few parents ever considered that their now adult children might be moving back in to their quiet, empty Orlando homes. However, with the economic problems hitting millions of Americans, the number of multi-generational households is growing.
During the Great Recession and more specifically in 1940, approximately 25% of households were multi-generational. Homes often held children, grandchildren, and sometimes even great grandchildren – four familial generations. However, as the U.S. economy began to prosper and the baby boomer generation grew into adults, more homes became single family households. By 1980, only 12.1% of homes held more than one generation.
Now, the percentages are once again beginning to climb. Loss of jobs, foreclosed homes and lack of security has contributed to approximately 49 million Americans, or 16.1%, living in multi-generational homes. While this is far from ideal for those in a hurry to leave the nest, the benefits are many.
I once asked a single mother what it was like moving back in with her parents. She said, “It was hard at first, redefining the boundaries, but having my parents around has been a blessing in disguise. My kids have a stabilizing influence and extra attention, while I get occasional breaks that I normally wouldn’t get. We eat dinner together too, which helps build the family atmosphere for my kids. It’s not all smiles and roses, there’s a lot of compromise, but it works.”
For those who have been thinking about letting your family move in to your Orlando home, try to consider more than just the negatives. Look at the positives as well. And what could be more positive than closer family ties?
Whether you need to upgrade to a bigger family home or downgrade to a smaller one, we can help. Call us at 407-876-5771 for more information.
Over the past thirty to forty years, the “steps” to take for growing up were always one, grow up and two, move out. Few parents ever considered that their now adult children might be moving back in to their quiet, empty Orlando homes. However, with the economic problems hitting millions of Americans, the number of multi-generational households is growing.
During the Great Recession and more specifically in 1940, approximately 25% of households were multi-generational. Homes often held children, grandchildren, and sometimes even great grandchildren – four familial generations. However, as the U.S. economy began to prosper and the baby boomer generation grew into adults, more homes became single family households. By 1980, only 12.1% of homes held more than one generation.
Now, the percentages are once again beginning to climb. Loss of jobs, foreclosed homes and lack of security has contributed to approximately 49 million Americans, or 16.1%, living in multi-generational homes. While this is far from ideal for those in a hurry to leave the nest, the benefits are many.
I once asked a single mother what it was like moving back in with her parents. She said, “It was hard at first, redefining the boundaries, but having my parents around has been a blessing in disguise. My kids have a stabilizing influence and extra attention, while I get occasional breaks that I normally wouldn’t get. We eat dinner together too, which helps build the family atmosphere for my kids. It’s not all smiles and roses, there’s a lot of compromise, but it works.”
For those who have been thinking about letting your family move in to your Orlando home, try to consider more than just the negatives. Look at the positives as well. And what could be more positive than closer family ties?
Whether you need to upgrade to a bigger family home or downgrade to a smaller one, we can help. Call us at 407-876-5771 for more information.
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