HOUSING SUPPLY IN CENTRAL FLORIDA

Housing supply in Central Central Florida is generally strong. This popular city Orlando, Florida and Dr. Phillips is a popular destination for both domestic and international tourist, retirees and job seekers. Here are a few key factors contributing to the local housing market demand in this region. Population growth has been experiencing significant population growth over the years.

The region's favorable climate, job opportunities, theme park attractions, golf courses and not from from beaches attract people from all around the world. A+ schools in parts of Orange County. Vacation and second homes have always been popular considering the great investment opportunities for personal or vacation use is a strong and desirable demand.

For buyers, new listings are stabilizing in 2023 is a positive turn coming out of a shifting housing market. It means you have a more steady stream of options coming onto the housing market and more choices for your next home than you would have at the same time last year in 2022. This opens up possibilities and allows you to explore a variety of homes that suits your needs.

For sellers, while new listings are breaking seasonal norms, inventory is still well below where it was before the pandemic. Your house needs to be on top of the buyers wish list in this season

Foreign investment attracts foreign investors and buyer's from many countries in South America countries like Brazil, Canada and the United Kingdom. This area is wide open with affordable housing to include and not limited to Condo's, townhome and single family homes. These investors see Central Florida as an attractive housing market for real estate investing, further driving the demand for housing.

This drives infrastructure development with gainful employment for new roads, public transportation systems and commercial development that adds to a viable  housing demand.

RETIREMENT DESTINANTION 

Central Florida is well known as a retirement destination due to it's warm climate, no State tax, golfing, recreational opportunities and amenities catering to older adults. Retirees relocating to this region contribute to the housing market demand, particularly for age-restricted communities like 55 plus and senior living options. Great health systems and education institutions attract families are in place that increase the housing market demand. Seek a trusted advisor to pave your way.

TRUSTED ADVISOR

As a trusted advisor, professional realtor and retired military veteran I am here to serve you in the Dr. Phillips and Central Florida housing market whether it is selling your home or for a home purchase. In the absence of trustworthy information whether it's a housing crisis or local housing market, real estate decisions are increasingly being driven by fear, doubt and uncertainty. We as trusted advisors drive the real estate community to ensure you make the right decision.

Part of my job is to keep you informed and educated about the local housing market trends, pricing inventory level, buying information on the buying and selling process to include common terms and videos. It is important to keep up to date on the housing market trends, don't get confused with the media, they talk national level, I can provide the most up to date local area data.

So don't let this shifting housing market delay your dreams, data reveals home values typically appreciate over time and that gives your net worth a nice boost. When you are looking for a home, look for your realtor with the heart of a teacher. If you are ready to start your journey, contact me today at 850 496-6412 to begin a new walk to homeownership and all your real estate needs.