Central Florida Real Estate Market Recap of August 2022

This is the second month in a row that the median home price has fallen with the median price recorded at $377,500

August 2022 Recap

State of the Market

  • The median home price for August 2022 was recorded at $377,750, a slight decrease of 0.8% compared to July’s median home price, $380,900. This is the second month in a row that the median home price has fallen.
  • Inventory rose 3.7% in August, from 6,518 to 6,762. This is the fourth straight month of inventory increases.
  • Homes spent an average of 27 days on the market in August, jumping 28.6% from July when the average was 21 days.
  • Interest rates remained relatively flat – 4% in July vs. 5.3% in…

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Should You Renovate First Before Selling Your Home?

should

Maybe your family has outgrown your space or you simply need a new point of view. It could be that something about the kitchen annoys you, or you’ve just always wanted some particular feature that is currently missing. Whatever the reason, almost every homeowner eventually bumps up against a seemingly inevitable question: renovate or sell?

The honest answer is “it depends.” Obviously, every homeowner’s circumstances are different, but also, what some may list as a pro, others might list as a con. The only way to decide what works for you is to consider some important factors that can influence your decision.

Budget

If you are considering renovating to sell your house, you will need to…

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Your Checklist for Finding The Best Neighborhood In Florida

Moving to a brand new state can be a lot of things- exciting, overwhelming, and even confusing. Deciding where your family will live for the foreseeable future is a huge commitment, especially if you aren’t familiar with the area. As big as Florida is, nearly every type of community is available, so the neighborhood you choose could have a huge impact on your experience. But if you’re asking yourself, “what should I know before I move to Florida?” this guide is for you. Read on for tips on choosing the neighborhood that fits your needs.

Location 

If you are moving to Florida for a job, to be near family, or anything else with a geographic component, this will be the place to start.…

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