Kissimmee FL Real Estate Market Report January 2021

With its proximity to Orlando attractions such as Walt Disney World Resorts and Universal Orlando Resorts, Kissimmee has always been a favorite vacation destination. But in recent years we are seeing a marked uptick in the residential housing market in the area. For anyone currently living, or thinking about moving to Kissimmee, it's important to know what the real estate market is doing and where it is trending moving forward.

Kissimmee FL Estate Market Trends For January 2021

While there are a wide range of housing options within the city of Kissimmee, an average home features two bedrooms, two bathrooms, and measures roughly 1,300 square feet.

With an average sales price of $252,000, homes for sale in Kissimmee are gaining value of roughly 7%…

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When is the Best Time to Sell Your Home?

If you’re in the market to sell your home, it’s likely that you’ve asked yourself this question. You want your home to sell quickly and for the best possible price, but is now the best time to go down that path?

There are lots of online tools available, such as a home value estimators or seasonal data reports, that can give you an idea of the best time to sell.

The time in which your home goes on the market may not always be up to you (if you’re moving due to a job transfer, for example). However, it’s helpful to know what contributes to a home selling quickly and when buyers are most likely to act. Keep reading to find out.

What Inspires People to Move?

Here are the top four reasons homeowners sell:

1. To Upgrade To A New Or Better Home

The…

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How To Start a Real Estate Business

Zig Ziglar said, “If you fail to plan, you plan to fail,” which is especially true as you get a real estate business off the ground. You have to have a plan if you want to succeed. Let’s look at everything you need to know to start your own company.

Licensing and State Requirements

To being with, you have to get your license for the state in which you plan to work since you can’t practice real estate or get paid without one.

Requirements vary from state to state, and some licenses reciprocate from one state to another. However, take the time to do the research first to make sure you understand the requirements.

Aspiring Kissimmee real estate agents have a list of things to do to get a license. They must:
•    Complete an approved, 63-hour,…

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Central Florida Real Estate News - December 2019

Central Florida Real Estate News December 2019

ORLANDO HOME SALES, MEDIAN PRICE ON THE RISE IN NOVEMBER WHILE INVENTORY DROPS

November 2019 Recap

Orlando’s housing market in recorded 3% year-over-year increases in both median price and sales in November, reports the Orlando Regional REALTOR® Association. The association’s data also show that the inventory of homes available for purchase declined for the fourth consecutive month, with November’s 10 percent drop the steepest of 2019.

“Despite our ongoing inventory challenge, there are some very interesting forward-looking indicators this month,” says ORRA President Jeffrey M. Fagan, Watson Realty Corp. “For example, the pending sales tally is up 17 percent compared to…

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4 Helpful Tips In Preparing Your Home For Sale During The Holidays

4 Helpful Tips In Preparing Your Home For Sale During The Holidays

From November to December, homeowners are busy decorating their homes for the holiday season. But what should homeowners do if they’re trying to sell their home in the midst of it all?

With all of the houses for sale in Haines City, FL, how can you make yours stand out during the holidays? Here are three things to do to help make this process a little easier.

1. Set Expectations

Showing Your Home

Your agent understands the holidays are busy, as do the agents showing houses. Make sure they know you need a little time to be ready for a showing. Don’t make it too hard on them but asking for a couple of hours’ notice is a reasonable expectation.

Types of Buyers

Also, know that…

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How Much Power Does a House Use?

Years ago, no one really gave much thought to the amount of power a house required. Most houses in a neighborhood used about the same amount of energy because they all drew power from the same places.

Today, however, many people who are considering buying one of the Davenport, FL homes for sale want to know if the house was built to be energy efficient. Some may even want a house that’s green certified or that has an array of solar panels on it.

Understanding how much power a house should use and how to reduce that power is important to many homebuyers. Let’s break it down.

Power Is Measured in Kilowatt-Hours

The first thing you need to understand is how electrical power is measured. The standard measurement unit is a kilowatt-hour, often…

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What Amenities to Look for in a New Home

Often, homebuyers select a home based on its size, location, or price. However, if you’ve found several homes for sale in Winter Garden, FL that meet all of these needs, it’s time to start looking at the amenities each one offers.

In fact, you may even find a few amenities in a home that you love so much you’re willing to go a little over budget or be just outside of your preferred neighborhood to get them. Here are some of the top amenities to look for in a new home.

High-End Finishes

Marble countertops, real hardwood flooring, and ornate tile in the bathroom are considered higher-end finishes than carpet, laminate, and vinyl. If you see these more expensive finishes used in a home that still meets your price range, you may want to put in a bid…

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What Is a Spec Home In New Construction?

With so many homes for sale in Winter Haven, FL, you might be wondering, who builds them all? The answer is likely a spec or custom home builder.

Put simply, a builder constructs a spec home with the intention that a buyer will eventually purchase it. The term “spec” is short for “speculative” since builders are banking on the fact that someone will buy the home they’re building. As the name (speculative) suggests, building one of these homes is a gamble and not a guaranteed profit.

How Common Are Spec Homes?

Generally, a healthy economy and a good market requires about 1 million new homes need to be built per year to keep up with the growth of new households and attrition as homes age.

Over the last few years, new construction homes for sale…

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2 Myths Holding Back Home Buyers

Myths Holding Back Home Buyers

In a recent article, First American shared how millennials are not really any different from previous generations when it comes to the goal of homeownership; it is still a huge part of their American Dream. The piece, however, also reveals,

Homes for Sale in Davenport FL

 “Saving for a down payment is one of the biggest obstacles faced by first-time home buyers. Dispelling the 20 percent down payment myth could open the path to homeownership for many more.”

 Myth #1: “I Need a 20% Down Payment”

Buyers often overestimate how much they need to qualify for a home loan. According to the same article:

“Americans still overestimate the qualifications needed to get a mortgage, resulting in qualified…

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Buyers Are Looking Now. Are You Ready to List Your Home?

Inventory on the market today is low, especially among existing homes in the entry and middle-level tiers of the market. It is hovering well below the 6-month supply typically found in a more normal market, as shown in the graph below:

With inventory being one of the biggest housing market challenges today, finding a starter home right now isn’t easy. According to the Q3 Housing Trends Report from the National Association of Homebuilders (NAHB), 68% of those searching for a home think their search will get harder or stay about the same over the next 12 months.

The same study reveals,

“In Qtr3’19, buyers actively engaged in the process of buying a home are more likely to have spent at least 3 months searching (58%) than a year earlier…

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