Real Estate News in the Central Florida Area and Around the Country.

Central Florida Real Estate Recap of January 2024

New Orlando Regional REALTOR® Association data shows spike in listings kicking off the new year.

State of the Market

  • New listings rose 46.3% from December to January, with 3,524 new homes on the market in January, compared to 2,409 in December.
  • Inventory for January was recorded at 8,217, up 4.8% from December when inventory was recorded at 7,838.
  • The median home price for January was recorded at $360,000, down from $367,250 in December. This is the third month in a row that median price fell. Median price has dropped $17,000 since October 2023.
  • January’s interest rate was recorded at 6.5%, down slightly from 6.6% in December. This is the third month…

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5 Signs Your House Will Sell Quickly in 2024

5 Signs Your House Will Sell Quickly in 2024

What Usually Stops a House From Selling

As we enter the real estate landscape of 2024, selling your home might be on your agenda. Understanding the signs that indicate a quick sale can empower you as a homeowner. In this guide, we’ll delve into five key signs that suggest your house won’t linger on the market. Whether you’re in the Sunshine State or beyond, these insights are tailored to help you gauge how fast your home might sell.

1. Exceptional Market Demand in Your Area

Real estate is fundamentally driven by supply and demand. In areas where housing inventory is low but buyer interest is high, homes tend to sell rapidly. This demand can be influenced by various factors, including economic…

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Average HOA Fees in Florida Compared [2024]

In 2024, understanding Homeowners Association (HOA) fees is more crucial than ever for anyone involved in the Florida real estate market. Whether you're a first-time buyer, a seasoned investor, or simply considering a move to the Sunshine State, these fees can significantly impact your budget and lifestyle decisions. This guide provides a comprehensive comparison of average HOA fees across various Florida locales, helping you make well-informed real estate choices.

Understanding HOA Fees in Florida

HOA fees are monthly or annual charges paid by homeowners within a community to cover shared amenities and services. These fees typically finance the maintenance of common areas, landscaping, and…

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Is It Harder to Sell a House With a Pool in Florida? 

IS IT HARDER TO SELL A HOUSE WITH A POOL IN FLORIDA

In the ever-evolving landscape of Florida's real estate market, homes with pools have carved out a significant niche. Known for its sunny weather and beachside allure, Florida naturally draws homeowners towards the luxury of having a private pool. The appeal lies in the lifestyle enhancement—a personal oasis for relaxation and entertainment. However, owning a pool in Florida isn't without its challenges. Maintenance, safety concerns, and varying market preferences can make pools a complex feature when selling a home. In this blog, we'll dive into whether these factors make it harder to sell a house with a pool in Florida.

The Pros and Cons of Owning a Pool in Florida

Florida’s warm climate…

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Central Florida Real Estate Recap of December 2023

Interest rates fell near the end of 2023, which enticed buyers who were waiting on the sidelines..

 

2023 Annual Market Recap

(Cumulative 2023 totals compared to cumulative 2022 totals)

  • The overall median home price in 2023 was recorded at $370,500, an all-time high and a slight increase of 1.5% compared to 2022 when the overall median home price was recorded at $365,000.
  • Overall sales in 2023 decreased by 20.1% with a total of 30,499 sales. Overall sales in 2022 were recorded at 38,162.
    • Single family home sales decreased in 2023 by 19.6% for a total of 22,530 sales compared to 28,022 sales in 2022.
    • Condo sales decreased in 2023 by 22.5% for a…

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How To Sell Your House in Florida Now

 HOW TO SELL YOUR HOUSE IN FLORIDA NOW

Selling a house in Florida can seem like an intimidating task, but with the right strategies and team, you can expedite the process and make it a smooth experience. From understanding the dynamics of the real estate market to preparing your home for a quick sale, pricing it right, managing legalities, and employing effective marketing techniques, each step plays a crucial role in ensuring a swift transaction. For homeowners wondering "how to sell my house now in Florida," let's delve into each aspect and check out valuable insights and tips to help you sell your house in Florida quickly.

Understanding the Florida Real Estate Market

To kick off your house-selling journey, it's essential to have a solid…

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What To Expect When Listing Your Home For Sale

WHAT TO EXPECT WHEN LISTING YOUR HOME FOR SALE

Selling a home can be a complex journey, combining emotional ties with strategic considerations. It's not just about parting ways with a property that you've called home; it involves navigating the intricacies of the real estate market. Being emotionally prepared for the home-selling process is crucial, and a strategic mindset is needed to make informed decisions, negotiate effectively, and secure the best possible deal. This journey requires both heart and strategy in partnership with a local real estate expert. Let's explore what to expect when listing your home in Florida.

Preparing Your Florida Home: Key Steps Before Listing

Preparation is key to turning the selling process into a rewarding…

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How Much Golden Oak Homes Cost & Where to Look Instead

How Much Golden Oak Homes Cost & Where to Look Instead

Nestled in the heart of Walt Disney World Resort, Golden Oak at Disney homes boast an unparalleled allure, offering residents a magical lifestyle intertwined with Disney's charm and prestige. This exclusive community, known for its luxurious estates and personalized Disney Park experiences, has become synonymous with high-end living. Located just minutes away from the popular theme parks, Golden Oak homes are prized for their unique features, including concierge services and access to private clubs. Despite their undeniable appeal, these dream homes come with a hefty price tag. Those yearning for the Disney lifestyle may find alternative nearby properties that provide a magical experience…

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Homes For Sale Without HOA Fees in Orlando, FL

Homes For Sale Without HOA Fees in Orlando, FL

In the competitive real estate market of Orlando, Florida, the prospect of homeownership often comes with the consideration of Homeowner's Association (HOA) fees. While these fees can provide community amenities and maintain a certain standard of living, some homebuyers are drawn to the allure of independence and cost savings that come with properties free from these types of financial obligations. In the pursuit of more autonomy and financial flexibility, some buyers may seek homes for sale without HOA fees. Let's explore Orlando homes for sale without HOA fees, where the charm of individuality meets the vibrant spirit of Florida living.

Understanding HOA Fees and Their Impact on Homeownership

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Pros & Cons of Living in Winter Haven, Florida

PROS & CONS OF LIVING IN WINTER HAVEN, FLORIDA

Are you considering a move to the Sunshine State? Has Winter Haven, Florida, caught your eye? This charming city nestled in Central Florida has a lot to offer, from its picturesque lakes and outdoor activities to proximity to many of the world's best theme parks. However, like any place, it comes with its set of pros and cons. Let's explore the highlights and challenges of living in Winter Haven, Florida, to help you make an informed decision about your potential relocation.

Winter Haven, Florida at a Glance

Winter Haven is a hidden gem in the heart of Florida. Located in Polk County, it boasts a population of around 43,000 residents. This city is known for its beautiful lakes, including Lake…

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