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Well here we are in the fourth quarter of 2007 and if you watch the news everyday you see that the sky is falling in the real estate market. There is no doubt that times are difficult, but don't lose sight of the positive aspects of these market conditions. Here in the Orlando area there are tons of new construction inventory homes available. You can take it to the bank that the builders that are selling these properties do not want to carry them onto the books into 2008 unsold.
Already there are tons of financial incentives being offered by builders, from closing costs and Association dues paid to free upgrades and low interest mortgage offers. This is in addition to making dramatic cuts in sale prices. If you are in the market for a new construction home, keep your eyes peeled because the deals will be sweeter as we tick down to the end of the year.
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For the first time in a long time, homes in the Metro Orlando area are inching their way back to affordability. With the abundance of inventory in both the resale and new construction sectors, buyers have choices that were not within reach just a couple of years ago. Some additional good news on the First Time Homebuyer Front is that Orange County has increased their maximum purchase price limit to $219,000 as of last month, and those that can qualify for their program can get up to $30,000 of assistance towards purchasing a home. This is a great time to explore all the opportunities available to help first time homebuyers get the jumpstart that they need to purchase their first home.
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CLICK HERE TO REGISTER ONLINE AND RECEIVE FREE PARKING
Come and Visit the Orlando Dreambuilders Team and Millenium Realty at Booth #527 at the Homebuyer's Expo this Saturday June 16th, 2007!
June is National Homeownership Month, and as part of celebrating homeownership, Florida Housing will host the 2007 HomeBuyer Expo on Saturday, June 16th from 10:00 a.m. to 5:00 p.m. at the Orange County Convention Center, Hall D2, West Building. The Expo includes hundreds of exhibits and booths showcasing resources available to secure affordable housing.
Highlights of the expo include free credit reports and credit counseling, workshops and seminars on securing financing, understanding the loan closing process and determining how much you can afford. This is a great opportunity for the general public to find out about local, state and federal affordable housing programs. Registration is free for consumers, and parking is free if you pre-register online. To register, go to the link above and sign up.
Hope to see you all there!
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• 3,779 sq. ft., 3 bath, 4 bdrm 2 story - 
MLS® #O4763049 $678,000
Bay Isle, Winter Garden - Bay Isle, A gated lakefront community with quiet park & playground. Very Spacious Cabarnet model in expanding area. Elegant yet comfortable describes this 4 bedroom, 3 full baths, 2 powder rooms estate, separate office and loft encompasses fine luxury.
Property information
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Lately there has been an assault on the Real Estate industry from all sides. Online home evaluators like Zillow.com claim that most of the services Realtors used to charge for can now be found free of charge on the internet. My question to all buyers and sellers out there is - what do you think? What is your current opinion of the real estate professionals in the industry and what experiences, good or bad, would lead you to choose or not choose to use a real estate professional for your future transactions?
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Owners Relocating and Very Motivated!
• 2,639 sq. ft., 5 bdrm 2 story
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MLS®
#O4731466
$434,900
- Reduced Price!
Sanctuary, Oviedo
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Beautiful spacious home on 1/4 acre lot. Upgraded tile, corian counters, and a bonus loft and balcony are just a few features of this Sanctuary home. Close to Oviedo's A rated schools, shopping and UCF. Lease option available. Click on the virtual tour. The Sanctuary is one of the most desirable communities in Oviedo. It features a spectacular 3200 sq. ft. community clubhouse where residents enjoy a fitness center, business center and conference room, cabana with summer kitchen facilities, adult pool and children's waterspout/interactive pool. Other recreational amenities include a children's playground, basketball and volleyball courts, a large soccer field and complete tennis facilities.
Property information