Heather the Realtor - Orlando Area's Top Real Estate News

Is it still a buyers market in Orlando, FL? You bet it is, but the buyers market is not the same across the board. And First Time Home buyer market is moving closer each month to a balanced market with certain price points already back in the sellers market territory. Dont get me wrong I dont think pricing is going any in the upward movement however it does mean that your offers need to be realistic and understand that a good home with a good price tag will move very quickly.

So your probably scratching your head thinking this Realtor is crazy and just trying to get me to buy. I don't blame you for thinking that, but keep reading and lets find out what the numbers mean.

"Buyer's", "Seller's" and "Balanced" Markets

There's a universally-accepted and used formula for determining whether it's a "buyer's", "seller's" or "balanced" market...

• more than 6 month's supply = buyer's market
• 5 to 6 month's supply = balanced market
• less than 5 month's supply = seller's market

The "month's supply" is determined by comparing the overall supply, should no new houses come on the market (active inventory)to the demand (homes going under contract/selling). So let's look at the supply and demand in Seminole & Orange County

As you can see the homes under the $50,000 have already moved into the sellers market and the First Time Home Buyers market is teetering close to that balanced market, but as you can see there is a large jump from the $250,000 price point and even larger supply in the luxury area with over 7 years supply.

Orlando area sellers this means if you want to sell you can but you have competition price accordingly and you will find a buyer. Buyers depending on price range you might need to move quickly on a home that you like and not get as aggressive with discounting the price.

If you are looking for a Seminole & Orange County Realtor who understands the area's market and absorption rates and can help navigate and educate you on the local market give Heather Joubran a call today.

Email Heather@HeatherTheRealtor.com or call/text me at 407-810-6304

Is it true Orange County & Seminole County down payment assistance programs like SHIP might be going away forever? I received and email today with the grave news that the housing funds from the state are on the chopping block. The senate is cuting over $123 million dollars from the budget and with those cuts would simply eliminate down payment assistance programs like SHIP.

If you want to see these programs stay around write your senate and congress.
 
 
Contact Senate President Jeff Atwater at atwater.jeff.web@flsenate.gov

Orlando Home Buyers looking for new construction look no further then Baldwin Park. Even a stepford wife would be jealous of this neighborhood. Baldwin Park is free from gates and fortress walls. It's a carefully planned neighborhood that has a true sense of community and is one of the friendliest one's in Orlando. With seemlingly endless places to meet up with your neighbors, friends and family all homes are walking distince to the local Publix, shops, doctors offices, CVS, schools and many restaurants, located all within the community.

Miles of endless sidewalk and trails blend seemlessly with the surrounding lakes and natural wildlife. There are 3 community pools for residents to enjoy, a fitness facility, 2  community clubhouses and more parks and playgrounds then I have fingers. Want to join a dog club, they've got it. Want to do yoga in the park, they've got it. Want a place to meet your mommy and me play group for dancing with your kids, they've got it at the all new Vibe. Baldwin Park is the perfect blend for all lifestyles and stages of life.

Homes come in a few main styles, from Mediterrain to Colonial to the custom estates. Garages are accessed by alleys in the rear of homes for a prettier and friendlier streetscapes. It's an Orlando community you'll be proud to call home

The community is a true slice of heaven, but the best part is the deals. If you are looking for a home in Baldwin Park  then you have come to the right place. I recently negotiated a few deals on some inventory units that are ready now. One property is a full $100,000 off asking price plus $15,000 in closing costs, got them to throw in hardwood floors and a refrigerator to seal the deal

I have a few deals left that are prenegotiated and I must say the homes are amazing. Brand new construction, all the bells and whistles starting in the low $300,000s for a nice single family home. Baldwin Park will be completed later this year so now is the time to get in.

If you are interested in purchasing one of these great deal you need to contact me by April 30th to take advantage.

Send me an email Heather@HeatherTheRealtor.com or text or call me at 407-810-6304

Have you dreamed about living in Lake Mary? Looking for new construction? 

I have negotiated a deal with a local builder who is trying to sell off their inventory right here in Lake Mary. There is a limited quantity of these units availble at this pre-negotiated price. These are NOT condo conversions and are newly built.

Community features a pool and playground, easy access to I-4, 417 and all that lake mary has to offer.

All monthly payments include (HOA, Taxes, interest, insurance and mortgage principle), all you need is $3500 to move in. With this home purchase you qualify for the $8000 First Time Home Buyer Tax Credit available to Lake Mary Buyers.

Unit A   2 Bedrooms/2 Bathrooms  1 Car Garage - Screened Balcony, Granite Countertops, SS appliances  $99,000 or $837/mo

Unit B   3 Bedrooms/2 Bathrooms   1 Car Garage - Screened Patio, Granite Countertops, SS Appliances    $114,9000 or $912/mo

Unit C    3 Bedroms/2 Bathrooms    1 Car Garage - Screened Patio, Granite Countertops, SS Appliances    $119,900 or $937/mo

Oh yeah forgot to mention.... ALL CLOSING COSTS PAID

If you are a Lake Mary First Time Home Buyer looking for a steal of a deal, then look no further, contact me today and start packing!

Heather Joubran   407-810-6304   Heather@HeathertheRealtor.com

*Must qualify for an FHA mortgage - each persons payments maybe slightly different based on credit score and interest rate. Each unit may have slightly different features.

Orlando Area buyers should have an agent..... Reason #1: We are Free. Our services are free and paid for by the sellers. Why do the driving, the negotiation, the schedule handling, finding properties, when someone who is skilled in purchases do it for you.

Reason #2: An Orlando Area buyers agent can save you money!  This week I had the opportunity to sit down with my clients, who are also my close UCF college friends and help them purchase their first home together. The recently got married and are now pregnant expecting twins. So onward to family bliss or in other wards Baldwin Park. A neighborhood even the stepford wives would be envious of. With my negotiating skills in hand and their bottom line in mind. I was able to get the builder to take off $97,000 from the purchase price, pay $15,000 in closing costs, upgrade the flooring and through in a refrigerator. 

More reasons to come later but I think the first two reasons are reasons enough to have an Orlando Area Buyers Agent on your side.