Interest rates soften- buyers have few options

Mortgage interest rates dropped during June but the improved home financing did not boost overall sales in the core market, a new report shows. Median prices in an area of mostly Orange and Seminole counties increased to $207,000 during June – up 15 percent from a year earlier and up about 2 percent from a month earlier, according to a report released Friday by Orlando Regional Realtor Association. Allyn Maycumber of Keller Williams Advantage says that with such a limited supply of on the market,it is making it very difficult to find buyer’s the right home. What the market needs is a influx of well priced homes to offset the abundance of new buyer’s entering the market.money

In the Lake Nona area of Orlando, Florida we do have a strong new housing development engine, and that is indeed giving our local buyers more options than most buyers across the country. Remember if you are interested in new construction let us represent you. The builder already factors in our compensation, and we carefully review your new home build contracts to make any needed changes to protect you. Meet us personally, or verify our single agency representation for you by email. The same applies to existing home sales. Our real estate expertise with Florida sales contracts is extensive, and so very important for one of the most critical asset purchases in your life.