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Whether you’re buying your dream home or selling your current one, I am a dedicated real estate expert who is happy to help while providing exceptional customer service.
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July 2023, Orlando, FL Market Update
🏡📈 Market Update for Orlando, Florida 📅 July 2023 🌟 Hi there, Orlando! It's Tamara Waters, your trusted REALTOR® from LPT Realty LLC, bringing you the latest market trends. Let's dive right into it! 🌟 📊 Did you know that we currently have a 1.82 Months Supply of Inventory? That means we have fewer homes available, indicating a competitive market for both buyers and sellers. 🏡✨ ✨ Looking back at the past 12 months, we've seen a 30% increase in Months Supply of Inventory. This tells us that demand is on the rise, making it an opportune time to make a move in the housing market. 📈🔥 💰 In terms of pricing, the List to Sold Price percentage is an impressive 98.3%! This means that sellers are getting closer to their asking price, showcasing the strength of the Orlando market. 💯✨ ⏳ Homes are also selling quickly, with a median days on market of just 13 days. This indicates a high demand for properties, so acting fast is crucial for buyers and sellers alike. ⚡️🔑 💵 Lastly, the median Sold Price stands at $390,000. This gives us a snapshot of the average price in Orlando, allowing you to gauge the value of your property or the potential cost of your dream home. 💼🏠 📚 Whether you're a buyer or a seller, these market trends provide valuable insights into the current real estate landscape. If you're considering a move, I'm here to guide you every step of the way. Let's chat! 🗣️💙 #MarketUpdate #RealEstateTrends #OrlandoRealtor #LPTRealty #TamaraWaters #OrlandoHousingMarket #BuyersAndSellers #HomeSweetHome
How to Buy a House on a Tight Budget
For individuals seeking to purchase a property while on a tight budget, it is paramount to consider various factors. One of the most crucial aspects to remember is that concealed expenses related to buying a home may not be apparent. For example, closing costs, property taxes, and home repairs can accumulate rapidly. To guarantee that you are fully equipped for the financial commitment of buying a home, educating yourself on these hidden expenses is essential. This will help you make an informed decision when purchasing a property within your budget. For first-time homebuyers, navigating the complex world of real estate can be especially challenging. Therefore, it is crucial to have a solid comprehension of your finances and how to manage them effectively. Here are five financial tips to consider when purchasing your first home: 1. Establish a budget: Determine how much you can afford to spend on a property and adhere to it. This strategy will help you avoid overspending and ensure you can comfortably make mortgage payments. 2. Save for a down payment: The greater your down payment, the lower your monthly mortgage payments will be. Commence saving as early as possible to guarantee that you have adequate funds for a down payment when required. 3. Obtain pre-approval for a mortgage: This will give you a clear idea of how much money you can borrow from a lender. 4. Do not disregard closing costs: These can accumulate rapidly and be a substantial expense, so ensure you budget for them accordingly. 5. Consider a fixer-upper: While purchasing a fixer-upper can be an excellent way to save money, it is crucial to carefully weigh the pros and cons. On the one hand, you will likely obtain a great deal on the property. On the other hand, you will need to invest time and money into making repairs and renovations. By adhering to these tips and being mindful of the hidden expenses associated with buying a home, you will be well on your way to achieving your dream of homeownership. 📅 So, whether you're looking to buy, ready to move, or simply curious about the current market trends, I'm here to help! Contact me, Tamara Waters, your trusted REALTOR®, for personalized guidance and support throughout your selling journey. Let's navigate the Orlando real estate market together! 🌟 #OrlandoRealEstate #MarketTrends #SellingTips #LPTRealtyLLC#HomeBuyingTips
Orlando, FL June 2023 Market Trends
🏡 Attention home owners in Orlando, Florida! 🌴 As a REALTOR® with LPT Realty LLC, I'm here to provide you with the latest market trends for June 2023. Let's dive in and keep you informed! 💪 📊 Did you know that there is currently a 1.73 Months Supply of Inventory in Orlando? 📈 Over the last 12 months, we've seen a significant increase of +41.8% in the Months Supply of Inventory. This indicates a shift towards a more balanced market, making it a great time to consider selling your home! 🏠 💰 When it comes to selling, the List to Sold Price percentage is a crucial factor. In Orlando, we're seeing an impressive 98.1% List to Sold Price percentage. This means sellers are getting close to their asking price, maximizing their return on investment. 💵 ⏰ Time is of the essence! The median days on market in Orlando is just 13 days. This indicates a high demand for homes, and buyers are acting fast. If you're thinking about selling, it's essential to have a proactive strategy in place to attract and capture these motivated buyers. ⏳ 💲 Wondering about the current market value of your home? The median sold price in Orlando is $394,500. This figure represents the midpoint of all home sales in the area, showcasing the overall market health. It's crucial to price your home competitively to attract buyers and ensure a smooth and successful sale. 💪 📅 So, whether you're ready to make a move or simply curious about the current market trends, I'm here to help! Reach out to me, Tamara Waters, your trusted REALTOR®, for personalized guidance and support throughout your selling journey. Let's navigate the Orlando real estate market together! 🌟 #OrlandoRealEstate #MarketTrends #SellingTips #LPTRealtyLLC
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