by Steve Silcock | Sep 24, 2013 | Homes, Villas and Condos, Investment Property in Florida, New Construction, Property for Sale in Orlando
The real estate market continues to improve across the USA and Central Florida – evidenced by the big increase in homes for sale in Orlando New Construction Market. Florida home builders are enjoying a positive response and increasing sales in their new home construction communities:
Lennar was the first developer to offer homes for sale in their Orlando based luxury resort and golf community, Champions Gate. Shortly after they launched Victoria Woods in Providence Golf and Country Club located in Davenport and the second phase of their luxury resort Paradise Palms located in Kissimmee just 10 minutes from Walt Disney World.
Park Square Homes and DR Horton quickly followed suit with the successfully launch of their latest joint new home construction development in Davenport, Florida. Solterra is an upscale gated community located in Davenport within minutes of Champions Gate and Walt Disney World. 
The latest development which offers luxury town homes for sale with their own paved court yards is Waterstone located off Hwy 27. With home prices starting from $145,900 for 3 bedroomed town homes demand is high. Community pool, clubhouse with fitness center, children’s room, catering kitchen and lounge area available for use by residents and their guests.
The success of developers and their new home construction developments in Orlando, Florida is repeated throughout the US as the recovery of the new-home market picked up speed in August, with builders beginning construction on more single-family homes and building permits soaring to a five-year high, the Commerce Department reported Wednesday.
Construction starts on single-family homes rose 7 percent in August, reaching its highest point in six months, according to the Commerce Department.
“Home building seems to be holding up decently in the higher mortgage rate environment, probably due to the support of strong underlying fundamentals: thin inventories and steady household formation,” says economist Guy Berger.
Single-family housing starts rose across the country, with the West seeing the biggest gain: 17.5 percent. They increased by 9.6 percent in the Northeast, 7.1 percent in the Midwest, and 2.3 percent in the South.
“This is the kind of signal we’ve been looking for, with single-family starts and permits up or holding steady across every region in the nation,” says David Crowe, chief economist for the National Association of Home Builders. “Today’s report is reflective of gradual improvement in buyer confidence in the overall market and our recent surveys that indicate a solid outlook for single-family production. On the multifamily side, we are catching up with underlying rental demand. We expect to see additional multifamily starts in the future, but not as rapid a pace of growth as we’ve seen in the past.”
In August, starts within the multi-family market — which includes the volatile apartment and condo sector — dropped 11.1 percent. Higher mortgage rates could be making developers in the multifamily sector more cautious about starting new projects, Reuters reports.
Meanwhile, the gains are expected to continue for the single-family housing market. Building permits for single-family homes, a gauge for future construction, rose 3 percent in August to its highest level since May 2008. Building permits for multifamily homes plummeted 15.7 percent in August.
Source: National Association of Home Builders and “Home Construction Rises, as Do Building Permits,” Reuters (Sept. 18, 2013)
The number of developers offering new homes for sale in Orlando is a tangible sign that the real estate recovery in Florida is at the forefront of the US housing market return.
by Steve Silcock | Sep 23, 2013 | Homes, Villas and Condos, Investment Property in Florida, New Construction, Property for Sale in Orlando, Uncategorized
Prime Homes released inventory villas for sale in Waterstone Courtyard Villas on a first come first served basis and they are selling !!!! This is a great opportunity to pick up exceptional construction just minutes from Disney . The developer is offering $6,000 back at closing as a special incentive but this only applies to the inventory homes and they will not last long.
The Marbella 3 offers 3 bedrooms, 2 baths and 1,471 sq. ft. of living area. The Marbella 3 also comes with a 392 sq. ft. courtyard. Prices starting at $145,900.
he Marbella 4 offers 4 bedrooms, 2 baths and 1,664 sq. ft. of living area. The Marbella 4 also comes with a 392 sq. ft. courtyard. Prices starting at $155,900.
The Monaco 4 offers 4 bedrooms, 3.5 baths and 2,031 sq. ft. of living area. The Monaco also comes with a 380 sq. ft. courtyard. Prices starting at $184,900.
Waterstone Courtyard Villas is located just off Highway 27 in Davenport, Florida. Situated near I4, Waterstone is in a prime location for Disney World’s many visitors. Luxurious living featuring beautifully constructed courtyards for each villa, along with immaculate finishings to the interior makes Waterstone Courtyard Villas a tremendous investment opportunity.
by Steve Silcock | Sep 23, 2013 | Homes, Villas and Condos, Investment Property in Florida, News, Property for Sale in Orlando, Real Estate News
Anyone who has been following the investment market for Florida Villas for Sale will have seen lots of activity this year as the market continues to improve. Although we are heavily influenced by the high proportion of foreign investors who choose Orlando to purchase Florida villas for sale it is encouraging to see that the US housing market as a whole continues to take great strides towards “normality”.
Daily Real Estate News | Thursday, September 19, 2013
As the peak home-buying season comes to an end, rising inventories and slower, steadier home-price increases in many markets are showing a healthier housing recovery, according to realtor.com®’s National Housing Trend Report for August.
“Where we have seen significant volatility in many markets — including double-digit declines in inventories as well as increases in median price for both yearly and monthly views — we are now looking at a housing market that is less heated and moving closer to normalcy,” says Steve Berkowitz, CEO of Move, Inc., which operates realtor.com®.
Earlier this year, tight inventories persisted in many housing markets, leaving buyers with limited options and helping to drive home prices up. Future home-price increases on Florida villas for sale may be driven more by market demand than inventory shortages.
The majority of markets are ending the 2013 home-buying season on a positive note, with more balanced inventories, shorter times on market, and higher listing prices compared to a year ago, realtor.com® notes.
Nearly a third of the 146 markets that realtor.com® evaluated are within 5 percent of last year’s inventory levels. More than two-thirds saw a net increase in inventory levels over the last month.
Price appreciation is also becoming more widespread, realtor.com® notes. In August, 123 of the 146 markets posted year-over-year rises in median list prices. Seventy-eight markets saw an increase of 5 percent or more.
Source: “Dynamics Shift in Housing Market,” realtor.com (Sept. 12, 2013)
This report demonstrates that the improvements and increasing prices we have experienced on Florida Villas for sale in Orlando is being repeated across the US.
by Steve Silcock | Sep 18, 2013 | Homes, Villas and Condos, Investment Property in Florida, New Construction, News, Property for Sale in Orlando, Uncategorized
Waterstone Courtyard Villas Davenport is the latest new home vacation community being built near Disney World in Orlando Florida. and gain “neighbor” status with Florida’s most exciting attractions, relaxing resorts and world-famous golf, shopping and dining. Waterstone’s upscale homes are a premium address among the area’s finest vacation resorts and golf communities. It’s a hometown destination rich in natural beauty, museums, theatres and historical sites.
Waterstone Courtyard Villas is just minutes from life’s necessities and finest luxuries!
Close to:
- Walt Disney World
- Universal Studios
- SeaWorld
- Busch Gardens
- Championship Golf
- Lake Louisa State Park
- Florida’s Best Shopping and Dining
- Award-Winning Public and Private Education
This premium address among upscale residential resort and golf communities is a rareity in an area rich in entertainment, natural beauty, museums, theaters and historical sites. Built along wide pavered streets with enclaves of 3 and 4 bedroom courtyard villas, Waterstone offers an extraordinary level of style, fine finishes and craftsmanship.
Complete the form below to request more information on the exciting new development at Waterstone Courtyard Villas Davenport Florida
by Steve Silcock | Feb 11, 2013 | Investment Property in Florida, News, Property for Sale in Orlando, Uncategorized
I
f you have been asking yourself “Should I buy property in Orlando Florida this year” my answer would be a resounding YES !!! Prices are low but starting to increase, interest rates are historically low and homes are selling quickly. Now is undoubtedly a great time to buy property in Orlando Florida.
January saw a 65% increase in traffic on the Bardell Real Estate website and we have already seen a big increase in enquiries. New construction in the commercial sector, residential and vacation home market is picking up in the Disney area and we are finally seeing positive reporting on the economy as a whole. The extract below is from a recent survey published by USA Today.
WASHINGTON – Feb. 11, 2013 – The nation’s economy and job-creating engine will start to purr later this year as business activity picks up – more than offsetting federal government cutbacks, predict economists surveyed by USA Today.
After starting the year slowly, the economy will shift into a higher gear this summer and then grow for the next nine months at the fastest pace in three years, according to the median estimates of 46 economists.
“I think we’re really on the verge of this becoming a self-sustaining recovery,” says Richard Moody, chief economist at Regions Bank.
The economists expect average monthly job gains of 171,000, with the pace quickening late this year. They expect unemployment to fall from 7.9 percent to 7.5 percent by year’s end. In October, economists surveyed predicted average monthly gains of 155,000 jobs.
Several said they raised their forecasts in part after the government this month revised up its estimate of average monthly job growth from 153,000 each of the past two years to 175,000 in 2011 and 181,000 in 2012.
The revisions reflect a job market that’s expanding more rapidly than previously believed, Moody says.
After gaining an average of 157,000 jobs a month in the first quarter, the economy will gradually gather force and add 184,000 a month by the fourth quarter, the economists say.
Now is the time to start the process – looking back in a few years time I believe many will say that 2013 was the right time to buy property in Orlando Florida.
