Thinking Of Selling Your Home in Downtown Orlando? Zip Codes 32801 and 32806 are Red Hot. Do Not Sell Yourself Short
Below is a link to an article from the Orlando Business Journal. Home sales rose 28% in June. Not a surprise to me.
As I have been saying for a couple of months now, certain zip codes (32801, 32806) and neighborhoods (Lake Davis/Greenwood, Delaney Park, Thornton Park, ) remain very tight as far as inventory is concerned. Areas downtown are bouncing back quicker than other areas- for example Winter Park. Yet many downtown Realtors are not doing their homework and continue to price homes BELOW market value...and they are selling fast. Maybe too fast for some sellers. This really isn't very good for property values. Of course this has been a tremendous opportunity for the buyers I am working with. But buyers beware, it is supply and demand. As the inventory tightens in hot areas, your choices may become limited particularly with the low interest rates we have at the moment.
I have set u charts on the side of my blog that pin points specific neighborhoods so you can see the relationship between inventory and list price in your own backyard. These charts update automatically. If you are considering selling your home...make sure you know the value in today's market. Make sure there is strategy to market it properly. Use a Realtor who is a specialist in your neighborhood and has a proven track record of buying and selling in your area. Do not sell yourself short! Call me if you have questions or if you want to know the true value of your home....today.
Here is the article from the Orlando Business Journal
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