THE REAL-ESTATE COMEBACK IS NOW PICKING UP STEAM.

It’s happening! If you’ve wandered into a new-home sales center lately. I’m sure you’ve seen it, too. Those places are hopping. 

Needless to say, the numbers being reported also reflect an upturn. New-home sales are at their highest level in more than five years. Year- over-year sales are up a staggering 27.7 percent. 

And the good news just keeps coming; the median price of a new home increased 11.2 percent in August, to $256,900, the highest we’ve seen since March 2007.

So do all these numbers signal the housing market is back? Personally, I think when you add in the fact home resales surged in September, plus homebuilder sentiment is at a six-year high, all I can say I is, “yep.”

Of course, a healthy housing industry is good news for everybody since the economic impact of construction is so powerful, especially in Central Florida. 

If you’re buying, though, it’s time to get off the fence. The days of waiting a few months for another price decrease are over. Homes today are still incredible bargains compared to a few years ago, but the bottom of the market has come and gone.

Check out this issue of Florida Homebuyer Orlando for everything you need to know about navigating this market — from the new look of luxury to the boom in east Orlando.

I hope you enjoy this issue — and most of all, I hope it helps you make a smart buying decision.

THERESA SWANSON

Publisher

theresas@florida-homebuyer.com