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Wondering if it still makes sense tosell your houseright now? The short answer is, yes. And if you look at the current number of homes for sale, you’ll see two reasons why.
An article fromCalculated Riskshows there are 15.6% more homes for sale now compared to the same week last year. That tells us inventory has grown. But going back to 2019, the last normal year in the housing market, there are nearly 40% fewer homes available now:
Here’s a breakdown of how this benefits you when you sell.
Are you thinking aboutsellingbecause your current house is too big, too small, or because your needs have changed? If so, the year-over-year growth gives you more options for your home search. That means it may be less of a challenge to find what you’re looking for.
So, if you were holding off on selling because you were worried you weren’t going tofind a homeyou like, this may be just the good news you needed. Partnering with a local real estateprofessionalcan help you make sure you’re up to date on thehomes availablein your area.
But to put that into perspective, even though there are more homes for salenow, there still aren’t as many as there’d be in a normal year. Remember, thedatafromCalculated Riskshows we’re down nearly 40% compared to 2019. And that large a deficit won't be solved overnight. As a recent article fromRealtor.comexplains:
“. . . the number of homes for sale and new listing activity continues to improve compared to last year.However the inventory of homes for sale still has a long journey back to pre-pandemic levels.”
For you, that means if you work with an agent to price your house right, it should still get a lot of attention fromeager buyersand couldsell fast.
If you're a homeowner looking to sell, now's a good time. You'll have more options when buying your next home, and there's still not a ton of competition from other sellers. If you’re ready to move, let’s connect to get the ball rolling.
2-28-2024
As the real estate market in Orlando, Florida continues to flourish, prospective homebuyers are presented with a multitude of exciting opportunities. Choosing the right neighborhood is a crucial decision that can greatly impact your living experience. Because J & S Group operates in and around the city of Orlando, we know which neighborhoods people are flocking to, or should be. Which is why we want to take a moment today to discuss that very subject. Without further ado, here are some of the best places around Orlando to move to in 2024.
Known for its innovative and wellness-centric community planning, Lake Nona offers a blend of modern amenities and natural beauty. With top-rated schools, medical facilities, and a variety of recreational spaces, Lake Nona is an attractive option for families seeking a well-rounded living experience.
Nestled just a short drive from downtown Orlando, Winter Park exudes charm and elegance. With tree-lined streets, historic architecture, and a vibrant arts and culture scene, this area appeals to those who appreciate a blend of sophistication and community warmth. It's also home to the prestigious Rollins College.
Situated southwest of downtown Orlando, Dr. Phillips is renowned for its upscale communities, excellent schools, and proximity to dining and entertainment options. The area offers a mix of luxury homes and family-friendly neighborhoods, making it a sought-after locale for diverse demographics.
Known for its picturesque landscapes and luxury estates, Windermere is a haven for those seeking an upscale living experience. With its proximity to renowned golf courses, pristine lakes, and top-rated schools, Windermere attracts residents who appreciate a serene yet sophisticated lifestyle.
Formerly a naval training center, Baldwin Park has transformed into a vibrant and pedestrian-friendly community. Featuring a mix of residential and commercial spaces, along with parks and lakes, this area offers a unique blend of urban convenience and suburban tranquility.
The heart of the city, Downtown Orlando, continues to evolve with new developments, entertainment options, and cultural attractions. Living in the downtown core provides easy access to theaters, restaurants, and the bustling energy of city life.
Northwest of Orlando, Apopka offers a suburban atmosphere with a focus on family-friendly living. With its parks, golf courses, and proximity to natural attractions, Apopka provides a laid-back lifestyle while still offering convenient access to the city.
Located northeast of Orlando, Oviedo is known for its highly-rated schools, parks, and recreational facilities. The area has a suburban charm, making it popular among families looking for a peaceful yet well-connected community.
As you embark on the exciting journey of buying a home in Orlando, Florida, the diverse neighborhoods and communities offer a range of options to suit your lifestyle preferences. The experienced team at J & S Group is ready to guide you through the intricacies of the local real estate market, helping you find the perfect home in one of these exceptional areas. Whether you're drawn to the cultural vibrancy of downtown or the serene luxury of Windermere, Orlando's real estate landscape has something for everyone in 2024.
2-19-2024