If you are looking for a home in Central Florida, you cannot afford to miss this latest update on the C.F. real estate scenario. Winter Park has clawed its way up to become the most sought-after city for potential home buyers. However, four other Lake County cities such as Tavares, Leesburg, Mount Dora, and Lady Lake also now dominate the list of the most popular housing markets in the region. This has been a reason for cheer among Orlando real estate agents as well as buyers.
Reasons for Winter Park’s Popularity
These areas ranked high in popularity as people found them to be a lot more appealing as they were not the conventional Florida subdivisions. These areas have sunny houses with traditional architecture. A lot of local businesses are also known to thrive in these regions. The growth in popularity has been pretty rapid and is still soaring. As such, other counties in the region are finding it hard to compete and have shown a declining trend in sales. On the other hand, various market reports have rated these areas on a number of parameters like the time houses listed for sale (in consultation with Orlando listing agents), growth in consumer interest, price cuts, and the like. All these parameters have shown a positive tilt towards these areas.
Orlando EDC’s opinion on the developments
The Metro Orlando Economic Development Commission has seen this turn of events as a positive sign. It is of the opinion that the developments will bring about an upswing in the economy of the region, by creating a flurry of activities around the real estate business. It will create jobs, pump in liquidity and give a boost to the infrastructure, manufacturing, and services industries. It will encourage local businesses further, turning the area into a self-sufficient, attractive region for high investments. Gradually, the benefits will trickle down to help the area prosper, possibly bringing in tourism as well.
This has turned out to be a happy surprise for the Orlando realtors. They are making the best use of this opportunity and promoting Winter Park to the best of their capabilities. Make sure to keep yourself updated with the latest happenings in the hottest real estate market in this area.
Searching For Properties In Central Florida
Are you or someone you know interested in looking at all the homes that are for sale in Central Florida, but you don’t want to speak to a real estate agent just yet? Feel free to use our home search tool. Within a few clicks of your mouse, you’ll be surfing the MLS just like a pro! All from the comfort of your own home.
You will have the capability to find Florida homes for sale according to the criteria that you type in like; Square footage, price, # of bedrooms, bathrooms, neighborhoods, etc.
