WOW.. What great summer it has been in Real Estate for the Central Florida market. Sales are up, inventory is down, interest rates are still at historic lows, and home prices are still fantastic. It truly is the best time to buy a home. For all those buyers sitting on the fence waiting for the bottom of the market, guess what???? You are missing it as I type this blog. Several areas around Orlando have seen home prices level off and in some cases even increase slightly.
If you plan to take advantage of this foreclosure market now is the time to act. The longer you wait the fewer foreclosures that will be available and in conditions that are acceptable. Also for first time home buyers the tax credit of $8000 expires December 1st so time is running out. Take advantage of this tax credit before it is gone.