St. Cloud Florida First Time Home Buyers Making a Return As Prices Drop

The recent Media reports of sluggish sales in the Housing Market have had a positive impact locally. While sellers lament at the prospect of having to lower prices to achieve sales, buyers are returning to the market in search of opportunities.  A recent surge in first time homebuyers who are postioning themselves by properly preparing their finances before hitting the home market, have slowly resulted in lower end sales being made.

In Osceola County, as prices continue to drop, buyers are making more offers in recent weeks than they have in months. Mortgage Lenders like Victor Henry (The Right Mortgage) in St. Cloud, Florida are screening would be home buyers and preparing them for loan approval which assists Realtors in successfully writing purchase agreements. Including full price offers.

Once Pre-Approved, the buyer has a larger selection of available homes, depending on their loan amount than inthe previous 24 months. In St. Cloud, Florida.  Sellers are  lowering their prices to levels that allow first time home buyers to participate. Fueled in part by stagnation and market resistence to overpriced property.

The realization that the Buyers Market is strong, and well priced homes are achieving offers, sellers who are in need to selling their property are responding with reductions. This is good news for Buyers, and Realtors alike.

Why St. Cloud, Florida?

There is a great selection of smaller homes in the historic section. Originally built as a retirement area for returning war veterans, the homes have been reburbished and offer excellent opportunities for first time home buyers.

There are twenty homes available for sale under 150,000 and as of 6/25/07 there were 131 homes under $200,000.

The Beautiful St, Cloud Lakefront, offers paths for walking, biking, and a lovely beach area on Lake Toho which is family friendly. There are cooking facilities available free of charge, and it is the site of town festivites such as 4th of July. Crabby Bills also offer dining at family friendly prices. There is also a marina.

The return of Starter Homes in communities like  have sparked renewed interest in homeownership.

 The St. Cloud Library offers free movie rentals, relaxing well appointment areas to read and an expanded childrens section. Recommended Reading lists are also available for school age children to promote summer reading. Computer Access is also available.

 The Civic Center on 17th Street, provides kids a safe place to go when school is out. The community features a day camp for school age children, Youth Programs, Movies, Field Trips, and supervised activities at reasonable prices. There is also an air conditioned gymasium, and skate board facility.

The Chris Lyle Aquatic Center, is a community pool open to the public. A small fee ($3.00) for utility users and use of free covered Pavillions make this a great place to come and cool off for a reasonable price.

 Kids can cool off in at the WaterWorks.