HOMES IN KISSIMMEE /ST.CLOUD FLORIDA ARE IN SOME CASES ABOUT AS CHEAP AS A LUXURY CAR. "While it is true that you cannot shower in your car, but you can drive a bargain on a homes in Kissimmee St.Cloud Florida"; said Allison Stewart, Broker Owner of St. Cloud Homes & Land, LLC.
Some homes in Kissimmee St.Cloud, Florida have reverted to 1990's pricing, primarily due to the large number of foreclosed properties, and short sales which have hit this area hard. For first time home buyers there are several programs which these homes do qualify for such as Rural Housing Program, and Neighborhood Stabilization Program. For investors there are many homes that present opportunities to "cash in" on a down market by cashing out poorly performing stocks and bonds.
Some of the older historic homes, for instance are being offered at prices comparable to those of cars. Hard to imagine but true. While not everyone is convinced that buying a home now is a good idea, sales in Osceola County are showing continous growth of low end homes at very reasonable prices, and buyers who are evaluating long gain potential are finding themselves in bidding competition for good buys.
Homes have always been considered a long term investment prior to the boom in 2005-2007 when prices soared in the housing market. Back then we knew it would be unsustainable, despite the buyer freenzy fueled by the media and liberal lending policies. The crash was to experts in the trenches predictable.
What is equally predictable is that those homes which have been foreclosed on, or are now in the process of becoming delinquent will sell for a fraction of what they once they did.
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