Home buyers are looking for a great deal in Central Florida and the Dr Phillips communities which they should. The real estate market is still a strong buyers market with very high inventory levels.  We hear it on the news almost daily the head lines "IT'S A BUYERS MARKET" has been going on for the past few years, but what is a great deal and more important what's not?  Today's home prices are all over the board, short sales, pre-foreclosures, bank owned, resales and don't forget the builder and their inventory of homes.  Prices have been declining the past few years but some markets are starting to bottom out, the Dr Phillips and Windermere areas are a few of these markets.  The areas to come back first are the areas that were highly sought out before a housing down turn.

First off consumers should treat the list price as a ball park number, look at it with a skeptical eye because we don't know how they came about their price.  Go out and look at areas and subdivisions, location is the first thing a buyer should be looking at.  Of course location is different for different people but it's important to find the areas that have the best chance of increases of appreciation that fit your personal criteria.  If you are thinking of the Dr Phillips area visit Dr Phillips subdivisons to see the latest homes available on the market.  This site is updated daily and feeds straight from the "Realtor only" Mid Florida Regional MLS and it's free or go to www.MyTeamConnect.com where you can search all the Central Florida communities updated from the same site. 

Once a buyer decides on a couple of Central Florida communities and favorite homes that meet their criteria the next step is finding out where the homes are priced.  Surprisingly I found this step missed and offers are based on what the home is listed at.  Having shown thousands of buyers over the years I notice they concentrate on that list price to much.  TeamConnect does a market analysis of homes our buyers are interested in so that they know what a great deal is and when they could be over paying.  There are some sellers that need so much to break even or want a specific amount of money after everything is said and done but really the market is what determines home values.  On the other side I have talked to buyers that have a set percentage they are looking for the seller to come down before they even look at homes.  TeamConnect makes sure and takes steps to help our buyers interpret information to make informed decisions and maybe that's skipping a home all together.  Some of the better deals you can find are bank owned properties, builder inventory homes and of course the motivated seller, all can be found on www.MyTeamConnect "Your Central Florida Link to Real Estate".

Let a TeamConnect Realtor help you with the process of finding your perfect home today.  Give us a call 407-516-1000 or email us at Team@MyTeamConnect.com .