When it comes to new home sales, Orlando Real Estate is placed among the best 20 cities in the entire United States

By
Real Estate Agent with Re/Max Town & Country Realty BK560717

Orlando Real Estate is ranked among the top 20 cities in the entire United States for the sale of new homes.

According to the National Association of Home Builders, new house building is up 8.6 percent year on year, with Jacksonville, Orlando, and Tampa among the top 20 U.S. metropolitan areas for current sales.

Because of a limited supply, low mortgage interest rates, and the capacity to work from home, more vendors are considering homebuilding during the global epidemic, and single-family home building has exceeded the threshold level since spring 2007 – an increase of 8.6 percent from a year earlier, as per the Commerce Department.

According to the New Home Pending Sales Indexes, which analyzes the series of innovative sales contracts signed worldwide in October, the best-performing new-home markets were Raleigh, North Carolina; Denver; and Jacksonville, Florida.

The local economies of Denver and Jacksonville exceed the national average.

The following areas have seen the greatest increases in new-home sales:

 

 1. Raleigh, N.C.

 1. Raleigh, N.C.: 81.7% (year-over-year gain)

 2. Denver

 69.3%

3.    Jacksonville, Fla.

68.4%

4. Atlanta

 66.4%

5. Washington, D.C.

 58.9%

6. Austin, Texas

 56.5%

7. Dallas

 43.7%

8.  Tampa, Fla

39.7%

9. Philadelphia

38.6%

10. Houston

37.7%

11. Seattle

32.8%

12. San Antonio

32.4%

13. Salt Lake City

32.3%

14. San Francisco

31.8%

15.   Orlando, Fla.

31.7%

16. Phoenix

28.8%

17. Las Vegas

25.6%

18. Los Angeles/OC

24.4%

19. Cincinnati

15.9%

20.  New York: 5%

5%

=====================

About Realtor Scott Garrison:

Bringing over 34 years of experience as a local Orlando Realtor, Top Central Florida Realtor SCOTT GARRISON of the Garrison Brothers Realtor Team at ReMax Town & Country Real State has helped perhaps more Orlando-Area families and investors buy and sell Central Florida Residential Real Estate than any other of the #19,000+ Orlando Realtors currently working in the Central Florida area! 

 

Living in Oviedo and with RE/MAX Real Estate offices in both WINTER SPRINGS, Florida and WINTER PARK, FL, Top Realtor SCOTT GARRISON actively serves your best Residential Real Estate needs virtually anywhere you’d want to be in Central Florida… including Orange, Seminole, Volusia, Osceola, and Lake Counties. Scott has lived here in the Central Florida local Orlando-Area for nearly all of his life, attending the local Winter Park High School and graduating with several degrees from the nearby University of Central Florida. 

 

As a Top Seminole & Orange County Real Estate Agent, Realtor Scott Garrison also has extensive experience in Residential Sales and Purchases, Vacant Land and in helping clients with Foreclosures and Short Sales!  He owns multiple Rental Property right here in the area, and over the years, has done many “flips” by buying “ugly houses” and making them Pretty for a new buyer, so he also understands the Real Estate Investor mindset!  Call Scott today to find out why “This Realtor WORKS!”

Comments (1)

Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Scott. A definite plus to be familiar with the homebuilders in your area and their product. Knowing their onsite associates is also a big plus. Enjoy your day.

Aug 10, 2022 04:51 AM