If you’re planning to sell your Orlando house this year, now might be a great time to sell. Rising temperatures and a hot housing market can make it an excellent time to sell your house. Zillow reports that a typical Orlando home will sell for 2.6 percent more in late April than it would during other times of year. That’s nearly $9,600 more than you’d make in other months. You would be wise to consult with an Orlando Realtor at https://orlandorealtyconsultants.com/.

However, if you wait for the sale prices to decline, you could end up paying more than you need to. Mortgage rates are currently near pre-pandemic lows, and you should take advantage of them while they’re still low. In addition, properties purchased today are expected to appreciate in value over the coming year, making now a good time to buy a house in Orlando.

One reason to buy a house in Orlando now is the low mortgage rates. While they’re still low, these conditions won’t last forever. Home prices are expected to rise with them. But don’t wait too long! Listed homes are more attractive now than they’ve ever been. If you’re planning to sell a house in Orlando, now is the time to get on the market.

There are two main reasons to wait. First of all, prices tend to be lower in winter, so sellers are less likely to put much work into them before selling. Secondly, winter homeowners are more likely to have fixer-uppers, so you’ll be able to find an excellent deal. Redfin estimates that Florida homes sell for a median price of $241,000 in winter, while the same homes sell for over $10k more in the summer.

Second, the lack of supply in the Orlando housing market has been a major contributing factor in high prices. There are more for-sale signs than ever before, and more sellers are dropping prices to sell as soon as possible. They want to cash in on the “bubble equity” before it goes to zero. With fewer homes on the market, prices have dropped. But the market is still not over. The median price in Orlando remains at $335,000.

There are two primary reasons why Orlando is a great place to buy a house. The first is that the city’s economy is strong and it is consistently named the best rental market in the country. Furthermore, it is a major high-tech hub, which is generating a steady stream of job opportunities. Lastly, Orlando is a highly desirable destination for people from across the country and the world.

While you’ll find a bargain when purchasing a home in Orlando, you may want to wait until the real estate market rebounds. This will save you a lot of money over the long term. You may be able to get a house at 50% off the market and have plenty of options to choose from. But don’t rush into a purchase because of predictions. Remember, many people were fooled when buying in Florida in 2005 and 2006.