By Richard Varner
With historically low interest rates and home prices near the bottom of the business cycle and rising, there are plenty of buyers in today’s market. However, home owners are still hesitant to sell with home prices starting to rise and deficiencies starting to shrink. The most recognizable effect of these conditions is historically low inventory levels. New construction can bridge the divide between buyer eager to take advantage of current opportunities and sellers who are not quite ready to put their houses on the market.
David Weekley Homes, M/I Homes, KHovianian Homes and DiVosta Homes are seizing the opportunity. By offering quality new construction homes at affordable prices, they are answering the calls for more buying options. Many of them are focusing on a large, ideally located development in Lake Nona called Laureate Park that features a large group of healthcare facilities referred to as, The Medical City. Nemours Hospital, the new VA Hospital, and Medical Campuses for UCF and The University of Florida are filling the area with high-tech workers that need housing.
The new floor plans and designs are modern, functional and emphasize outdoor living spaces. Many of the homebuilders have model homes ready for viewing. Any buyer wishing to tour a model home can contact their Realtor to make an appointment. New construction is definitely worth exploring!
Richard Varner, P.A. is a licensed REALTOR who grew up in Orlando, graduated from UCF, and currently resides in Avalon Park with his wife Jill and daughter Kinsley. He leads The Varner Group, a Thomas Lynne Properties company and enjoys helping buyer and sellers achieve their real estate goals by providing excellent customer service and expert advice. You can learn more about Richard and his company at www.TheVarnerGroup.com