Values for Orlando and Tampa Homes on the Rise
Are you one of the many potential homebuyers that want to purchase Orlando or Tampa homes, but cannot decide when and if the time is right? Well, the time is officially here to make your home purchase. According to real estate giant, Zillow, both the Orlando and Tampa housing markets have already hit bottom and home values are currently on the rise.
In fact, 19 of the 30 largest metro areas in the country have already hit bottom, or will by the end of this year. The report also indicates that overall national home values have had their biggest monthly gain in nearly 6 years, increasing 0.5 percent from February to March 2012. In addition, the Zillow Home Value Forecast predicts certain markets to experience significant home value gains over the next year. Specifically, a 2.5 percent increase in the Tampa area and a 0.8 percent increase in Orlando.
What does this mean for potential homebuyers in these two markets? Zillow Chief Economist, Dr. Stan Humphries, says, “For people who have been waiting to time their home purchases close to the market bottom, it’s time to start shopping.”
If you’re ready to purchase a new home before prices begin to rise, then give us a call. As a top Tampa and Orlando home builder, we have new homes to fit every buyer’s needs. We offer three to five bedroom homes priced from the low-$100,000s, and qualified buyers can move into their dream homes for only $99 out of pocket. Plus, with new home prices on the rise, you can be confident that our homes are the best investment you will make in your future.
For more information about Highland Homes, visit our website.