Real Estate Information | Page #20

Real Estate Information

Many people dream of the idea of purchasing a vacation home in Orlando. While purchasing a second home isn’t right for everyone, it could turn out to be the best investment you can make. Here are a few reasons why. 

1. Ease Stress – Everyone knows one of the best ways to relax is to take a vacation. Owning a second home in a resort area like Orlando allows you to get away from the stress of work and have some fun! You can spend time at the area theme parks, play a round of golf, go swimming, kayaking, or fishing. The possibilities for enjoyment are endless! 

2. Quality Family Time – Purchasing a vacation home is a great way to spend quality time with the family. And if your relatives live hundreds or even thousands of miles away from each other,…

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There are a wide variety of vacation homes for sale next to Disney. Some are single family homes, some are condominiums, others townhomes. It can be confusing trying to find a property that fits both your needs and budget. That’s especially true if you live outside of Florida and only have the internet as your guide. 

Team Donovan’s new website aims to take some of the guess work out of finding an Orlando vacation home. Our map search feature allows you to see at a glance all of the homes for sale in the Disney World area. When you hover your mouse over one of the house icons, a window pops up and gives you the following information on that property:

  • Property Address
  • MLS number
  • Listing Price
  • # Bedrooms
  • # Baths 
  • Square Footage
  • …

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The August Team Donovan community reports have now been updated and are available from the following link:

                                                                                Community Report

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Are you considering buying a vacation home in Orlando that can be used as a short-term rental? Many holiday travelers find it less expensive to rent properties for a week or more, rather than stay in a hotel. This is particularly true for people who come to the Orlando area to visit the area theme parks. Purchasing a short-term rental property provides you with cash flow which can cover the cost of ownership and maintenance expenses.   

If you wish to purchase a single family home to use as a short-term rental, you will find a variety of homes to choose from next to Disney World in Lake, Polk and Osceola counties. But when it comes to Orange County and the City of Orlando, only condominiums and townhomes can be purchased for use as short-term rentals.…

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July 'numbers' from the Orlando resort area...

The July resort area inventory was up 19 homes from last month and 25 homes higher than July 2015 to a revised total 1,975 listings. Considered against last month all listing groups indicated slight increases as normal owner listings rose by 11 at 1,896, bank owned increased by 5 at 48 and short sales rose 3 at 31. The average days on market that a home took to sell was up 2 from June at 136 and up 8 from the July 2015 figure of 128. The average price a home achieves at sale when compared to asking price was 96.8% from 97% in June and 96.6% in June 2015. The resort area median price was up 0.8% month on month at $174,990 and up year on year by 6.4% from $164,500. During July 167 homes were withdrawn from…

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The July Team Donovan community reports have now been updated and are available from the following link:

                                                                                Community Report

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Privacy seems to be at a premium these days. With smartphones and security cameras prevalent everywhere it seems, most people want to enjoy their privacy, especially at home. 

If you’re planning to buy a vacation home in Orlando, you may want to consider a property on a privacy lot. In simple terms, this is a lot which is not overlooked by the neighbors. A privacy lot could be on the waterfront, facing a conservation/preserve area, or even on a golf course. Typically, privacy lots are the most in demand lots after waterfront lots. 

Privacy lots and vacation homes near Disney are highly desired pieces of real estate. And it’s no wonder. The owners get to enjoy their privacy when using the property. And they can advertise the rental property as being…

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June 'journal' from the Orlando resort area...

The total number of June closings were up 22.9% from May as 413 homes changed hands during the month. This total represented an increase of 32.7% on the June 2015 sold total of 311. The average closed home achieved 97% of the asking price which was up on the 96.6% recorded in both May and June 2015. The average days on market that a home takes to sell was 134 which was a rise of 4 days from the 130 recorded last month and the 129 days seen in June 2015. The areas median price was up 5.8% year on year at $173,461 whilst the number of homes under contract awaiting closure was 593, down 21 from the 614 recorded total of last month. During June 134 homes were withdrawn from the resort area market having been…

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Orlando’s economy has steadily improved over the past few years, making this an attractive time for some vacation home owners to put their properties up for sale. If you’re not using your second home as frequently as you intended, it may not make financial sense to maintain ownership. Here are a few tips to help you sell your Orlando vacation home quickly and for the best price.

Find an Experienced Real Estate Agent– Look for a real estate agent who is not only familiar with the area, but is experienced in the sale and purchase of vacation homes. Orlando has become a true international market, with buyers coming from all over the world to purchase properties. Make sure your agent has a marketing plan to reach those potential buyers. For instance, Team…

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The June Team Donovan community reports have now been updated and are available from the following link:

                                                                                Community Report

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