Okay we all know the market is not achieving record breaking sales. While many Realtors are scratching their heads and wondering what do to next, a select few realize this is opportunity time. "The need for housing will always exist" and because of that need there will also be opportunity for those that work hard.
Baby Boomers are down sizing. Baby Boomers constitute the largest segment of the American Population. As these Baby boomer post war babies reach retirement age, their needs for smaller homes will increase. In the age of the McMansion, upwardly mobile young professionals wanted bigger and better housing. This ultimately lead to higher taxes, maintenance fees and planned unit developments. (Which of course included fees to support infrastructure the boomers wanted as well)
Recently, we are seeing some changes in Osceola County particularly in developments, which will offer area newcomers some financial relief. We are seeing reductions in Homeowner Association Fees, No CCD fees, and steep discounts on inventory homes with financing options. This cause and effect scenario will aid in restoring the Florida Standard of Living. As the housing prices descended the value emerges. Upgrading to an executive home laterally, or for less than it would cost to have a lesser home in other regions is finally possible once again. New Yorkers and those from the west coast will be astonished at the savings Florida has to offer. Same for our foreign visitors who gained effectively from favorable conversion rates at present.
Realtors diversify your inventory. Realtors should have a broad spectrum of housing, it is important to remember different segments of the population will have and do have different needs. In casting a wider net,and offering a variety of homes in various sizes it is more likely out of area buyers will find the perfect one.
In order to keep your pockets full, weigh heavily the cost of carrying your inventory. A little bit of everything means you have a greater possibility of selling something! When the price tag comes down, volume needs to go up. Times have never been better for bargain hunters. Homes are selling.