I am super excited to be hosting an event this Thursday morning for the business members of the Mills 50 District at our office on Colonial Dr. Mills 50 is a city of Orlando Main Street district which supports local businesses in the area. I live and work in the Mills 50 district so I support it to the fullest extent and am extremely excited to be hosting an event to discuss the Mills 50 real estate market in the area.
We presented to the group in September of 2011 when we started to see some signs of recovery for home values. It’s been a bumpy road for the industry for the past 7 years or so; but things are looking up these days! There are several signs that the recovery is on track and I will be discussing these things this Thursday.
You may have started to hear the buzz about prices being on the rise or low inventory levels; but we will dig a little deeper into why the market is shifting on a local level. After all, what is happening in our neighborhood is much more important than what’s happening in the entire state of Florida or the entire United States for that matter.
What I said back in 2011 still remains true, there are big factors that affect overall consumer confidence or interest rates, etc. However, your home value is largely determined by what’s happening within a mile from your home – a street over from your home – or even right next door.
To get a brief look at your “local” data, visit our website ThinkDowntownHomes.com and become a Market Insider. When you enter your zip code you are provided with a ton of information about your personal real estate market and that’s how you determine if now is the right time to sell or buy!
Mills 50 members please RSVP to director@mills50.org and don’t forget parking is in the back on Hillcrest St!
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