Media Distracting Home Buyers | F I N R A G

The media can have a severe impact on a variety of cultural, business and personal trends. Each and every day we turn to media reports to see how the stock market is turning, home prices rising or falling, gas price fluctuations, and personal buying trends. Due to the fact that information is potentially delayed, consumers don?t have the most current information to increase, or decrease, their buying habits.

Sellers vs. Buyers

Sellers are willing to put their homes on the market. The problem is, the media is still reporting that buyers should wait for a better deal in many areas. The recent home price downtrend gave buyers the power to have control in home transactions, but that has all changed in the past year. It is now a market driven once again by sellers, and buyers are discouraged by media reports. Sellers are encouraged to walk around their homes, inside and out, and find its appeal to a potential buyer. Buyers are told to hold out, waiting for a better deal, but the reality of the situation is that a home will be sold to someone else if a buyer does not act quickly.

Homes in Orlando

Orlando real estate news attempts to keep abreast of buying trends in Central Florida. Once a stagnant market, home sales are on the rise and so are housing prices. Home buyers are distracted from Orlando real estate news reports as the information is not cutting edge and doesn?t portray the market as it strengthens on a frequent basis. In truth, the real estate market bottomed out in January 2011 and has been steadily increasing ever since. Buyers are shocked at the difficulties they incur in buying a home and the competition they now face.

Development and Purchasing

Back in 2011, housing in Orlando real estate news suffered a downtrend. The four-county region boasted nearly 1,000 new homes by the end of the second quarter of the year. The inventory of resale homes was reported to decline, but the amount of single-family homes was 21 percent smaller than what was available one year prior, showing an increase overall. Even though media reports were swayed toward a still declining market, the fact that not as many houses were available in 2011 as in 2010 showed that people were managing to either retain their homes during a tough market, or simply waiting for home values to increase prior to selling.

Commercial Real Estate

Locally, Orlando real estate news reports a purchasing trend in commercial real estate opportunities. Distressed properties just waiting for new owners are at an all-time high. Even though pricing isn?t as low as several months ago, new entrepreneurs still have an excellent chance at a bargain in the Orlando area. Commercial development is encouraged as the area grows and develops. Orlando real estate news consistently reports new developmental projects, including retail space, city facilities and recreational space.

Yes, Orlando real estate news is consistently telling readers to get out there, research potential properties, and make an offer. Even though information is slightly delayed in current relevance, it is still a time to once again encourage growth and development in the real estate market. Contact local real estate agents that are on hand to assist with all your real estate questions and requirements.

Source: http://www.finrag.com/media-distracting-home-buyers/

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