Orlando area residential real estate specialists, covering Orlando, Oviedo, Winter Springs, Lake Mary, Longwood, Altamonte Springs, Maitland, Winter Park, Casselberry, Geneva, Chuluota, Sanford, Apopka, Windermere, Dr. Phillips, Lake Nona.

Wishing You a Month Filled with Love & Happiness

January is already behind us in this new year! As I sat down to write this month’s message, I looked at what I wrote last February for comparison.  It’s amazing that the same things still apply.  I am reading the message and it is as relevant today as when it was first written 12 months ago.

It’s been an extremely active month in the Orlando real estate market.  This is seasonally expected.  Everyone was busy with the holidays in November and December.  In central Florida we do not get much of a snow-bird influx like our coastal cities.  So it has been relatively quiet.  Now the holiday season is behind us, sellers are seeking consultations for selling their homes, and buyers are inquiring to start their home shopping.  In Orlando, this activity starts in January, and will continue to build momentum through the Spring and into the Summer.

Now having said that, what has gradually changed over the recent years, is that people tend to start looking earlier, and watch the market for a longer period of time.  I believe this is a natural phenomenon resulting from the wide availability of information of homes for sale on the internet.   People can browse online in the comfort of their homes, as well as gather information long before it’s time to start viewing homes in person.  I routinely track online viewing hits of my listings.  I can often see the numbers rise weeks before the actual showings increase.

The result is that we get inquiries on listings in any month, any season.  We are able to fully market and create exposure for listings regardless of the season and market.  My consultation focuses on the overall market trend (trending up, down, and sideways) rather than specific timing of a particular month.  Because we are currently in a stable market where supply and demand are in balance, the listing timing is now based on seller’s personal and family situation and moving plan, rather than market timing.

For home buyers, more information is at their finger tips than ever before.  The market place is flooded with information of mixed quality from a host of real estate websites.  Some are useful, others can be flat out erroneous.  We frequently look up properties our clients found from third-party websites and find them not for sale, already sold, or have misleading information.  We also find our own listings on other websites with wrong information that we have no control over.  

For the most accurate MLS search, start with our search engine located in the Property Search tab above.  We typically take the team approach with our buyer clients and evaluate properties together. 

What can we provide for our clients as Buyer’s Agents when “everything” is on the internet?      

The internet is a wonderful source of BULK information.  Our expertise is in deciphering that, separating the fluff from the reality.  We are your partners in knowing the local market, the trends, quality of specific products, advantageous mortgage financing, supervising the appropriate inspections, facilitating the closing, and in every other matter being the professional eyes and ears in the real estate world.

So far 2015 looks very promising for the continuing health of the housing market. With a stable market, we are working with more lateral movers (selling one home to buy another) than we have in many years.  I will be reporting to you any significant developments over the course of the year.  Other than national agenda everyone can follow in the news, such as interest rate trend, one thing on the local horizon that I will look for in 2015 is if the institutional investors will start to liquidate some of their holdings in Orlando.  Their purchases that started in 2010/2011 can yield significant returns now.

Hope this is helpful to you.  As always, if you have any real estate related questions, give us a call! We are happy to discuss real estate even when it’s not business. And, we love referrals!

Yien & The Yao Team

 

 

*Finding Your Next Home or Next Investment*

Take advantage of a professional buyer consultation. The Home finding process is not just a database search. Nothing replaces the value of working with an experienced buyer representative. Have a conversation about what you want, and we will work together and guide you towards your dream home.

 


*Selling a Home*

To maximize your chance for selling and at the top possible price, you truly need an exceptional team that has the means and systems to give your home the maximum exposure, a seasoned negotiator that has the skills to represent your interest, and an experienced guide to navigate pass the many pitfalls of a real estate transaction. If you are thinking about selling your home, please give The Yao Team the opportunity to show you how it does pay to hire a specialist.


The Market is Always Changing!
Market Trend Knowledge is Paramount!

In the last 13 years, Orlando’s real estate market went through an unprecedented upheaval, on a scale much more exaggerated than what the nation experienced as a whole. In early 2000’s, Orlando enjoyed aggressive home price appreciation. This attracted investors & speculators from around the country & even internationally.  This in turn drove the demand to a fevered peak up until early-mid 2005.  We now understand this was driven by unsustainable lending of easy money. The market started turning in late 2005 and spent 2006, 2007, 2008, and 2009 in decline. In 2011 the market found “saw-tooth bottom”, driven by a different kind of investor demand.  Home prices are have been rebounding since 2012.  We will discuss the current market condition with you in depth.  You need the up-to-date market information to help you make the right decisions.

 

 

To sell a home in a shifting market, you must market your home expertly & price your home competitively. Your home must be staged & show-ready in order to capture the buyers that do come through your home. To maximize your chance for selling and at the top possible price, you truly need an exceptional team. We have the means and systems to give your home the maximum exposure. We are seasoned negotiators that have the skills to represent your interests and help you navigate pass the many pitfalls of a real estate transaction. If you are thinking about selling your home, please give The Yao Team the opportunity to show you how it does pay to hire a specialist.  


We Can Make the Difference
Are you feeling overwhelmed? Buying or selling a home is one of the biggest decisions you'll ever make. A professional who is understanding and dedicated to your needs is an invaluable partner in achieving your goals. As full-time agents, we are  committed to helping you through the entire process, making your real estate transaction a positive and rewarding experience.

  • Your best interests are our top priority.
  • Our focus is on giving you personal attention and the best service.
  • We know the local neighborhoods, schools, market conditions and more.
  • We will make your transaction as smooth as possible.

 

Get the advice you deserve
The Internet is a great place to find information. But it can't give you the in depth local knowledge and personal service of a local real estate agent. The challenges are getting more complex every day.   Finding the right home for the buyer or bringing the right buyer for the seller is only half the process.  Managing the whole transaction from the skillful negotiation of a contract to finally bringing it to a successful closing takes a full blend of contractual knowledge, transactional experience, patience, diligence, and creativity. You need a professional that is on top of the market who will protect your interests and guide you through the transaction step by step.

Call for a Consultation today
We would be honored for the chance to help you. Please call or e-mail us for an appointment to discuss your real estate needs. Thanks for stopping by our website. We're looking forward to hearing from you!
 

 

 

 

 

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