After brisk sales this past SummerÂ in the Orlando real estate
buyers that are thinking of jumping off the fence this Winter and into the real estate market are going to have less competition and an opportunity for a great investment for years to come.
The real estate bubble took a few pin-holes this yearÂ with investors and buyers alike purchasing bank owned and distressed Orlando homes for sale.Â The completion has been pretty fierce with banks many times receiving multiple offers on their properties. Priced attractive banks use the list price more as a marketing toolÂ for theirÂ homes creatingÂ maximum exposure.Â Realtors and buyers (many tired of the short sales process)Â are previewing these homes within the first few daysÂ on the MLS.Â
From Dr. Phillips to Lake Nona, Orlando bank owned foreclosures will continue to be HOT buys throughout the year, happy hunting!