Over the last few years, the Orlando housing market has seen some severe highs and lows. With the market continuing to boom and values to increase up through June, it looks as though the days of prices increasing by 2 to 3 percentage points a month have come to a close. Though it is still considered a seller’s market, sellers are now facing increased competition in the area, and buyers have more access to properties of their choice.

As investment groups begin to sell their portfolios of distressed and non-distressed properties to other real estate firms looking to bolster their rental incomes, an increased number of home listings has hit the market, and prices are beginning to reduce. Following a period of sharp increase as home prices are now elevated by about 10 percent since June of 2013, most Central Florida closing agents believe that the next 12 months will be relatively flat for the area. Experts agree that as the Orlando market becomes more saturated with listings, it is increasingly important for sellers to focus on their differentiators.

If you’re looking to sell your home, take the time to increase your property’s curb appeal. A fresh coat of paint, well-kept lawn and upgraded appliances could very well add $10,000 to your property value. As some homes begin to stagnate on the saturated market, Central Florida closing agents urge sellers to stay up to date on maintenance within their properties as air conditioning systems and aging roofs are under a great deal of stress during Florida’s dog days.

The closing agents at Real Estate Closing Solutions of Florida have the knowledge and expertise to help you sell your property in an increasingly competitive market. To stay up to date on the latest Central Florida real estate news, browse our blog. Contact us at (407) 615-8550 to get started, and be sure to share this important information with any of your friends who are ready to enter the Orlando housing market!