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Tim Weisheyer

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4 Central Florida Blogs to Watch

Posted by Tim Weisheyer on May 13, 2014 9:55:00 PM

Living in Central Florida, you quickly learn that there is something new to do every weekend, a new place to eat every day and some new destination to visit all the time. Whether you are new to the area or are a lifelong resident, you quickly learn that living the Central Florida life means having very little down time. When you do find yourself without something to do or somewhere to be, we hope our spotlight on some of the area's best blogs that showcase our region will help you out.

Photo courtesy TheDailyCity.com

This month we are featuring four top Central Florida general blogs. They keep you up on local events, happening restaurants and more. In the coming months, we’ll spotlight blogs that cater to different categories from restaurants, to shopping, to events and city life.

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Topics: Around Central Florida

Generational Trends in Real Estate and the Affects of Student Loans

Posted by Tim Weisheyer on May 8, 2014 9:03:00 PM

As Realtors®, we look at many real estate trends, including generational trends in the marketplace. Are you a baby boomer? Then maybe you just purchased a new build in order to avoid renovations or issues with plumbing and electricity. Or are you a Gen Y, a group of younger adults who are the largest percentage of home buyers? 

Or maybe you are part of the Silent Generation, one of the least likely to have to finance your next home purchase. Wherever you fall in the generational scale, learning about age trends in real estate can help you better strategize in the market where you are making your financial decisions in home ownership.

Gen Y (born 1980-1995). Gen Y’s are not only the largest share of home buyers at 31% but they are also the largest share of first time home buyers at 76%. This generation has a strong desire to own a home and a large number of them live in urban areas, most likely because low commuting costs and living near public transit are very important to them. Living in urban areas mean they live close to work as well. Their biggest hurdle in home buying is saving for a down payment due to student loan debt.

Gen X (born 1965-1979). The Gen X’s are the second largest share of home buyers but the largest share of home sellers at 29%. This generation leads in home sales primarily due to a desire for a larger home at this point in their life or due to job-related relocation. Their focus is on good quality neighborhoods, convenience to work, and quality and convenience of schools. Their biggest hurdle in home buying is saving for a down payment due to credit card and student loan debt.

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Topics: Buying a Home, Trends in Real Estate, In the News

7 Reasons Why Florida is the Best Place to Buy a Vacation Home [infographic]

Posted by Tim Weisheyer on Apr 29, 2014 8:01:00 PM

Congratulations! You’ve decided to buy a vacation home, but now you are left wondering where the best place to buy might be. With a wide variety of vacationing spots across the country, finding the perfect location for you and your family is key. Here are seven reasons why buying a vacation home in Florida is where it's at.

Photo Credit

  • Low property taxes. This speaks for itself. We all love to save money. As a property owner, you pay property taxes for every property you own annually. It is cheaper to own a home in Florida than most states.
  • Tourism. Aside from being one of the FEW states without a state income tax, Central Florida is home to world-class attractions, destinations and beaches. With Florida's nearly 100 million visitors per year, there is no shortage of people looking for short-term rentals while enjoying all Central Florida has to offer. This could create income opportunities for you when you aren't using for your vacation home for personal use by renting it out (see our FAQs on Property Investment in Central Florida for more information on that!).
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Topics: Buying a Vacation Home, Buying 101, Property Management 101

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