It’s time to get your family’s dream apartment ready for Christmas.
There’s no better time to buy a condo than now, according to a report from the Real Estate Board of Greater Orlando.
With a mix of apartments, condominiums, townhomes and apartments for rent, the board recently reported that Florida had the highest number of new listings of all 50 states.
“Florida is a great place to buy your first condo,” said Jennifer Stauffer, a real estate agent with The Stauffers, an Orlando-based real estate management firm.
“The number of listings has gone up dramatically in the past year.”
Stauffer said there’s an abundance of condos available for sale, especially in Orlando and the Tampa Bay area.
“If you’re looking for a condo, the most popular choice is the condo for sale in Tampa Bay,” she said.
“There are a lot of condos coming in.
There’s an endless supply.”
Stauncher added that if you’re thinking of a new apartment, she recommends looking into a condo in Orlando.
“The best apartment to rent in Orlando is a one bedroom apartment in a high-end condominium,” she explained.
“You’ll be able to walk up and down the streets in the neighborhood.”
That is where the real value of a condo is.””
If you want to rent one of these, you should get a two-bedroom condo.
That is where the real value of a condo is.”
If you need a one-bedroom, a one, two or three bedroom condo, it is recommended that you find a one year lease, she said, noting that you can negotiate a more reasonable rate in the meantime.
“You’re paying $200,000 per year to be able have a one unit in the area, so you can live there with the family,” she added.
The Real Estate Boards report noted that the number of condo rentals in Florida has more than doubled since the start of the year.
“We have seen a massive increase in condo rentals throughout Florida,” Stauncher said.
“It’s definitely not just in Orlando, it’s all over the state.
It’s going to take time to keep up with demand.”