Winter Garden Magazine January 2015 | Page 47

In 2015, the outlook for real estate in the Winter Garden area is bright. Lorraine Burch of Avalar Real estate Services expects the area to continue to be a hotbed for New Construction homes, as Horizon West Communities expand. Homebuyers enjoy the energy efficiency of new construction, the latest styles, and the fact that they should have no repairs needed for next 10 years. There are currently 20 new home communities actively selling in Winter Garden and Horizons West. Even with the large assortment of new home communities, the resale market surprisingly has not slowed down. Winter Garden continues to be a Seller’s market at the end of 2014 with only 4 months of inventory. During 2015 the market is expected to become a balanced (6 months of inventory is considered a balanced market). Lorraine Burch says, “A trend that I am seeing is people familiar with the West Orange area want resale homes, particularly near the historic Winter Garden. ” They like the walkable town, the great lifestyle including the West Orange Trail, numerous community events, dining & shopping. But most importantly, these homes have more generous sized lots. Well maintained homes close to town will continue to sell quickly. In 2015 home values are expected to increase at a healthy rate. -Lorraine Burch, Realtor, SRES, CIPS, e-PRO, GREEN Avalar Real Estate Services 407-267-3268 [email protected] JANUARY 2015  |  WINTER GARDEN MAGAZINE   |  47