Stop the press! – Great news for those living in Lake Nona and those considering to make the community their new home!
Lake Nona ranked 14th in the country in sales through the first half of 2013 according to the RCLCO, a national real estate research firm. This is up compared to the previous release back in January where Lake Nona was only in the top 20 communities in the nation! Lake Nona is also now also the fastest selling community in the Orlando market with the amortization schedule mortgage. They say that Lake Nona’s sales at Laureate Park are currently selling at more than double the pace of last year.
RCLCO has listed each year (since 1994) the top selling master planned communities of 2013. According to their data home sales in the top master planned communities were at their best since 2007. In fact, sales in the top 20 are over 37% higher in 2012 than in 2011. In Lake Nona however the figures were up 169% in 2012 compared to 2011’s sales data. They said this time that sales amongst Florida’s master planned communities continue to improve as the economy is strengthening and the housing market recovery continues.
As Rob Adams, Vice President of Marketing and Sales at Lake Nona, attributes the areas success due to “thoughtfully designed, special place, an improved Orlando housing market, a growing on-site employment base, a great school system, and a comprehensive onsite housing offering.” – couldn’t have put it better! More info here
With inventory selling fast and prices nationally up 15% as we wrote about, now is the time to buy Lake Nona!
Thinking of moving to Orlando’s Medical City or the Lake Nona area? Or any other part of the Orlando/Central Florida area? Click here to search the Orlando Multiple Listing Service. You can also view our fantastic range of featured properties! Selling your home? Contact us for comprehensive home valuation services! Email Steve Glose here at steve@thefloridalivingteam.com. Or you can call direct on 407-616-7286.
Orlando Medical City – Orlando’s up-and-coming Elite Community.