The Doctor Phillips real estate market once littered with Bank-owned and Short sale properties is sitting pretty these days. Pretty to the point where there’s a grand total of only 20 active distressed property for sale in this little niche market of Orlando, Florida.
From Bay Hill to Waters Edge in Turtle Creek Bank-owned and Short sale homes continue to come on the market but at a much lower and slower rate than in the past.
Today’s buyer’s challenge is securing one of these great deals before their gone. With the inventory of available homes as low as they are today, buyers have to be ready financially and second should be viewing homes as soon as they are listed, the great deals go within the first few days and are seeing many offers being written unseen. Home buyers searching the Internet are sifting through homes a good two or more days old, in today’s real estate market that’s too long.
Ninety-nine percent of Dr Phillips homes for sale displayed on the internet are feeds that come from the Central Florida MLS (My Florida MLS®). Property details from the MLS are deemed accurate which is great, the issue lies in how often the feeds are updated with new listings.
For people just in the browsing stages there really is no urgency to be searching the latest and greatest homes to come on the market and these sites are fine but for buyers that are ready and looking for that great deal, it’s in their best interest to be viewing homes the same day they come on the market, the sooner the better.
If you are interested in our Free service of same day notifications of Dr Phillips Bank-owned, Short sales or both just let us know below. As the real estate market continues to improve sought after communities like Dr Phillips will one day be free of all distressed properties, that day will be a lot sooner then some might think.
Bank-owned and Short sale Properties For Sale
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