First time home buyer, this market is for you!

During the Central Florida real estate boom-years the first time home buyer quite often found themselves out in the cold unable to purchase a home because of the unparalleled rising home prices. Purchasing a home during the boom was a luxury for those who already owned a home that could be sold for huge profits or for those in the business to flip houses.

Well, guess what? They are baaaack! Home prices throughout Central Florida have fallen back to levels where first time home buyers can now jump into the home ownership game. The Central Florida market would include Lake, Osceola, Orange, Seminole and West Volusia Counties and they now offer the following to first time home buyers:

• 706 homes for sale in Central Florida are 3 bedroom, 2 bath homes and are priced at $100,000 or less
• 2,242 homes for sale in Central Florida are 3 bedroom, 2 bath homes are priced between $101,000 and $150,000

This is a huge opportunity for those who have never owned a home, to buy a quality affordable home in their area at prices that have not been seen for years. Reports suggest that median income levels in Central Florida are more than enough to purchase a median priced home.

The time is now to invest in your first home. Contact me to start the process or take advantage of my free home search tool to view homes for sale in your area.

Related Florida real estate views:

7500 tax credit Florida available to homebuyers

Do you think buying a house at this time is a good idea?

Home buying checklist