Sold by Irma Yapor and Patricia Pretel
This awesome lakefront Estate on Lake Butler of the Butler Chain of Lakes was sold by Irma Yapor who represented the buyers.
After only 37 days in the market, this beautiful golf estate in Keene’s Pointe was under contract. Sold by Irma Yapor, representing both seller and buyer.
This wonderful pool home in Heathrow, Lake Mary, FL was sold by Irma Yapor who represented the buyers.
Extraordinary French Country Estate on the Butler Chain of Lakes in desirable Keene’s Pointe, Windermere, FL. Spanning over 7800 SF, this magnificent waterfront residence welcomes you to an elegant living area with a dramatic focal point of the tropical salt water pool surrounded by waterfalls and fire features, and the stunning lake views. This amazing Rick Watson custom-built mansion is in pristine condition and no detail has been spared, with over $750k in quality-crafted updates and upgrades, including the amazing rear exterior from the lanai to the lake, travertine and wood floors throughout, large sliding pocket glass doors bringing the outside in, new laundry room with double washer/dryers, summer kitchen, and so much more. You’ll never notice the size of this large Estate due to its outstanding layout, bringing a feeling of coziness and gravitating all living areas towards the heart of the home. Enjoy morning breakfasts by the lake and late dinners by the resort-style pool. Just minutes to ‘A’ rated schools, shopping, dining and Disney theme parks. Don’t settle for less – live life the way it should be.
Visit 6037Greatwater.com for more photos and details.
Contact Irma Yapor at 407-909-8000 to schedule your private showing today!
SANTA CLARA, Calif. – Oct. 19, 2016 – The 2017 home buying season will be see a large increase in first-time homebuyers, according to realtor.com’s latest Active Home Shopper Report, and an increased demand for suburban homes. However, buyers will also face greater affordability challenges.
The study, based on September survey data of active shoppers on realtor.com, provides insight into future home buying trends in 2017 by analyzing responses from consumers who plan to purchase homes in the spring or summer of 2017.
According to the report, the percentage of first-time homebuyers could rise as high as 52 percent of all buyers, and increase from 33 percent in 2016.
But this boost in first-time buyers will also make affordability, downpayments and credit scores a challenge, and those issues could become the market’s top problem next year. Currently, the limited inventory of listings is the top barrier to homeownership.
In general, suburban homes are preferred by 43 percent of first-time homebuyers surveyed, likely due to their desire for safe neighborhoods, privacy and the needs of growing families, according to realtor.com researchers.
Top 5 predictions for 2017
1. First-time homebuyers could make up a majority of 2017 homebuyers
According to the survey, first time homebuyers make up 52 percent of prospective buyers looking to purchase in 2017. Millennials lead the pack with 61 percent of potential first-time buyers under age 35. Top reasons cited by millennials for buying: getting married or moving in with a partner, growing tired of their current living space, and planning to increase family size.
“This represents an ‘Oh, shift’ moment in housing,” says Jonathan Smoke, chief economist for realtor.com. “With so many first-time buyers in the market, competition will be even fiercer next year for affordable starter homes in the suburbs. Those looking to buy may want to consider a winter home purchase in order to avoid bidding wars and higher prices spurred by a potential increase in millennial buyers.”
2. Affordability and mortgage qualifying expected to replace lack of inventory as largest barrier to homeownership
In 2016, 40 percent of home shoppers cited lack of inventory as the largest barrier to homeownership, but realtor.com reports this will potentially shift to affordability and mortgage qualification issues as more first-time home buyers enter the market. Of first time buyers planning to purchase next spring, 37 percent said their largest impediment to homeownership is the downpayment, and 30 percent said finding a house within their budget.
3. Safe neighborhoods, more living space and larger yards top list of key home attributes
Safety, more living space and larger yards as key features is consistent with their top goals of buying: attaining privacy and addressing the needs of their families. A third top objective of first-time buyers is to make a financial investment that will grow over time.
As millennials marry and move in with partners, reasons to purchase are driven by actual or planned growth in their families, and they show strong preference for single-family homes (39 percent) or townhomes (34 percent), and away from multi-family homes (15 percent), condos (10 percent) or mobile homes (2 percent).
4. Competition for the suburbs should heat up
With families and safety on the brain, it’s no surprise that first time homebuyers identified the suburbs as their No. 1 preferred location. In fact, 50 percent of all respondents identified suburban areas as their preferred location. For boomers, their desire for the suburbs can likely be attributed to their desire to be close to family and friends.
Data also show younger homebuyers are more likely than their older counterparts to prefer urban living, the second-most common location preference among millennials after suburbs.
5. Spring and summer will continue to be 2017’s hottest time to buy a house
A majority of all survey respondents were beginning the housing search at the time of the survey and planned to purchase in seven months or longer, indicating spring and summer will continue as the top seasons to buy and sell homes: 73 percent of respondents had been considering homeownership for less than three months and did not expect to purchase a home immediately.
Source: © 2016 Florida Realtors®