Orlando home values riseAn Flamand | January 27, 2015
Orlando Homes Expert: Orlando home values rise as more millennials enter the market.
“In many ways, for the housing market to fully normalize, it has to start at the bottom,” said Zillow Chief Economist Dr. Stan Humphries, in a prepared statement. “More lower-end home sellers will help meet demand from entry-level buyers, and these sellers in turn will re-enter the market in search of a slightly pricier home, which will entice more middle- and upper-tier sellers to list their homes. As the economy gets stronger, we expect more young adults to strike out on their own, moving out of friends’ and parents’ homes. This will create strong demand in coming months, especially for less expensive homes.”
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