Those looking for more signs that the housing market in Orlando is being revitalized need look no further than the upcoming Meritage community at Lake Nona.
Planning for approximately 146 single-family homes, and a full set of amenities including an outdoor picnic and barbecue area, playground, gazebo, and lake, Meritage Homes of Florida Inc. will begin construction within the month.
The community will enjoy several advantages at its Lake Nona location, including a brand-new Publix shopping center and nearby Medical City. The homes will be priced starting in the low $300,000s and sit on comfortable lots that measure from 3,000 to 5,1000 square feet.
Orlando has been seeing big improvements in the market lately, and is getting a lot of attention in the real estate world. Realtor.com ranked it number three in its list of turnaround towns in the nation for improved housing markets. This was due to an impressive 41.6 percent drop in available inventory during the first quarter of 2012, matched with an increase in home prices by 11.5 percent.
All this means is that it’s a great time to be looking at Orlando and all the communities that are springing up. As experts in the area, Kara Homes & Associates LLC is more than happy to help inform you about all the new home sites and negotiate great deals for you in these areas!