Clermont, FL (PRWEB) April 2, 2010
For those who’ve been considering investing in Clermont homes but have yet to take the plunge, leading local firm Coldwell Banker Tony Hubbard Realty is urging prompt action before market conditions change. Currently, home prices in Clermont are at the lowest they have been in more than six years and this, combined with low interest rates and the extended $8,000 tax credit, makes now the best time to invest in Clermont homes and properties throughout the South Lake County, Florida area.
Located just around half an hour’s drive west of Orlando, Lake County is a rapidly growing suburban region and an increasingly popular vacation destination that’s almost right in the heart of the Florida peninsula. Its population has doubled within the span of the last two decades, as has that of the city of Clermont, which is situated in the southern half of the county. Clermont Real Estate has been attracting both primary and secondary homebuyers in recent years, many of whom are drawn to the city’s close proximity to downtown Orlando, as well as to its more affordable housing options.
“Clermont and the South Lake County area have excellent prospects for future growth,” says Tony Hubbard, broker and owner of Coldwell Banker Tony Hubbard Realty, Inc. “The region has all the right elements – a location that’s close enough to a major metro area for convenience, but far enough to feel like it’s a getaway kind of place, a spectacular natural setting, and a lot of room to comfortably accommodate newcomers. When it comes to housing, your dollar will go farther here, too. You can still buy a home that comes with acreage here in the Clermont area and all for a price that wouldn’t even get you a postage stamp-sized yard in other more expensive markets.”
As its name implies, Lake County features several lakes – more than 1,000, in fact – punctuating a lush, hilly landscape that one will only find here in this region of Florida. Clermont lies in the midst of a chain of 16 lakes, which are linked together by the Palatlakaha River. The city and its surrounding areas once comprised a major citrus-growing center before the freezes of the 1980s froze out the citrus growers. They would be replaced by a steady stream of relocating homebuyers and part-time residents looking for a slower-paced, outdoors-oriented way of life.
“Because of our community’s farming roots, there are still quite a few multiple acreage properties here,” says Hubbard. “If you’re a developer looking for undeveloped land or a homebuyer wanting to build or own an estate-type property, the options here are virtually endless.”
Buyers looking to get the best value for their money should also consider Clermont foreclosures. Due to the recent real estate slump, even strong markets like Clermont have had higher than usual foreclosure rates. This is something that works in favor of the buyer who now has a wider range of properties to choose from.
“The low prices and low interest rates that we’re seeing today are conditions that aren’t going to last indefinitely,” says Hubbard. “That’s why it’s best to take advantage of real estate investment opportunities now before the market normalizes.”
For more information on Clermont homes and the various investment options in the South Lake County area, contact Tony Hubbard or visit Coldwell Banker Tony Hubbard Realty, Inc.’s website, http://www.ColdwellBankerTonyHubbardRealty.com.
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