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REALTOR® Rick Arbutine Forecasting Orlando Real Estate Sales Growth In 2013
Orlando REALTOR® Rick Arbutine is predicting real estate sales growth in the Orlando market in 2013, including the luxury home segment.
Arbutine says experience and his review of regional economic and market factors leads him to believe that 2013 will see incremental sales and price growth in Orlando real estate (http://luxuryhomesorlandofla.com)
headwinds from several segments of the economy.
"While the politicians seek to extract higher income taxes from the rich, the truth is that the wealthy don't usually rely on taxable salaries; they invest and produce capital gains. One of the most consistent investments for centuries has been real estate, and I believe we'll see more of it in this economic environment."
He says he expects real estate sales and investment purchases to improve in the new year as wealthy investors seek to protect their capital and grow it by sheltering their dollars in hard assets like real property.
"I believe 2013 will see a general increase in real estate purchases, simply because there are few other alternatives for safe investing in the current environment.”
He also notes that the Orlando market has always been one of the areas which offer much potential for future growth due to the proximity of Walt Disney World, Universal Studios and other appealing vacation attractions.
"The Orlando market in particular is in a good position to be the recipient of global investment dollars, because tourists visiting from around the world come and see the long term investment potential for purchasing a second home here."
He says that while the luxury home market won't be driven by the same factors driving investment grade home, "A rising tide in one area of the market tends to lift all boats." As a result, he expects 2013 to see considerable growth in the luxury home market, both in terms of total sales and price appreciation.
About Rick Arbutine REALTOR®
Rick Arbutine is a REALTOR® and expert in buying and selling Orlando (http://www.luxuryhomesorlandofla.com/
The level of real estate client served by Arbutine expects and gets exemplary service. Arbutine has extensive experience in high-end homes and a deep understanding of the caliber of professional service and personal attention it takes to satisfy his clients. He is an attentive agent who is committed to always being available to answer questions, manage solutions to challenges that may arise during a transaction, and provide guidance. In addition, his team will insure that each transaction is complemented with a comprehensive selection of tools, resources and support staff.
Rick Arbutine, REALTOR®
Charles Rutenberg Realty
1900 Summit Power Blvd.
Orlando, FL 32810