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Pat Taylor


Displaying blog entries 1-10 of 30

Real Estate as a Long Term Investoment

by Pat Taylor

Americans Still Believe Real Estate is Best Long-Term Investment

Americans Still Believe Real Estate is Best Long-Term Investment | MyKCM

According to Bankrate’s latest Financial Security Index Poll, Americans who have money to set aside for the next 10 years would rather invest in real estate than any other type of investment.

Bankrate asked Americans to answer the following question:

“What is the best way to invest money you wouldn’t need for 10 years or more?”


Real Estate came in as the top choice with 28% of all respondents (3% higher than last year), while cash investments - such as savings accounts and CD’s - came in second with 23% (the same as last year). The chart below shows the full results:

Americans Still Believe Real Estate is Best Long-Term Investment | MyKCM

The article points out several reasons for these results:

“After bottoming out at the end of 2011 following the worst housing collapse in generations, home prices have gone gangbusters recently, climbing back above their record pre-crisis levels. Prices jumped 6.6 percent during the 12 months that ended in May, according to CoreLogic.

Toss in persistently low interest rates, tax goodies that come with owning a mortgage, and the psychological payoff from planting your roots, and maybe it’s no wonder real estate remains popular.”

The article also revealed that:

“Bankrate’s Financial Security Index — based on survey questions about how people feel about their debt, savings, net worth, job security and overall financial situation — has hit its third-highest level since the poll’s inception in December 2010.”

Bottom Line

We have often written about the financial and non-financial reasons homeownership makes sense. It is nice to see that Americans still believe in homeownership as the best investment.

In The Know about the New! Taylor Morrison Southern Oaks

by Vicki Tays

We are delighted to bring you the latest details and information about the Greater Central Florida

New Construction Communities

Let us show you why New might be Best for You!




Today’s New Find:    SOUTHERN OAKS by Taylor Morrison Homes

120 Ethan Hammock Court

Oviedo, FL 32765



Southern Oaks is an intimate gated community set in the charming city of Oviedo.  The community has 1 and 2 story luxury homes from 4 to 7 bedrooms and 3.5 to 5 baths along with 3 car garages from the mid $400s.  Six varied model designs provide features like soaring front door entries and high interior ceilings, designer18x18 ceramic tile flooring, granite countertops and Energy Star™ appliance packages with nationally recognized HERS energy efficiency scoring.


Taylor Morrison was recognized as the 2014 Home Builder of the Year by Green Home Builder Magazine for their commitment to energy efficiency using sustainability practices in the building process.   The parent company dates back to 1880 in the UK and today, builds homes that emphasize style, design and quality.  


Designs:       6 Various Designs of 4 to 7 Bedrooms, 3.5 to 5 Baths, 1 & 2 Story, 3 Car Garages

Home sites:     96

Amenities:      Two Tot Lots, Gated Entry 

Schools:      Phase 1 (south of St Rd 434) – Lawton Elementary, Jackson Heights Middle, Oviedo High

          Phase 2-4 (north of St Rd 434) – Geneva Elementary, Jackson Heights Middle, Oviedo High

HOA fee:      $96/mth includes home site lawn irrigation through community well

Note:          Phase 1 almost complete; Phases 2-4 building within 60 days


Home Maintenance--Easier With a Little Organization

by Vicki Tays





The weekend’s coming up, but you’re dreading

it because you know you need to take care of

some home maintenance.  Relax – it doesn’t

have to take a lot of time or drama. With just

a little planning, you’ll be done before you

know it.  So here are a few tips…











Don’t just have a plan, have a WRITTEN plan. That way you can size up the time, tools and possibly

personnel (“Oh, kids . . .”) you’ll need to get through your list quickly. Using a schedule like this one from Home Inspector Jim Goodbrad covers the steps. You can also use an actual checklist that can be printed to review and keep for your home’s records.




Use the smarts in your smartphone. Use the calendar feature to set up reminders for various activities. It’s like making an appointment with your house. I use my phone to make sure my little plants get their regular feeding - otherwise they might have to start tapping on the windows for food. If your phone doesn’t have a calendar feature, there are any number of free apps available to keep your home

maintenance on track.



Don’t forget about your yard. Your lawn and  

plants will love you for keeping up on their

maintenance. The University of Florida is a

great resource to learn more about the flora

and fauna for your area. Here

is a link to lawn care  watering and even mowing tips that can help you save your grass and your water bill.




Why do we buy a home, anyway? To have a roof over our head, right? So it’s important to make sure it’s in good repair. Take a little time, either from the ground or up on the ladder, and give the roof  a look. You can get up on a ladder to check for things like cracked caulk, rust spots or buckling/curling shingles, or, if you’re uncomfortable with heights, you can stay on the ground and use a pair of

binoculars. If you have any concerns you are not prepared to deal with yourself, get in touch with roof contractors for bids. Getting two to three will give you a good idea of the likely cost.



Planning ahead and putting in a little effort will give you peace of mind and less stress on your wallet. With just a little time, patience and care, you can have a safe and well maintained home for years to come.  Let us know if you have any questions about this or any other information in our blogs. Please share your comments and suggestions. Check us out at

Creating Wealth Through Real Estate

by Pat Taylor

Buy vs Rent: What Really Creates Family Wealth? | Keeping Current Matters

There has been recent press regarding whether or not it makes better financial sense to rent rather than buy in today’s housing market. As an example, the recently released June Summary of the BH&J Buy vs. Rent Index reported:

“…as of the end of the first quarter of 2015, the housing market in the U.S. and all cities in the index are trending either closer to renting being the superior option or strictly favoring renting over purchasing a home.” 

The summary goes on to explain that:

“The index conducts a “horse race” comparison between an individual that is buying a home and an individual that rents a similar quality home and reinvests all monies otherwise invested in homeownership.”(emphasis added)

Though the math may be correct, we are not as sure of the conclusion. Even if you check the methodology offered by the BH&J report itself, you will find that they realize:

“…any extra savings from renting might be spent on non-wealth enhancing goods resulting in any benefits from renting versus owning disappearing in a cloud of consumption spending rather than savings.”

The Concept of ‘Forced Savings’ and Wealth Accumulation

Many believe the wealth accumulation of homeowners is tied into the concept of “forced savings”. The New York Times late last year published an editorial entitled, Homeownership and Wealth Creation, which discussed this conceptThe article explained:

“Homeownership requires potential buyers to save for a down payment, and forces them to continue to save by paying down a portion of the mortgage principal each month.”

“Even in instances where renters have excess cash, saving a substantial amount is difficult without a near-term goal, like a down payment. It is also difficult to systematically invest each month in stocks, bonds or other assets without being compelled to do so.”

Many of the points that were made in the article are on track with the research done by the Joint Center for Housing Studies at Harvard University which agrees that “forced savings” is a major advantage of homeownership. In a paper, The Dream Lives On: the Future of Homeownership in America, they concluded:

“Since many people have trouble saving and have to make a housing payment one way or the other, owning a home can overcome people’s tendency to defer savings to another day.”

The Truth is in the Historical Data

Edwards Deming once said: “Without data, you’re just another person with an opinion.”

Let’s look at the data on this subject. The Federal Reserve has conducted a study titled: Survey of Consumer Finances. The study found that the average net worth of a homeowner ($194,500) is 36 times greater than that of a renter ($5,400).

Bottom Line

The New York Times editorial articulated it best:

“Homeownership long has been central to Americans’ ability to amass wealth; even with the substantial decline in wealth after the housing bust, the net worth of homeowners over time has significantly outpaced that of renters, who tend as a group to accumulate little if any wealth…As a means to building wealth, there is no practical substitute for homeownership.”

If you are a renter who is considering making a purchase, sit with a local real estate professional who can explain the benefits of signing a contract to purchase over renewing your lease!

Two Great Reasons to Buy not Rent

by Pat Taylor

Two Great Reasons to Buy not Rent | Keeping Current Matters

There are many young people debating whether they should renew the lease on their apartment or sign a contract to purchase their first home. Based on a recent study, here are two reasons buying a home might make more sense:

Two Great Reasons to Buy not Rent | Keeping Current Matters

Central Florida Education Guide

by Pat Taylor



What is one of the first questions a homebuyer asks as they are looking for a home?  That's easy, "How are the schools?".  Among the many concerns in purchasing a home, where your children will go to school is one of the most important considerations.  

Central Florida offers many choices, public, private and charter schools.  In addition, some schools offer special needs programs, culinary arts, automotive service, media technology, modeling and simulation, and the list continues.  Other questions include what are the average SAT scores and what is the school's overall grade.

The Central Florida Education Guide offers answers to these questions as well as information about each county's School Board and the yearly school schedule.


Contact us for your free copy of this important guide. Drop me an email at or call me at 407-310-0028.  I would be pleased to mail a copy to you.

We want to be your Realtor® before you need a Realtor®!

Should You Sell Your Home Yourself?

by Pat Taylor

Think You Should FSBO? Think Again | Keeping Current Matters

Why You Should Sell Your House Now!

by Pat Taylor

Why You Should Sell Your House Now! | Keeping Current Matters

School is back in session, the holidays are right around the corner, you might not think that now is the best time to sell your house.  But with inventory below historic numbers and demand still strong, you could be missing out on a great opportunity for your family.

1. Demand is Strong

Foot traffic refers to the number of people out actually physically looking at home right now. The latest foot traffic numbers show that there are more prospective purchasers currently looking at homes than at any other time in the last twelve months which includes the latest spring buyers’ market. These buyers are ready, willing and able to buy…and are in the market right now!

As we get later into the year, many people have other things (weather, holidays, etc.) that distract them from searching for a home. Take advantage of the buyer activity currently in the market.

2. There Is Less Competition Now

Housing supply is still under the historical number of 6 months’ supply. This means that, in many markets, there are not enough homes for sale to satisfy the number of buyers in that market. This is good news for home prices. However, additional inventory is about to come to market.

There is a pent-up desire for many homeowners to move as they were unable to sell over the last few years because of a negative equity situation. Homeowners are now seeing a return to positive equity as real estate values have increased over the last two years. Many of these homes will be coming to the market in the near future.

Also, new construction of single-family homes is again beginning to increase. A recent study by Harris Poll revealed that 41% of buyers would prefer to buy a new home while only 21% prefer an existing home (38% had no preference).

The choices buyers have will continue to increase over the next few months. Don’t wait until all this other inventory of homes comes to market before you sell.

3. The Process Will Be Quicker

One of the biggest challenges of the 2014 housing market has been the length of time it takes from contract to closing. Banks are requiring more and more paperwork before approving a mortgage. Any delay in the process is always prolonged during the winter holiday season. Getting your house sold and closed before those delays begin will lend itself to a smoother transaction.

4. There Will Never Be a Better Time to Move-Up

If you are moving up to a larger, more expensive home, consider doing it now. Prices are projected to appreciate by over 19% from now to 2018. If you are moving to a higher priced home, it will wind-up costing you more in raw dollars (both in down payment and mortgage payment) if you wait. You can also lock-in your 30 year housing expense with an interest rate in the low 4’s right now. Rates are projected to be over 5% by this time next year.

5. It’s Time to Move On with Your Life

Look at the reason you decided to sell in the first place and determine whether it is worth waiting. Is money more important than being with family? Is money more important than your health? Is money more important than having the freedom to go on with your life the way you think you should?

Only you know the answers to the questions above. You have the power to take back control of the situation by putting your home on the market. Perhaps, the time has come for you and your family to move on and start living the life you desire.

That is what is truly important

Finding the Right Agent is Crucial

by Pat Taylor

Finding the Right Agent is Crucial | Keeping Current Matters

The information delivered by your neighborhood real estate agent in the past is now available on the internet. You no longer need agents for information regarding which homes are for sale or what houses in your neighborhood sell for. You can easily find that information online. This information itself is no longer what you need from your real estate professional. However, you still need someone to deliver a thoughtful analysis of this information.

“There’s a large gap between information and actionable knowledge.”

In other words, information by itself is essentially useless.

What’s truly important is being able to understand, analyze, and use the information for the best outcome. And that’s what a real estate professional’s job has become!

What you really want is someone who can…

  • Analyze all the available information
  • Connect the dots and let you know if now is a good time to buy or the right time to sell
  • Take the time to explain your options—simply and effectively

You now need a real estate agent who truly understands the market and can help you feel confident that you are making the right decisions for you and your family.


With Interest Rates and Home Prices on the rise, do you know the true Cost of Waiting?



With Interest Rates and Home Prices on the rise, do you know the true Cost of Waiting? | Keeping Current Matters

Today we are excited to have Morgan Tranquist as our guest blogger. Morgan is the Marketing & Graphics Director for The KCM Crew and provides insight into what the Millennial Generation needs to hear from their agents. – The KCM Crew

At Keeping Current Matters, we have often broken down the opportunity that exists now for Millennials who are willing and able to purchase a home NOW... Here are a couple other ways to look at the cost of waiting.

Let’s say you’re 30 and your dream house costs $250,000 today, at 4.12% your monthly Mortgage Payment with Interest would be $1,210.90.

But you’re busy, you like your apartment, moving is such a hassle...You decide to wait till the end of next year to buy and all of a sudden, you’re 31, that same house is $270,000, at 5.3%. Your new payment per month is $1,499.32.

The difference in payment is $288.42 PER MONTH!

That’s basically like taking a $10 bill and tossing it out the window EVERY DAY!

Or you could look at it this way:

  • That’s your morning coffee everyday on the way to work (average $2) with $11 left for lunch!
  • There goes Friday Sushi Night! ($72 x 4)
  • Stressed Out? How about 3 deep tissue massages with tip!
  • Need a new car? You could get a brand new $20,000 car for $288.00 per month.

Let’s look at that number annually! Over the course of your new mortgage at 5.3%, your annual additional cost would be $3,461.04!

Had your eye on a vacation in the Caribbean? How about a 2-week trip through Europe? Or maybe your new house could really use a deck for entertaining.  We could come up with 100’s of ways to spend $3,461, and we’re sure you could too!

Over the course of your 30 year loan, now at age 61, hopefully you are ready to retire soon, you would have spent an additional $103,831, all because when you were 30 you thought moving in 2014 was such a hassle or loved your apartment too much to leave yet.

Or maybe there wasn’t an agent out there who educated you on the true cost of waiting a year. Maybe they thought you wouldn’t be ready, but if they showed you that you could save $103,831, you’d at least listen to what they had to say.

They say hindsight is 20/20, we’d like to think that 30 years from now when you are 60, looking back, you would say to buy now…


Displaying blog entries 1-10 of 30

Contact Information

Photo of TeamTaylorTyler Real Estate
Exit Real Estates Results
1401 Town Plaza Court
Winter Springs FL 32708
Pat: (407) 310-0028
Ben: (407) 492-6015
Fax: (407) 696-2927