In a recent overview of the surging housing market in the US, a community in Florida was among the five leading real estate markets considered experiencing “hot streaks.” The communities included Daphne, Alabama; Colorado Springs, Colorado; Raleigh, North Carolina; Myrtle, South Carolina; and The Villages in central Florida.
The Villages is the only community in the list with a master plan for its development. Located in the heart of central Florida, The Villages is probably the least well-known of the communities on the list. But don’t let obscurity fool you. Real estate is booming in The Villages. During 2013 there were almost 4,100 new homes sold, a huge increase of 52 percent over the year before. In addition, home sales in The Villages accounted for 45 percent of all the lots sold in all of the central Florida market during 2013.
If you are at all considering a home purchase in the central Florida region it would be wise to investigate The Villages. For mortgages in Florida, Doral Bank would also be a good place to begin looking for a good deal. Doral offers good mortgage terms and is also a full-serve bank that has a full line of customer services. Doral has 6 branches throughout Florida, in Panama City, Pensacola and Tallahassee, making it a convenient choice for consumers.