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THE FIRST RULE OF RTR ARMY

TELL EVERYONE YOU KNOW ABOUT

RON THE REALTOR

The only reason you clicked on this publication was, let’s be honest, to find out what RTR’s crystal ball says. With incredible accuracy every year this section is spot on and is used to forecast the next year’s market, what the RTR ARMY relies on to succeed.

RTRS
BREAK DOWN

Another year in the books, now it is time for the most sought-after section every year… RTRs Crystal Ball. Decades of accurate forecasting based on Decades of Domination and experience in the local market. No one knows Winter Garden like RTR, period.

Even better… you get all this knowledge with no strings attached… you didn’t have to join anything, sign up or register even, this is here for everyone, even my competition to see.

Why?

I have always felt knowledge is power and also always felt I really do not have any competition. Not in a cocky way, I just do things far differently than anyone else in my industry. This is why year after year, decade after decade I am continually ranked in the top tier of any rankings …locally and nationally.

This is why the RTR ARMY is always growing every year, one family at a time.

Drum Roll Please

RTRs CRYSTAL BALL

Here it is, more dependable than Nostradamus…. for well over 2 decades RTR has dominated the Winter Garden local real estate market. So much in fact that the 2nd closest Realtor in closed sales on the ORRA MLS is over $100,000,000 behind in closed volume. That’s not even close.

Without any further delays RTR ARMY, here is what RTR predicts to happen in 2024

688,000

Average Sale Price

7% INCREASE 

305

ave $/ft

8% INCREASE 

40

Average Days on Market

1% INCREASE

635,000

Median Sale Price

10% INCREASE 

SOME RANDOM THOUGHTS ON WINTER GARDEN  FROM RTR

For those not familiar with this area, let’s break it down like it has never been broken down.

Winter Garden is a real estate market like no other, it is a tale of really 3 cities, and it is MASSIVE. Each of the 3 prongs of the trident are so different and it is what makes this area so incredible and why RTR has devoted over half his life promoting and selling 34787.  It offers something for literally anyone and everyone, regardless of lifestyle or life goals.

The Downtown historic golf cart district offers something not found in many places of Central Florida… WALKABILITY.  Small town charm, older homes with majestic oaks, each with its own storied history and the famous Plant Street business district. One of the most incredible Farmers Markets in the country and countless shopping and dining options in every direction.

Then what I like to call the boom era.

This is the countless tract home communities that exploded on the scene from 2000-2010 with development and building 34787 never experienced, Well over doubling the population of the city with the opening of the 429 expressway. With it the Winter Garden Village and big-name retail flooded the area, creating a quality of life not experienced in this area. Before this explosion, residents had few options for shopping and dining in the immediate area. This boom also led to the rejuvenation of the golf cart district that was referred to as the other side of the tracks for quite some time.

The Horizons West area.

Exploding on the scene after the brakes were pumped in the 2008-2012 real estate turmoil. This area of Winter Garden has doubled the population yet again. The development is neck breaking and the options and choices for buyers looking to buy BRAND NEW have never been greater.  With the majority of these sales not even being recorded in the ORRA MLS, you can only imagine what the impact will be on the area’s headlines when resales start popping up.  These newer homes will carry a higher $/ft than homes 20 years older typically. You truly have to keep this in mind when dealing with this unique Winter Garden real estate market. I never see anyone taking this into account, but like I always say. you have to be odd to be number 1.

Being the neighbor to the State’s Largest single employer has always helped the Winter Garden area and this will continue.

RTR PREDICTIONS 

WHATS IN STORE FOR 2024

RTR PREDICTIONS 

WHATS IN STORE FOR 2024

RTR PREDICTIONS 

WHATS IN STORE FOR 2024

RTR PREDICTIONS 

WHATS IN STORE FOR 2024

RTR PREDICTIONS 

WHATS IN STORE FOR 2024

RTR PREDICTIONS 

WHATS IN STORE FOR 2024

Did You Know

I ran some numbers from 2020 and compared it to 2023.

  • In 2020 the average sale price was $433,197, as you now know in 2023 it is $638,896. This is a 32% spike in 3 years and over 200k in appreciation on AVERAGE!
  • In 2020 the average $.ft was $168.53, and in 2023 $278.43 .. a 40% spike in 3 short years.
  • Pretty incredible is it not?

Let us dive into the why of these predictions and really understand why every year RTR is always incredibly accurate, year in and year out.

We have never had a more pivotal year in my lifetime at least. It feels like our country's future is hanging in the balance of this presidential election. The next decade of our economy will hinge on this election. With that said I am obligated to give predictions, which I have above.

Those that read last years crystal ball will notice that one of my predictions was way off. Not to any fault of myself... no one can predict the FED and their interest rates, if I could I would not be up at 4 am writing these reports. I would be on my yacht trading futures and commodities. I predicted mid 5% rates in 2023, I could not have been more wrong. RECORD spike in rates never seen in 40 years. Yet my predictions were still spot on with the metrics oddly?

I am going back to the well on predicting the unpredictable. Rates will lower into the mid 5% range in 2nd quarter I feel, to create a quick boost to our economy prior to the election.

This will create a surge in inventory from pent up owners stuck on the sideline when rates were 7% plus. This will also cause a nice run-on mortgage refinancing from those that did buy in the 7s and took advantage of amicable sellers. In the last year you could obtain closing cost contributions, actually have a financing contingency and how crazy is this, you were able to inspect what you were buying even.

As the summer buying season approaches and these rates that I predict will lower into the mid 5% , we will see a huge influx in qualified buyers. These lower rates will give thousands the ability to be approved that were not able at 7%. We will see prices continue to rise as the buyers will outpace the sellers. Builders are still fighting to keep up with supply and labor issues.

The resale market is always the most sensitive to drastic interest rate fluctuations, This will be no different, Sellers will benefit from multiple offers and climbing prices as these rates lower.

If you are planning on buying... now is the time if you are lucky enough to find something in this low inventory environment. Sellers are currently still open to offers and creative terms to sellt heir homes as days on the market have climbed almost 50%

Florida as a whole will continue to grow in population every year as our country's baby boomers continue to retire to the sunshine state.

The weather, economic and tax policies of the state are all still driving forces in Florida's desirability. The States policies on personal freedom and adhering to the constitution have been significant contributors to the historic spike in valuation and activity in the real estate market.

Closing Words

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