Owner: Orlando Realty Blog URL:http://orlandorealtyblog.com/ Join Date: Tue, 15 Jan 2008 09:32:15 -0600 Rating:0 Site Description: Keeping the pulse of the Orlando,FL real estate market Site statistics:Click here
Gentle Relief to Housing Market This Year - Time for Buyers to get off the Fence! 2008-03-08 09:54:30 The National Association of REALTORS, a.k.a. NAR, is predicting a flat market for existing home sales over the next few months, and then gentle relief to the housing market in the 2nd half of this year. Many buyers having been sitting on the fence, waiting for the “bottom of the market”. It’s time to move to [...] Read more:Housing
, Market
, Buyers
Buyer’s Market Expected to Continue for Sanford, FL Real Estate 2008-02-25 11:26:55 Home prices continue to decrease in Sanford, FL. In fact, since the market peak in 2006, the Median Price for single family homes has decreased 17% from $465,450 in 2006 to $385,000 for YTD, 2008. The < $200,000 price band of single family homes saw a similar impact with a price decrease of 35% from [...] Read more:Market
, Buyer
, Expected
, Continue
, Estate
, Real Estate
Almost 3 Years of Inventory for Orlando Area Homes 2008-02-12 13:41:53 Here’s an interesting article that was in today’s publication of the Orlando
Business Journal:
More than 1,400 Orlando-area homes were added to the market in January, pushing the inventory to a nearly three-year supply, according to the Orlando Regional Realtor Association.
The association reports 25,724 homes are for sale in the Orlando area through the multiple listings service, [...] Read more:Almost
, Years
, Inventory
, Homes
Special Programs for 1st Time Florida Home Buyers with Low or Moderate Income 2008-02-09 13:35:57 Now is the BEST TIME for First Time Home Buyers
to purchase a home in Florida
within the last decade due to a combination of several factors:
Decrease in Home Prices
High Inventory Levels means lots of choices for buyers
High number of foreclosures
Higher Property Tax Exemptions
Low Interest rates
Here is some information for buyers with low or moderate [...] Read more:Special
, Programs
, Moderate
, Income
, Home Buyers
Best Home Buys in Seminole County Florida 2008-01-30 18:12:41 Seminole County
is located in the Greater Orlando Florida
area and boosts some of the premiere neighbors in Central Florida.
One of my favorite neighborhoods is Alaqua which is a gated, golf community in Longwood, Florida. All homes are custom built and most are on 1+ acre. Alaqua Country Club is located within the gates [...] Read more:Seminole
Lift in Cap on Conforming Loans 2008-01-28 17:11:38 This is big boost from the Federal Government to help our market. We’ve been seeing quite a difference in the rates between conforming and non-conforming “Jumbo” loans. This measure is another reason it’s a great time to buy!
House OKs Lift on Fannie, Freddie Loan Limits
The economic stimulus package hammered out between the White House and Congress on [...] Read more:Loans
New Federal Mortgage Forgiveness Debt Relief Act of 2007 Gives Home Buyers The Edge 2008-01-24 06:59:57 In December Congress passed sweeping legislation intended to help home sellers with foreclosures, short sales, deed in lieu of foreclosures, and loan modifications. Prior to this bill discharged debt had been considered ordinary income to the borrower for income tax purposes. Under certain circumstance (see below) taxpayers may now exclude this amount and the associated [...] Read more:Buyers
, Federal
, Mortgage
, Forgiveness
Maneuvering Through the Mortgage Maze 2008-01-22 18:11:04 I came across an excellent web site today that offers a wide range of advice and solutions to common, and not so common, mortgage questions. They call themselves the “World’s Largest Mortgage
Community” and can be found at .
Included is a very active forum where community members can post questions or comments, and one of [...]
Over 2,000 Pre-foreclosures in Seminole County – Great Time to Buy a Luxury Home! 2008-01-17 08:19:28 Today Foreclosures.com lists 2219 residential properties (1 – 4 units) that are in the pre-foreclosure stage in SeminoleCounty
, Florida. As I wrote in my previous post, this is a wonderful opportunity to get a great deal. Many incorrectly think that foreclosures mostly affect the entry level market, when in fact, they affect all price [...] Read more:Great
, Luxury
, Great Time
Median Price of Homes Sold in Orlando FL Continues to Stabilize 2008-03-14 10:56:01 February’s Median
Sales Price for homes sold was $223,000, up slightly from the January median sales price of $221,500. The average price, however, decreased to $276,200, down 14.4%% from January. The number of homes sold, however, increased from 813 homes sold in January to 932 homes sold in February. January’s volume of 813 was the [...] Read more:Homes
, Orlando
# of $ Million+ Seminole County FL Homes Sold Drops 46% from 2007 2008-03-28 08:37:56 The slow real estate market is taking its toll on the once almost immune Luxury Home Market segment. Previously luxury home sales remained substantially constant despite downturns in the non-luxury market. This was due to several factors:
· Blimps in the economy have had less impact on the wealthy
· Real estate has proven to be a [...] Read more:Seminole
, County
, Homes
, Drops
Heathrow FL Home Sales Decline 54% from Last Year 2008-07-06 09:29:13 This is Part 3 of 2008 1st Half Heathrow
, FL Real Estate Sales
Heathrow is a lovely, gated, golf course community located north of Orlando, FL. It consists of custom and semi-custom single family homes, condos, and townhouses. 112 single family homes were sold in Heathrow in 2007, of which 51 were custom homes and 61 [...] Read more:Decline
Heathrow FL Custom Home Sales Decline 58% from Last Year 2008-07-06 09:22:39 This is Part 2 of 2008 1st Half Heathrow
, FL Real Estate Update
Heathrow is a lovely, gated, golf course community located north of Orlando, FL. It consists of custom and semi-custom single family homes, condos, and townhouses. 51 custom homes were sold in Heathrow in 2007. During the first half of 2008, 13 custom homes [...] Read more:Sales
, Decline
, Custom Home
Heathrow FL Semi-Custom Home Sales Decline 51% from Last Year 2008-07-06 09:15:13 This is Part 1 of 2008 1st Half Heathrow
, FL Real Estate Updatw
Heathrow is a lovely, gated, golf course community located north of Orlando, FL. It consists of custom and semi-custom single family homes, condos, and townhouses. 61 semi-custom homes were sold in Heathrow in 2007. During the first half of 2008, 18 semi-custom homes [...] Read more:Sales
, Decline
, Custom Home
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