Buying and selling homes can be a challenge under any circumstances. For several years the housing market has suffered huge losses as homes and real estate investments have lost their value, owners have lost their homes, and banks have been stuck with bad real estate loans. In the Orlando Real Estate market and central Florida, it has been a unique challenge.
Let’s focus on the real estate market in Orlando. Median prices increased for short sales and foreclosures. Short Sales – 4.40% Foreclosure – 8.52% However the normal sales decreased by -1.21%. Overall the number of transactions is lower two times than in last year but higher than in January. The average interest rate in February [...]
Read More >>If you want to invest in Orlando these 5 reasons can be helpful for you. Price have bottomed out – they hit bottom Price are below what it would cost to re-build – they are below replacement cost. Orlando City Government working to bring in new jobs Disney World, Sea World, Universal Studios… need she [...]
Read More >>10 Tips on Selling Orlando Real Estate in a tough market. Presentation is everything. Price the home right from the beginning. Know you competition. Realize that all homes have a weakness. Understand selling a home takes time. be sure to share your situation with your agent. Be aggressive when lower the price. Be sure to [...]
Read More >>The recently devastated Orlando real estate market shows signs of life in an unlikely sector. HomeVestors of America, as reported by the Orlando Business Journal, has listed Orlando as the fourth best place in America to invest in rental property. As a large number of Orlando homeowners faced foreclosure and eventually lost their homes, they [...]
Read More >>As the Orlando condo market still attempts to recover from the Great Recession, apartment developments have moved to the forefront as rental demand almost exceeds supply. The downtown Orlando rental market is strong as the Orlando Sentinel reports that most downtown apartments are 95 to 98 percent full. Some buildings even have a waiting list [...]
Read More >>Sometimes a real estate spiral is just that–a long descent into a black hole of lower sales, lower values, bankruptcies and foreclosures. The Orlando condo market still looks problematic, especially with the recent news reported by The Orlando Sentinel. The FHA has become the lender of last resort for many would-be home and condo purchasers. [...]
Read More >>A quick internet search will find varied information about the Orlando market. While many real estate agents attempt to paint a rosy picture concerning market trends, a true analysis of the Orlando real estate market today produces other results. The stock market as measured by the Dow Jones industrial average hit a low of 7,449 [...]
Read More >>Trulia.com lists 719 rental homes in Orlando. Craigslist shows over 1000. Great deals can be found but prices are firm. Rentjungle.com claims that apartments from one bedroom to four bedrooms have not increased in price for six months. However, these properties have not shown a tendency to decrease in price either. A potential renter faces [...]
Read More >>Orlando, Florida is home of Universal Orlando Resort, SeaWorld, Lake Buena Vista, and Walt Disney World located on the southwest side of the downtown area. While a major tourist destination, Orlando has a population of 238,300 making it Florida’s largest inland city and the 80th largest city in the U.S. Orlando is located in Orange [...]
Read More >>With a metropolitan population of over 2 million, Orlando is a major hub for many businesses. Fortune 500 companies, such as Lockheed Martin, General Dynamics, Westinghouse, and Siemens, have a major presence in Orlando. As the home of Disney World, Universal Studios, Sea World, Pleasure Island, and many other major amusement and entertainment attractions, though, [...]
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