greater orlando homes: Affordable Home Options Despite the Market! - 09/18/07 05:12 PM
Is the current market as bad as everyone thinks?  Or, despite news headlines, perhaps there are some silver linings to the dark cloud that hangs over real estate! Builders are turning their focus to lower priced homes.  These homes are perfect for a first-time home buyer.  Centex is building a bunch of them in the Orlando area, and revealed the list in the September 16 issue of the Orlando Sentinel.  Check Gitta's Blog for details.
Don't forget http://www.gitta.com/, http://www.orlandoluxuryhomes4sale.com/, and http://www.greaterorlandohomes.com/ for complete market coverage!
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greater orlando homes: Community Spotlight: Mt. Dora, Florida - 09/08/07 01:14 PM

The City of Mount Dora was established in 1880, the City of Mount Dora was first named Royellou after one of the city's pioneers.  Lake Dora was named for a local resident who provided camping hospitality to Federal surveyors in 1883.  The town was later renamed after the lake.  The "mount" refers to the fact that the city sits on a plateau 266 feet above sea level.  Incorporated as a town on March 25, 1910 with 370 residents, it was later incorporated as a city on April 23, 1953.  Mount Dora now boasts a population of approximately 10,364.Located approximately 25 miles … (0 comments)

greater orlando homes: Community Spotlight: Clermont, Florida - 09/08/07 01:13 PM
Named for its 1400 plus lakes, Clermont was formed from a portion of Orange County and Sumter County in 1887. We are approximately 1200 square miles and are known for our diverse landscape and terrain ranging from 0 to 315 feet above sea level.
In Lake County's earliest beginnings, pioneers looked to the earth for their livelihood. We grew into a place rich in agriculture. We had Florida\'s largest peach orchard in the 1920s and were second in the world for citrus production in the 1960s. Mother Nature took a toll on those citrus crops during a freeze in the 1980s. Because … (0 comments)

greater orlando homes: Community Spotlight: Winter Springs, Florida - 09/08/07 01:12 PM

Winter Springs originated from Spanish land grants given to a successful New York merchant who traded lumber and other goods with Spain.  Lake wharves used to be home to steamboats delivering freight for wagon delivery inland to Maitland and Orlando.  Farmers, lumbering crews, sawmill workers and more migrated into the area, constructing all manner of businesses.  Cattle business began to boom along the spring-fed lakes. 
Incorporated as North Orlando in 1959, there were fewer than 600 residents in the area.  That's all changed, with Winter Springs providing home to over 33,000 people.  Winter Springs also boasts having the largest area out of … (0 comments)

greater orlando homes: Community Spotlight: Celebration, Florida - 09/08/07 01:10 PM

 Celebration, Florida is a planned community created by a real estate division of The Walt Disney Company. The Walt Disney Company commissioned famous architects to create the master plan and to design the buildings.
Founded in 1994, Celebration has the flavor of southern American village from the 1930s. About 2,500 homes are clustered around a small, pedestrian-friendly shopping area. Celebration, Florida is often cited as an example of New Urbanism, or neo-traditional town design.
In 2004, the Disney Company sold the 16-acre town center to Lexin Capital, a private real estate investment company. However, Market Street still has a storybook atmosphere that some … (0 comments)

greater orlando homes: General Market Indicators - September 2007 - 09/08/07 01:08 PM
This week, the market actually took a turn for the better by a reduction of the overall inventory from 31,500 homes to 31,100.  This is a welcomed occurrence. We hope this will continue in the future and the market will stabilize.  Because of the increase in unemployment numbers, we are going to see a reduction in the mortgage rates.  This will bring buyers back into the market. Hopefully, the FEDS are not going to tighten the credit rules too much to prevent more buyers from being eligible for mortgages.   The unsold inventory throughout the various counties we are tracking is still … (0 comments)

greater orlando homes: Orlando Weekly Market Update - 09.07.07 - 09/08/07 01:07 PM
The Real Estate Market Synopsis
Slight Improvements in Orlando Unsold Inventory of Resale Homes and Average Home Prices
Gitta Urbainczyk, P.A., E-Pro, RECS, CLHMS, Broker Associate
While the negative real estate news on the national scene seems to indicate that the sky is falling, we are so lucky to be in the Orlando area where great economic news is keeping the real estate market alive and kicking. We are blessed with low unemployment, a diversified workforce, great weather and a lot of future life-science industries that are pouring into this area. The good news seems to be playing out on the real estate numbers, … (0 comments)

greater orlando homes: And The Highest Price Goes To…The Top 2 Highest Selling Homes of 2007 for Orange, Seminole, Lake & Volusia Counties - 08/31/07 04:31 PM
Orlando Real Estate Market Update 08/31/07
Gitta Urbainczyk, P.A.
The market may seem very slow, but it's really all in the eyes of the beholder.  Homes are still moving, especially the highest priced homes.  Here are some of the pricey real estate which has sold so far in 2007 in the 4-county area. 
 Seminole County
•1.      Number one and highest price sold home was in Sweetwater Club Estates in Longwood.  This property sold for $3,750,000, although the asking price was $4,200,000. The home was on the market for 226 days. It offered 5 bedrooms, 6.5 baths and totaled 7,444 sq. ft.  The home was … (0 comments)

greater orlando homes: Paying Off Your Mortgage in Six Years Without Changing Your Lifestyle - 08/26/07 05:44 AM
The Real Estate Market Synopsis
NOTE: For the full market update, including facts, figures, and other market indicators, go to Gitta's Blog right now!
Orlando Real Estate Market Update 08/24/07
Gitta Urbainczyk, P.A.
At first, this may sound too good to be true.  If you think you have heard this idea before, you really need to listen to this one now and find out more about it! Most people labor 30 years to pay off their home.  In the process, they end up paying hundreds of thousands of dollars in interest expenses.  In the end, they will never pay off their home. Now, there … (0 comments)

greater orlando homes: Gitta Urbainczyk Becomes Exclusive Member of The Real Estate Advocate Group - 08/18/07 05:57 PM

Sites featured in this release:
http://www.realtyconnectioninternational.com/Gitta's Greater Orlando Marketing CampaignGitta.comGreaterOrlandoHomes.comGitta Urbainczyk P.A. E-Pro, CLHMS
Certified Luxury Home Specialist -For More Info Click HereGitta's Real Estate Team- Click HereKeller Williams Heritage Realty
Why using an E-Pro as your agent -Click hereGitta's main Web Sites
·        http://www.gitta.com/
·        http://www.greaterorlandohomes.com/
We will serve you before, during and forever after the closingWe want to earn to be your Realtor for Life!Over The Net Home Evaluation at  http://www.gitta.com/  1-800-779-6752Electronic Newsletter: click here
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greater orlando homes: Gitta's Real Estate Team Dominates Online Real Estate - 08/18/07 05:51 PM

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Gitta Urbainczyk P.A. E-Pro, CLHMS
Certified Luxury Home Specialist -For More Info Click HereGitta's Real Estate Team- Click HereKeller Williams Heritage Realty
Why using an E-Pro as your agent -Click hereGitta's main Web Sites
·        www.gitta.com
·        www.greaterorlandohomes.com
We will serve you before, during and forever after the closingWe want to earn to be your Realtor for Life!Over The Net Home Evaluation at  www.gitta.com  1-800-779-6752Electronic Newsletter: click here
… (1 comments)

greater orlando homes: Monthly Market Update - Winter Park, Florida - August 2007 - 08/18/07 05:23 PM
Unfortunately, Winter Park is also falling victim to the stagnant real estate market. It has an oversupply of homes and sluggish buyer demand. A strong buyer market is in place. There is no short term improvement forecast for market conditions. A huge supply of inventory needs to be sold off. As of the end of July, there were 976 homes for sale with 14 months of unsold inventory supply. The average sale price for Winter Park for July was $462,639 ($28 per sq. ft.). The high sale price was $2,295,000, the low was $114,140, and the average price is $462,639. The … (0 comments)

greater orlando homes: Monthly Market Update - Heathrow, Florida - August 2007 - 08/18/07 05:22 PM
Oviedo, like surrounding areas, is having huge oversupply of homes. The market currently has 10 months of unsold inventory. It also suffers from sluggish buyer demand. There is no short term forecast for improvement in market conditions. As of the end of July, there were 737 homes for sale. Only 72 have been sold over the past 30 days. The high price active listing is $727,000, with the low price at $149,000 and the average listed price at $339,612 ($156 per sq. ft.). In the sold category, the high price is $1,985,000, with the low price at $139,000 and the average … (0 comments)

greater orlando homes: Monthly Market Update - Orlando, Florida - August 2007 - 08/18/07 05:20 PM
The Orlando market is suffering form a huge oversupply of unsold inventory and a sluggish buyer demand. However, with all of the bio-research companies entering into the market, it will strengthen in the long-term. Meanwhile, over the next 24 months, we will see some definite erosion of home values while we go through this adjustment period. Orlando has 11808 homes for sale, 607 homes sold during the past 30 days, which projects out to 19 months of unsold inventory. The highest sale price was $2.9M, the low price was $29,000 and the average sales price is $316,540 ($167.00 per sq. ft.). … (0 comments)

greater orlando homes: Monthly Market Update - Lake Mary, Florida - August 2007 - 08/18/07 05:19 PM
The Lake Mary market is suffering from an oversupply of homes and a sluggish buyer demand. A strong buyers market is in place. There is no short term improvement forecast for market conditions. A huge supply of inventory needs to be sold off. As of the end of May, there are 537 homes for sale. At present, there are 11.9 months of inventory supply. The average sale price for Lake Mary is $362,122. This is the median between a high sale of $1,400,000 and a low sale of $103,200.Lake Mary, incorporated in 1973, is located in Seminole County and is a … (0 comments)

greater orlando homes: Monthly Market Update - Heathrow, Florida - August 2007 - 08/18/07 05:14 PM
As of the end of July, Heathrow has 174 active homes for sale. The high price is $4,650,000 and the low price is $190,000, while the average listed price is $699,236. Only 17 homes sold in the past 30 days which creates 10 months of unsold inventory. The average selling price is $536,873, with the low price at $185,000, the high price at $996,000 and the average price at $536,873 ($204 per sq. ft.).There is no short term improvement forecast for market conditions. A huge supply of inventory needs to be sold before the listing time returns to a more manageable … (0 comments)

greater orlando homes: Real Estate Market Synopsis - How Do home Prices Hold Up In Cities Around Greater Orlando? - 08/17/07 09:27 AM
NOTE: For the full market update, including facts, figures, and other market indicators, go to Gitta's Blog right now!  
The Real Estate Market Synopsis
How Do Home Prices Hold Up In Cities Around Greater Orlando?
Orlando Real Estate Market Update 08/17/07
Gitta Urbainczyk, P.A.
Current housing news is as bleak as ever!  Most can't help but notice all of the negativity regarding the housing market.  It literally seems to be coming in daily doses from all around the globe.  While it is easy to become distracted the constant onslaught of bad news, we must make sure to keep our focus on our housing market … (3 comments)