Orlando real estate blog with all the latest information about Orlando real estate. David Welch has the #1 ranked Orlando real estate blog by Google and Yahoo.
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Wow! I was out showing homes this past week, and all but one that I saw was either a short sale or a bank owned property. I was looking in the $150,000 to $200,000 price range, in the south Orange county and Osceola county areas. I waslooking for pool homes too, which limited the search quite a b...
This post is in response to a message I received from Judy. "Dave ... come again with the incentive of investing in fla homes,,,, I'm a landlord an i pay2.5 times as much as my neighbor does,,,,,,, I sugguest you get your facts str8 before you open that wide mouth of yours,,,,,,,,,I pay 3100 mean...
The mortgage bailout looks like it is going to sail through congress now that President Bush has withdrawn his objection to the $3.9 billion set aside to help the neighborhoods effected the most by foreclosures. I can't say that I like all the aspects of this bill. As it stands right now there is...
Treasury Secretary Paulson, stated that he believes the real estate market may be turning the corner in the next few months. Bear in mind, his statements are relative to national numbers. Real estate is a local market place with local economic factors weighing more heavily than the national econo...
First, I should say that no home is a commodity. Every property has a unique location, a personality, a feel, even its own smell. Condos are usually the most homogeneous properties, because there are usually several of the same floorplan within a particular building. Certainly, the exterior compo...
Today on Yahoo Finance there is an article from Forbes naming the top 10 markets for real estate investment. Orlando is ranked number 10, although they do not really explain the rationale for the rankings. New York, San Francisco, and pretty much all the others in the top 10 have prices well abov...
I can tell things are getting better, because there are not so many articles about the real estate market. Of course the Indymac Bank, Freddie Mac, and Fannie Mae news has been taking up the slack. One of the best reports I have read recently was in Barron's this week. Make sure you read that one...
The numbers are in, and they are looking up with 1,443 closed sales which is up from May's 1,347. The median price is also up over May at $217,500 compared to $211,400. Unfortunately, interest rates are up as well with an average rate of 6.35% compared to 5.94% in May. The inventory of homes avai...