David's Orlando Real Estate Blog
Orlando real estate blog with all the latest information about Orlando real estate.
ARCHIVED BLOG POSTS
2011
2
Comments
I was speaking with another agent the other day from San Diego. He is referring a family member to me here in Orlando. Like a lot of my business these days, he found me on the internet and checked out what my other customers have said about me on Yelp. I often receive phone calls or e-mails rega...
01/31/2011
0
Comments
I tweeted earlier today that I was running into a lot of unmotivated sellers. Last week, I showed homes to six different buyers. Some were investors, some second home buyers, and one couple moving to town because of a new job. I cannot tell you how many homes we looked at that were priced too hig...
01/26/2011
The market continues to move along with bank owned properties leading the way on the sales side of things. So far this month there have been 1,193 closed sales with a median sales price of $91,200, a huge drop in median price. REO's made up 586 or 49.1% of the closed sales with a median sales pri...
01/25/2011
5
Comments
The banks, Freddie Mac and Fannie Mae included are pretty much acting like it is the wild west. It is there way or the highway when it comes to purchasing one of their properties. Buyers need to understand this going into the transaction, and I have to applaud Freddie and Fannie for the new step...
01/17/2011
2
Comments
Orlando home sales in 2010 were up over 21% from 2009. The chart here shows how sales have turned around, and the impact distressed properties have had in our marketplace. Real estate sales had reached a fever pitch in 2005 with 31,815 closed transactions recorded by Orlando Realtors. 2006 sales ...
01/10/2011
2
Comments
Well we definitely ended the year on a high note. I was afraid I was too optimitistic thinking we may close 2,100-2,200 sales, but I was not optimistic enough. The banks must have made a mad push at the end to get deals closed. There were 2,428 closed sales last month with a median sales price of...
01/06/2011
2
Comments
The home buyer tax credit is over, it has been for months. The great deals on Orlando real estate and low interest rates remain. Rates however, have been creeping up over the last several weeks even with The Fed continuing to pump money into the market buying up bonds. Banks continue to move for...
01/05/2011
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David Welch
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Orlando Real Estate Blog, news, statistics, marketing reports, insight, opinions. Orlando real estate includes, Winter Park Windermere, Apopka, Ocoee, and Winter Garden, as well as Conway and Dr. Phillips areas of Orlando.