"Cash"ing in on Orlando Real Estate - 02/29/12 11:00 AM
If I were a betting man, I would wager you will pay cash for your Orlando real estate purchase. Last year, there were 29,645 home sales in Orlando. Of that number, 15,812 or 53.3% were cash deals. That is a lot of greenbacks flowing into our local market. The next biggest source of purchase money was conventional financing which was used on 6,131 sales or about 20.7%. That was followed  by FHA with 5,742 or 19.4% and VA with 786 or 2.7% of all sales. The remaining 1,174 or 4.0% were financed by other sources including: private lending, seller financing and … (0 comments)

Orlando Real Estate Statistics from Realtor.com, January 2012 - 02/17/12 02:39 PM
January 2012 real estate search results are in and Orlando, FL was the #9 most searched market in the country in January 2012, based on data released today by Realtor.com, the #1 homes for sale real estate web site.

Median list prices for homes in Orlando, FL hit $155,000 in January 2012, a 3.33% increase from one year ago this month, and 0.00% increase from December 2011. The national median list price in January 2012 was $185,500, a 3.69% increase compared to January 2011.

Active for sale inventory of homes in Orlando, FL in January 2012 leveled … (0 comments)

Orlando Real Estate Statistics, January 2011 - 02/07/12 03:15 PM
There are 8,811 homes of all types available for sale listed with Orlando Realtors. That is a 38.8% decline from last year's 14,398. Based on last month's sales pace that is only a 4.8 month supply of inventory. Of the homes still available, 798 or 9.0% are foreclosures, 2,809 or 31.9% are short sales and 5,204 or 59.1% are equity sales. While the inventory has declined, the number of contracts pending has been climbing. There are 9,675 homes with contracts. Of the homes under contract, 1,229 or 12.7% are foreclosures, 7,009 or 72.4% are short sales and 1,437 or 14.9% are … (3 comments)

Keep Sharpening Business Plans and Skills - 02/02/12 05:55 PM
The seventh habit from Stephen Covey's book "The Seven Habits of Highly Successful People" is called Sharpen the Saw. This one is pretty straightforward, but it is also something that many of us forget too. You get busy, and you neglect giving yourself time to read or practice or attend workshops to get better. In the real estate business, if you are not moving forward you are getting left behind. Our industry is changing probably more rapidly than it ever has. We not only need to be skilled salespeople, but skilled in a variety of technologies, lending changes, and changes in … (2 comments)

 
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David Welch, Orlando Real Estate Optimist

Orlando, FL

More about me…

Remax 200 Realty

Address: 954 S. Orlando Ave., Winter Park, FL, 32789

Office Phone: (407) 629-6330 x 399

Cell Phone: (407) 924-7670

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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.


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