orlando sentinel: Orlando's Big Wheel - 06/26/08 07:47 AM
This is not so much real estate news, but I think it does indicate that business people around the world recognize the strength of the Orlando economy. This project you can read about in this Orlando Sentinel article is estimated to cost $200 million. We will be the first site for … (0 comments)
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orlando sentinel: Condo Offering Nude Option to Sell Units - 06/20/08 07:56 AM
Yes, this is for real. I read this in the Orlando Sentinel today. A Tampa area condo is considering making the pool area clothing optional to help sell the units. The good news is that new and conversion condos have 15 day right of recision. That means you can check out … (5 comments)
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orlando sentinel: Orlando Real Estate Statistics 06/17/2008 - 06/17/08 08:04 AM
New contracts so far in June are continuing to outpace May with 1,063 new contracts written in the first half of the month. Closed sales stand at just over 500 with a median sales price of $219,000. The median fluctuates quite a bit on a daily basis, and this number is … (0 comments)
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orlando sentinel: Shaq to the Rescue - 06/12/08 11:10 AM
You have got to read this article that was in the Orlando Sentinel earlier this week. Shaquille O'Neal is putting together a plan to buy mortgages going into foreclosure then selling the homes back to the owner with better financing terms. The idea is to help people that are losing their … (4 comments)
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orlando sentinel: Orlando Sales Numbers 05/30/2008 - 05/30/08 01:42 PM
The day is not finished, and we have broken the 1,000 sales mark for the month of May. There will probably be another 200 sales posted in the MLS. With the 1,041 closed sales in the books so far, the median sales price is actually just a tad higher than April … (4 comments)
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orlando sentinel: Orlando Sentinel Article 05/27/2008 - 05/27/08 06:45 AM
They must have been reading my blog. The Orlando Sentinel actually has a positive article about the local real estate market today, and it is even on the front page. http://www.orlandosentinel.com/business/orl-firsthome2508may27,0,2193812.story
It actually has a lot of the information I have been commenting on for some time now. Rates are low, … (0 comments)
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orlando sentinel: Orlando Sentinel Article 05/23/2008 - 05/23/08 07:49 AM
The headline reads "Hope dims for a turnaround..." in today's Orlando Sentinel. That sounds awfully dire, for a market that has seen price appreciation of 50% over a three year period. This is not the best time to be a seller, if you purchased in the last two years. If you have … (3 comments)
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orlando sentinel: Florida Home Sales - 05/14/08 07:24 AM
The Orlando Sentinel reported Florida existing home sales numbers today. You can read the whole article here http://www.topix.net/forum/source/orlando-sentinel/T8CQM4N4E23S2VLQ2#lastPost.
They actually used the words "Good news" to refer to Orlando real estate sales. The numbers reported for the first quarter were still down from last year by 31%, but Orlando was second … (0 comments)
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orlando sentinel: The Experts Have Spoken - 05/13/08 08:21 AM
In search of expert opinions regarding the Orlando real estate market, the Orlando Sentinel found two experts in their fields. A coffee shop owner in Mount Dora a rural community outside Orlando in Lake county says it will take "five to seven years" for the market to get back to normal. If … (1 comments)
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orlando sentinel: April "Official" Numbers - 05/12/08 10:30 AM
Well, the official numbers are in as reported in the Orlando Sentinel this morning. You can link to the article "Orlando-area home sales see improvement". The numbers being reported are pretty consistent with those that I have been estimating in my recent Orlando Real Estate blogs.
The number of sales at … (4 comments)
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orlando sentinel: Coldwell Banker of Central Florida Reports Increased Sales - 05/08/08 06:32 AM
Coldwell Banker of Central Florida reported, in the Orlando Sentinel today, their best sales month since March of 2007. They reported 520 sales transaction sides in April compared with 502 in March of last year.
http://www.orlandosentinel.com/business/orl-realestate0808may08,0,998093.story
This is just more evidence of what I have been saying in my Orlando Real Estate blog. … (6 comments)
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orlando sentinel: Zillow Numbers Released Today - 05/06/08 02:53 PM
Zillow numbers came out, and the Orlando Sentinel jumped on the "bad news". They tried to make Zillow sound like they are some kind of authority on real estate values. They have an algorithm that estimates values based upon publicly available information. I will say that there are times when the … (0 comments)
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orlando sentinel: Orlando Real Estate Statistics 05/06/08 - 05/06/08 01:36 PM
Our local newspaper has now decided that Zillow.com is the source for real estate information. Click below to see the article, and make sure you read the comments people have posted. There are 100 responses to this article today so far. I had several responses to my comment, and quite a … (0 comments)
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orlando sentinel: Today's Paper 04/23/2008 - 04/23/08 08:02 AM
Realtors are by their very nature optimists. Many would argue that the press is pessimistic. Let's face it negative headlines are attention grabbers. The truth is that the number of new sales contracts was up in March compared to February which was up compared to January. The total number of contracts … (3 comments)
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orlando sentinel: 60% don't want to buy a home soon - 40% do? - 04/14/08 07:57 AM
A recent poll found that 60% have no plans to buy a home in the next two years, but 11% are certain they will be buying a home soon. The 60% is up from 53% in September of 2006, and the 11% is down from 15% from the same time. I … (3 comments)
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orlando sentinel: March Sales Numbers Up...Mostly - 04/08/08 08:51 AM
Sales figures come out in a couple of days, but this is what to expect. Sales up by more that 100 to 1,070. New contracts up by around 200 to 1,700. Inventory stable, around 27,000. The only number that is down is the median price of $220,000 which is down from … (2 comments)
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orlando sentinel: High Tech Jobs - 04/02/08 08:22 AM
There was an interesting article in the Orlando Sentinel today about high tech jobs in Florida. I would love to see the stats for Orlando specifically, but the numbers were for the whole state. We rank #4 in the nation for the number of high tech jobs, but #31 in concentration. … (1 comments)
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orlando sentinel: Pending Sales On The Rise - 03/31/08 08:47 AM
Buried in the business section is finally a positive article. Pending real estate sales are rising all over the state. This is the best indicator of future sales, since these are actual contracts on properties. Closings do seem to be taking a little longer to close. This is mostly because lenders … (4 comments)
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orlando sentinel: Press Release - 03/27/08 12:05 PM
I was in the paper today. Yippee! I just returned from Tallahassee, our state capital, where I was attending Great American Realtor Days. We spent the last two days meeting with our legislators and other officials to discuss the impact property taxes, insurance and work force/affordable housing is having on our … (3 comments)
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orlando sentinel: Today's Paper - 03/12/08 09:32 AM
Check out the link below. It references an article in the Orlando Sentinel today. The important point this makes is the media presenting a more positive perspective on the Orlando Real Estate market. It is not a rosy picture, but we are not in a rosy market if you are trying … (2 comments)
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