bank owned: The Resident Chef Foreclosure of the Week - 05/30/12 08:49 AM
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bank owned: Bank owned Foreclosure, Lakefront, 3.15 Acres - 04/08/12 06:28 AM
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bank owned: THE RESIDENT CHEF'S LATEST LISTING 4401 LARADO PL ORLANDO, FLORIDA - 12/21/11 04:03 PM
Buy Disney Holiday VillasOrlando investment PropertiesNear Walt Disney Worldwww.ResidentInvestments.com
We are Short Sale AgentsWe help Homeowners inKissimmee/Saint Cloud, Floridawww.ResidentTeam.com
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bank owned: Kissimmee Investment Bank Owned Properties - 10/02/11 04:52 PM
Kissimmee Investment Bank Owned Properties is the hottest segment of Central Florida. Why, Wald Disney World. Walt Disney World is still the #1 destination for visitors in the World! This endless supply of Bank Owned Foreclosures, Investors are flocking to the Sunshine State and landing in Kissimmee. With rents relatively unchanged, the drop in property values greatly enhances the return on investment for the investor.
We are currently seeing low inventory levels in Bank Owned Foreclosures with that expected to change at the start of 2012. I expect to see this trend continuing as the release of more Bank Owned Foreclosures is bound … (0 comments)
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bank owned: THE RESIDENT CHEFS LATEST LISTING 252 MAGICAL WAY KISSIMMEE 34744 - 08/10/11 02:01 PM
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bank owned: Inside the Numbers of Listed Homes in Osceola County Florida - 03/06/11 01:10 AM
Analyzing the numbers in Osceola County Florida:
Single Family Home Active listings:
Bank Owned 253 Short Sales 877 Traditional 868 Total 1998
Single Family Home Pending, or Under Contract:
Bank Owned 416 Short Sales 800 Traditional 225 Total 1441
In 2011, 2019 homes were Sold. That is just an average of 168 a month.
Looking at the numbers one can conclude that we are having a spike in home sales! We have 71% of last years entire sales pending. Now in normal times these pending homes would be closed in 45 days. But, these are not normal times. The 800 pending short … (0 comments)
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bank owned: Are We Haeded For a Double Dip Home Recession? - 07/18/10 07:38 PM
I wrote a blog at the end of May Will we have an Endless Supply of Bank Owned Properties? The evidence is really starting to become apparent currently. Prices are starting to weaken as unincentified buyers are not entering the market. Inventories are stable, foreclosures are increasing, but sales are on the way down. These factors point to decreasing home values after we had seen the values stable for 2010 up to this point in Kissimmee and St. Cloud, Florida.
"Given this backlog, we believe that average home prices could fall again if demand doesn't rise in step with the potential influx … (2 comments)
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bank owned: THE RESIDENT CHEF'S INTERCESSION CITY, FLORIDA FORECLOSURE OF THE WEEK - 06/15/10 01:34 PM
For more information on this listing, contact The Resident Team by clicking the footer.
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bank owned: THE RESIDENT CHEF'S KISSIMMEE, FLORIDA FORECLOSURE OF THE WEEK - 05/08/10 02:37 PM
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bank owned: Kissimmee and Saint Cloud's Real Estate Market Has Stabilized - 03/25/10 11:20 PM
With Florida being in the top three of foreclosure markets in the United States for the past two years, here in Kissimmee and Saint Cloud, Florida we have hit bottom with the prising finally stabilized over the past three months. I have been doing BPO’s (Broker Price Opinions) for the past three years and the market has stabilized.
What we are also seein is that homeowners are finally understanding the reality that the market has dropped and are offering their homes at competitive prices. For the past two years, the competitive market was just the Bank Owned Homes. Out selling all … (2 comments)
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bank owned: Current Bank Owned Inventories. - 02/04/10 10:49 PM
December numbers. Of the 530 homes sold, 137 were short sales, 135 were normal sales, and 258 were foreclosures that are Bank Owned.
January 2010 numbers. Of the 351 homes sold, 112 were short sales, 82 were normal sales, and 157 were Bank Owned Properties. That's a drop of 34%.
What does this mean? Yes, I know, it means sales were down. But, lets look deeper. The last quarter of 2009 was almost a record quarter in banks foreclosing. Currently active listings in Osceola County are 3,409. 1,514 are short sales, 1,547 are normal sales, and 346 Bank Owned Foreclosures. Bank Owned … (2 comments)
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bank owned: What's the real Numbers - 02/03/10 09:48 PM
Well after seeing NAR with the decrease in December, then finding out they changed the criteria, it's no longer a comparison of the same month in the previous year. I did some digging. Sales in Osceola County Florida for December of 2008 were 289 homes sold. Sales in December of 2009 were 530 homes sold. That's an 83% increase. Yet the numbers reported by NAR was a decrease in home sales by about 16.7%. That was December 2009, compared to November 2009. Yes, extend the tax credit.
Well inside the December numbers. Of the 530 homes sold, 137 were short sales, 135 were … (23 comments)
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bank owned: FORECLOSURES IN THE HOUSING MARKET - 01/14/10 10:55 PM
December was slow in the foreclosure market. It almost seemed like there was a moratorium on foreclosures. With 2009 being the record year for foreclosures in the US. Florida being the second most in the country, and Osceola County, Florida teetering between first and second, this year is going to be huge in the resale market of foreclosed homes. All buyers need to get engaged with this hot market in the current year. Inventories of foreclosures for sale are currently low. That means that banks are holding back foreclosures in large numbers.
With no end in sight on homes going into foreclosure, … (4 comments)
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bank owned: THE RESIDENT CHEF'S ORLANDO, FLORIDA FORECLOSURE OF THE WEEK - 01/14/10 10:41 PM
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bank owned: THE RESIDENT CHEF'S KISSIMMEE, FLORIDA FORECLOSURE BEST BUY - 01/06/10 09:24 PM
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bank owned: Foreclosures in Osceola County - 12/08/09 07:00 PM
Foreclosures in Osceola County Florida still lead the way in the home sales market. November had 356 home sales. 257 were distress properties, Foreclosures and Pre-Foreclosures. There were 78 Short Sales sold, and 179 Bank Owned Properties. Osceola County is Kissimmee and Saint Cloud, Florida.
The interesting trend is the relationship of list price to the sold price. In August I ran the numbers and 92% of Bank Owned Properties sold at or above list price with 181 homes sold. The amount of homes sold is about the same, but last month 86% sold at list price or above. (About 95% … (0 comments)
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bank owned: Supply and Demand - 11/13/09 08:48 PM
Elementary economics is being manipulate in the local housing market here in Kissimmee and Saint Cloud , Florida. Supply and Demand. It appears that the supply is being controlled by the banks. As the market has stabilized, inventories are declining. Bank Owned homes under $200,000 have been priced between $68 and $82 a square foot. In this past week, the trend has been to price these distressed properties at $100 a square foot. If there are buyers, and the inventories are drying up, these prices are bound to raise. Inventories are being manipulated.
There are many families in homes that they … (3 comments)
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bank owned: Bank Owned Properties In Kissimmee/St Cloud Florida - 08/23/09 04:20 PM
Bank Owned Properties continue to be the push in Kissimmee/St Cloud, or Osceola County Florida. Bank Owned Properties are what we specialize in at Resident Team Realty LLC. For a complete list of Bank Owned homes, just email us and we will get your search started.
There are currently 242 Bank Owned Properties active on the market today. To view these properties, just click on the link below.
Below, you will find a link to the MLS listing of the property that you were interested in. If we can be of more service please contact us!
Email us at: … (0 comments)
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bank owned: THE RESIDENT CHEF'S ORLANDO, FLORIDA BANK OWNED PROPERTIES - 06/19/09 12:26 AM
Mark Horan
"The Resident Chef"
Broker
Resident Team Realty, LLC
Email: ResidentTeamRealty@yahoo.com
Website: www.ResidentTeam.com
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bank owned: THE RESIDENT CHEF'S KISSIMMEE, FLORIDA FORECLOSURE PROPERTIES - 05/19/09 12:26 AM
Mark Horan
Broker/AssociateKeller Williams RealtyPhone: 407-301-0312Email: markhoran@NUMBER1EXPERT.com Website: www.ResidentTeam.com
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