We just received our numbers today for the Month of April and I am happy to report I think we have found a turn in the market. This doesnt mean prices are going to go up, but it's the start of a the road to recovery.

 

                   Inventory      New Listings    New Constracts    Sales closed    Days on Market

April 2007         24,435         5,832                 2,346               1,530                 97

April 2008         25,436         4,526                 2,012               1,147                 121

March 2008       25,472         4,398                  1,679               1,120                 128

 

Maybe it's just me but this seems positive for Orlandos Real Estate Market

So ask yourself why havent you purchased a home yet? When the streets run red with blood, buy buy buy! So if you are looking to work with a professional that understands your needs as a first time home buyer contact me today. If you visit my first time home buyers site you can contact me via instant message if Im online.

For information on buying or selling in Central Florida, Orange County and Seminole County, new construction or Relocation services contact your Lake Mary Real Estate Agent Heather Joubran @ 407-810-6304 or hjoubran@remax.net Seminole County consists of Lake Mary, Sanford, Heathrow, Longwood, Altamonte springs, Winter Springs, Oviedo. Orange County consists of Orlando, Downtown Orlando, Baldwin Park, Windermere, Apopka, Winter Park, Maitland, Disney, UCF, East Orlando, Lake Nona. I can help you with all your housing needs from Luxury Homes to First Time Home Buyers.

"Always work with a Realtor when selling a home. Would you hire a Realtor who has never sold a house before, knows nothing
about real estate law, contract negotiation, or sales?  Of course not – but that describes you. Don’t hire yourself – hire a real estate sales professional."
~ Ric Edelman

Heather Joubran

RE/MAX Central Realty

www.HeatherTheRealtor.com

(407) 810-6304

Specializing in First Time Home Buyers, Bank Owned Real Estate & Foreclosure Properties

Servicing: Lake Mary, Longwood, Winter Springs, Sanford, Altamonte Springs, Oviedo

Orlando, Downtown Orlando, Thornton Park, College Park, Winter Park, Maitland, Windermere, UCF, Lake Nona, Baldwin Park, Apopka, Ocoee & Winter Garden

 

 
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Post is included in group: Orlando Homes For Sale in Central Florida Real Estate
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5 Comments on It's finally happen Orlando's market is turning

MAY
12
2008
254,695 Points 1 Featured Post Outside Blog

I am definitely of the opinion that the Orlando market bottomed out around November-December last year. We have a long road to recovery, but things aren't getting any worse (at least from what I can see).

10:22am • #1
4 Featured Posts

Hi Heather,

Thank You for your informative post!

It's always nice when the pendelum starts swinging  back up!

10:25am • #2
MAY
13
2008
389,376 Points 28 Featured Posts Localism Sponsor Outside Blog

Inventory is down and closed sales are up. That's a great sign! We have the same thing happening in Sacramento right now.

elizabeth weintraub sacramento real estate agent

2:01pm • #3
MAY
16
2008
222,621 Points 1 Featured Post Outside Blog

We've also seen a turn these past few days - more showings and offers coming in!

Great Blog post & News for your market area Heather!

Sincerely,

Grace

2:03pm • #4
MAY
17
2008
116,423 Points Outside Blog

This is very promising news. Let's hope it keeps getting better and better. Thanks for sharing.

8:04am • #5

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Heather the Realtor - Orlando, Lake Mary First Time Home Buyers, Bank Owned Homes

Lake Mary, FL

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RE/MAX Central Realty

Address: 605 Crescent Executive Court Suite 332, Lake Mary, FL, 32746

Office Phone: (407) 810-6304

Cell Phone: (407) 810-6304

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Heather Joubran's blog is for those looking to gather information on Central Florida's Real Estate Market including areas such as Orlando, Lake Mary, Baldwin Park, Lake Nona, Longwood, Seminole County, Winderemere, Winter Park, Thornton Park & College Park.
In her blogs you will find information on how the current and local market is for all types of buyers and sellers from first time home buyers to the luxury real estate market, where to find the next deal in new construction and bank owned properties (REO) or how to get your home sold quickly. Better yet check out her website www.HeatherTheRealtor.com.
Here you can also find her video blog showing her recent appearances on HGTV's House Hunters and other great real estate videos, plus information on local communities and areas.


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