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Judy Chapman, REALTOR® ~ Short Sales / Luxury & Lake Properties (Coldwell Banker Residential Real Estate): Real Estate Agent in Winter Park, FL Featured Real Estate Agent:
Judy Chapman, REALTOR® ~ Short Sales / Luxury & Lake Properties (Coldwell Banker Residential Real Estate)
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Winter Park FL Real Estate - Selling a Luxury Home Can Take a Long, Long Time By: Judy Chapman, REALTOR® ~ Short Sales / Luxury & Lake Properties (Coldwell Banker Residential Real Estate)
If you own a Winter Park FL luxury home, how fast ... or s-l-o-w ... do you want to sell your house?
Given the current selling rate and the high inventory of luxury properties for sale in Winter Park FL, it could easily take as long as 2 years for
(0 comments)
Winter Park FL Real Estate - Don’t Lose Your Luxury Home to Foreclosure By: Judy Chapman, REALTOR® ~ Short Sales / Luxury & Lake Properties (Coldwell Banker Residential Real Estate)
These smart homeowners didn’t give their bank the chance to foreclose on their house.
Instead, they consulted a knowledgeable real estate agent who knew how to market and sell their house as a Short Sale.
By finding a ready, willing, and able buyer, they were able to curtail foreclosure
(4 comments)
Winter Park FL Real Estate - How Long Do You Want to Wait to Sell Your Luxury Home? By: Judy Chapman, REALTOR® ~ Short Sales / Luxury & Lake Properties (Coldwell Banker Residential Real Estate)
If you want to sell your Winter Park FL Luxury Home, don’t be one of the late bloomers, not if you want to sell your house now!



Properties have been listed and sold by various MLS members. Data drawn from the My Florida Regional Multiple Listing Service. This
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Winter Park FL Real Estate - Luxury House Sales in September 2009 By: Judy Chapman, REALTOR® ~ Short Sales / Luxury & Lake Properties (Coldwell Banker Residential Real Estate)
The house on Temple Dr sold for 40% less than original list price. The reason? This was a teardown, newly constructed just as the market boom was winding down. Bad timing for a time-honored tradition.


Properties have been listed and sold by various MLS members.
Data drawn from the
(0 comments)
Winter Park FL Real Estate - The Odds of Selling Your Luxury House in the Next 6 Months By: Judy Chapman, REALTOR® ~ Short Sales / Luxury & Lake Properties (Coldwell Banker Residential Real Estate)
Pricing your Winter Park FL luxury home — or any home for that matter — isn’t a science. It’s an art.

Except for the pragmatic few, homeowners getting ready to put their house on the market almost always overvalue it. Often this is due to emotional attachment. Sometimes it has
(0 comments)
Winter Park FL Real Estate - Price and Sales Trends By: Judy Chapman, REALTOR® ~ Short Sales / Luxury & Lake Properties (Coldwell Banker Residential Real Estate)
Winter Park FL prices for luxury homes haven’t declined as much as the rest of the Orlando area (refer to blue trend line in the graph below).

Data drawn from the My Florida Regional Multiple Listing Service during a recent 6-month period in 2009.
While prices have fallen less
(2 comments)
Winter Park FL Real Estate - Luxury Homebuyers Drive a Hard Bargain By: Judy Chapman, REALTOR® ~ Short Sales / Luxury & Lake Properties (Coldwell Banker Residential Real Estate)
When homebuyers of luxury properties are serious about purchasing in the exclusive suburb of Winter Park FL, they definitely drive a hard bargain.



Data drawn from the My Florida Regional Multiple Listing Service during a recent 6-month period in 2009.


Modest homes in the Greater
(0 comments)
Winter Park FL Real Estate - How Long It Takes a Luxury Home to Sell By: Judy Chapman, REALTOR® ~ Short Sales / Luxury & Lake Properties (Coldwell Banker Residential Real Estate)
Let’s take a look at how many serious buyers are likely to be in the market for a Winter Park FL Luxury Home right this minute.



Data drawn from the My Florida Regional Multiple Listing Service during a recent 6-month period in 2009.


Since only
(0 comments)
Orlando Real Estate - Luxury Sales Trends By: Judy Chapman, REALTOR® ~ Short Sales / Luxury & Lake Properties (Coldwell Banker Residential Real Estate)
If you’re trying to sell your house in Greater Orlando, Florida (specifically Orange and Seminole Counties) and it’s priced $500,000 and up, you’re probably frustrated with the dearth of showings and the low-ball offers.

The percentage of luxury properties sold versus all sales has crept down down down.
(0 comments)
Winter Park, Seminole and Orange Counties, FL – Market Sales Statistics for September ‘09 By: Marc Grossman, GRI - Greater Orlando Real Estate Broker (Marc It Sold!)

The following are the market sales statistics for Winter Park, Seminole and Orange Counties, Florida for September 2009. Winter Park is made up of the zip codes of 32789 & 32792. For purposes of this analysis we are only splitting the data according to single-family homes vs, condominiums, townhomes and
(0 comments)
Winter Park FL - House Sales in August 2009 By: Judy Chapman, REALTOR® ~ Short Sales / Luxury & Lake Properties (Coldwell Banker Residential Real Estate)
Located just northeast of Orlando, Winter Park is rich in culture, beautiful houses, and a spirit of community. The suburb is filled with parks, a golf course, lakes, trails, brick avenues, tree-canopied streets, and historic architecture.

The Winter Park Chain of Lakes is popular for boating, fishing, and water-skiing.
(2 comments)
Find Out if Your Loan is Owned by Fannie Mae or Freddie Mac By: Judy Chapman, REALTOR® ~ Short Sales / Luxury & Lake Properties (Coldwell Banker Residential Real Estate)
Are you a homeowner who wants to modify your loan or do a short sale?

Fannie Mae and Freddie Mac have online websites that can provide important information regarding your mortgage loan.

Currently organized under the Federal Housing Financing Agency (FHFA), these organizations own or guaranty about half
(2 comments)
Winter Park, Seminole and Orange Counties, FL – Market Sales Statistics for August ‘09 By: Marc Grossman, GRI - Greater Orlando Real Estate Broker (Marc It Sold!)

The following are the market sales statistics for Winter Park, Seminole and Orange Counties, Florida for August 2009. Winter Park is made up of the zip codes of 32789 & 32792. For purposes of this analysis we are only splitting the data according to single-family homes vs, condominiums, townhomes and
(0 comments)
Orlando Real Estate Market - Price per Square Foot Trend - August 2009 By: Judy Chapman, REALTOR® ~ Short Sales / Luxury & Lake Properties (Coldwell Banker Residential Real Estate)
Price per Square Foot for single-family homes in the Orlando area continues to show signs of stabilization. The trend has been ongoing since March, when prices ostensibly bottomed out before demonstrating a miniscule uptick. Since the trend — slight but steady — has been ongoing for the past six months, it
(0 comments)
Luxury House Sales - Winter Park FL - August 2009 By: Judy Chapman, REALTOR® ~ Short Sales / Luxury & Lake Properties (Coldwell Banker Residential Real Estate)
Out of 129 total luxury homes listed in Winter Park, FL, only 6 houses sold while 15 have pending contracts.



Properties have been listed and sold by various MLS members.
Data drawn from the My Florida Regional Multiple Listing Service.

Just like the rest of the
(0 comments)
Luxury Short Sales - Greater Orlando FL - August 2009 By: Judy Chapman, REALTOR® ~ Short Sales / Luxury & Lake Properties (Coldwell Banker Residential Real Estate)
The rich aren’t any different. They get into financial difficulties just like everybody else.
The following successful Luxury Short Sales in Greater Orlando FL occurred during the prior month.
These smart homeowners didn’t give their bank the chance to foreclose on their house. Instead, they consulted with a real
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Just Because It Appears on the Internet Doesn’t Mean It’s Free By: Judy Chapman, REALTOR® ~ Short Sales / Luxury & Lake Properties (Coldwell Banker Residential Real Estate)
Many think feel justified that appropriating any blogpost, newpaper article, photo, or op-ed piece on their own blog or website is not only their prerogative but their right.
After all, it’s the Internet, isn’t it? Everything on the Internet is free, right? Copyright law doesn’t apply to the Internet, does
(70 comments)
Another Short Sale Success in Orlando By: Judy Chapman, REALTOR® ~ Short Sales / Luxury & Lake Properties (Coldwell Banker Residential Real Estate)
When homeowners face difficult financial times, Short Sales are often the best way out.
The story of this house illustrates how homeowners can avoid 1) foreclosure, 2) insurmountable debts, and 3) an uncertain future.

Lender: Wachovia
Initial Purchase Price of Home: Over $450,000
Loan Amount Owed: $375,000
Hardship:
(4 comments)
House Sales - Winter Park, FL - July 2009 By: Judy Chapman, REALTOR® ~ Short Sales / Luxury & Lake Properties (Coldwell Banker Residential Real Estate)
Located just northeast of Orlando, Winter Park is rich in culture, beautiful houses, and a spirit of community. The suburb is filled with parks, a golf course, lakes, trails, brick avenues, tree-canopied streets, and historic architecture.

The Winter Park Chain of Lakes is popular for boating, fishing, and water-skiing.
(0 comments)
How Homeowners Can Get from ‘For Sale’ to ‘Sold’ By: Judy Chapman, REALTOR® ~ Short Sales / Luxury & Lake Properties (Coldwell Banker Residential Real Estate)
Face facts. The consensus is in. The real estate market is the worst it’s been in decades. What’s more, there isn’t going to be a miracle ‘V’ recovery, so say many economists. When the market does recover, house appreciation will be slow and steady. Even then, it’s unlikely the market will
(29 comments)
Winter Park, Seminole and Orange Counties, FL – Market Sales Statistics for July ‘09 By: Marc Grossman, GRI - Greater Orlando Real Estate Broker (Marc It Sold!)

The following are the market sales statistics for Winter Park, Seminole and Orange Counties, Florida for July 2009. Winter Park is made up of the zip codes of 32789 & 32792. For purposes of this analysis we are only splitting the data according to single-family homes vs, condominiums, townhomes and
(0 comments)
Luxury House Sales - Orlando FL - July 2009 By: Judy Chapman, REALTOR® ~ Short Sales / Luxury & Lake Properties (Coldwell Banker Residential Real Estate)
Even though owners of luxury homes have much to offer in terms of quality, location, and amenities, the economy has put a damper on sales. While sales for all homes have skyrocketed since January 2009, sales for luxury homes have shown only a slight improvement.


Why can’t luxury homes
(2 comments)
House Short Sales - Winter Park FL - July 2009 By: Judy Chapman, REALTOR® ~ Short Sales / Luxury & Lake Properties (Coldwell Banker Residential Real Estate)
These smart homeowners didn’t give their bank the chance to foreclose on their house. Instead, they hired a real estate agent to market their houses on the My Florida Regional Multiple Listing Service (MLS).
By finding a ready, willing, and able buyer, they were able to stop foreclosure proceedings in
(0 comments)
Luxury Houses Sold - Winter Park FL - July 2009 By: Judy Chapman, REALTOR® ~ Short Sales / Luxury & Lake Properties (Coldwell Banker Residential Real Estate)
In Winter Park, only 6 luxury homes sold during July 2009 out of 141 houses for sale or with pending contracts.



Properties have been listed and sold by various MLS members. Data drawn from the My Florida Regional Multiple Listing Service. This report is valuable for estimating current
(0 comments)
Selling Luxury Houses in Orlando, FL By: Judy Chapman, REALTOR® ~ Short Sales / Luxury & Lake Properties (Coldwell Banker Residential Real Estate)
Just like the rest of the country, it’s much more difficult to sell a luxury home in the Orlando area than a regular home. The reasons are varied and often misunderstood or passed over as inconsequential.
Question: How long does it take to sell a luxury home in Orlando?
Answer:
(6 comments)

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