David's Orlando Real Estate Blog
Orlando real estate blog with all the latest information about Orlando real estate.
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2008
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The Orlando Sentinel and the Orlando Business Journal both reported MetroStudy results today for the first quarter of 2008. The total inventory of new homes from start to finished inventory went down by 1,100 compared to the fourth quarter of 2007. That should put the number around 7,600. A total...
04/30/2008
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"In Depth: America's Worst-Selling Housing Markets"http://www.forbes.com/2008/03/31/homes-risky-property-forbeslife-cx_mw_0331realestate_slide_2.html?partner=playlist&thisSpeed=20000Click on the link for the slide show of the markets Forbes calls the worst selling housing markets. If you ask me, ...
04/27/2008
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Wow, April new contracts are already around 1,600 with a week to go. Total contracts are closing in on 3,000, and closed sales are on track to beat March's numbers too. I cannot wait to see the final numbers this month. The only thing that I see down right now is the median price which is hoverin...
04/25/2008
I am right in the boat with all my sellers. For tax purposes, it is in my interest to sell my former home this year. I currently have it on the market for sale, and you can check it out at www.3573GatlinPlace.info. I am offering to pay up to $10,000 in buyers costs, and have the home priced at $3...
04/24/2008
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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 cont...
04/23/2008
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I just received the annual report of Orlando/Orange County Convention & Vistors Bureau, Inc. (CVB), and I have to say their projections for this year look good. Let me start by saying that 2005 was just an off the charts kind of year for us here in a lot of ways. Job growth was at a pace double t...
04/22/2008
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Pending contracts are continuing to climb and are approaching 2,900 total contracts as of this morning. New contracts this month are nearly 1,350 which looks good for another improvement in that number over last month. There are just over 600 closed sales so far this month, with a median sales pr...
04/22/2008
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Another in a long list of knee jerk reactions by lenders is in the news today. Countrywide is freezing 121,000 credit lines regardless of payment history. This is being done in response to regions where there are declining values. While they probably have the contractual right to do this, I don't...
04/17/2008
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If you have not noticed by now, let me clue you in on something about me. I love numbers! I remember my dad saying figures lie and liars figure, but numbers and statistics can really give us insight into what is going on in our market places. I have always been big on tracking the inventory, and ...
04/15/2008
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The official March numbers are finally out. Sales were 1,080 up from February's 951 but still off March of 2007's 1,779. The median price is down from last year as well $220,000 compared to $240,000. Inventory was down from February by 512 homes. These are pretty much the same as my numbers, alth...
04/14/2008
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David Welch
Real Estate Optimist - #OrlandoRealEstate
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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.