David's Orlando Real Estate Blog

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Real Estate Agent - Remax 200 Realty - BK645994
Orlando real estate blog with all the latest information about Orlando real estate. David Welch has the #1 ranked Orlando real estate blog by Google and Yahoo.



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 at 212,500 compared with 211,000. I c...
Check back at www.RealEstateOptimist.com later today to check out my new listing in Winter Park. This is a deal you are not going to want to miss if you are in the market for a condo. The last sale in this complex was about a year ago, and closed for $195,000. This one is going on the market for ...
With just a couple of days left to close out May, there are 882 closed sales with a median sales price of $210,310. The number of pending sales has cracked the 3,400 mark, and new contracts written this month stand at 1,737 which is slightly ahead of April's pace. Properties categorized in some s...
I have been hearing a lot of speculation on this particular question. Everyone has an opinion, and the facts underlying those opinions vary by location. First, national statistics may or may not reflect you local economy. Even state statistics may not have much bearing on your local situation. My...
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...
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 owned you home for...
I have a Point 2 NLS website, and one of the places that my listings are syndicated through NLS is Facebook. I figured as long as I have a Facebook page, I should use it. Last week I had my first (hopefully of many) Facebook showings. I have had internet leads before, in fact about 50% of my busi...
Here are some early numbers for May. Inventory of homes available remains fairly stable but down a little to 26,960. Pending Sales continue to climb and sit at 3,319 as of today. New contracts this month is ahead of new contracts for the same period last month. They stand at 1, 247 compared to 1,...
That is not the headline in the Orlando Sentinel today. They took a more negative approach to basically good news for the Orlando area. Their headline reads "Weak economy continues to affect Orlando area unemployment rate". While the unemployment rate in Orlando is about 1% higher than it was las...
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 ...

David Welch

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