David's Orlando Real Estate Blog
Orlando real estate blog with all the latest information about Orlando real estate.
ARCHIVED BLOG POSTS
2009
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I know that you may find it hard to believe, but there have been acts of fraud in real estate transactions. Specifically, there have been acts of loan fraud where values of homes have been falsely inflated. I have no idea what percentage of transactions have closed over the years that fall into t...
05/29/2009
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Talk.Realtor.com is the official blogsite for www.Realtor.com, the number one real estate website in the world. For the seventh time now, not that I am counting, one of my blog posts has been featured on this site. You can read what I had to say about home affordability and first time home buyers...
05/28/2009
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This appears to be a potpourri of topics, but inevitably these three topics come together quite often. The median price here in Orlando is roughly half of the peak. Actually, it is a little less than half of the $264,400 in July of 2007. I think that price was just an anomaly, since prices were b...
05/27/2009
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Here are a few stats about our May sales so far. Also, there are still some issues with the banks and the Feds that I think could help move things along faster, if they would just listen to me. Sales keep chugging along here in Orlando. We just crossed over the 1,000 mark again this month. Right ...
05/23/2009
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I was just asked by one of my buyer customers how long she and her husband could expect to wait if they decide to purchase a home in a short sale situation. This comes up quite a lot here in Orlando, because there are quite a lot of short sales available for sale and under contract, but not so ma...
05/20/2009
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The number of homes for sale in Orlando continues to slide with over 400 fewer properties available compared to the end of April. Currently, there are 19,761 homes available for sale in the area which is down from 20,194. The percentage of distressed properties among the active inventory looks li...
05/18/2009
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I cannot speak for other markets, but here in Orlando our market place is being driven by investors and first time home buyers. Some investors are seasoned professionals, and others went to some seminar or bought the cd/dvd on how to make a bunch of money in real estate. Others are just looking a...
05/15/2009
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Here they are, the official Orlando real estate numbers for April 2009 as prepared by the Orlando Regional Realtor Association. There were 1,741 closed sales posted by the end of last month (look for that to be revised up over 1,800 for late filings) with a median sales price of $132,900 (expect ...
05/13/2009
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This is an example of how an investment in a condo in Orlando could perform. The first thing you should know is that there is no condo financing for investors. I don't care what your brother-in-law said or anyone else for that matter. If you are purchasing a condo for investment in Orlando financ...
05/11/2009
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There were 117 sales recorded in Baldwin Park in the MLS in 2008 with a median sales price of $395,000. So far in 2009 there have been 48 closed sales with a median price of $354,950. There are 60 contracts pending, and we just dropped below 100 active listings with 99 homes for sale in the neigh...
05/08/2009
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David Welch
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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.