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.



Another month has flown by, and sales continue to impress here in Orlando. So far 1,627 closed sales have been posted in the MLS with a median price of $130,000. That marks five months in a row with the median price hovering around $130,000. It is a little lower than July, but I am not concerned ...
Our inventory of homes available for sale is down around 16,700 from 24,834 a year ago. That means there are roughly a third fewer homes on the market. A year ago that inventory represented at 19.4 month supply of homes, today's inventory accounts for about an 8 month supply. That is almost a 59%...
I wanted to share three experiences with REO's that I have had recently. First let me say that the number of REO's available for sale in Orlando is less than half what it was back in January. They come on the market every day, but they are selling as quickly, more so, than they are being listed. ...
The quote I found on Yahoo Financial news from the Fed Chairman was "the prospects for a return to growth in the near term appear good." That is all it took for the stock market and oil prices to shoot up. What does this mean for the real estate market? Here is my take on the Chairman's comment, ...
I have mentioned in my blog several times over the last few months that things will probably slow down a bit in August and September. We don't have the bad weather in the winter like so many places up north, so we don't really have a selling "season". Things do pick up a bit each year around Apri...
I am writing this to anyone who will listen at "the Bank". Currently there are 10,192 distressed properties listed by Orlando area real estate agents that are not REO properties. In other words these are short sales. I did not comb through all of these listings nor did I conduct any sophisticated...
I read about two sentences of an article yesterday and stopped. I cannot remember where I read it, or who the author was. He lost all credibility with me when he said nobody is investing in real estate these days. Maybe I stumbled across an old article, or it was an article about some other speci...
With the heat index, we had several days in July that felt like it was more than 100 degrees. That was about as hot as our real estate market here in Orlando. For the second month in a row, we closed more than 2,100 sales with 2,141. That is about a 45% increase over July 2008. Even more impressi...
Do you remember Underdog? Underdog's girlfriend was Sweet Polly Purebred, but that actually has nothing to do with this post. I am actually writing about polybutylene plumbing. While this is not nearly as interesting as Underdog's secret super energy pill, it can definitely make a real estate tra...
If you don't usually read my blog, you may be wondering why I am writing about the first day (ever) of the UCF College of Medicine. First, I am a UCF alumnus and extremely proud of my hometown university. I have to say that President John Hitt is a fantastic example of a leader with a vision putt...

David Welch

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