David's Orlando Real Estate Blog
Orlando real estate blog with all the latest information about Orlando real estate.
ARCHIVED BLOG POSTS
2010
5
Comments
What does it take to have success in a short sale? The lawyers advertising on television would tell you that you need a lawyer. Frankly, I recommend the counsel of an attorney to every short seller. Having a lawyer does not insure success. There are many agents in our market who specialize in sho...
08/31/2010
0
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Believe it or not home prices in Orlando have actually been pretty stable over the last six months, although the median price declined last month and will take another drop this month. How can I say that prices are stable when the median price appears to be dropping? It is not the prices that ar...
08/24/2010
2
Comments
Today is the first day of the school year here in Orange County, and that means early hectic mornings followed by almost complete silence. Hopefully, that will translate into more coherent blog posts. There is always something exciting about the first day of school, even when you are not the one...
08/23/2010
0
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There was an article on Yahoo today declaring the McMansion dead. I don't think I would quite agree that the large home is completely dead based upon the real estate sales data I found here in Orlando. There is definitely a strong preference for smaller homes with nearly 60% of the sales in the ...
08/20/2010
2
Comments
It should be obvious, but I find that sometimes the obvious is not. You can forget about reading about the real estate market until jobs begin to return. At its core it is really quite simple; you need a job to afford to buy a home. Where it gets more confusing is when you consider that you need ...
08/19/2010
0
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I have posted in my blog several times about the number of cash sales closing here in the Orlando real estate market. So far this month, cash deals are pushing ahead with over 56% of all the closings recorded as all cash transactions. August and September, traditionally are slower months as the s...
08/18/2010
2
Comments
I write a lot about what is going on in the marketplace overall here in Orlando and about specific transactions I am working on, but I don't always share what my business looks like overall. That is probably because it does not look a whole lot different from the rest of the market. My average s...
08/14/2010
1
Comments
I am working with a few investors that are actually finding it more difficult to find properties in the areas where they have been buying. Despite what you read or may believe about the real estate market here in Orlando, it is not a bottomless well of foreclosures and short sales. There are a l...
08/11/2010
0
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The Orlando Sentinel article about July's sales statistics of course had to mention the dreaded double dip. I have to disagree with the conclusion that the drop in prices from June to July portends the dip that some economists have been predicting. What we actually saw earlier in the year were fa...
08/10/2010
0
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There are 16,597 active listings on the market in Orlando with 2,317 bank owned and 5,975 short sales accounting for half of all the homes for sale. Homes with contracts pending continue to be dominated by distressed properties with 2,103 REO and 5,796 short sales making up a whopping 86% of all...
08/05/2010
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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.