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.

ARCHIVED BLOG POSTS

2011 

Check out this website put together by the National Association of Home Builders. http://savemymid.info/ Let me say that while the tax benefits of the mortgage interest deduction are important, that should not be the sole reason you should buy a home. First, you buy a home to have a place to cal...
02/22/2011
The number of homes on the market for sale continues to decline with only 13,953 active on the market when I checked this morning. Of those 1,968 or 14.1% are REO, 5,202 or 37.3% are short sales leaving 6,783 or 48.6% as equity sales. I still have people asking what an equity sale is so here goe...
02/18/2011
Mary Shanklin spoke with me for a piece she wrote about the foreclosures in Orlando. Here is a link to her article http://articles.orlandosentinel.com/2011-02-12/business/os-foreclosure-bulge-20110211_1_bank-owned-houses-bank-owned-properties-resale-market. Although there are more than 13,000 pro...
02/14/2011
I have said many times that there is no national real estate market - especially when the pundits come out with their negative predictions. I am the Real Estate Optimist afterall. The "national" market is really just a sum of all the local markets, and they do affect each other. I had a few minut...
02/09/2011
2011 started off with a bang and a whimper. Sales for the first month of the new year were brisk with 2,060 closing reported last month - that is the bang. The median sales price was a pawltry $90,055 - that is the whimper. There were a couple of reasons for this drop in price from December's $10...
02/07/2011
There are aspects to real estate that are purely about the numbers. You read the statistics on my blog every month. What is the number of homes active on the market, and the months of supply that represents? How many sales were there last month, and what is the median sales price? Buyers look at...
02/02/2011
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David Welch

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