The Resident Chef's Blog

Real Estate Broker/Owner - Resident Team Realty, LLC & Toni's Property Management LLC - BK3055881
Real Estate Market conditions, Facts, Tips, Foreclosures, Short Sales, Bank Owned Properties, and current News.



Short Sales are Starting to get Accepted At a Greater Rate here in Kissimmee and Saint Cloud, Florida. The past two years, the success rate was about 20%. Banks are now understanding that if they have a contract with an interested buyer, they need to give these contracts consideration. Bank Owned...
Well, you all know I have been harping about inventory levels increasing and values inevitably decreasing. If you have been paying attention to the Real Estate market in Kissimmee and Saint Cloud, Florida, why are inventory levels decreasing? The reason, Banks are not releasing the Bank Owned inv...
With Home Ownership at a 10 Year low, more people are renting. It is only logical, with the country having a record year of foreclosures for the third yearin a row. Where do these families go? They have to rent since trying to buy a home with a foreclosure on your credit score will limit most to ...
Although Bank Owned Properties in Kissimmee, Florida are not dominating the number of listings on the market today, (Short sales are), they are still driving prices lower. The average value of sold homes has been eroding in the past 36 months to below $110,000. This erosion will continue this yea...
Analyzing the numbers in Osceola County Florida: Single Family Home Active listings: Bank Owned 253  Short Sales  877  Traditional 868                        Total  1998 Single Family Home Pending, or Under Contract: Bank Owned  416  Short Sales  800  Traditional 225                      Total   ...
Today I had a listing appointment with a seller that has his house for sale "By Owner". We talked for a while about where the values have gone in the past two years. The median value for homes sold in the zip code went from $153,000 to $110,000. That's a decrease of 28% in two years! I explained ...

Mark Horan

"The Resident Chef" - Resident Team Realty LLC &
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