Real Estate market in Orlando

By
Real Estate Agent with Z House Realty Group

This is my very first post and very first try at blogging.  I do have to admit that the whole process is a little intimidating.  But here goes..........

 

Let me introduce myself.  I am Charlene Melcher a licensed real estate agent in Orlando, Florida.  I love my job.  Everyone is always asking how I am doing.  I can honestly say that I am doing great.  I work for a company that believes that training is the key to a successful agent.  In the Orlando area the average days on the market has climbed to 123 days and inventory is up as well to 25,984.  But I have definitely seen an increase in activity with buyers at least looking at homes.  With FHA and VA limits increasing.  FHA loan limit for the Orlando area is now $353,000 with 3% down and VA is at an outrageous $700,000 with 0 down, who could go wrong.  It is easy to qualify for these loans and the rates are still between 5.75% and 6.5%.  The lender I work with is able to qualify buyers with credit scores in the low 500's.  I think it is crazy to rent if you can own.  There are a lot of great deals out there.  I encourage you to get out there and start looking for a great house to make a home.  Check out my website to start your search.  www.cflhousesearch.com  The map search feature allows you to search all the available homes listed in the central florida area.  Happy searching!!!

Comments (2)

Keith Elliott Jr
KEIRE Realty Group - Manassas, VA
Principal Broker/Owner

Hello Charlene,

Welcome to Active Rain and congrats on your first post! The opportunities to learn and network are incredible here. Best of luck to ya!

-Keith

Mar 24, 2008 04:21 PM
Dorene Shirley
The Mortgage & Property Connection - Campbell, CA
Silicon Valley Real Estate

charlene - Welcome to the Rain, make sure that you browse the site and become familiar with everything this site has to offer.  The more you browse the more you will learn.  I have found this site to be really helpful to me.  If you have any questions, please don't hesitate to email me, I will do whatever I can to help.

http://www.doreneshirley.com/

 

Mar 24, 2008 11:46 PM