Orlando Real Estate

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Yes 88% of my business was influenced by social media last year, and my blog has put a lot of extra income in my pocket. That is not what I wanted to cover in this post though. You may have read that many companies are actively using social media especially twitter to monitor and manager customer service type issues. I can tell you that Bank of America is paying attention to this. I have been working a particular short sale since last July, yes 10 months on the same contract.

The negotiator has lead me to believe approval was just around the corner since about February. Then earlier this month he asked me to change the price in the MLS to match the contract sales price. I tried to explain that is against MLS rules, but he said he had to have the contract match the MLS. I made the change and sent a copy of the listing. A few days later he asked me to change the MLS to the FHA approved price, and I complied again. Then he came back last week and said the MLS price had to match the original listing agreement. That was the last straw for me. I took to the Twitterverse to express my displeasure. Within five minutes someone from @BofA_Help tweeted back. A short time later I was speaking with someone with their Twitter team. By the next day the file had been escalated to a VP who has walked the file through their audit and final review process. Today, one week after tweeting, I have an approval letter.

I have no idea if this is typical, but if you have a difficult short sale what have you got to lose? Best of luck, and be sure to follow me on Twitter @RealtyOptimist

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There are 6,731 homes for sale listed by Orlando Realtors and 9,826 homes listed as contract pending. Of the homes still available for sale, 837 are foreclosures and 893 are short sales. Of the homes with contracts pending, 1,174 are foreclosures and 5,817 are short sales.

Way too early Orlando real estate sales statistics for May: 654 closed sales with a median sales price of $148,944. As prices rise more people are putting their homes on the market.

David Welch Real Estate Optimist, Orlando Real Estate, Search for Homes

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The Orlando real estate statistics for April are a bit mixed this month. The total number of homes listed as active by Orlando Realtors® actually rose for the first time in quite a while. There are 6,663 homes currently available with 826 or 12.4% REO, 881 or 13.2% short sales, and 4,956 or 74.4% equity sales. REO and equity sale listings are up a bit while short sales continue to slide. Pending sales have declined slightly with 9,667 home listed as contract pending. Of those properties 1,119 or 11.6% are REO, 5,830 or 60.3% are short sales and 2,718 or 28.1% are equity sales.

Active listings may have increased and pending sales declined, but that has not slowed down the actual closed sales. April was another super month for closed sales climbing slightly from March's 2,704 to 2,759 with a higher median price of $144,990. That is more than a 4% increase in price. Of the closed sales, 578 or 20.9% were REO with a median sales price of $90,550. There were 593 short sales or 21.5% of the total with a median price of $115,000. The 593 closings represented 10.2% of the total number of pending short sales. There were 1,588 equity sales or 57.6% with a median sales price of $175,000. REO and short sale closings both declined while traditional sales more than made up the difference. Cash sales continue to outpace financed sales. There were 1,529 cash sales making up 55.4% of all sales with a median price of $101,000. The remaining 1,230 financed sales accounted for the other 44.6% of sales with a median price of $185,000.

David Welch Real Estate Optimist, Orlando Real Estate, Search for Homes

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$399,900.00 1492 Berkshire Ave Winter Park, FL 32789 Beds: 4 Rooms: 0 Full Baths: 2 Sq. Ft.: 2025 Garage: 1 Built: 1955   This is a new listing that I thought you might be interested in. Visit this listing online to see more photos of the property, Google? Earth satellite images, and much more.   If you have any questions about this property or require more information, please feel free to call. David W. Welch RE/MAX 200 Realty 4076296330 www.davidwelch.com     Visit this listing here

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There are 6,553 homes for sale listed by Orlando Realtors and 9,689 homes listed as contract pending. Of the homes still available for sale, 799 are foreclosures and 901 are short sales. Of the homes with contracts pending, 1,112 are foreclosures and 5,852 are short sales.

Too early Orlando real estate sales statistics for April: 2,639 closed sales with a median sales price of $142,000. I predicted another 2,600+ sales month, and strong prices. The inventory may have edged up a bit, but demand is really strong for homes in the Orlando metro.

David Welch Real Estate Optimist, Orlando Real Estate, Search for Homes

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There are 6,520 homes for sale listed by Orlando Realtors and 9,918 homes listed as contract pending. Of the homes still available for sale, 811 are foreclosures and 890 are short sales. Of the homes with contracts pending, 1,143 are foreclosures and 5,946 are short sales.

Way too early Orlando real estate sales statistics for April: 2,262 closed sales with a median sales price of $141,000. Everything is looking up this month.

David Welch Real Estate Optimist, Orlando Real Estate, Search for Homes

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There are 6,502 homes for sale listed by Orlando Realtors and 9,971 homes listed as contract pending. Of the homes still available for sale, 793 are foreclosures and 895 are short sales. Of the homes with contracts pending, 1,171 are foreclosures and 6,006 are short sales.

Way too early Orlando real estate sales statistics for April: 1,906 closed sales with a median sales price of $142,000. Inventory has had a steady tick up this month. Sales are really strong, and prices are still moving up it appears.

David Welch Real Estate Optimist, Orlando Real Estate, Search for Homes

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There are 6,475 homes for sale listed by Orlando Realtors and 9,989 homes listed as contract pending. Of the homes still available for sale, 789 are foreclosures and 865 are short sales. Of the homes with contracts pending, 1,182 are foreclosures and 6,052 are short sales.

Way too early Orlando real estate sales statistics for April: 1,472 closed sales with a median sales price of $140,000. It appears as if April is going to be another 2,600 sale month.

David Welch Real Estate Optimist, Orlando Real Estate, Search for Homes

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There are 6,425 homes for sale listed by Orlando Realtors and 9,911 homes listed as contract pending. Of the homes still available for sale, 763 are foreclosures and 900 are short sales. Of the homes with contracts pending, 1,142 are foreclosures and 6,038 are short sales.

Way too early Orlando real estate sales statistics for April: 899 closed sales with a median sales price of $135,500. We should see another 2,600+ closed sales this month.

David Welch Real Estate Optimist, Orlando Real Estate, Search for Homes