Orlando Real Estate

October 16th, 2014 4:49 PM

There are 13,009 homes for sale listed by Orlando Realtors® and 7,337 homes listed as contract pending. Of the homes still available for sale, 2,350 are foreclosures and 1,064 are short sales. Of the homes with contracts pending, 1,802 are foreclosures and 2,470 are short sales.

Way too early Orlando real estate sales statistics for October: 1,127 closed sales with a median sales price of $157,000. Sales continue to be strong, but inventory is continuing to rise. The number of active listings has nearly doubled in the last 18 months.

David Welch Real Estate Optimist, Orlando Real Estate


Posted by David W. Welch on October 16th, 2014 4:49 PMPost a Comment (0)

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October 10th, 2014 10:00 AM

There are 12,822 homes for sale listed by Orlando Realtors® and 7,286 homes listed as contract pending. Of the homes still available for sale, 2,368 are foreclosures and 1,050 are short sales. Of the homes with contracts pending, 1,747 are foreclosures and 2,498 are short sales.

Way too early Orlando real estate sales statistics for October: 579 closed sales with a median sales price of $157,000. Inventory rising, and the fall month over month drop in sales price. Prices still up compared to a year ago at $150,000.

David Welch Real Estate Optimist, Orlando Real Estate


Posted by David W. Welch on October 10th, 2014 10:00 AMPost a Comment (0)

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Listings Photo
$474,900.00
1751 Blue Ridge Rd

Winter Park, FL 32789



Beds: 4 Rooms: 0
Full Baths: 3 Sq. Ft.: 3113
Garage: 0 Built: 0
 

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

Posted by David W. Welch on October 9th, 2014 10:46 AMPost a Comment (0)

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October 6th, 2014 1:22 PM
So inventory is up from August, but the steady climb seems to be taking a breather. Currently, there are 12,551 home listed as active by Orlando Realtors®. Of the homes listed active, 2,253 or 18.0% are REO, 1,058 or 8.4% are short sales and 9,239 or 73.6% are equity sales. Pending sales have been steadily declining as we continue to work through the backlog of short sales. There are 7,113 homes listed in a contract pending status. Of the homes with contracts on them, 1,586 or 22.3% are REO, 2,485 or 34.9% are short sales and 3,041 or 42.8% are equity sales.

Sales continue at summers hot pace with 2,966 closed sales in September with a median sales price holding steady at $165,000. Of the closed sales, 818 or 27.6% were REO with a median price of $101,900; 221 or 7.5% were short sales with a median price of $136,000 and 1,927 or 65.0% were equity sales with a median price of $190,900. Cash sales remain strong with 1,290 or 43.5% all cash sales with a median price of $105,500; 1,676 financed sales or 56.5% had a median sales price of $195,000. Hopefully, inventory will start to recede as new listings slow and sales continue at a strong pace. Prices have been very stable after two years of double digit increases.

Posted by David W. Welch on October 6th, 2014 1:22 PMPost a Comment (0)

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October 3rd, 2014 8:48 AM
Whether you are thinking of selling or buying a home, there are more websites than you can shake a stick at with information to help you with your purchase or sale. There is Realtor.com, a myriad of third party real estate sites, broker sites like Remax.com and of course all the agent websites. Each has information and advice on how to best get from point A to point B in your real estate journey. There are some folks who may even question why they need an agent with so many resources now available online. Some people see the agent as nothing more than someone with a lockbox key.

An experienced agent, however, can make all the difference in the world. Much of what is available in the websites you may visit is nothing more than a mash-up of available public records, MLS data and GPS. I don't even know that you can truly call it information. It is really just a bunch of data that has been run through different algorithms to come up with an average. That average may not be very applicable in your local market. A river may average three feet deep, but cross at the wrong place and you could be in over your head. Many individual agent websites have more insight into what is actually happening in their local market, especially if they offer market information and advice in their blog.

Even with that local information the local real estate landscape can be challenging to maneuver on your own. An experienced agent can be a valuable guide and help you avoid likely pitfalls or dead ends. They can help you make sense of the all the internet noise, and keep you on the best path to get to your point B. Buying or selling, I always recommend speaking with two or three agents to find the one you feel best about working with.

by
David Welch

Posted by David W. Welch on October 3rd, 2014 8:48 AMPost a Comment (0)

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October 2nd, 2014 8:27 AM

There are 12,501 homes for sale listed by Orlando Realtors® and 7,201 homes listed as contract pending. Of the homes still available for sale, 2,242 are foreclosures and 1,053 are short sales. Of the homes with contracts pending, 1,571 are foreclosures and 2,514 are short sales.

Early Orlando real estate sales statistics for September: 2,778 closed sales with a median sales price of $165,000. Sales continue at a fairly strong pace, and the inventory seems to have stabilized.

David Welch Real Estate Optimist, Orlando Real Estate


Posted by David W. Welch on October 2nd, 2014 8:27 AMPost a Comment (0)

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October 1st, 2014 2:10 PM
Do you know what this is?


  Instagram

It may be one of the most powerful social media outlets.
It is only mobile.
It creates more buzz than any other social media that I have found.
If you have a business get to know the power of Instagram.

Follow me @RealtyOptimist

Posted by David W. Welch on October 1st, 2014 2:10 PMPost a Comment (0)

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September 25th, 2014 11:14 AM

There are 12,567 homes for sale listed by Orlando Realtors® and 7,458 homes listed as contract pending. Of the homes still available for sale, 2,246 are foreclosures and 1,057 are short sales. Of the homes with contracts pending, 1,674 are foreclosures and 2,542 are short sales.

Too early Orlando real estate sales statistics for September: 1,926 closed sales with a median sales price of $165,500. Inventory is actually down from last week. Let's see if this becomes a trend.

David Welch Real Estate Optimist, Orlando Real Estate


Posted by David W. Welch on September 25th, 2014 11:14 AMPost a Comment (0)

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September 18th, 2014 8:45 AM

There are 12,650 homes for sale listed by Orlando Realtors® and 7,428 homes listed as contract pending. Of the homes still available for sale, 2,257 are foreclosures and 1,068 are short sales. Of the homes with contracts pending, 1,657 are foreclosures and 2,584 are short sales.

Way too early Orlando real estate sales statistics for September: 1,234 closed sales with a median sales price of $166,000. Inventory keeps climbing. There are a lot of interest only ARMS that are starting to reach their reset point. Is that what we are already seeing with all the new listings?

David Welch Real Estate Optimist, Orlando Real Estate


Posted by David W. Welch on September 18th, 2014 8:45 AMPost a Comment (0)

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September 11th, 2014 2:01 PM

There are 12,508 homes for sale listed by Orlando Realtors® and 7,409 homes listed as contract pending. Of the homes still available for sale, 2,175 are foreclosures and 1,074 are short sales. Of the homes with contracts pending, 1,624 are foreclosures and 2,584 are short sales.

Way too early Orlando real estate sales statistics for September: 633 closed sales with a median sales price of $175,000. I think sales may still be pretty strong this month.

David Welch Real Estate Optimist, Orlando Real Estate


Posted by David W. Welch on September 11th, 2014 2:01 PMPost a Comment (0)

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