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I just had a very interesting time at an apartment complex today in sunny central Florida. These are NICE apartments! A one bedroom, one bathroom with a den included has 1000 square feet and rents for $900 per month, including cable TV with HBO; NOT including ...[Read More]
Here is the Lake Nona Market Report for 9/3/2008!! There are 101 homes and estates for sale in Lake Nona. The LOW price for these homes is $187,600, which is DOWN about $5,000 from $192,700. The HIGH asking price in Lake Nona is $7,695,900 which unbelievably ...[Read More]
Here is the Hunters Creek Market report as of 8/29/2008. A WHOLE LOT of activity has been happening in the month since I last reported! There are only 168 homes for sale , DOWN thirteen homes from 181 properties on the market last month; HOMES ARE SELLING ...[Read More]
Well, things keep getting better and better in central Florida! The median home asking price has declined to $207,500 from last months $216,000. (It is 17% lower than last year at this time.) The affordability index rose to 103.8% which means the median ...[Read More]
I am contacted on a daily basis by clients looking to purchase Orlando real estate with less than stellar credit. It's my personal belief that everyone can benefit from understanding how the credit reporting agencies rank you on your credit and what ...[Read More]
A central Florida developer is out on bond because the FDLE says his company defrauded investors and would be home owners of over $24 million dollars in deposits. David N. Weiker said that many things contributed to his companies bankruptcy. (I would LOVE ...[Read More]
Here are some statistics to back up what I have been saying all along: The central Florida real estate market is going to come down gently and the bounce right back. February, March and April 2008 Single Family Active Listings totals: 19,531 (Feb 2008) ...[Read More]
Hey there!! Have you ever heard of the 80/20 Rule? Here is a post from Elizabeth Nieves about it . In theory, the rule says that "80 percent of a given group of people will do 20 percent of the work given to it...and 20% of the group will do 80% of ...[Read More]
Just as I have stated in past posts, in defiance of what the media is pushing on the unsuspecting populace: The central Florida real estate market is going to come down gently and the bounce right back . The three County central Florida statistics for ...[Read More]
Did you know that the average American family spends over $1,600 a year on their electricity bill? Unfortunately, the majority of the energy consumed is wasted. Not only is that energy wasted the electricity that we generate by fossil fuels for the average ...[Read More]
I'm often amazed at how many people visit Florida and have never heard about the opportunities of renting a vacation home. If you've ever driven through the southern part of Orlando in areas such as Kissimmee or Davenport (just south of the theme ...[Read More]
In a recent article released by time magazine, Chief economist Jim Svinth (Lending Tree) was quoted as saying: "The thing that will make home prices stop falling is the very same thing that will push mortgage rates higher." This statement makes ...[Read More]
A new feature with Google map search technology has been added to my website for those looking for Winter Garden Real Estate . Winter Garden is an up and coming area. With its close proximity to Windermere (an exclusive part of Orlando), new schools, shopping ...[Read More]
I get asked all the time, "What is the difference between a short sale and a bank foreclosure property?" Both terms are used rather loosely these days and are becoming a very common part of our daily speech in the real estate business. Basically, ...[Read More]
I have one word for the future of real estate, and that word is "Technology." Believe it or not, real estate agents and brokers are on the cutting edge of todays internet technology. Okay, so let me re-phrase that, the good real estate agents ...[Read More]
Luxury home foreclosures Many people are unaware that luxury homes are also subject to foreclosures in Orlando. In fact, today I can across a 4,000 plus square foot home in the downtown area for just over 800k. This home is a lakefront home on a ski lake ...[Read More]
Orlando Florida MLS A new feature has been added to my site that allows you to search the Orlando MLS for free. MLS stands for Multiple Listing Service which is basically a massive database that allows other Orlando real estate agents to share information ...[Read More]
Orlando Real Estate Home Prices A new report was released today by the Orlando Regional Realtor Association. The report showed some great news for home prices in Orlando, showing that home prices in Orlando have now reached an affordable level for the ...[Read More]
How to pick the right agent to market your home? The real estate market is changing on a daily basis. Not only with the economy but more so with new technology entering the marketplace. In today's real estate market, you may just want to consider choosing ...[Read More]
Dr. Phillips FL Real Estate A new feature has been added to our website which allows you to search Doctor Phillips FL real estate by using google maps. For local residents that know the area well, the maps will serve as an easy reference guide to sort ...[Read More]
When will the Orlando real estate market hit its lowest price? I find it so interesting how everyone has an opinion regarding Orlando Real Estate and when the market is going to hit the bottom. It appears the media is evenly divided between the doomers ...[Read More]
Getting a divorce is never easy and means making a lot of difficult decisions. One of the most important decisions is what to do with the home you jointly own. In the midst of the heavy emotional turmoil, what you need most is some non-emotional, specific ...[Read More]
It's no secret that right now is a great time to buy. It's becoming even more evident to me by the amount of investors and would be investors that are contacting me on a daily basis. In fact, in the last two days I've had 21 investors call ...[Read More]
My advice: If you don't have to sell - don't! The market is going to take a little more time before it starts to turn around. According to an article published yesterday in the USA Today, "More than 1 million homeowners nationwide are expected ...[Read More]
Brief Glossary of Commonly Used Foreclosure Terms Absolute Auction - An auction with no minimum bid amount. The highest bidder gets the property no matter how low the bid. Abstract of Title - A summary of the conveyances and other facts relied on as evidence ...[Read More]
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