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Oviedo, FL Real Estate News

By Judy Chapman
(Referral Network of Illinois LLC)
Once farmland given over to celery and citrus crops, the city of Oviedo, located northeast of Orlando in Seminole County, is now a thriving bedroom community where residents enjoy a wealth of recreational pastimes including nature walks, bird watching, butterfly spotting, hiking, fishing, biking, airboat rides, and horseback riding.   Rounding out the available activities are an 18-hole golf course, 3 aquatic facilities, an outdoor skate park, and concerts and football games at the nearby UCF Arena. Add one of the best school systems in Central Florida, easy access to 2 international airports, quick drives to the beaches and theme parks, and Oviedo makes for the coolest hot spot to live, work, and play.   Street Date Sold List Price Sale Price Beds Baths Sq Ft Pool OLD KERRY CT 7/13/200...
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By Judy Chapman
(Referral Network of Illinois LLC)
Developed between 1987 and 1997, Twin Rivers — one of Oviedo’s largest subdivisions — contains about 1000 homes located on both sides of Lockwood Road and south of Mitchell Hammock Road. Those homes on the east side of Lockwood are nestled inside the Twin Rivers Golf Club with a few enjoying golf course views.   Residents are the beneficiary of the city of Oviedo’s Riverside Pool, a Junior Olympic pool open during summer months. Take advantage of swimming lessons, polo teams, and other water activities. Oviedo also runs the nearby Rippin’ Riverside Skate Park and Riverside Park. Enjoy skate boarding, racquetball, tennis, picnic shelters, grills, a playground, and other activities. The community is conveniently located right down the road from the University of Central Florida and Semino...
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By Judy Chapman
(Referral Network of Illinois LLC)
Foreclosures don’t have to happen. When homeowners face difficult financial times, Short Sales are often the best way out. As an agent, I routinely check the MLS for expired and withdrawn listings. Often I find houses just like the one below ... houses headed for foreclosure because the homeowner didn’t understand there was a way to avoid the awful consequences. While trying to sell a home as a Short Sale won’t always be successful, the odds are on the side of the homeowners. By finding a ready, willing, and able buyer, they can often stop foreclosure proceedings in their tracks and walk away with a clean ‘financial’ bill of health. In some cases, they might have to sign a promissory note for a percentage of their total obligation. The important thing, in the end, is that they can salva...
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Oviedo is a progressive city on the rise. If you head northeast from Orlando into Seminole County, the City of Oviedo will come into view: a growing city that is modern, young, and vibrant, with some unique historic pockets and in-town neighborhoods.  Oviedo was incorporated in 1925 and since then Oviedo has come a long way from its roots - yet its agricultural past is still evident in some areas. Oviedo residents enjoy a "small town" feeling and an exceptional school system and numerous recreational amenities. Carved out of the hammocks along Lake Jesup, this City of approximately 34,000residents has become a preferred location to raise a family or establish a new business - all within easy access of the amenities offered throughout Central Florida. All of Oviedo's schools, elementary ...
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By Judy Chapman
(Referral Network of Illinois LLC)
2 Important Reasons to Consider a Short Sale Helps to avoid the devastating consequences of foreclosure Allows homeowners to sell house without incurring insurmountable debt. 3 Criteria to Qualify for a Short Sale Homeowners cannot keep up with loan payments due to unemployment, job relocation, divorce, medical expenses, or other hardship circumstance. Homeowners have no choice but to sell their house. Homeowners cannot pay off the mortgage loan and associated closing costs in full given current market conditions. 1 Important Reason Why Short Sales Aren’t Easy Because the payback of the loan will be ‘shorted’ by a significant amount and the lender will have to take a loss, homeowner’s lender must approve the Short Sale contract before the house can be sold. 5 Benefits of a Short Sale Al...
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By Marc Grossman, GRI, Greater Orlando Real Estate Broker
(Marc It Sold!)
The following are the market sales statistics for Oviedo, Seminole County, Florida for July 2009.  Oviedo is made up of the zip codes of 32765 & 32766, which is partly considered Chuluota.  For purposes of this analysis we are only splitting the data according to single-family homes vs, condominiums, townhomes and villas.   A couple of definitions are in order. The median sales price means that 50% of the homes sold for more and 50% of the homes sold for less during a certain period of time - in other words, it's the midpoint of sale prices. So basically what this means, is that the median sales price is showing market activity in that it's specifically indicating which price range is more active.   The average sales price, as opposed to the median sales price, is the total volume of s...
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By Judy Chapman
(Referral Network of Illinois LLC)
A divorced couple where she moved back to her hometown and he must live with his parents until another job comes along. A single woman who lost her job and, after sending out hundreds of letters and resumes, is going back to school to pursue a different career. A married couple who purchased an off-campus townhouse for their college son, only to learn shortly after his graduation that the husband would have to hit the pavement in search of another job and that the townhouse—no longer needed by the son—is a liability.  A growing family where the wife lost her job and the husband was forced to relocate to another state. A couple who split up, each to go their separate ways and rebuild their lives, but not before losing their house. A family with busted dreams in which he was laid off and...
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By Judy Chapman
(Referral Network of Illinois LLC)
These smart homeowners didn’t give their bank the chance to foreclose on their house. Instead, they hired a real estate agent to market their houses on the My Florida Regional Multiple Listing Service (MLS). By finding a ready, willing, and able buyer, they were able to stop foreclosure proceedings in their tracks and walk away with a clean ‘financial’ bill of health. In some cases, they may have had to sign a promissory note for a percentage of their total obligation. The important thing, however, is that they were able to salvage the ruinous credit rating they would have incurred with a foreclosure. Better yet, in as little as two years — or even less — they’ll be able to purchase a new home with a conventional mortgage. Street Date Sold Original List Price Sale Price Beds Baths Sq Ft...
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By Judy Chapman
(Referral Network of Illinois LLC)
The sprawling subdivision of Live Oak Reserve was developed by Engle Homes. Properties offer large square footage, nice lots (many ¼ - ½ acre with conservation and pond views), and complete community amenities, including tennis, parks, and an aquatic/recreation center. Driveway pavers, lush landscaping, preserved greenbelt areas, and innovative architecture make Live Oak Reserve popular with many homebuyers. Some residents have bought more than once, moving up from the earlier models built during the initial phase to larger homes built in the latter phases. Easy access to the Greeneway (417) Tollway, UCF, and Oviedo Marketplace.    Street Date Sold List Price Sale Price Beds Baths Sq Ft Pool RED ASH 7/10/2009 $315,000 $250,000 4 3 1984 N HAZEL GROVE 7/10/2009 $349,999 $315,000 4 3 2522 ...
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By Judy Chapman
(Referral Network of Illinois LLC)
The Sanctuary in Oviedo, FL, was developed by Crosswinds & Engineered Homes, who incorporated many upgraded features and distinctive architectural details into their houses, among them brick pavers, multi-faceted roofs, balconies, pillars, and dome and tray ceilings. Find in The Sanctuary a large community center complete with clubhouse, fitness center, meeting rooms, and pools.   The Sanctuary is divided into two parts, one containing smaller homes and standard lots and the other boasting larger homes with premium lots. The two phases are separated by a daycare and Lawton Chiles Middle School. The Sanctuary also offers playgrounds, basketball and volleyball courts, a soccer field, and tennis facilities, making it one of the most popular communities in Oviedo. Street Date Sold List Pric...
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By Heather the Realtor Orlando, Lake Mary, First Time Home Buyers, Bank Owned Homes
(LemonTree Realty)
Oviedo Bank Owned Home For Sale in Live Oak Reserve. This stunning estate home is priced to sell. You will be kicking yourself for not jumping on this deal of the year. Live Oak Reserve is located in Oviedo Florida and zoned for A Rated schools. Live Oak is one of the most sought after communities in the Oviedo area not only for it's location and exquisite homesites but also for it's outstanding amenities. Residents can enjoy a large community pool with water slide, fitness center, tennis courts, basketball courts, sand volley ball, playground and many parks and fields for the kids to play, plus endless sidewalks for jogging and biking. If you are interested in purchasing a home in Live Oak Reserve look no further then this Bank Owned Home for Sale This home is guaranteed to sell quickl...
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By Judy Chapman
(Referral Network of Illinois LLC)
Located in a corner of Oviedo bounded by Alafaya Trail and Mitchell Hammock Rd, Alafaya Woods represents one of the largest subdivisions in the area with approximately 2500 single-family homes built from the My 80s to the early 2000s. Alafaya Woods represents one of the first major subdivision to be built in Oviedo and gives residents the luxury of being close to the Greeneway (417) Tollway, access to all the amenities Oviedo has to offer, and conveniently positioned to take advantage of major employers, the University of Central Florida, the recently built UCF Arena , and plenty of dining and shopping venues. Residents will find the nearby Twin Rivers Golf Club, city parks and swimming facilities, and tennis and basketball courts. Modest prices, excellent schools, and a top-notch locat...
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The Isles of Oviedo features five brand new and distinctive townhouse floorplans.  From 2 bedrooms, 2 ½ baths (double master suites) and a 1-car garage, to a 3 bedroom, 2 ½ bath and a 2-car garage, there's a townhome plan that's perfect for you.  There's even a townhome plan with a first-floor master suite! Isles of Oviedo News:Lots of new construction happening at Isles of Oviedo! Building 17 will be completed in August of 2009 and all Townhomes are already SOLD! Building 18 just broke ground and will be completed in October/November of 2009! Only 3 townhomes still available in that building! Building 12 is also under construction, estimated completion is September 2009 with only 2 out of 6 homes still available!!! All 5 townhome models are OPEN and available for viewing at the Isles o...
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By Brady Pevehouse, Your Orlando Real Estate Professional
(RE/MAX Downtown)
This is the market information regarding Oviedo, located in Seminole County Florida. To date there are currently 11 bank owned homes for sale in Oviedo Florida and there are also 113 short sale opportunities in Oviedo. Considering there are 113 out of the total 397 properties for sale in Oviedo Florida, which equates to approximately 28% of the properties for sale in Oviedo are foreclosures. This does not mean there are only 113 foreclosures in Oviedo, it just means there are only 113 foreclosures currently for sale in Oviedo and there are many that are in foreclosure, just not represented on the Orlando MLS. Date   AVG 1-Jul 8-Jul 22-Jul Properties for sale in the Oviedo, Florida 633 409 400 397 Foreclosure properties listed since last post 5 5 4 13 New Non-Foreclosure listings since l...
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By Judy Chapman
(Referral Network of Illinois LLC)
Many lovely homes can be found in this popular Oviedo community. Located between Mitchell Hammock and McCulloch Roads along either side of Lockwood, the subdivision contain more than 400 homes tucked away from the vibrant hubbub of suburban life. Walking or biking distance to all public schools and minutes away from the University of Central Florida and Seminole Community College. The community offers fishing pier, nature walk, and tot lot. Street Date Sold List Price Sale Price Beds Baths Sq Ft Pool Old Kerry Ct 7/13/2009 $254,900 $231,000 4 2 2109 N Running Springs 5/29/2009 $325,000 $305,000 5 3 2582 Y Running Springs 5/29/2009 $334,900 $305,000 4 3 2432 Y Running Springs 5/28/2009 $309,900 $270,000 4 3 2574 N Running Springs 5/15/2009 $214,900 $197,000 4 3 2410 N Fallbrook 4/30/2009...
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By Judy Chapman
(Referral Network of Illinois LLC)
The Sanctuary in Oviedo, FL, was developed by Crosswinds & Engineered Homes, who incorporated many upgraded features and distinctive architectural details into their houses, among them brick pavers, multi-faceted roofs, balconies, pillars, and dome and tray ceilings. Find in The Sanctuary a large community center complete with clubhouse, fitness center, meeting rooms, and pools. The Sanctuary is divided into two parts, one containing smaller homes and standard lots and the other boasting larger homes with premium lots. The two phases are separated by a daycare and Lawton Chiles Middle School. The Sanctuary also offers playgrounds, basketball and volleyball courts, a soccer field, and tennis facilities, making it one of the most popular communities in Oviedo.   Street Date Sold List Pric...
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By Marc Grossman, GRI, Greater Orlando Real Estate Broker
(Marc It Sold!)
The following are the market sales statistics for Oviedo, Seminole County, Florida for June 2009.  Oviedo is made up of the zip codes of 32765 & 32766, which is partly considered Chuluota.  For purposes of this analysis we are only splitting the data according to single-family homes vs, condominiums, townhomes and villas.   A couple of definitions are in order. The median sales price means that 50% of the homes sold for more and 50% of the homes sold for less during a certain period of time - in other words, it's the midpoint of sale prices. So basically what this means, is that the median sales price is showing market activity in that it's specifically indicating which price range is more active.   The average sales price, as opposed to the median sales price, is the total volume of s...
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By Judy Chapman
(Referral Network of Illinois LLC)
I Don’t Sell Cars ... ... but if you want to buy the SUV parked in front of the 3-car garage for a mere $300,000, the homeowners will throw in the house for a dollar.   I Don’t Sell Santas ...   ... but if you would like to purchase a sleigh and 8 tiny reindeer for slightly more than $250,000, the homeowners will leave the decorations up through spring, summer and fall, thereby relieving the new owners of having to climb a ladder, unless it’s to take down the decorations next year.     I Only Sell the Outside of a House ...   ... but if you’d like to know what the inside looks like, you’ll have to use your imagination or else fear the worst — that the kitchen has been stripped, the walls have been painted scarlet red, and the carpeting is purple.     I Don’t Sell Sunsets ...   ... but i...
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By Judy Chapman
(Referral Network of Illinois LLC)
Sales in 2009 are the strongest they’ve been since 2006, up a very respectable 33% year-to-date compared to last year. If this trend holds, sales for full year 2009 are projected to increase a whopping 49%.   Data drawn from the My Florida Regional Multiple Listing Service.
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By Judy Chapman
(Referral Network of Illinois LLC)
The sprawling subdivision of Live Oak Reserve was developed by Engle Homes. Properties offer large square footage, nice lots (many ¼ - ½ acre with conservation and pond views), and complete community amenities, including tennis, parks, and an aquatic/recreation center. Driveway pavers, lush landscaping, preserved greenbelt areas, and innovative architecture make Live Oak Reserve popular with many homebuyers. Some residents have bought more than once, moving up from the earlier models built during the initial phase to larger homes built in the latter phases. Easy access to the Greeneway (417) Tollway, UCF, and Oviedo Marketplace.    Street Date Sold List Price Sale Price Beds Baths Sq Ft Pool RED ASH 7/10/2009 $315,000 $250,000 4 3 1984 N HAZEL GROVE 7/10/2009 $349,999 $315,000 4 3 2522 ...
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