Built by Centex in the early 90s, Bentley Woods is a popular subdivision located near downtown Oviedo and close to the 434/419 entrance ramp of the Greeneway (417) Tollway. Bentley Woods is convenient to everything, including Oviedo Marketplace, University of Central Florida, and the Cross Seminole Trail, which offers opportunities for biking, jogging/walking, hiking, and horseback. Street Date Sold List Price Sale Price Beds Baths Sq Ft Pool ARTESIA 5/20/2009 $190,000 $194,000 4 2 2014 Y YORKSHIRE 5/20/2009 $300,000 $285,000 4 2 2418 Y WELLINGTON 2/20/2009 $339,000 $297,000 4 2 2415 Y YORKSHIRE 2/10/2009 $279,900 $279,900 3 2 2378 N MANCHESTER 1/16/2009 $299,900 $270,000 4 3 2537 Y WELLINGTON 12/3/2008 $360,000 $350,000 4 2 2889 Y   Properties have been listed and sold by various MLS m... 06/03/2009

Straddling either side of Lockwood Road in Oviedo, the popular bedroom community of Little Creek is made up of 400+ homes built in the 1990s and early 2000s. The highly rated Hagerty High School is within walking distance as is Carillon Elementary School. The subdivision is also close to the University of Central Florida, several corporate employment centers, many outdoor activities, and plenty of shopping at the Oviedo Marketplace mall and along the Alafaya Trail corridor. Getting to the beaches and amusement parks is easy, too, when the Greeneway (417) Tollway is close by. Street Date Sold List Price Sale Price Beds Baths Sq Ft Pool RUNNING SPRINGS 5/29/2009 $318,900 $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 ... 06/03/2009

Located off Aloma Road (State Road 426), Aloma Woods is perfectly positioned by allowing daily commuters to avoid the traffic jams along the Mitchell Hammock corridor while affording all its residents to enjoy easy accessibility to the many conveniences of this popular suburb. Very close to the Greeneway (417) Tollway, which can take drivers all points north, west, and south. Enjoy a community pool along with jogging and biking paths, and plenty of scenery.   Properties have been listed and sold by various MLS members. Data drawn from the Mid-Florida Regional Multiple Listing Service. This report is valuable for estimating current market values in the designated community or subdivision.   Street Date Sold List Price Sale Price Beds Baths Sq Ft Pool Red Leaf 5/1/2009 $254,900 $232,900 3... 06/02/2009

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 mid-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 loca... 06/02/2009

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. Address Date Sold List Price... 05/31/2009

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 Hollywood 05/14/09 $390,000 $360,000 5 3 3079 Y Sterling Creek 05/08/09 $399,965 $385,000 5 3 3... 05/29/2009

This is the market information regarding Oviedo, located in Seminole County Florida. To date there are currently 12 bank owned homes for sale in Oviedo Florida and there are also 116 short sale opportunities in Oviedo. Considering there are 116 out of the total 441 properties for sale in Oviedo Florida, which equates to approximately 26% of the properties for sale in Oviedo are foreclosures. This does not mean there are only 116 foreclosures in Oviedo, it just means there are only 116 foreclosures currently for sale in Oviedo and there are many that are in foreclosure, just not represented on the Orlando MLS.  Date       AVG May6  May13 May20 May27 Properties for sale in the Oviedo, Florida 633 479 463 446 441 Foreclosure properties listed since last post 5 2 5 4 5 New Non-Foreclosure l... 05/28/2009

At one time, the city of Oviedo (pronounced O-vee-do) was farmland given over to celery and citrus crops. When the University of Central Florida (originally Florida Technological University) was established in 1963, farmland was quickly converted into subdivisions of single-family homes. A tributary of the Little Econlockhatchee (“Econ”) River comes up from the southwest and joins the Econlockhatchee River at the eastern edge of the city. The lengths of these river basins are heavily forested, and a number of Oviedo subdivisions have become the beneficiaries of conservation/greenbelt preserves. Because of the juxtaposition of these two waterways and the nearby Little Big Econ State Forest , Oviedo residents have at their disposal a wealth of recreational pastimes including nature walks,... 05/27/2009

Many homeowners in Orlando are currently facing foreclosure. Foreclosures have always been around, but the current real estate market has complicated matters. Quite simply, homeowners facing foreclosure are between the proverbial rock and hard place. If they purchased their house in the last few years, chances are the current market value is worth less than the amount they owe on their mortgage loan. When a house is worth less than its underlying loan, the condition is known as being ‘upside down’. When they purchased their house, they fully expected it to increase in value as real estate has historically done. No one could have anticipated this unprecedented depreciation of home values. Under ordinary circumstances, had homeowners experienced a temporary setback, they would have been a... 05/24/2009

Like everywhere else in the Greater Orlando area, prices continue to fall in northeast suburban Oviedo (32766). Since 63% of Houses with Contracts are properties in some stage of foreclosure, the downward pressure on sales prices continues. Foreclosure Solds and Contracted have lower costs per square foot, which tends to drag prices down throughout the community. Also, Price per Square Foot for contracted sales are slightly lower when compared to Houses Sold in Last 3 Months. It’s good to understand 2 things about Price per Square Foot in this context: Houses with Contracts - the amount of $111 doesn’t take into account the actual sold price, since this won’t be public record until the sale is actually closed. Generally, the sold price is approximately 95-97% of list price. Houses Sold ... 05/21/2009

This is the market information regarding Oviedo, located in Seminole County Florida. To date there are currently 15 bank owned homes for sale in Oviedo Florida and there are also 120 short sale opportunities in Oviedo. Considering there are 120 out of the total 446 properties for sale in Oviedo Florida, which equates to approximately 27% of the properties for sale in Oviedo are foreclosures. This does not mean there are only 120 foreclosures in Oviedo, it just means there are only 120 foreclosures currently for sale in Oviedo and there are many that are in foreclosure, just not represented on the Orlando MLS.  Date AVG 6-May 13-May 20-May Properties for sale in the Oviedo, Florida 633 479 463 446 Foreclosure properties listed since last post 5 2 5 4 New Non-Foreclosure listings since la... 05/21/2009

Have you seen the movie musical The King and I? There’s a charming scene where the King, as played by Yul Brynner, defends his kingly tradition of having many wives by singing a short and sweet song to Anna, as played by Deborah Kerr.   To fly from blossom to blossom A honey bee must be free, But blossom must not ever fly From bee to bee to bee.   Lyrics from The King and I           This is how certain homebuyers search for homes, as if they’re blossoms flying from bee to bee to bee. Instead of contacting one real estate agent, they contact the listing agent of every house they wish to tour, meet with the agents individually, and if they happen to like any one agent’s listing, make an offer.   At best, these independent-minded buyers have turned home buying into an unnecessarily diffic... 05/20/2009

The following are the market sales statistics for Oviedo, Seminole County, Florida for April 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 sold... 05/19/2009

Here at Centerline Homes we already knew Oviedo was an incredible community to live in which is why we are building at the Isles of Oviedo.  Don't take it from us, Relocate America ranked Oviedo in the top 100 places to live in 2009! To Learn more about all that Oviedo has to offer take a look at this Oviedo, FL area guide and once you realize all Oviedo has to offer then you will surely want to see what the Isles of Oviedo Offers! The Isles of Oviedo.The Townhomes at the Isles of Oviedo are conveniently located in Seminole County FL's City of Oviedo and is 1/4 mile west of The Florida GreeneWay, on the north side of Red Bug Lake Road, adjacent to the Oviedo Marketplace in Oviedo, FL.  This exciting new Central Florida neighborhood is in Seminole County and has much to do in the area w... 05/18/2009

This is the market information regarding Oviedo Florida, located in Seminole County Florida. To date there are currently 14 bank owned homes for sale in Oviedo Florida and there are also 131 short sale opportunities in Oviedo. Considering there are 131 out of the total 463 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 131 foreclosures in Oviedo, it just means there are only 131 foreclosures currently for sale in Oviedo and there are many that are in foreclosure, just not represented on the Orlando MLS.   Date AVG 6-May 13-May Properties for sale in the Oviedo, Florida 633 479 463 Foreclosure properties listed since last post 5 2 5 New Non-Foreclosure listings since last p... 05/15/2009

The other day, I wrote a blog about The Black Hole of Foreclosure. The response was stupendous, and everybody who commented seemed to be on the same page -- that a solution has to be found that will put a brake on foreclosures for our neighbors and stabilize the real estate market for everybody else.  Lenders have so far failed the vast majority of homeowners facing foreclosure. Government hasn't found a viable solution, either. And the rest of us have seen the market value of our houses disappear into the abyss. No matter how we might want to put our heads in the sand, WE'RE IN THIS FORECLOSURE CRISIS TOGETHER. Today in my inbox, I found out about a pilot program run in Philadelphia that brought homeowners and lenders together at a court-appointed mediation table. Only owner-occupied h... 05/13/2009

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!  The Esperanza2 Bedrooms, 2 ½ Baths and 1-Car Garage Style: Town Home Bedrooms: 2 Bathrooms: 2.5 Garage: 1 Stories: 2 A/C Sq. Ft.  1,315 Total Sq. Ft. 1,558 Price: $149,900 Follow Us on Twiiter - http://twitter.com/flnewhomes www.CenterlineHomes.com 05/12/2009

Innocent American Homeowners ... yes, you ... and you ... and you, too ... are being swept into the Black Hole of Foreclosure ... or soon will be.   Because the foreclosure crisis hasn’t shown any signs of slowing down or ‘working out of the system’, foreclosure may well come to a house near you ... maybe even yours!   At any moment, a life-changing event like job loss, disability, or medical emergency may force you to become an unwilling statistic.   So it’s time to stop blaming homeowners who ~~ purchased houses using subprime loans financed houses with resetting ARMs used their homes as ATM machines bought more ‘house’ than lenders told them they could afford There’s plenty of blame to go around without blaming ourselves or our neighbors ~~ Mortgage lenders and brokers who steered cu... 05/11/2009

This is the market information regarding Oviedo Florida, located in Seminole County Florida.  Date AVG 6-May Properties for sale in the Oviedo, Florida 633 479 Foreclosure properties listed since last post 5 2 New Non-Foreclosure listings since last post 23 23 What's sold in Oviedo since last post 8 8 Foreclosures in Oviedo since last post 1 0 Non-Foreclosures sold since last post 7 8 What's under contract 86 175 Foreclosures under contract in Oviedo 30 68 Non-Foreclosures pending in Oviedo  54 107 Here are the sold properties from the past week ending 05/07/09  Address City Zip Beds Baths List $ Pool  DOM Sold $ SP/SqFt F/B 520 LONG LAKE CT OVIEDO 32765 4 4 369,900 Y 180 310,000 129.11   3839 SHAFTBURY PL OVIEDO 32765 2 2.5 164,900   170 140,250 104.35   3664 BECONTREE PL OVIEDO 32765 ... 05/07/2009

If they haven’t been living in a shack in the woods, Florida homeowners are worried about the future. These are shaky economic times. When they bought their big houses during the go-go 2000s, many Floridians went for extra space, upgrades, and that new-house smell. This was certainly true in the Orlando area, where the housing boom has been in full force over the last 10 years. For a while there, the stock market was breaking records, unemployment was low, and the future looked bright with possibilities. Many felt entitled to that shiny new home with pools, granite countertops, stainless steel appliances, room to grow, and space for entertaining. But after living the good life, they’re starting to realize a few things. Extra bathrooms? They actually have to clean and straighten them. Fo... 05/05/2009