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Sanford, FL Real Estate News

By Walter DiLoreto, Real Estate Short Sale Specialist
(PHP Houses)
Over the past year or so, a lot of people have been talking about how tough it is to buy a home. And while there’s no arguing affordability is still tight, there are signs it’s starting to get a bit better and may improve even more throughout the year. Elijah de la Campa, Senior Economist at Redfin, says:“We’re slowly climbing our way out of an affordability hole, but we have a long way to go. Rates have come down from their peak and are expected to fall again by the end of the year, which should make homebuying a little more affordable and incentivize buyers to come off the sidelines.”Here’s a look at the latest data for the three biggest factors that affect home affordability: mortgage rates, home prices, and wages.1. Mortgage RatesMortgage rates have been volatile this year – bouncin...
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By Lindsey Huntington
(Concord Real Estate)
Cheap Lot in Sanford! Overview Maps Photos $11,900 Lots and Land Main Features Lot: 0.22 acre(s) Location 2811 Knudsen DrSanford, FL 32771USA To get updates on open home dates and other property events, please click the "Like" button below: Lindsey Huntington SellState Concord Realty(407) 2337807lindsey_huntington@yahoo.comhttp://www.CentralFloridaRealEstateDeals.com Listed by: SellState Concord Realty Our recent listings 2 Story Colonial with Large Fenced Yard, Tropical Landscaping, and Interior UpgradesMH on over an Acre with Barn!Charming Pool Home for under $100KCommercial Lot in Historic SanfordGreat Commercial Investment Opportunity - Great renters in place Subscribe to our listing feed Nearby properties for sale
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By Debbie Summers
(Charles Rutenberg Realty )
  What's Selling in Sanford, Florida? Sanford Florida is 25 minutes north of Downtown Orlando and 40 minutes to the Theme Parks and New Smyrna Beach. Sanford is Seminole County's oldest city and has a Historic District with shopping and restaurants.  Don't miss the new waterfront park with playgrounds and splash park!  A big hit with locals and visitors alike. There is a wide variety of housing options to choose from in Sanford: New entry level communities, gated luxury communities or historic homes within walking distance to Lake Monroe. Please contact me for more information about moving to Sanford, Florida.   Home Sales in Sanford, Florida: Terracina at Lake Forest - New Townhome Community The Preserve at Astor Farms Buckingham Estates   Homes for Sale in Sanford, Florida: Terracina...
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By Debbie Summers
(Charles Rutenberg Realty )
Terracina at Lake Forest - Sanford, Florida Why homebuyers are choosing Terracina at Lake Forest: Townhomes for the 150's Location, Location, Location 5 Minutes to Interstate 4 7 Minutes to SR 417 - The Greenway 2 Minutes to Publix 5 Minutes to Colonial Town Park - Shopping, Movies, Restaurants 25 Minutes to Downtown Orlando 45 Minutes to New Smyrna Beach Less than 60 Minutes to Disney World Gated Community Mediterranean Facades Barrel Tile Roofs Carriage Doors Paver Driveways Community Cabana Community Pool 10 Acre Lake with Walking Trail See homes for sale in Terracina at Lake Forest in Sanford, Florida...  
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By Debbie Summers
(Charles Rutenberg Realty )
Riverview by M.I. Homes See more neighborhood Photos... Gated community with Craftsman and Tuscan inspired townhomes, spacious floorplans, 1 and 2 car front entry garages.  There are still pond front homesites available by M.I. Homes. Located close to The Sanford Zoo, Sanford Riverwalk and Historic Sanford in Seminole County.  New Townhomes Available Now: For more information about the Sanford neighborhood of Riverview please visit Move To Lake Mary...  
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By Debbie Summers
(Charles Rutenberg Realty )
Candlelight Tour of Homes – Friday December 3, 6 – 9:30 PM The Sanford Historic Trust presents the the candlelight evening stroll through some of Sanford’s most beautiful homes. Reception in the park Live Music Carolers Carriage rides Menu samplings from local restaurants Tickets $25 in advance – $30 at event – click here to purchase tickets Visit Move To Lake Mary for information on daytime tours available on Saturday December 4, 2010.
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By Marc Grossman, GRI, Greater Orlando Real Estate Broker
(Marc It Sold!)
The following are the market sales statistics for Sanford, Seminole County, Florida for June 2010.  Sanford is made up of the zip codes of 32773 & 32771.  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 properties divided by the number ...
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By Marc Grossman, GRI, Greater Orlando Real Estate Broker
(Marc It Sold!)
The following are the market sales statistics for Sanford, Seminole County, Florida for May 2010.  Sanford is made up of the zip codes of 32773 & 32771.  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 properties divided by the number o...
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By Marc Grossman, GRI, Greater Orlando Real Estate Broker
(Marc It Sold!)
The following are the market sales statistics for Sanford, Seminole County, Florida for April 2010.  Sanford is made up of the zip codes of 32773 & 32771.  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 properties divided by the number...
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By Marc Grossman, GRI, Greater Orlando Real Estate Broker
(Marc It Sold!)
The following are the market sales statistics for Sanford, Seminole County, Florida for March 2010.  Sanford is made up of the zip codes of 32773 & 32771.  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 properties divided by the number...
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By Marc Grossman, GRI, Greater Orlando Real Estate Broker
(Marc It Sold!)
The following are the market sales statistics for Sanford, Seminole County, Florida for February 2010.  Sanford is made up of the zip codes of 32773 & 32771.  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 properties divided by the num...
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By Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner, Chris Brown 407.367.2974
(Chris Brown | Certified Mortgage Planners)
  Earlier this week, the private-sector Case-Shiller Index showed home prices slightly lower between November and December.  Thursday, the public-sector Home Price Index showed the same. Publishing on a 2-month lag, the Federal Home Finance Agency said home prices fell by 1.6 percent nationally in December.  And that's an average, of course.  Some regions performed well in December as compared to November, others didn't. Values in the Middle Atlantic states improved slightly Values in New England were essentially unchanged Values in the Mountain states sagged, down 3.5% These aren't just footnotes. They're an important piece toward understanding what national real estate statistics really mean. In short, "national statistics" are just a compilation of a bunch of local statistics. For ex...
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By Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner, Chris Brown 407.367.2974
(Chris Brown | Certified Mortgage Planners)
  Using data compiled in December, Standard & Poors released its Case-Shiller Index Tuesday.  The report shows home prices down just 2.5% on an annual basis, a figure much lower than the 8.7% annual drop reported after Q3. According to Case-Shiller representatives, the housing market is "in better shape than it was this time last year", but some of the summer's momentum has been lost. 15 of 20 tracked markets declined in value between November and December 2009. Meanwhile, it's interesting to note the 5 markets that didn't decline -- Detroit, Los Angeles, Las Vegas, Phoenix and San Diego.  Each of these metro regions were among the hardest hit nationwide when home prices first broke.  Now, they're leading the pack in price recovery.   For some real estate investors, that's a......   Rea...
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By Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner, Chris Brown 407.367.2974
(Chris Brown | Certified Mortgage Planners)
  Sometimes, headlines for housing can be misleading and this week gave us a terrific example. On Wednesday, the Commerce Department released its Housing Starts data for January 2010. The data showed starts at a 6-month high. A “Housing Start” is a privately-owned home on which construction has started. Headlines on the Housing Starts story included: U.S. Housing Starts Hit 6-Month High (Reuters) U.S. Economy Receives Home Building Boost (Shepparton) Housing Starts Post Sharp Rebound (ABC) Based to the headlines, the housing market looks poised for rapid growth through the Spring Market. The real story, though, is that although Housing Starts increased by close to 3 percent last month, the growth is mostly attributed to buildings with 5 or more units.  This includes apartments and condo...
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By Marc Grossman, GRI, Greater Orlando Real Estate Broker
(Marc It Sold!)
The following are the market sales statistics for Sanford, Seminole County, Florida for January 2010.  Sanford is made up of the zip codes of 32773 & 32771.  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 properties divided by the numb...
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By Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner, Chris Brown 407.367.2974
(Chris Brown | Certified Mortgage Planners)
A "Short Sale" is when a home seller sells his home for a lesser amount than what is owed on his mortgage, and the mortgage lender agrees to accept the lesser amount in lieu of a full payoff. By way of example, a Short Sale may be appropriate for a home seller whose mortgage balance is $250,000 but whose home wouldn't sell for more than $220,000.  Rather than pay the $30,000 difference to the lender at the time of sale, the seller enters into an agreement with the lender by which all sale proceeds are paid to the bank and the deficient balance is forgiven. Short Sales are a preferable alternative to foreclosure but...... Read the COMPLETE BLOG POST HERE: Simple Real Estate Definitions : Short Sale ------------------------------------------   Chris is Florida's #1 FHA Mortgage Broker and...
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By Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner, Chris Brown 407.367.2974
(Chris Brown | Certified Mortgage Planners)
November 6, 2009, Congress voted to extend and expand the First-Time Home Buyer Tax Credit program.  There's 100 days left to claim it. The expiration date of the up-to-$8,000 tax credit has been pushed forward to spring, requiring homebuyers to be under contract for a home no later than April 30, 2010, and to be closed no later than June 30, 2010. In addition, "move-up" buyers were also added to the program's eligibility list meaning you don't have to be a first-time home buyer to be eligible for the tax credit.  If you've lived in your home for 5 of the last 8 years, you meet the IRS requirements. Move-up buyers are capped at a total tax credit of $6,500. The tax credit's basic eligibility requirements remain the same:..... Read the COMPLETE BLOG POST HERE: There's 100 Days Left To Cl...
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By Road House Realty
(Road House Realty)
Lake Markham Preserve is an upscale, guard-gated and waterfront and golf community with lake access located in Sanford, Florida. The affluent assortment of luxury Mediterranean and Spanish-style estates are all situated on the immaculate Lake Markham, featuring lush landscaping and a handsome, solid brick perimeter. Each of the 61 elegant homes sits on oversize lots of 1-2 acres, 19 of which are on the water's edge. The backdrop of Lake Markham, combined with the extravagant houses and chic neighboring stores, make it the perfect Florida home destination. A few minutes away, you can take advantage of richly appointed golf courses and upscale shopping. Lake Markham Preserve has it all: beautiful homes, first-class golf, a scenic lake and a swanky local neighborhood. The schools zoned fo...
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By Road House Realty
(Road House Realty)
Lake Forest is an upscale, guard-gated community with waterfront homes and lake access in charming Sanford, Florida. This collection of extravagant, Mediterranean-style homes boast amazing waterfront views setting an immediate tone of tranquility and peace. The houses, which are all extremely some of the luxurious in Central Florida, have elaborate landscaping and sparkling driveways. The neighborhood includes an entrance to the Lake Forest Swim and Tennis Club, which features 6 lighted tennis courts, an Olympic-size swimming pool, large clubhouse, cutting-edge fitness center, volleyball court, and a children's playground. In addition you can visit the 65-acre sun-kissed lake where fishing docks and canoes are available for you to use at your leisure. Imagine indulging in all these ame...
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By Marc Grossman, GRI, Greater Orlando Real Estate Broker
(Marc It Sold!)
The following are the market sales statistics for Sanford, Seminole County, Florida for December 2009.  Sanford is made up of the zip codes of 32773 & 32771.  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 properties divided by the num...
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By Road House Realty
(Road House Realty)
The Estates at Wekiva Park is an upscale gated, waterfront community grazing the shores of the Wekiva River in lovely Sanford, Florida. The neighborhood, featuring gorgeous, majestic homes with Mediterranean architecture, includes a spectacular grand entrance, impressive picnic area, children's playground, tennis courts, and convenient fishing docks set up all along the bank of the famous Wekiva River. Enjoy fishing in the backyard of your grand Floridian home. All the homes sit on oversize lots, and when the development is completed, there will be only 85 exclusive homes in the subdivision. If you want to explore outside the neighborhood, try going to Rock Springs Run State Reserve, where their many outdoor activities will keep you infinitely busy and energetic. The schools zoned for ...
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