Orange County, FL Real Estate News

Check out this new listing for a 4 bedroom, split plan home with lots of additions.     Active - Orlando Move In Ready 4 Bedroom Home OverviewMapsPhotosDescriptionNeighborhoodMarket Stats $334,990 Single Family Home Main Features 4 Bedrooms3 Full BathroomsInterior: 1,980 sqftLot: 0.21 acre(s)Year Built: 1991 Location 14913 White Magnolia CtOrlando, FL 32824USA Dee Toohey Innovative Realty Solutions Group(407) 421-7915deetoohey@aol.comhttp://www.innovativeregroup.com        Listed by: Innovative Realty Solutions Group Our recent listings Active - Landed 55+ Golf Community 2/2 for sale. | $34,900 | Zellwood, FLActive - Winter Springs 3 BD home f | $224,900 | Winter Springs, FLSingle Family Residential | $246,000 | Kissimmee, FL55+ Community on the Harris Chain of Lakes | $26,500 | Leesbur... 04/22/2021

Be sure to check out my post about the current challenges of purchasing a home in Orlando.When you check out the latest market report for February 2021, you will understand why buying a home in Orlando right now is not easy. Even with all the challenges, sales continue to be strong. In fact, sales of all types of homes rose 19% in February compared to a year ago. There were 2,995 sales, up from 2,521 in February of 2020. Low interest rates and strong demand have pushed prices up too. The median price in February 2020 was $250,000, and that has soard 12% to $280,000 this year. The bigger story though, is inventory. I have been saying for the last few months that the inventory of homes for sale is at critical levels. There are only 3,420 homes for sale in the Orlando market compared to 6,... 04/08/2021

Almost every choice comes with a consequence. This is especially true when it comes to home buying in Florida. Wrong choices when you buy homes in Orlando FL can lead to very expensive consequences. But worry not, because we have gathered some tips to help you avoid costly mistakes when purchasing your dream Florida home. 1. Choose the right agent. The home buying process involves disputes, contracts, negotiations, and renegotiations. In choosing an agent, it is important to get one who will represent you well in these parts of the process. Getting an experienced exclusive buyer’s agent will ensure that everything will be handled with expertise. As a result, you will be able to get that Florida dream home without spending unnecessarily. Choosing the right agent is a crucial factor in yo... 03/14/2021

 The Orlando Dream Home Finder Program Nearly 70 million people visit Orlando each year, drawn to its perfect climate and world-class tourist industry.These days though, many of those visitors are increasingly likely to stay…Orlando, and Florida as a whole, is become increasingly popular for professionals and families looking to relocate and escape the gloomy weather and lower quality of life of more northerly climes.For the real estate sector, that means only one thing: The market is booming, and it’s becoming ever more tricky for home hunters to find the perfect property.The Hunt for Your Dream HomeSo you’ve decided you want to relocate to Orlando, and you’re eager to start the search for your dream home.After a busy morning browsing the listings on Zillow and Realtor.com, you’ve begu... 02/23/2021

It is a new year, but we are seeing more of the same when it comes to the #OrlandoRealEstate market results for January 2021. When I say more of the same, it is way more of the same. Sales for last month were up 20% compared to a year ago. There were 2,727 closed sales last month compared to 2,270 in January 2020. But wait there's more... Prices climbed 12% compared to a year ago. The median price held steady compared to the prior month, but jumped from $245,000 a year ago to $275,000 over the last three months. If a 20% hike in sales, and a 12% jump in prices don't get your attention, perhaps the 40% plunge in the number of homes available for sale will do it. In the last year the number of homes available for sale in the Orlando metro area has plummeted from 7,030 (which is low to beg... 02/17/2021

The #OrlandoRealEstate market report for December is more of the same. Sales are soaring, and inventory is in a freefall. This is pushing prices ever higher. Sales in December were up 21% compared to a year ago with 3,672 closed sales compared to 3,033 in 2019. The inventory of homes available for sale has absolutely plummeted 31% over the same time period. As of the end of December only 4,875 homes of all types were available for sale, giving Orlando just over a 1.3 month supply of inventory. The continued strong demand for homes, and declining inventory pushed prices up 10% year over year. The median sales price was up from $249,000 to $275,000. Check out this brief video breaking down our local market for December 2020.#Remax #Realtor 02/11/2021

 Orlando Real Estate Spotlight: The Benefits of Buying a New Construction Home. It’s no secret that the real estate market in Central Florida is booming. After a brief slump last March, not even the ongoing COVID-19 pandemic can stop the market from appreciating at a rate of at least 7% year-on-year.This has led to something of a predicament: We’re rapidly approaching a housing stock shortage, with homes often selling above their asking price, as buyers attempt to out-bid the completion to secure their dream property.This situation hasn’t gone unnoticed by developers: New builds are springing up across the state in a bid to cash in whilst demand remains strong.  Is a New Construction Right For You?In this article, we’re going to explain the perks of new construction homes for those of y... 02/02/2021

Zellwood Station is a landed, golf, man gated, 55+ community in Zellwood Florida, near Apopka.  Lots of activities on site!  The home is in the pet section of the community.  It needs work but is priced accordingly.  Active - Landed 55+ Golf Community 2/2 for sale. OverviewMapsPhotosMarket Stats $34,900 Single Family Home Main Features 2 Bedrooms2 Full BathroomsInterior: 960 sqftYear Built: 1974 Location 2134 Oak LnZellwood, FL 32798USA Dee Toohey Innovative Realty Solutions Group(407) 421-7915deetoohey@aol.comhttp://www.innovativeregroup.com        Listed by: Innovative Realty Solutions Group Our recent listings Active - Landed 55+ Golf Community 2/2 for sale. | $34,900 | Zellwood, FLActive - Winter Springs 3 BD home f | $224,900 | Winter Springs, FLSingle Family Residential | $246,000... 01/16/2021

If you are struggling to make your monthly payments and pay your bills, let me and my team help you out.  Do not let the bank win.  We can help you with creative problem solving.  If you need help trying to modify your loan, work out a forebearance with your lender, sell your home to a cash buyer, or list your house on the open market, we can help.  Solving Florida real estate problems for over 20 years now.  Foreclosure, short sale, behind on payments?  We have seen the ups and downs of the market many times.#stopforeclosure Stop foreclosure. Give us a call 407-739-5773 or visit https://webuyhousesflorida.com .   01/06/2021

Low interest rates and strong demand for housing in Orlando has continued to push sales higher. Last month #OrlandoRealEstate sales climbed 25% compared to a year ago. During the same time, the number of homes available for sale plummeted 25%, leaving us with just a little more than a 1.6 month supply of inventory. High demand and low supply has pushed the median price up 12% to $269,950. Check out the latest market report in this brief video. 11/16/2020

Orlando real estate sales and prices up double digits, but inventory plunges. Sales last month were up 16% compared to a year ago, with 3,478 closed sales of all types of homes. The strong demand pushed prices up 10% compared to last year with a median sales price of $270,000. The number of homes available for sales continues to drop with only 5,972 homes of all types currently on the market. That is a 23% drop from last September. With such strong sales, and such low inventory, we currently have only about 1.7 months supply of homes available for sale here in Orlando. While this represents a very strong seller's market, interest rates below 3% make this a great time to buy as well. Check out this short video breaking down the #OrlandoRealEstate market results for September 2020. 10/15/2020

Are you looking to move shortly? Do you need to sell your home in central Florida? If so, you’re not alone. Many people are moving these days, seeking better economic opportunities in other states. If you’re relocating and need to sell your house in central Florida, here’s a quick guide to making the process as smooth as possible. Relocating and Need to Sell Your House in Central Florida? Move Only What You Need! Use the relocation opportunity to get rid of any unwanted clutter and trash. After living in a home for a little while, you’ll invariably collect a bunch of knick-knacks that take up unnecessary space. When you relocate, it’s an excellent opportunity to sort through some junk and leave behind what you don’t need. Not only will this help with unboxing in your new home, but it wi... 09/25/2020

Foreclosure. It’s a word that elicits feelings of fear in the hearts of most homeowners. In 2019, Florida saw an increase in foreclosures even as, nationally, they were decreasing. Given the economics of 2020, most professionals believe that foreclosures will depress prices in Orlando and the rest of Florida for the foreseeable future. Perhaps even sadder than the foreclosures themselves is knowing that every person could avoid foreclosure and sell their house Orlando. Nobody ever has to have a foreclosure on their record. If you’re facing foreclosure, here’s how you can avoid it!The Foreclosure Process in FloridaThe foreclosure process in Florida is usually reasonably lengthy, taking an average of 8 to 14 months. It all starts with the first missed payment on your mortgage. The bank wi... 09/20/2020

Orlando is a beautiful place to work, live, and play. As anyone who has lived in the city knows, many of Orlando's myths are false (e.g., it's hot and humid all the time), making it a great place. However, there are many reasons why you might be searching feverishly for how to "sell my house Orlando." Perhaps you got a job elsewhere in the country. Or, maybe you're facing foreclosure, divorce, or some other life event.No matter what the reason is, you want to know how to sell your house fast, and we want to give you the top three things you need to know to do that effectively. So, without further ado, let's figure out how to sell your house in Orlando, Florida, as quickly as possible with the #1 we buy houses Orlando company!Sell My House In Orlando, Florida: Don't Use a Real Estate Age... 09/18/2020

Low interest rates, strong demand and declining inventory pushed the median price up double digits here in The City Beautiful. We saw an increase in sales of 4% last month compared with a year ago. I think we could have seen much better sales if it were not for the staggering 22% drop in homes available for sale since August of 2019. The median sales price soared 10% going from $250,000 last year to an all time high of $275,000 last month. At last month's sales pace, we are down to less than a 1.7 month supply of inventory.#OrlandoRealEstate #Remax #Realtor 09/15/2020

Orlando real estate sales and prices are both up for July 2020, even as inventory plummets 22% compared to a year ago. The official closed sales number comes in way lower than what I saw in the multiple listing service, but still up from a year ago. 3,679 sales were recorded compared to 3,628 in July 2019. The median sales price rose to a new high of $270,000 up 9% from last year's $247,300. With strong sales and sinking inventory, currently Orlando has less than a 1.7 month supply of homes available for sale. Check out this brief video breakdown.#OrlandoRealEstate 08/17/2020

Short Selling? What is a Short Sale? NOW IS THE TIME to call if you have ever thought about short selling.Short Sale Specialists in Central and South FLWhat is a short sale?  This is anytime a lender is willing to accept lower than the payoff amount of the loan.  Now you may ask, "why would they do this?"  There are several reasons, but mainly any time they can prevent a foreclosure and receive some money for the property, they are making a better business decision.Without getting to deep in detail, the process is extremely complicated and takes time, but it can be most rewarding to a seller who has kept good credit only to now face foreclosure and extremely beneficial to a buyer who has the opportunity to purchase a wonderful deal on a great property.  As a real estate agent and CERTIF... 06/23/2020

                 Orlando Lakefront Land - 3.51 Acres -                      1113 Palm Cove Dr - on Lake Steer                                                                DRONE FILMING             1113 PALM COVE DRIVE, ORLANDO, FL 32835 Get Directions Click Here Description Photos Maps & Local Schools Print Reviews $ Click for current price Orlando Lake Front Land 3.51 Acres - 1113 Palm Cove Dr, Orlando, FL 32835 Lake Steer Call the Land Division at 772-834-099. This is a unique opportunity. From what we can tell, one of the last water front lots on Steer Lake near Windermere. The lot starts off with a 105 ft wide by 220 feet deep of canopy under oaks, then turns right and goes 160 wide x 700 feet deep into Steer Lake where you can have a dock and motorized boat. No back yard neighbo... 06/21/2020

To all of you that still have your father figures, I hope you give them a huge hug and tell them how special they are as I just wish I still could, but alas I wait for the day when we will be reunited once again.  Until then, he will see this and know he is never forgotten for one single day. On this Father's Day, 2020, it has been 20 long years since my granddaddy went home to Our Lord and I can hear him everyday in my daily life.I can still hear him saying " "you get that education" and you will make granddaddy proud!" "You will be the first one in our family to go to college and make something of yourself."This was my very proud grandfather in 1993 walking into my graduation in Orlando to receive my Bachelor's Degree in Accounting.  I was the first in our bloodline to graduate colleg... 06/21/2020

The number that really stands out when you watch this video breakdown of the Orlando real estate market results for May is the drop in closed sales. Last month we saw a 44% drop in closed sales compared to a year ago, but you need to take a closer look at the numbers. New contracts in May only declined 4% from a year ago, while April new contracts were down nearly 57% year over year. So, the drop in closed sales last month appears to be driven more by April contracts. The other number to pay close attention to is the inventory of homes available for sale. Once again, inventory is down double digits from a year ago. The continuing decline in inventory and strong demand are pushing prices up. Our median sales price is approaching all time highs, wiping out the declines of the great recess... 06/17/2020