Real Estate News

 

Orlando's median home price and inventory
maintain upward pattern in March 

 

April 2019 Recap

The Orlando housing market enjoyed a 2% increase in median price for the month of March, while year-over-year inventory rose 5% and experienced its fifth consecutive month of increase. Sales dropped 11% compared to last year.

However, Orlando home sales of all types leapt 30% compared to last month and condo sales soared a whopping 42 percent over February.

“Sales traditionally increase from month to month as the spring/summer homebuying season progresses. This year it appears that a powerful combination of more inventory and steady interest rates is driving a stronger-than-usual surge in buyer confidence,” says

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Photo Courtesy of Pixabay

There’s no getting around the fact that investing in a fixer-upper home is a gamble. They come with built-in problems that you, as a homeowner, have to correct. Sometimes, one problem just leads to another problem, then another. Even if you have a “project” home carefully inspected, you may still experience deep-seated issues that seem to come out of nowhere, leaving you in possession of what’s commonly called a money pit. On the other hand, you could reap tremendous financial benefits if you succeed in transforming a fixer-upper into an appealing property in a good location. You may even put yourself in a situation so profitable that it will transform your financial situation and set you on the road to a solid financial

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Kissimmee Florida Real Estate Market Update

Owing to its close proximity to a multitude of amusements parks, including the Walt Disney World Resort and some of the most striking beaches within an hour’s distance, Kissimmee offers a thrilling investment opportunity for those looking at houses for sale around family oriented destinations.

With a median sales price ranging $215,000-$279,999, serious buyers can peruse through a variety of homes for sale in Kissimmee, including condos, foreclosures, and bank-owned properties to choose their future investment.

 

Kissimmee Real Estate Market Trends for March 2019

Florida’s real estate market has experienced a 6% year-over-year increase making it one of the securest states for a real estate investment opportunity. 20.81% of Kissimmee’s real

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Everyone wants to know the right price to buy a new home There are homes that you can build according to your own needs or you might opt for a move-in ready home from a community developer. Sometimes new construction buyers can take more time than usual because of the many options and upgrades offered by the builder.

The 5 Amazing Ways to Help You Save Money On Your New Home

Here are five tips in which you can save money on new construction:

1. Call A Real Estate Agent

An experienced real estate agent can save you big bucks. Many individuals who buy property for the first time usually don’t use an agent and end up losing a lot of money. You don’t have to worry about the commission when its the builder who has to pay.

It is always

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Want To Increase Your Family’s Wealth? Here’s How!

Everyone should realize that unless you are living somewhere rent-free, you are paying a mortgage – either yours or your landlord’s. Buying your own home provides you with a form of ‘forced savings’ that allows you to use your monthly housing costs to increase your family’s wealth.

Homes for Sale in Davenport FL

Every month that you pay your mortgage, you are paying off a portion of the debt that you took on to purchase your home. Therefore, you own a little bit more of your home every month in the form of home equity. As your home’s value increases, you also gain home equity.

Every quarter, Pulsenomics surveys a nationwide panel of over 100 economists, real estate experts, and investment and market strategists. They are asked to project how

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Is Your House Priced To Sell Immediately (PTSI)?

In today’s real estate market, with more houses coming to market every day and eager buyers searching for their dream home, setting the right price for your house is one of the most important things you can do.

What's Your Home Worth?

According to CoreLogic’s latest Home Price Index, home values have risen at over 6% a year over the past two years, but have started to slow to 4.4% over the last 12 months. By this time next year, CoreLogicpredicts that home values will be 4.6% higher.

With prices slowing from their previous pace, homeowners must realize that pricing their homes a little OVER market value to leave room for negotiation will actually dramatically decrease the number of buyers who will see their listing! (see the chart

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Central Florida Real Estate News
March 2019

March 2019 Recap

The Orlando housing market saw its median price continue a years-long upward trek with an economically healthy 3 percent year-over-year increase in February. Sales dipped a fraction and inventory increased for the fourth consecutive month, just in time for the start of Orlando’s homebuying season. 

“March and April typically herald the beginning of our most active period, when a great many prospective buyers begin getting serious about being settled into a home before the new school year,” says Orlando Regional REALTOR® Association President Jeffrey M. Fagan, Watson Realty Corp. “Despite a decrease in year-over-year sales, greater inventory combined with moderated prices

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Sooner or later, most of us will find ourselves in the middle of a real estate transaction. We could be buying, selling, or inheriting real property. Or, we could be involved in a real estate dispute involving easement, for instance. Whether you’re a property owner, investor, developer, or a tenant, you will need a basic understanding of real estate law when dealing with issues related to real property.

Here are some of the things you need to know about real estate law.

Real estate law

Real estate law is usually defined as a branch of civil law that governs who may possess, use, and enjoy land and all its permanent man-made attachments.

In the United States, real estate law requirements vary considerably from state to state. That’s because all

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You bought the house and now that it is time to sell it, you have to make sure you the price you deserve. Summer is real estate’s peak season in the Orlando area, so you have to make sure to present your house in such a way that you get more than your target price. The only way to do that is by staging your house.

Home sellers have received $2 over every $1 they invested in staging their house.

When potential buyers come to an open house, they get to experience how the house will look like when it is fully furnished. It adds a personalized touch and shows that you took efforts in selling the house.

The Top 6 Home Staging Tips to Help You

Here are six essential home staging tips for the summer sale:

 

1. Maximize Space

Put yourself in

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Photo via Pixabay

Moving in with a loved one is often a big step in a relationship, and it can be a stressful time even if you’re excited about the process. Figuring out how to merge your belongings with ease and how to agree on ways to decorate your place are just two aspects of the move; you’ll also need to work out a budget and stick to it. Fortunately, there are several ways you can make your new place a home without spending a ton of money. Think about the layout of the house and how you can use natural light to your advantage, measure before the move so you’ll know which pieces of furniture will fit best, and decide on paint colors that will boost a room’s appeal.

Of course, these are all things you’ll want to think about ahead of time.

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