Orlando Regional Realtor® Association reports 2.2% increase in home values in Mar. 2019

Orlando Regional Realtor® Association reports Central Florida home values up 2.2% year-over-year in its monthly market “Market Pulse” report for data from Mar. 2019. The overall median home value was $235,000 with an average-days-on-market of 62 days. Price increases have been recorded for 93 consecutive months with home values up 103.5% since 2011.

Inventory is hovering near historical lows & showing a slight increase of 5.3% year-over-year. Distressed sales (REO & short sale) are representing less than 4% of total sales.

The full report is available to view here: Market Pulse Report for data from March 2019

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355 S Echo Drive, Lake Alfred, FL 33850 — Listed For Rent

Beautifully renovated 2 bedrooms/1 bathroom, water-front home only blocks from Downtown Lake Alfred. Lake-front property with unobstructed lake-front views of Lake Echo. Interior has been renovated with new flooring, new kitchen, new paint, new stainless steel appliances, new windows, new light fixtures, new blinds, & newer A/C system. Features spacious Florida Room with lake-front views. Home is one story with carport & attached utility room. Home has central A/C, ceiling fans, new windows, new blinds/curtains & plenty of natural lighting. Washer & dryer are incl. Utility/laundry room is accessible via the attached 1 car carport. Lake Echo is approx. 70 acres circular fresh water lake with a public boat ramp. Motor boats are permissible & other activities include water skiing, fishing, canoeing, kayaking & other water sports. The Chain of Lakes jogging trail is located w/in blocks. Legoland is approx. 20 minutes south. Please note, property does NOT have a dock, however there’s a public dock nearby. House is on city water & septic. There are pet & breed restrictions w/ no dangerous breeds of dogs allowed. Applications are required for any occupants over the age of 18. All prospective residents subject to 50-state background check & credit check. Security Deposit $1500. A mandatory cleaning fee of $299 will be paid by tenant upon move-out. Min. lease term of 12-months. There’s a 2 minute video walk-through/virtual tour available.

• One Story SFH
• 2 Beds/1 Bath
• 864 sqft.
• Built 1958
• 1 Car Carport
• Attached Utility Room with Washer/Dryer Incl.
• 1/8 acre lot
• Lake-front home with views of Lake Echo
• Completely renovated with new kitchen, new bathroom, new flooring, new paint, new A/C system, new windows, new appliances, new light fixtures, new window treatments & more!
• Brokers Protected – $300 Lease Agent Fee payable by owner
• Rent of $949/month
• $1500 Security Deposit
• Application fee of $75/adult over 18
• One Pet allowed per household under 40 lbs. in weight
• $1000 Pet Deposit
• MLS ID: O5774070
• Listing courtesy of Jason Crane Real Estate, LLC
• Available for move-in April 3, 2019

Orlando Regional Realtor Association reports 2.6% increase in home values in Feb. 2019

Orlando Regional Realtor® Association reports Central Florida home values up 2.6% year-over-year in its monthly market “Market Pulse” report for data from Feb. 2019. The overall median home value was $235,000 with an average-days-on-market of 62 days. Price increases have been recorded for 92 consecutive months with home values up 103% since 2011.

Inventory is hovering near historical lows & showing a slight increase of 6.3% year-over-year. Distressed sales (REO & short sale) are representing less than 5% of total sales.

Full market report is available here: March 2019 “Market Pulse” Report

Orlando Regional Realtor® Association reports home values up 0.7% in Jan. 2019

The Orlando Regional Realtor® Association reports home values leveling off in its February 2019 Market Pulse Report. Home prices increase 0.8% year-over-year from Jan 2018 to Jan 2019 with inventory up 8% during same time frame. Inventory has increased for 3 consecutive months.

Median home value of $226,500 for January 2019 versus $225,000 for January 2018. Median home value has increased for 91 consecutive months dating back to July 2011. Prices appear to be reaching a plateau after almost a decade of increases & provide evidence that we’re heading into the next market cycle and/or reaching a peak in the market.

Distressed sales (REO and short sale) only represent <5% of all sales.

The full report is available for you here: ORRA Market Pulse Report published February 2019

5767 Viburnum Ct, Polk City, FL 33868 — Listed For Rent

Recently renovated (2018) single-family home with several upgrades & features! Shows like a brand new home! One story home located on cul-de-sac. Home has just undergone refurbishing including all new interior & exterior paint, brand new appliances, new washer & dryer, bathroom renovations, new light fixtures & new window treatments. Brand new A/C system! There’s a pantry with washer & dryer included. All new stainless steel appliances incl. microwave hood. Master suite has half bathroom. One car garage. Rear has an open patio, fenced yard & no rear neighbors. This home will suit the pickiest of prospective residents. No HOA. Established neighborhood with many long-term residents. Located at Greenwood Estates, only less than 10 min. from downtown Polk City & about 22-25 min. from downtown Lakeland. Disney World theme parks & resorts are about 25 min. east on I-4. Legoland is 30 min. south. The new C. Fred Jones Blvd. provides fast & convenient access to two I-4 ramps. The Teco-Auburndale bike/jogging trail is located only minutes away. Auburndale is about 15 min. south & has a Walmart, dining options, Lowe’s & other popular stores. One pet is permitted with the lease, but dog breed restrictions in place. Pet Deposit is required. Prospective tenants must pass a comprehensive 50-states background check & credit check. Security Deposit is required. Routine lawn service is included with rent. Utilities are separate (Electric & Water). House is on septic system, which was serviced & inspected in Mar. 2018.

• Single Family Home
• Built 1995
• One Car Garage
• 984 sqft/1377 total sqft
• One Story Home
• Vaulted Ceilings
• Renovated in 2018!
• New stainless steel appliances, new light fixtures, interior/exterior paint, new blinds, new ceiling fans, new W/D, & more!
• Walk-in pantry/utility room
• Nice sized-lot with fenced back yard
• Located on Cul-de-sac
• No Rear Neighbors
• No HOA
• Water & Electric are not included
• Bi-weekly/Weekly lawn mow service is included
• Security Deposit $1500
• Application fee is $75/adult. 50-state background check & credit check are required. No exceptions.
• One pet is allowed. $1000 Pet Deposit.
• MLS ID: O5766306
• Brokers Protected. Offering a Lease Fee to agents who show & bring a client.
• More information, property details & photos are available on www.JasonCraneOnline.com > My Listings

6630 Duncaster St, Windermere, FL 34786 — Just Listed For Sale

Stunning Lakes of Windermere home loaded with upgrades & features. Spacious interior w/ high ceilings, Florida Room, french doors, built-in entertainment center, plenty of closet space, crown molding, garden bath, his & her closets, & much more! Kitchen features stainless steel appliances, double sink, walk-in pantry, island, wood cabinets, recessed lighting & granite counter tops. Rear features stone patio & wooded view. Located only minutes from downtown Windermere, Tibet-Butler Nature Preserve, West Beach Park, Golden Bear Club & Orange County National Golf Ctr. Two Publix Shopping Centers, schools & banking located in immediate vicinity. Sold as-is, where-is. No Seller’s disclosures. Seller is making no warranties or representations of property condition. Room dimensions are approx & should be independently verified. Proof of funds/pre-approval required with all offers. Buying party is responsible for verifying whether or not property condition will qualify for buyer’s specific loan prog. HOA dues are subject to change & special assessments & must be verified by buyer. MLS info deemed reliable, but not guaranteed. Parties are advised to verify. The seller requires a 10 DOM holding period prior to entertaining any offers. *Per our seller, please ensure all potential buyers view the interior of the property prior to submitting offers. Seller will not entertain sight-unseen offers. Please factor repair estimates into the offer.* There’s a 5 minute virtual tour/video walk-through available for prospective buyers. Jason Crane Real Estate, LLC is a licensed real estate brokerage in Florida. Approx. 30-40 photos available & additional property information published on http://www.JasonCraneOnline.com/ > My Listings

• Single Family Home
• 4338 Square Feet
• Built 2005
• 2 Car Garage
• 2 Story Home
• 5 Bedrooms/4 Bedrooms & 2 Half Baths
• Features Fenced Yard, Rear Patio, Kitchen Appliances, Kitchen Island, Built-ins, Walk-in Closets, Master Bathroom upgrades & much much more!
• Broker’s Protected 3% Commission minus $150 (Seller does not pay commissions on concessions or seller paid buyer’s closing costs)
• Buyer’s Agent is charged a mandatory $150 Technology Platform Fee deducted from Commission
• Mandatory HOA with Fees Paid Quarterly
• Just Listed for only $419,500
• MLS ID: o5761335
• Bank-owned/REO Status
• Listing Courtesy of Jason Crane Real Estate, LLC
• More information, photos & property details are available on www.JasonCraneOnline.com

Orlando Regional Realtor® Association reports home values up 1.2% in Dec. 2018

The Orlando Regional Realtor® Association reports the December 2018 median home value of $232,750 for Central Florida with home values up 1.2% year-over-year in its monthly “Market Pulse Report.” Home values appear to be reaching a plateau. The data reveals an average DOM of only 56 with only 3.3-month supply of inventory. Distressed properties represented less than 4% of all sales. The housing shortage is easing with a 4.9% increase in inventory year-over-year. The cumulative number of homes sales from December 2017 to December 2018 was down 20.8%. However, in looking at 2018 as a whole, the overall median home value for Central Florida homes rose 5.7%. In analyzing the statistics, the real estate market is changing as evidenced by the slow down in price appreciation, decrease in the cumulative number of sales & an inflection point has been identified with inventory now on the rise. Historically, condominiums tend to be the first to experience price deprecation during a market downturn & last to display price appreciation during an upswing. From December 2017 to December 2018, consistent with historical data, condominiums showed the highest appreciation in overall median value with a 10.5% rise. The full report is available for you here: ORRA Market Pulse Report for December 2018