Orlando Regional Realtor® Association reports homes values up 7.3% in its June 2018 Market Pulse Report

The Orlando Regional Realtor® Association has released its June 2018 Market Pulse Report. Here are the highlights: From May 2017 to May 2018, the median home value for Central Florida is up 7.3% with inventory down 14.7%, during the same time frame. The combined median home value for all homes sold is $234,000. Average days-on-market was only 50 days. There is a 2.2 month’s supply of inventory. Real estate values are up 102% since 2011. The full report is available for you here: June 2018 Market Pulse Report

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Orlando Regional Realtor® Association reports homes values up 10.3% in its May 2018 Market Pulse Report

The Orlando Regional Realtor® Association has released its May 2018 Market Pulse Report. Here are the highlights: From April 2017 to April 2018, the median home value for Central Florida is up 10.3% with inventory down 11%, during the same time frame. The combined median home value for all homes sold is $237,000. Average days-on-market was only 55 days. There is a 2.3 month’s supply of inventory. Real estate values are up 105% since 2011. The full report is available for you here: May 2018 Market Pulse Report

7638 Forest City Road #A, Orlando, FL 32810 — Listed For Sale

Fixer-upper. Attention investors. Handyman Special! This condo is completely gutted. No utilities activated. Magnolia Court has community amenities including a pool & tennis courts. Community is located within minutes of Lake Lotus Park, RDV Sportsplex, Trotters Park & Seminole State College. Major roads in the immediate area include Hwy 441, SR-434, & Maitland Blvd/414 Expressway. Sold as-is, where-is. No Seller’s disclosures. Seller is making no warranties or representations of property condition. Room dimensions are approximate & should be independently verified. Proof of funds/pre-approval letter required with all offers. Buying party is responsible for verifying whether or not property condition will qualify for buyer’s specific loan program. HOA dues are subject to change & special assessments & must be verified by buyer. MLS information deemed reliable, but not guaranteed. Parties are advised to verify. The seller requires a 10 DOM holding period prior to entertaining any offers.

  • Condo
  • 2/2
  • First floor
  • 955 sqft.
  • Built 1975
  • HOA with monthly assessments required
  • MLS #o5701993
  • Offer Management Platform Charges $150 Technology Fee to Buyer’s Agent at Closing On Accepted Offer
  • Broker’s Protected: Minimum commission is $1000
  • If applicable, Seller does not pay commissions on seller’s concessions: (PP – Seller’s Concessions) x 3%
  • Bank-owned/REO Status
  • Just listed for $24,900

Orlando Regional Realtor® Association reports home values up 5.5% in its April 2018 Market Pulse Report

The Orlando Regional Realtor® Association has released its April 2018 Market Pulse Report. Here are the highlights: From March 2017 to March 2018, the median home value for Central Florida is up 5.5% with inventory down 9.7%, during the same time frame. The combined median home value for all homes sold is $230,000. Average days-on-market was only 60 days. There is a 2.2 month’s supply of inventory. Real estate values are up 99% since 2011. The full report is available for you here: April 2018 Market Pulse Report

Orlando, FL Airbnb International Drive Apartment refurbishment is now completed & ready for guests!

Orlando, FL International Drive Airbnb Apartment refurbishment project is now completed & ready for guests! Book now, just in time for Spring Break 2018! You will be treated to new flooring, paint, bathroom upgrades, granite counter tops, new lighting, new window treatments & much more! Apartment is a studio with kitchenette & full bathroom. Features full-sized refrigerator, double range, dishwasher, microwave, & disposal. Bathroom has undergone substantial upgrades with new vanity, mirror, & more! You will be treated by approx. 7 ft. high glass doors, full-sized balcony, lake-front views, Universal Orlando nightly fireworks & views of International Drive area attractions! Book today!

Book your reservation on Airbnb:
https://www.airbnb.com/rooms/20731910?s=51

According to sales data, Central Florida Real Estate values in January 2018 still below market peak of 2007.

The media is circulating that the real estate market has now surpassed the peak of 2007. IT’S NOT TRUE! There’s no data presented to support this claim. In researching the ACTUAL sales data for all homes sold, the results are below:

According to ORRA, the median home value for all homes sold in Central Florida peaked at $264,436 in July 2007. As of January 2018, the median home value for all homes sold in was $225,000. Overall prices are still 15% below the peak. Many condo values are still about 40% below the peak! The median home value data is comprised of closed sales for SFHs, condos, town houses, & duplexes. It does not include vacant land or commercial properties.

If you’re interested in the opposite end of the spectrum. The real estate market bottom did NOT occur in 2009 or 2010. It was January 2011 when the median home value for Central Florida bottomed at $94,900.

If you bought a house since 2011 & are ready to cash-out and sell. Message me! I can guide you on every step of the process from market readiness to renovations to valuation to marketing to legal disclosures to buyer screening to contracts to title to closing to avoiding scams to finding a new home, and much more!

Orlando Regional Realtor® Association Reports 12.6% jump in home values in its February 2018 Market Pulse Report

The Orlando Regional Realtor® Association has released its February 2018 Market Pulse Report. Here are the highlights: From Jan. 2017 to Jan. 2018, the median home value for Central Florida is up 12.6% with inventory down 11%, during the same time frame. The combined median home value for all homes sold is $225,000. Average days-on-market for Jan. 2018 was only 63 days. There is a 2.5 month’s supply of inventory. Experts say 6 months of inventory demonstrates a healthy balance between supply and demand. Distressed properties sales are down 41% year-over-year. The full report is available for you here: February 2018 Market Pulse Report >