Orlando Regional Realtor Association® reports the Central Florida median home value at $275,000, up 14.6% year-over-year in its December 2020 Market Report (for data from November 2020). ADOM of 44 days is the lowest in 3 years. Total number of sales is a spiking upwards 25% year-over-year with inventory steadily declining, thus creating an extremely limited 1.72 months’ supply available. If all the homes on the market were to sell, the timeline would take approx. 6 weeks. Economists generally consider a 6 month supply of inventory has a healthy market between buyers & sellers. Avg. mortgage rate of 2.7% is an all-time low as the Federal Reserve is maintaining historically low interest rates to aid in the Covid-19 economic recovery process. Distressed sales, which include REO & short sales, are 1% of all sales. The full report is available here: ORRA Market Pulse Report December 2020
Orlando Real Estate Broker, Jason Crane Earns e-PRO® Certification
December 2, 2020– Jason Crane of Jason Crane Real Estate, LLC has successfully completed NAR’s e-PRO® Certification Program and has been awarded the e-PRO® certification, the official technology certification program offered by the National Association of REALTORS®.
Jason Crane joins nearly 40,000 real estate professionals who have earned NAR’s e-PRO® certification and dedicated their time and effort towards learning how to use the latest social media technologies to create an online presence and reach today’s hyper-connected consumers.
NAR redesigned the e-PRO® curriculum to better meet the challenges of today’s real estate market. The new e-PRO® program has been expanded to include data security and strategies for safeguarding clients’ private information.
Social media is evolving every day so it is vital that REALTORS® embrace the new technology and online resources that have become an integral part of the home buying and selling process. Agents who earn the e-PRO® certification are dedicated to making the most of today’s social media and technology to help consumers with their real estate needs, whatever they may be.
For more information about NAR’s e-PRO® certification, visit epro.realtor or JasonCraneRE.com
Orlando Regional Realtor Association® reports the Central Florida median home value at $269,950, up 11.6% year-over-year in its November 2020 Market Report (for data from October). ADOM is steady at 48 days. Total number of sales is a spiking upwards 25% year-over-year with inventory is down 37% during the same timeframe, thus creating an extremely limited 1.6 months’ supply available. If all the homes on the market were to sell, the timeline would take approx. 6 weeks. Avg. mortgage rate of 2.72% is an all-time low as the Federal Reserve is maintaining historically low interest rates to aid in the Covid-19 economic recovery process. Distressed sales, which include REO & short sales, are less than 2% of all sales. The full report is available here: ORRA Market Pulse Report November 2020
Orlando Regional Realtor Association® reports Central Florida median home value up 10.2% year-over-year in its October 2020 Market Report (for data from Sept.) ADOM is down to only 48 days. Total number of sales is up a whopping 16.3% year-over-year with inventory is down 23.3% during the same timeframe, thus creating an extremely limited 2 months’ supply available. No evidence of a slow down in overall market activity. Avg. mortgage rate of 2.74% is an all-time low as the Federal Reserve is maintaining historically low interest rates to aid in the Covid-19 economic recovery process. The full report is available here: https://www.orlandorealtors.org/housingmarketnarrative?_cldee=amFzb25AamFzb25jcmFuZW9ubGluZS5jb20%3d&recipientid=contact-0778ce58553446e88f0fbfad30d2a416-cbcc6ff665ce401f800394a6e9fc7715&esid=f3148610-e80e-eb11-9c3d-00155d0079cb
Orlando Regional Realtor Association® reports Central Florida median home value up 10% year-over-year in its September 2020 Market Report (for data from August.) Median value now at $275,000 with ADOM holding at only 51 days. Number of home sales rose 3.8% from July to August after stalling from Covid-19 lock-downs. Inventory is down 22.1% year-over-year with an extremely limited 2 months’ supply available. Experts consider 6 months’ supply as a balanced market. Data is indicative a “Seller’s Market” with a very robust demand for housing and declining supply available for purchase. The story is “lack of inventory, not lack of buyer activity.” Distressed property sales, which include short sale & REO homes, has nearly been completely depleted and comprising only 2% of all sales. The average mortgage rate of 2.85% is among the lowest on record. The full report is available here: ORRA Market Pulse Report September 2020
Jason Crane has been named by the Orlando Regional Realtor® Association’s Class of 2017 “20 Under 40” Rising Star Awards recognizing the next generation of real estate professionals. Areas of merit include Community, Career and Professionalism. Congratulations to all of the recipients! A celebration for all of the award winners is scheduled for the end of the month in College Park.
The Orlando Regional Realtor® Association (ORRA) released its June 2017 monthly Market Pulse Report reflecting the on-going housing shortage across Central Florida. The median home value for Central FL of $218,000 is up 7.4% year-over-year from May 2016 to May 2017. During the same timeframe, home sales have increased by 14% with inventory down 16.8%. During the past 6 years, overall home values have increased by 88%. The full article is available for you here: June 2017 Market Pulse Report
The Orlando Regional Realtor® Association (ORRA) announces its 2016 Top Producer Club award winners. Jason Crane with Jason Crane Real Estate, LLC awarded Bronze Level in the Top Producer Club with $3.3 million in sales volume on 26 closed transaction sides. This is the 2nd consecutive year of being named to the Top Producer Club. Annually, ORRA recognizes Central Florida’s top producing, highest ranking real estate offices, teams & individuals; at a gala at SeaWorld Orlando. When looking to hire a real estate agent or broker, it’s always important to ask the candidate for a resume including credentials, sales data, awards, & certifications!
Fixer-upper. Attention investors! 2nd floor condo with soaring vaulted ceilings, fireplace, ceiling fans, kitchen appliances, split floor plan & screened patio. End unit with view of pool & no above neighbors. Community is centrally located within minutes of Sanlando Park, Merrill Park, Wekiva State Park & Wekiva Island. Altamonte Mall, Uptown Altamonte, Cranes Roost Park are less than 3 miles east with an array of dining options, shopping, banking, grocery, post office, schools & other attractions. Major roads in the immediate area include SR-434, SR-436, & Interstate 4 access ramps. 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.
- Condo, 2nd Floor Unit with no above neighbors
- 1139 sqft.
- Ceiling Fans
- Inside Utility
- Screened Balcony with View of Community Pool
- 2 beds/2 baths
- Mandatory HOA with Monthly Fees Required
- Vaulted Ceilings
- Just listed for $70,900
Jason Crane Real Estate, LLC is a licensed real estate broker in Orlando, Florida. Jason Crane is a top-performing, top-ranked real estate expert in Central Florida with over 700 real estate closings and cumulative sales volume in excess of $73 million. He has the following certifications: REO, SFR, GKC, HUD & RES.net. Please visit http://www.JasonCraneOnline.com, for photos & more information.
The Orlando Regional Realtor® Association is reporting plummeting inventory in its February 2017 Market Pulse Report. Inventory is down a whopping 21% year-over-year from January 2016 to January 2017, with prices up 2% during the same time frame. The full report is available here: February 2017 Market Pulse Report