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| Postal Code 32828 | 11/2009 | 12/2009 | 01/2010 |
| Number of Sales | 64 | 63 | 38 |
| Median Sales Price | $196,550 | $193,500 | $198,000 |
| Median Sales Price per Sq Ft | $90 | $82 | $77 |
| Active Listings | 265 | 265 | 279 |
| New Listings | 96 | 72 | 67 |
| Avg. Days on Market | 72 | 69 | 101 |
| Avg. Mortgage Rate | 4.95% | 5.03% | N/A |
EAST ORLANDO HOME BUYERS:
There are still plenty of homes currently listed at or below current market value, and with rates still low and a tax credit available, now is a great time to buy in East Orlando. Email me at WaterfordLakes@yahoo.com and lets go over the figures to find you the most home for the least amount of money!
EAST ORLANDO HOME SELLERS:
If you are serious about selling your home, contact me, Dawn Pratt, Realtor with Keller Williams Advantage II Realty, for a free comparative market analysis. Let me sell your home at a discounted brokerage fee and a listing agreement of 90 days. Just mention that you are a www.EastOrlandoLife.com reader. If you are unsatisfied with my performance, you may cancel our listing agreement at any time- no charge to you whatsoever.
My promise to you is to provide you with personalized service, consistent contact, and to do what it takes to reach our ultimate goal- to get your home sold!
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This blog is part of a monthly series about the foreclosure market in the Orlando area. My goal is to keep area home owners and buyers educated on how the REO market is recovering or if it is and what deals are out there for both First Time Home Buyers and Investors. Click the link to see Orlando's January Foreclosure Numbers. Florida 57,838 Bank Owned Homes in the State of Florida Orange Co 5,205 Bank Owned Homes in Orange County Seminole Co 927 Bank Owned Homes in Seminole County These numbers are said to be accurate as of 2/7/10 9:01 pm My predictions were right the foreclosure numbers are on the rise and up across the board from January. My prediction is the end of the 1st quarter going into the 2nd quarter numbers will be up over 50% from now.
Area Number of Homes
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Thinking about purchasing your first home in Orlando? Then read this First Time Home Buyer Guide to find out if you are ready to purchase your first house.
How do I know if I am ready to buy a home?
If you answer yes to all these questions then you maybe ready to purchase your first home.
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I thought this was pretty cool. 2 of our firm's Realtors were interviewed and quoted in the front page article of today's Orlando Sentinel. We have many short sale, foreclosure, and Orlando real estate experts working at our firm. It is great seeing them get the recognition they deserve for their knowledge and expertise.
Here is a direct link to the article: The rate of short sales vs foreclosures.
Both Fred Allen and Shaina Markulin have been with our firm for several years selling short sale and foreclosure properties throughout the Central Florida and Space Coast.
The article also contains a detailed map broken down by zip code showing the number of short sales and foreclosures during the 4th quarter of 2009. Check it out.
If you are interested in foreclosures or investment property in Central Florida it pays to consult with the experts at Sand Dollar Realty Group, Inc.
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I promise this will not be all that political - but I just LOVE the REAL America. The one that sets us apart from everyone else. What I'm about to tell you is a story of incredible entrepreneurship which was followed by an incredible find which in turn was followed by a challenge to kids and then the first of many acts of generosity. This story will end up with you doing the right thing to help provide college scholarships. This is America. The one I love. The one that doesn't require Government to tell us what to do; to hold our hand; to get in our way; to provide hand outs and to nanny us. This is the REAL America. I am going to give you the opportunity in a moment to grab yourself a piece of REAL American history, but first I have to start at the beginning (always a good place I feel). There is this wonderful local company called College Hunks Hauling Junk. Some of you who may be local will perhaps have heard of them and even know the next part of this story. The company was hired to clear out an abandoned storage unit. While doing their job they found a genuine treasure trove of American history in the form of sports memorabilia. The list of items includes autographed basketballs, hockey sticks and baseballs, including ones from Hall of Famers Hank Aaron, Willie Mays and Mike Schmidt (all authenticated). Now of course the company could have kept all the goodies for themselves and sold them for lots of money. But as I said at the beginning - this is a story of the REAL America. The one where we help our fellow citizens. Now all these items have been donated to Dr Phillips High School right here in Orlando - the High School where for the fifth year, I am coaching mens' and womens' tennis (so I am totally biased here!) and DP will be holding a silent auction for the items in a project called "Play it Forward". Let me give a few words to DP's remarkable Athletics Director, John Magrino: "With the extraordinary help of Lockheed Martin’s Jimmy Stewart, Dr. Phillips High School is auctioning off the items online to fund, hopefully, multiple scholarships for deserving student-athletes of the class of 2010…hence the name, “Play it Forward.” The auction itself will run for two weeks beginning Friday February 12th at 5:00 PM. All items are available for preview right now by going to the auction site at http://silentauction.verticalaps.com/index.asp?auction=9 . "None of this would be possible without the generosity of DP graduate Bradford MacGregor of College Hunks Hauling Junk, and our own Deb Wasylik, who submitted the required essay to the company when it was searching to donate the items for a worthy cause. We believe this is a most remarkable story and, with your support, we can assist several of our kids that truly need it." So there you have it. Your chance to own genuine American history AND help some deserving kids get to college in these troubled times. It doesn't get any better than that. Of course, you should also check out College Hunks Hauling Junk. I thank you, in advance, for validating their generosity and helping some remarkable student-athletes attend college. Bid high and bid often my friends! Picture of Willy Mays is a link from TsnToday.com
____________________________________________________________________________________________ (Copyright © 2010 By Simon L Conway All Rights Reserved.)
Simon Conway is the two-time winner of the FIVE STAR Best in Client Satisfaction for Real Estate Agents in the Orlando area. Please give me a call if you have questions about the Central Florida real estate market. You can reach me on 407 876 8200. Also visit my web site at www.simonconway.net or www.move2orlando.net
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
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