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A week or two ago, the nation's banks put America on notice that they intended to put their foreclosure inventory on hold while they sorted out their latest mess. Yesterday, amidst fears that their first round of news was about the cause a further decline in house values, the banks announced that everything was peachy with their inhouse procedures and that foreclosure sales would continue as usual. I doubt the crisis is over but I'll go with it for now.
In any case, it's good news for MetroWest Orlando real estate foreclosure sales, which currently run the gamut from single family homes to townhomes to condos. There are some great deals in every price bracket from $50K condo foreclosures to million dollar single family homes. There are also dozens of short sales which outnumber the bank reposessions in MetroWest about ten to one. For more information visit the Metro West Orlando real estate site at: MyMetroWestRealty.com
In other Metrowest Orlando news, last weekend saw the Isles in MetroWest fall festival which was a great idea but sadly was not so well attended. It was a beautiful day and there was no apparent reason for the lack of turnout, except no doubt, people just weren't feeling so neighborly.
Perhaps next year...
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The MetroWest subdivision of Orlando (32835), got a new site this month as the Orlando Real Estate Pros launched a new site aimed at helping buyers of MetroWest real estate.
The site focuses on Metro West single family homes but also has a condo section. The site's developer, Marcus Burke is a resident of MetroWest and says that MetroWest needed a real estate site that was dedicated to the subdivision.
"It seems that condos get all the attention these days," he said. "But the fact is that the real estate in MetroWest is pretty diverse with a good number of townhomes and high-end single family residences but because they are hidden behind the golf course, very few people are even aware of them."
The new Metro West site gives useful school information, highlights some of the best Metro West foreclosure deals and short sales, and also introduces the MetroWest Real Estate Blog for the latest local news & gossip. The Central Florida MLS can also be accessed via the site giving buyers the opportunity to browse MetroWest's real estate inventory from the comfort of their homes at no charge.
The launch of the new site comes hot on the heels of the new downtown Orlando condo site and more hyper local sites are planned for the future.
For more MetroWest home information and to obtain free foreclosure listings, call: 407-290-3408 or email: Info@MyMetroWestRealty.com
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Abingdon Hill is located off of Hiawassee Rd in the Metro West section of the Orlando real estate market. There has been 1 single family house sold in 2007. It sold for $250,000 and was 1,836 square feet. It took 49 days before it sold.
There is presently 0 houses that are pending closing.
There is 1 house on the market. It is 1,887 square feet with an asking price of $315,000.
Considering the amount of houses sold in 2007, the saturation rate, (the amount of time it will take to sell all of the houses in a specific area assuming that no other houses are listed in that area) would be 12 months which is lower than the average for the Orlando real estate market.
If any additional information is required either log onto http://www.flatfeerealty.info/ and fill out the contact us or call 321-766-7176.
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Cinnamon Bay is located off of Hiawassee Rd in the Metro West section of the Orlando real estate market. There has been 0 single family houses sold in 2007.
There are presently 0 houses that are pending closing.
There are a total of 2 houses on the market. They range in size from 1,440 square feet to 1,509 square feet with asking prices ranging from $234,800 and $289,900.
Considering the amount of houses sold in 2007, the saturation rate, (the amount of time it will take to sell all of the houses in a specific area assuming that no other houses are listed in that area) can't be calculated since no houses were sold for the year.
If any additional information is required either log onto http://www.flatfeerealty.info/ and fill out the contact us or call 321-766-7176.
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