According to a report from the Census Bureau, the nation’s builders production in May is up 17.2%. Building permits have also seen an increase of 4%. This is a sure sign that the real estate market and the economy general is starting to recover.
The outlook for home sales has been slowing improving largely due to the implementation of the first-time home buyer tax credit, gains in housing affordability and lower interest rates.
If you are interested in new home construction or getting more information on the first-time home buyer credit, contact Karen Arbutine and Associates today at 888.727.7778.
Karen Arbutine with Re/Max Central Realty is featured in the June 2009 issue of Orlando Magazine as being one of Real Estate's Hot 100 Realtors.
The top 100 realtors chosen have fought their way through the the tough economic times by perseverance and hard work. Their sales continue to stay up as they continue to secure excellent deals for their clients.
Other factors Orlando Magazine looked at for selecting the top 100 include data on sales volume, value of sales, number of sales, number of listings and value of listings.
Property Listing Activity - Lake Mary FL
Active Homes on the Market 461
Pending Homes 87
Sold Homes 81
Average List Price$356,667
Average Sales Price $249,468
Average Days on Market 185
Property Listing Activity - Heathrow FL
Active Homes on the Market 30
Pending Homes 7
Sold Homes 8
Average List Price $457,111
Average Sales Price $449,937
Average Days on Market 198
Property Listing Activity - Sanford FL
Active Homes on the Market 687
Pending Homes 131
Sold Homes 104
Average List Price $275,146
Average Sales Price $205,687
Average Days on Market 188
Property Listing Activity - Longwood FL
Active Homes on the Market 557
Pending Homes 86
Sold Homes 76
Average List Price $434,594
Average Sales Price $268,677
Average Days on Market 194
Property Listing Activity - Windermere FL
Active Homes on the Market 627
Pending Homes 133
Sold Homes 83
Average List Price $1,116,460
Average Sales Price $500,318
Average Days on Market 243
*Source: MLS 1st Qtr 2009 / Single Family Homes / Condos
If you're in the market to buy or sell real estate, please contact Karen Arbutine & Associates @ 1.888.727.7778 for a private consultation.
Congratulations to Karen Arbutine with RE/MAX Central Realty for achieving the #4 spot among the Top Performing Residential Teams in the RE/MAX Florida Region for the month of December 2008.
Her contribution to RE/MAX International’s record-breaking success is recognized and admired throughout the RE/MAX Florida Region. Her outstanding achievement serves as a powerful model of professionalism for each and every Sales Associate on the RE/MAX team.
In its efforts to stimulate the economy and revive the housing market, Congress has enacted legislation providing a tax credit of up to $8,000 for first-time home buyers.
Time is of the essence for buyers who want to take advantage of this opportunity. Only homes purchased on or after January 1, 2009 and before December 1, 2009 are eligible.
If you are a first-time home buyer and would like to get pre-qualified contact Karen Arbutine and Associates today at 888.727.7778 to get started.
I have the experience you need, the integrity you can trust and an earned reputation as a RE/MAX real estate professional.
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