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Orlando, FL Real Estate News

By Walter DiLoreto, Real Estate Short Sale Specialist
(PHP Houses)
If you’ve got a move on your mind, you may be wondering whether you should wait to sell until mortgage rates come down before you spring into action. Here’s some information that could help answer that question for you.In the housing market, there’s a longstanding relationship between mortgage rates and buyer demand. Typically, the higher rates are, you’ll see lower buyer demand. That’s because some people who want to move will be hesitant to take on a higher mortgage rate for their next home. So, they decide to wait it out and put their plans on hold.But when rates start to come down, things change. It goes from limited or weak demand to good or strong demand. That’s because a big portion of the buyers who sat on the sidelines when rates were higher are going to jump back in and make t...
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By Walter DiLoreto, Real Estate Short Sale Specialist
(PHP Houses)
Some Highlights When it comes to the current housing market, there are some myths circling around right now. Some of the more common ones are that it’s better to wait for mortgage rates to fall or prices to crash. But there are others about the supply of homes for sale and down payments.  Let’s connect so you have an expert to help separate fact from fiction in today’s housing market.  Contact us:PHP Houses142 W Lakeview AveUnit 1030Lake Mary, FL 32746Ph: (407) 641-1531Fax: (407) 205-1951email: info@phphouses.comLet’s Connect:FacebookLinkedinTwitterInstagramThe information contained, and the opinions expressed, in this article are not intended to be construed as investment advice. The author does not guarantee or warrant the accuracy or completeness of the information or opinions contai...
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By Lisa Spalding, REALTOR, CDPE
(Casa Latino Four Corners, REALTOR, CDPE)
I keep an eye out for "Expired" listings in certain areas in order to contact those would-be Sellers to see if they are still interested in selling.  Expired listings are those that were For Sale with another agent and did not sell for one reason or another.  Typically, they don't sell because of Price but they may not sell because of Lack of Marketing by the agent or due to the Property Condition.  What I'm most concerned about today are a few listings that have not sold, possibly due to the Listing Agent doing a poor job simply with the MLS listing form.Well, I pulled a few Expireds today and I'm appalled by what I commonly see--Either scant information about the property, incorrect information about the property, or NO information about the property, all of which are a HUGE disservic...
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By Lisa Spalding, REALTOR, CDPE
(Casa Latino Four Corners, REALTOR, CDPE)
Here's a quick post to let you know how I can help you or anyone you might introduce to me.When K & R married two years ago, they took public vows and made a private vow as well:  They would be out of their rental home and into their own home THIS year/2007.  Now, they went on-line and asked for help finding a REALTOR(r) and already had a mortgage company picked out.  They had also saved a substantial amount of money for a down payment and for closing costs, which many first-time Buyers don't have the wherewithal to do!  Once I met with them, it was clear to me that they were entirely focused on purchasing a home in Colonialtown in Orlando.  Truly, they were FIERCE savers when it came to saving for their downpayment; they only ate home-prepared meals and put every cent into the bank.  A...
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By Lisa Spalding, REALTOR, CDPE
(Casa Latino Four Corners, REALTOR, CDPE)
Well, 2007 has been interesting, to say the least.  There have been a lot of changes in real estate in general and, specifically, some industry professionals have decided to throw in the towel--but not everyone will!  So, I just wanted to share with you what a teacher in a graduate class shared with me.  She made us students at the time buy a book for her class called "Crisis," with the Chinese character for the word "crisis."  Of course, we wrote a lot of papers about what was contained within that book--specifically, how to deal with a crisis or a problem.  The left-most character (below) was emblazoned on the front of the book.    The right-hand character (above) is the Chinese chracter for danger or "opportunity."  So, think about it--crisis AND opportunity.  These two Chinese chara...
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I have written to Commissioner Linda Stewart for an update on the progress of Innovation Way. In a nutshell, I was informed that: the widening of Alafaya Trail will begin during 2009 Innovation Way will stop short 800ft north of the Beachline and will be complete December 2008 Innovation Way/Beachline Interchange is projected to begin 2009 and be complete in 2011 Innovation Way from the Beachline to the 417 is projected to be complete some time between 2012 and 2017 Here is the reply I received from her aide, Sandra Patricia Camacho:Mayor Crotty's 2005 State of the County Address, "Blueprint for Orange County's Future", outlined a vision for a high technology corridor in east Orange County extending from the University of Central Florida to the Orlando International Airport. Innovation ...
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By Rhonda Pavone
(Re/Max 2000)
When a buyer finds a home that they like and they decide to put in an offer and the offer is accepted, does the bank use a"short sale" comp?  Homes that were sold through a "short sale" could hurt those great offers.  Does "short sale" homes drive property taxes down?   Appraisers these days must have a difficult time determining property value.  Does any one else have information to share about "short sales"? 
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By Rhonda Pavone
(Re/Max 2000)
When a buyer finds a home that they like and they decide to put in an offer and the offer is accepted, does the bank use a"short sale" comp?  Homes that were sold through a "short sale" could hurt those great offers.  Does "short sale" homes drive property taxes down?   Appraisers these days must have a difficult time determining property value.  Does any one else have information to share about "short sales"? 
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By Dawn Pratt, East Orlando Real Estate
See Updated Report for East Orlando - click hereRecommendation: If you're buying a home, it is important that you work closely with a highly-motivated agent, like myself, who understands what's going on with the real estate market and local economy. I will be able to advise you on how to get the most for your money and what homes you may want to avoid, as there are homes on the market that are not priced at their fair market value. If you're selling your home, it's also important that you work closely with a highly-motivated agent who understands what's going on with the market and local economy. Your goal is to net top dollar - which you may not achieve if you over price or under price your home. I offer a free consultation on whether it's a good time to buy or sell and what factors to...
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By Brady Pevehouse, Your Orlando Real Estate Professional
(RE/MAX Downtown)
As of Sunday, 12/16/2007 Market Update In the 32828 zip code which is located in South East Orlando, within 20 minutes of downtown Orlando, 40 minutes to Walt Disney World, and 40 minutes to Cocoa Beach Florida (Orlando’s Beach) This area includes Waterford Lakes, Avalon Park, Stoneybrook East and Eastwood, all mixed communities with single family homes, condos, town homes and apartments all near the Waterford Lakes shopping center, which continues to grow at an astounding pace. What’s for sale? There are 877 properties for sale Of those 877 properties there are 701 houses and 176 other types of homes             Of those 877 properties there are 100 properties in some state of Foreclosure             Of these 100 properties there are 86 houses and 14 other types of homes What has sold...
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By Lisa Spalding, REALTOR, CDPE
(Casa Latino Four Corners, REALTOR, CDPE)
There is so much MISINFORMATION in real estate and so many rules/regulations/guidelines/etc. that people either know or don't know and eventually get confused about that it hurts my brain to think about it and certain things can actually IMPEDE me from helping Buyers/Sellers to the best of my ability.  In this particulr instance, I could choose to be frustrated or I could choose NOT to be frustrated.  I'm probably just going to choose to tell it like it is:  I can't help you with the purchase of a house if another agent or REALTOR showed you the house (unless it's at an Open House, in which case just tell the agent that you HAVE an agent and give them your agent's card and they MUST back off and not bother you or try to get you as a customer).  There is something called procuring cause,...
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By Heather the Realtor Orlando, Lake Mary, First Time Home Buyers, Bank Owned Homes
(LemonTree Realty)
Florida is the country’s most popular winter vacation spot, well-known for its most famous host, Mickey Mouse, spring-break parties, and great beaches. But if you’re looking for more than a party and a tan, Florida is trendy and culturally diverse with attractions for every passion. Walt Disney may have begun the theme park revolution at Disneyland in southern California but the Florida resort that bears his name has helped the Orlando area become the world's theme park headquarters. With nine major parks and a slew of hotels, waterparks, restaurants and other diversions, the Central Florida region has changed the very notion of what it means to take a vacation. Why Invest in Orlando? The Orlando region is rapidly becoming one of the tech centers in the world The Orlando region added mo...
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By Brady Pevehouse, Your Orlando Real Estate Professional
(RE/MAX Downtown)
We have recently updated our Orlando Foreclosure List ~ No Registration RequiredCentral Florida Foreclosure List  East Orlando Homes       595 Listings          East Orlando Townhomes & Condos        175 ListingsWest Orlando Homes      446 Listings         West Orlando Townhomes & Condos       167 ListingsSeminole County Homes 216 Listings          Seminole County Townhomes & Condos  66 ListingsSE Orlando Homes           83 Listings         SE Orlando Townhomes & Condos           14 ListingsSE Orlando Homes and SE Orlando Townhomes & Condos includes Avalon Park, Waterford Lakes, Cypress Springs, and Eastwood properties currently in some state of foreclosure. We invite you to visit our website regarding Foreclosures in Central Florida, and or visit our Orlando Foreclosures List.We have f...
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By Christopher Myers, Greater Orlando and Central Florida Real Estate
(Orlando Property Group)
Orlando Florida Real Estate - Homes, Townhomes & Condos  Orlando Florida Real Estate Market Update - November, 2007Specializing in Orlando Real Estate, Orange County Real Estate and Seminole County Real Estate in FloridaWelcome to the beautiful city of Orlando, Florida. Sprawling over the central peninsula of Florida, Orlando and its surrounding cities are some of the most attractive places to live, work, and play in the country. The natural landscape is sprinkled with pristine lakes and provides an enormous amount of outdoor recreational activities from water sports to hiking to relaxing in any of the numerous parks. Orlando and the surrounding cities in central Florida, enjoy a warm subtropical climate with plenty of sunshine and low rainfall. To either side sit the astounding beaches...
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By Lisa Spalding, REALTOR, CDPE
(Casa Latino Four Corners, REALTOR, CDPE)
Well, well, well.  It's the end of the year.  My desk, up until yesterday, was a complete and total disaster--according to my broker.  That's what he thought and that's actually what it looked like.  I was gently asked to please clean up the mess.  BUT I knew where everything was and could locate anything requested in a timely manner--usually under a minute.  Now, though, it's the end of the year and I've decided to put it to rights and organize.  So I just cleaned everything out, threw things away that I was just keeping for no apparent reason, dumped a BUNCH of stuff in my car, and am a good ways into organizing...  But, the real story is:  I have been told that a disoganized desk is one of the signs of a disorganized mind.  I agree and disagree with that statement.  Could it also mea...
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By Carey Light, Light Team of Wemert Group Realty
(Wemert Group Realty)
 So...what's up with SODO?  Sodo, aka "South of Downtown Orlando" is our Central Florida take on SOHO, a trendy urban development in Manhattan.  Construction is well underway on this 22-acre mixed-use development featuring 370,000 square feet of restaurant/retail, 300 luxury retail units, and approximately 75,000 square feet of office space.Current tenants include Super Target, TJ Maxx, a 50,000 square foot 24-hour Health Club, and an array of national brands, local boutique, contemporary restaurants and outdoor cafes.  Additionally, one can expect an ample supply of service-oriented retailers including banks and other service providers.This urban infill project promises to dress up the southern edge of downtown Orlando, making a strong connection to a thriving medical community and mak...
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Their 5th Annual Pink Ribbons For Life Event I was recently contacted by a friend who knows I blog about special events here in Central Florida and he asked me if I could blog about this event. What he didn't know was how so many people here at Active Rain, during the month of October supported National Breast Cancer Awarness month! He had no idea that over 50% of us had pinked our photos and put pink ribbons on them. He had no clue he was asking the perfect person to post about a fund raising event to help raise money to fight breast cancer.  This morning I contacted the President of the Chrome Angels to let her know I was here to help, I asked her what she needed and she said right now they need sponsors. The Pink Ribbons for Life Ride begins at 3 different Central Florida locations a...
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By Judy Chapman
(Referral Network of Illinois LLC)
When pricing your house, it’s important to note that the lower the price, the more buyers you will attract. As noted in the graphic below – Pricing home 15% above market value attracts 10% of buyers Pricing home 10% above market value attracts 30% of buyers Pricing home at market value attracts 60% of buyers Pricing home 10% below market value attracts 75% of buyers Pricing home 15% below market value attracts 90% of buyers
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By Jeffrey Johnson, Home Staging Pros Orlando FL.
(Home Staging Pros. Orlando Fl. 32801)
Please sign up for Home Staging Design Pros news letter and stay connected to a great source for news and events in the Orlando area! Sign up for our Email Newsletter For Email Marketing you can trust
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By Jeffrey Johnson, Home Staging Pros Orlando FL.
(Home Staging Pros. Orlando Fl. 32801)
Stay in touch with the latest new and events by signing up for HSDPros new letter.  
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