Sanford, FL Real Estate News

By Walter DiLoreto, Real Estate Short Sale Specialist
(PHP Houses)
Buying a home is a major life decision. That’s true whether you’re purchasing for the first time or selling your house to fuel a move. And if you’re planning to buy a home, you might be hearing about today’s shifting market and wondering what it means for you.While mortgage rates are higher than they were at the start of the year and home prices are rising, you shouldn’t put your plans on hold based solely on market factors. Instead, it’s necessary to consider why you want to move and how important those reasons are to you. Here are two of the biggest personal motivators driving people to buy homes today.A Need for More SpaceMoving.com looked at migration patterns to determine why people moved to specific areas. One trend that emerged was the need for additional space, both indoors and ...
Comments 1
By Rob Arnold, Metro Orlando Full Service - Investor Friendly & F
(Sand Dollar Realty Group, Inc.)
Check out these 2 parcels in south Sanford FL 32773.  Cleared, buildable, platted lots and located on a paved road.  Utilities are available at the street including electric, water, and sewer.  You can build 6 homes on 75' wide parcels here with the MR2 zoning.  The pond area will need to be filled.  This property is for sale on our site at https://sdrhouses.com .   
Comments 3
By Walter DiLoreto, Real Estate Short Sale Specialist
(PHP Houses)
Some Highlights If you’re deciding whether you should make updates before you sell your house, lean on your trusted real estate advisor to be your guide. In today’s sellers’ market, buyers have limited options and may be more willing to take on repairs themselves. If you’re thinking about selling your house, let’s connect so you have expert advice that’s customized to your home and our local area. Contact us:PHP Houses142 W Lakeview AveUnit 1030Lake Mary, FL 32746Ph: (407) 519-0719Fax: (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 opi...
Comments 4
By Walter DiLoreto, Real Estate Short Sale Specialist
(PHP Houses)
Some Highlights If you’re thinking about selling your house this season, focusing on a few quick and easy updates outside can help your home look its best. 78% of real estate agents polled say poor landscaping affects property values. As a seller, that means your yard could impact your bottom line. When getting your house ready to sell, let’s connect to discuss what you should do to make sure your house shows well and catches the eyes of more potential buyers.  Contact us:PHP Houses142 W Lakeview AveUnit 1030Lake Mary, FL 32746Ph: (407) 519-0719Fax: (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 ...
Comments 6
By Walter DiLoreto, Real Estate Short Sale Specialist
(PHP Houses)
Even if you haven’t been following real estate news, you’ve likely heard about the current sellers’ market. That’s because there’s a lot of talk about how strong market conditions are for people who want to sell their houses. But if you’re thinking about listing your house, you probably want to know: what does being in a sellers’ market really mean?What Is a Sellers’ Market?The latest Existing Home Sales Report from the National Association of Realtors (NAR) shows housing supply is still very low. There’s a 2-month supply of homes at the current sales pace. Historically, a 6-month supply is necessary for a normal or neutral market where there are enough homes available for active buyers. That puts today deep in sellers’ market territory (see graph below): What Does This Mean for You Whe...
Comments 2
By Walter DiLoreto, Real Estate Short Sale Specialist
(PHP Houses)
If you’re following along with the news today, you’ve likely heard about rising inflation. You’re also likely feeling the impact in your day-to-day life as prices go up for gas, groceries, and more. These rising consumer costs can put a pinch on your wallet and make you re-evaluate any big purchases you have planned to ensure they’re still worthwhile.If you’ve been thinking about purchasing a home this year, you’re probably wondering if you should continue down that path or if it makes more sense to wait. While the answer depends on your situation, here’s how homeownership can help you combat the rising costs that come with inflation.Homeownership Offers Stability and SecurityInvestopedia explains that during a period of high inflation, prices rise across the board. That’s true for thin...
Comments 4
By Walter DiLoreto, Real Estate Short Sale Specialist
(PHP Houses)
If you’re planning to buy a home this season, you’re probably thinking about what you’ll need to do to get your offer accepted. In previous years, it was common for buyers to try and determine how much less than the asking price they could offer to still get the home. The buyer and seller would then negotiate and typically agree on a revised price that was somewhere between the buyer’s bid and the home’s initial asking price. In today’s real estate market, buyers shouldn’t shop for a home with the same expectations. Things Are Different Today Today’s housing market is anything but normal. According to the National Association of Realtors(NAR), the average home that’s sold today: Receives 4.8 offers Sells in just 17 days Homes selling quickly and receiving multiple offers shows how comp...
Comments 6
By Walter DiLoreto, Real Estate Short Sale Specialist
(PHP Houses)
Some Highlights If you’re planning to buy or sell a home today, it’s important to be aware of common misconceptions. Whether it’s timing your purchase as a buyer based on home prices and mortgage rates or knowing what to upgrade or repair before listing your house as a seller, it takes a professional to guide you through those decisions. 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) 519-0719Fax: (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 c...
Comments 3
By Walter DiLoreto, Real Estate Short Sale Specialist
(PHP Houses)
Homeownership has become a major element in achieving the American Dream. A recent report from the National Association of Realtors (NAR) finds that over 86% of buyers agree homeownership is still the American Dream.Prior to the 1950s, less than half of the country owned their own home. However, after World War II, many returning veterans used the benefits afforded by the GI Bill to purchase a home. Since then, the percentage of homeowners throughout the country has increased to the current rate of 65.5%. That strong desire for homeownership has kept home values appreciating ever since. The graph below tracks home price appreciation since the end of World War II:The graph shows the only time home values dropped significantly was during the housing boom and bust of 2006-2008. If you look...
Comments 2
By Walter DiLoreto, Real Estate Short Sale Specialist
(PHP Houses)
In the last few weeks, the average 30-year fixed mortgage rate from Freddie Mac inched up to 5%. While that news may have you questioning the timing of your home search, the truth is, timing has never been more important. Even though you may be tempted to put your plans on hold in hopes that rates will fall, waiting will only cost you more. Mortgage rates are forecast to continue rising in the year ahead.If you’re thinking of buying a home, here are a few things to keep in mind so you can succeed even as mortgage rates rise. How Rising Mortgage Rates Impact YouMortgage rates play a significant role in your home search. As rates go up, they impact how much you’ll pay in your monthly mortgage payment, which directly affects how much you can comfortably afford. Here’s an example of how eve...
Comments 3
By Walter DiLoreto, Real Estate Short Sale Specialist
(PHP Houses)
With today’s real estate market moving as fast as it is, working with a real estate professional is more essential than ever. They have the skills, experience, and expertise it takes to navigate the highly detailed and involved process of selling a home. That may be why the percentage of people who list their houses on their own, known as a FSBO or For Sale By Owner, has reached its lowest point since 1985 (see graph below): Here are five reasons why selling with a real estate professional makes more sense, even in today’s hot market: 1. They Know What Buyers Want To SeeBefore you decide which projects and repairs to take on, connect with a real estate professional. They have first-hand experience with today’s buyers, what they expect, and what you need to do to make sure your house sho...
Comments 2
By Walter DiLoreto, Real Estate Short Sale Specialist
(PHP Houses)
Some Highlights Due to low supply and high demand, today is one of the strongest sellers’ markets we’ve seen. Sellers can benefit from more offers to pick from, higher home values, and a faster sales process. There’s a reason why 72% of people believe it’s a good time to sell. Don’t miss out on this unique opportunity. Let’s connect so you can take advantage of this hot sellers’ market. Contact us:PHP Houses142 W Lakeview AveUnit 1030Lake Mary, FL 32746Ph: (407) 519-0719Fax: (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 conta...
Comments 3
By Walter DiLoreto, Real Estate Short Sale Specialist
(PHP Houses)
Based on the Primary Mortgage Market Survey from Freddie Mac, the average 30-year fixed-rate mortgage has increased by 1.2% (3.22% to 4.42%) since January of this year. The rate jumped by more than a quarter of a point from just a week ago. Here’s a visual to show how mortgage rate movement throughout 2021 was steady compared to the rapid increase in mortgage rates this year:Just a few months ago, Freddie Mac projected mortgage rates would average 3.6% in 2022. Earlier this month, Fannie Mae forecast mortgage rates would average 3.8% in 2022. As the chart above shows, rates have already surpassed those projections.Sam Khater, Chief Economist at Freddie Mac, explained in a press release last week:“This week, the 30-year fixed-rate mortgage increased by more than a quarter of a percent as...
Comments 2
By The Legacy Group, The LegacyGroup of CrossCountry Mortgage
(CrossCountry Mortgage)
Veteran’s Home Loans for Sanford FloridaIf you are reading this, you or a family member have likely served in our military.  First off, we would like to say a sincere “Thank You” for your service!  We recognize that not only do our Veterans sacrifice by serving, but their families do as well-, and we owe you all a debt of gratitude!One of the best benefits Veterans and their families receive due to their service to our great country is the VA home loan benefits.  We are going to outline just a few of these significant benefits in this article for you. Here are some of the major benefits you may receive by using your VA home loan benefits:*100% financing available- one of the very few loans available with no down payment!*Lower rates available than most loan programs- which saves you mon...
Comments 0
By Rob Arnold, Metro Orlando Full Service - Investor Friendly & F
(Sand Dollar Realty Group, Inc.)
I buy houses Sanford Florida   407-739-5773    www.WeBuyHousesFlorida.com ® .  Creative problem solving to deal with your unique situation. Cash offer with minimal contigencies. Close on the date of your choice - as quickly as 2 weeks. Any condition - from ugly to beautiful. Fire, sinkhole, and storm damage homes are ok. Any area of Florida. All situations - foreclosure, divorce, relocating, inheritance, tenant problems, etc. Also, I have a Florida real estate license.  So if our price and terms are not what you are looking for, our team can put together a professional marketing plan to sell your house for top dollar.  Either way, we want to help you get that house sold quickly.  Please pick up the phone or fill out the "contact us" form on our website.  Let's make a deal.  407-739-5773...
Comments 0
By Torey Eisenman, Realtor Luxury Marketing Orlando Real Estate
(Benchmark Real Estate Group, Inc.)
2105 S Park Ave, Sanford, FL Description Photos Maps & Local Schools Print Brochure My Reviews Follow This Property! Sanford Homes for Sale Sanford Homes For Sale Search for Homes on MLS Homes Close to Where You Work Avoid Foreclosure Free Home Values Presented By: Torey Eisenman Broker Benchmark Real Estate Group, Inc 407-230-6836 Licensed In: FL License #: BK0544770   Schedule a Showing/Request Info $ Click for current price1,550 SQUARE FEET Business Owners Dream!! Purchase your commercial building in The flourishing City of Sanford. This commercial building is ready for a new owner. Minutes away from St. Johns river and historic downtown Sanford. Bring your imagination. This building has several USES can be used as a medical office, med-spa, daycare, educational facility, retail sal...
Comments 0
By Torey Eisenman, Realtor Luxury Marketing Orlando Real Estate
(Benchmark Real Estate Group, Inc.)
614 E 14th St, Sanford, FL Just Sold Description Photos Maps & Local Schools Print Brochure My Reviews Just Sold! Get the Info! Sanford Homes for Sale Sanford Homes For Sale Search for Homes on MLS Homes Close to Where You Work Avoid Foreclosure Free Home Values Presented By: Torey Eisenman Broker Benchmark Real Estate Group, Inc 407-230-6836 Licensed In: FL License #: BK0544770   Schedule a Showing/Request Info $ Click for current price3 BEDROOMS | 2 (2 full ) BATHROOMS | 1,268 SQUARE FEET This home has charm with the luxury of a new roof, flooring and recently painted. Foyer entrance welcomes you into a living room with volume ceilings. The inside is light and bright. The kitchen opens to a covered patio with a large fenced yard. Master suite is in the back of the home with its own m...
Comments 1
By Dee Toohey, Broker, ABR, AHWD, CIPS, FMS, ePro
(Innovative Realty Solutions Group)
Here are the Sanford, Florida 30 day real estate stats.  Give me a call to chat!  Status: Active (242)     Beds Baths SqFt Heated List Price LP/SqFt Close Price SP/SqFt DTC DTCL ADOM CDOM SP/LP Ratio Min 2 1 672 $24,999 $14.76 - - - - 1 1 - Max 8 9 9,239 $2,699,900 $598.04 - - - - 948 948 - Avg 4 3 2,532 $386,400 $141.58 - - - - 99 113 - Median 4 3 2,279 $299,950 $129.73 - - - - 57 67 -   Status: Pending (70)     Beds Baths SqFt Heated List Price LP/SqFt Close Price SP/SqFt DTC DTCL ADOM CDOM SP/LP Ratio Min 1 1 717 $49,900 $36.44 - - 2 - 2 2 - Max 5 7 6,107 $849,000 $228.93 - - 391 - 390 466 - Avg 4 2 2,062 $229,326 $106.39 - - 62 - 52 56 - Median 3 2 1,853 $184,950 $107.94 - - 34 - 30 31 -   Status: Sold (76)     Beds Baths SqFt Heated List Price LP/SqFt Close Price SP/SqFt DTC DTCL A...
Comments 2
By Torey Eisenman, Realtor Luxury Marketing Orlando Real Estate
(Benchmark Real Estate Group, Inc.)
Listings to Leads - eFlyers   FOR LEASE     Sanford FL Home For Rent - 125 N Virginia Ave   Description Photos Maps & Local Schools Print Brochure       Sanford Homes for Sale   125 N Virginia Ave Sanford, FL 32771   Bedrooms: 4 | Bathrooms: 3 full, 1 half | List Price: $ Get Current Price | 2,950 square feet     Price Reduced! Enjoy beautiful sunsets and fishing right in your own backyard!! Right along the shoreline of Lake Monroe, a great rental for water lovers! This property has everything, on over a 1/2 acre with 3000 sq ft, 4 bedrooms, 3 1/2 baths, saltwater pool with diving board, spa and pool fully enclosed for privacy. The pool deck is 2500 sq ft so you will have plenty of room for entertaining!Call Torey Eisenman at 407-230-6836 to schedule a showing today!   Follow This Home!...
Comments 1
By Dee Toohey, Broker, ABR, AHWD, CIPS, FMS, ePro
(Innovative Realty Solutions Group)
Here is the 30 day, single family home stats report for Sanford, Florida.  Sanford is located in Seminole County, Florida and consists of small, older homes up to very large and newer homes.  The diverse properties that exists provides something for every budget and size.   Call me to chat!!   Status: Active (231)     Beds Baths SqFt Heated List Price LP/SqFt Close Price SP/SqFt DTC DTCL ADOM CDOM SP/LP Ratio Min 1 1 652 $8,200 $7.88 - - - - 2 2 - Max 8 9 8,111 $1,950,000 $590.28 - - - - 823 823 - Avg 4 3 2,683 $412,264 $139.23 - - - - 113 124 - Median 4 3 2,385 $325,000 $131.59 - - - - 72 78 - Status: Pending (72)     Beds Baths SqFt Heated List Price LP/SqFt Close Price SP/SqFt DTC DTCL ADOM CDOM SP/LP Ratio Min 1 1 725 $35,000 $26.26 - -   -     - Max 5 5 4,427 $749,000 $196.23 - - 4...
Comments 5