Entries by virusinfected

ORLANDO HOUSING MARKET REPORT – JANUARY 2017

Orlando home sales increase 2 percent as median price jumps 11 percent in January The Orlando housing market experienced increases in both median price and sales in January, while the pool of homes available for purchase shrank by 21 percent in comparison to January of last year.

Orlando Housing Market Snapshot – May 2016

Median Price *The median price of all existing homes combined sold in May 2016 — $203,000 — is a 12.15 percent increase from the $181,000 median price recorded in May 2015, and a 5.73 percent increase compared to April 2016. *The median price for “normal” existing homes sold in May is $214,000, an increase of […]

Orlando Housing Market-November 2016

Orlando Housing Market-November 2016  Median Price *The median price of all existing homes combined sold in November 2016 — $200,000 — is an 8.70 percent increase from the $184,000 median price recorded in November 2015, and is 2.44 percent below the October 2016 median price of $205,000. *The median price for “normal” existing homes sold […]

Orlando Housing Market Snapshot – August 2016

Median Price *The median price of all existing homes combined sold in July 2016 — $205,383 — is a 12.04 percent increase from the $183,310 median price recorded in July 2015, and a 0.78 percent decrease compared to June 2016. *The median price for “normal” existing homes sold in July is $217,000, an increase of […]

Orlando Housing Market Snapshot-September 2016

Orlando home sales jump 7 percent; median price rises 14 percent as inventory continues downward slide Sales of homes in Orlando experienced a year-over-year increase of 7.32 percent for the month of August, reports the Orlando Regional REALTOR® Association. The jump occurred amid yet another double-digit decrease in inventory, which continues to contribute to the […]

Orlando Housing Market Snapshot – June 2016

Median Price *The median price of all existing homes combined sold in June 2016 — $207,000 — is a 15.00 percent increase from the $180,000 median price recorded in June 2015, and a 1.97 percent increase compared to May 2016. *The median price for “normal” existing homes sold in June is $215,000, an increase of […]

Hire inspector even for a newly built home

FORT LAUDERDALE, Fla. – June 24, 2016 – Question: I’m having a home built, and the closing is in two weeks. Although our formal walk-through is next week, I’ve already identified several items that need correction or repair. If the builder refuses to make the appropriate repairs/corrections, what recourse do I have? – Ed

Disney sells more Flamingo Crossings land

Disney-owned land just west of Walt Disney World at the growing Flamingo Crossings development has a new owner. Orlando Hotel Groups LLC, a Pembroke Pines-based company doing business as Orlando Gateway Hotel Group LLC, purchased more than 7 acres of a larger 158-acres parcel of land from Flamingo Crossings LLC, an entity related to The […]

Orlando Housing Report-March 2016

Median Price *The median price of all existing homes combined sold in March 2016 — $195,000 — is a 10.12 percent increase from the $177,075 median price recorded in March 2015, and a 5.41 percent increase compared to February 2016. *The median price for “normal” existing homes sold in March is $203,970, a tiny decrease […]