Hojin's SW Orlando Real Estate Scoop

Real Estate News for Dr. Phillips, Windermere, Gotha, Celebration, Winter Garden, Ocoee, Clermont, Metrowest

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Entries from July 2007

Prices for Homes in Orlando See Steeper Price Declines than the Rest of the Florida Housing Market

July 26th, 2007 · Comments Off on Prices for Homes in Orlando See Steeper Price Declines than the Rest of the Florida Housing Market

Statewide sales of existing single-family homes and condominiums continued to slide, as did the home values, the Florida Association of Realtors reported Wednesday. Existing Florida single-family homes sales totaled 12,954 in June, a 30 percent decrease from the 18,607 homes sold in June 2006. Florida condo sales, meanwhile, fell by 28 percent, from 5,532 in […]

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Tags: Market Forecast · Market Statistics

Real Estate Activity by Price Range in Orlando

July 20th, 2007 · Comments Off on Real Estate Activity by Price Range in Orlando

So which price ranges have been seeing the most activity in the Orlando real estate market? For single family homes the price range with the most activity are $200,000 to $500,000. For condos the most active price range is between $140,000 and $300,000. For townhomes the range is $160,000 – $300,000. For a complete list […]

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Tags: Market Statistics

Median home price rises to $253,000 in July according to the Orlando Regional Realtor Assocation Data

July 20th, 2007 · Comments Off on Median home price rises to $253,000 in July according to the Orlando Regional Realtor Assocation Data

The median price of a home purchased in Orlando in June of this year increased to $253,000, a 1.61 percent increase over June 2006’s median price of $249,000. (Last month, the median price rose to $250,000 after experiencing a drop in April to $242,100.) In addition the latest data revealed that inventory growth slowed from […]

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Tags: Market Statistics

Foreclosures drift to Sun Belt from Rust Belt according to CNN June 19, 2007

July 20th, 2007 · Comments Off on Foreclosures drift to Sun Belt from Rust Belt according to CNN June 19, 2007

For sheer volume, housing foreclosures across the nation appear to be moving from the Rust Belt to the Sun Belt. A study for CNNMoney.com by RealtyTrac, an online marketer of foreclosure properties, showed that 139 of California’s ZIP codes fell within the top 500 for total foreclosure filings in the United States. The next highest […]

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Tags: Market Statistics

Orlando Real Estate Makes S&P List of Top 50 Markets for Dropping Values in the Next 2 Years

July 19th, 2007 · 1 Comment

A new report projects home-price declines for the next two years. The riskiest markets are in Florida, California, Nevada and Arizona. Here’s how to ride out the hard times. As if the housing market isn’t bleak enough. The Standard & Poor’s Schiller Case Home Price Index reported in late June that home prices dropped more […]

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Tags: Market Forecast · Market Statistics