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 2008

Case Shiller Shows Decline to 2004 Levels

July 29th, 2008 · Comments Off on Case Shiller Shows Decline to 2004 Levels

The numbers for the S&P Case Shiller Index were released today and they weren’t good. It revealed that home prices throughout the country have dropped down to 2004 levels. The 20 city index fell 15.8% from a year ago and the 10 city index fell 16.9%. Las Vegas saw the worst declines with prices dropping […]

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Tags: Market Statistics

Real Estate Market Prediction for 2009

July 29th, 2008 · Comments Off on Real Estate Market Prediction for 2009

The director of USC’s program for real estate development, Raphael Bostic, makes a prediction for the real estate market in 2009.

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Tags: Market Forecast

Diamond Cove Real Estate Stats

July 29th, 2008 · 2 Comments

Diamond Cove is a popular community in Dr. Phillips with homes built in the mid 90’s. I’m particularly fond of the David Weekley plans in this development but the Engel plans aren’t too shabby either. The most desirable homes in this community back up to Sparkling Lake which is a gorgeous natural lake with lots […]

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Tags: Market Statistics by Neighborhood

A Dr. Phillips Real Estate Broker Accused of Fraud

July 28th, 2008 · 4 Comments

Holy smokes! One constant throughout my real estate career is that there’s always surprises and today is no exception. I just heard that a long time real estate pro here in Dr. Phillips has been arrested for fraud. Patrick Torre, the broker of Tower Realty Group on 5008 Dr. Phillips Blvd., was taken in for […]

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Tags: SW Orlando Bulletin

Should You Buy a Foreclosure or a Short Sale?

July 26th, 2008 · 2 Comments

I’ve been showing quite a few properties here in SW Orlando lately, and many of them have been short sales and foreclosures. I think few consumers really don’t have a firm grasp on what differentiates a short sale from a foreclosure, so I figured it would be a good topic for today. First of all, […]

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Tags: Foreclosures · Real Estate Tips

Mayor Dyer Proposes to Nullify Property Tax Savings from Amendment 1 in Orlando

July 23rd, 2008 · Comments Off on Mayor Dyer Proposes to Nullify Property Tax Savings from Amendment 1 in Orlando

Our wonderful Mayor Buddy Dyer recently proposed a property tax rate increase for Orlando homeowners to cover a part of the $30 million budget shortfall that the city is currently facing. With the increase, he’s basically eliminating all the savings to Orlando homeowners from passage of Amendment 1 earlier this year. He claims this increase […]

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Tags: SW Orlando Bulletin

Congratulations Jim and Jeremy

July 23rd, 2008 · 4 Comments

Congratulations to Jim and Jeremy on their new home in Falcon Trace. We found a beautiful place to call home and even a place for their baby grand. They’re both musicians and having a place to let their creativity flow was important to them. I’m sure wherever it sits, they’ll be facing the gorgeous water […]

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Tags: Hojin's Customers

What Needs to Happen for the Real Estate Market to Stabilize in Orlando?

July 16th, 2008 · Comments Off on What Needs to Happen for the Real Estate Market to Stabilize in Orlando?

The real estate market in Orlando has seen one of the worst declines ever in recent years, and many are wondering when the market will turn around. The market here needs to decrease the disparity between prices and rental rates, keep home prices affordable with local wages, slow the rate of price declines, and reduce […]

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Tags: Market Forecast · Market Statistics · Real Estate Tips

New Home For Sale in Celebration

July 15th, 2008 · 1 Comment

227 Acadia Terrace Kissimmee, FL 34747 Offered at $1,599,999 Impeccable quality and phenomenal craftsmanship defines this French Provincial estate built by Goehring and Morgan located on one of the largest lots available in Celebration adjoining a wooded preserve that provides privacy and views of the green on the 15th hole at the Celebration Golf Club […]

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Tags: Featured Homes · Luxury Homes

Congratulations Eric

July 11th, 2008 · 1 Comment

Congratulation to Eric on his new home at 5555 Pitch Pine Drive in the Hidden Springs subdivision. We found a Countrywide foreclosure that was priced well below comparable properties in the Dr. Phillips area and it allowed him to get into a neighborhood that’s generally out of his price range. Looking for homes with Eric […]

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Tags: Hojin's Customers