Hojin’s Southwest Orlando Real Estate Scoop

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 [...]

Popularity: 7% [?]

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

Popularity: 10% [?]

Popularity: 10% [?]

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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 of [...]

Popularity: 7% [?]

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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 selling [...]

Popularity: 8% [?]

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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, prices [...]

Popularity: 10% [?]

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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 [...]

Popularity: 7% [?]

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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 [...]

Popularity: 6% [?]

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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 [...]

Popularity: 10% [?]

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227 Acadia Terrace
Kissimmee, FL 34747
Offered at $1,800,000
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 designed by Robert [...]

Popularity: 9% [?]

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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 was a [...]

Popularity: 8% [?]

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