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 December 2008

Merry Christmas

December 25th, 2008 · Comments Off on Merry Christmas

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Tags: Uncategorized

Christmas Eve on Sesame Street

December 24th, 2008 · Comments Off on Christmas Eve on Sesame Street

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Tags: Uncategorized

Jaw Dropping Price on Celebration Estate for a Limited Time

December 23rd, 2008 · Comments Off on Jaw Dropping Price on Celebration Estate for a Limited Time

Oh my goodness. We dropped the price on 227 Acadia Terrace in Celebration again to $1,250,000. The seller is ready to sell and has dropped the asking price by $750,000 from the original asking price. Those of you looking for a good deal, this is it. It’s hitting you right upside the head. The seller […]

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Tags: Featured Homes

You Can Now Search the MLS on the SW Orlando Real Estate Scoop

December 23rd, 2008 · Comments Off on You Can Now Search the MLS on the SW Orlando Real Estate Scoop

For the past couple of years, it’s been a constant struggle to come up with new posts and features to improve this blog. As the real estate market began littering more and more foreclosures on the market, I added the Foreclosure Search feature that can be found below the Featured Homes section on the far […]

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Tags: SW Orlando Bulletin

Drastically Reduced Price on French Provincial Estate in Celebration

December 18th, 2008 · 2 Comments

The French Provincial estate located at 227 Acadia Terrace in the finest section of Celebration was drastically reduced yesterday to $1,450,000. This majestic estate situated on one of the largest lots available in Celebration offers a view of green on the 15th hole and a nature preserve. You have privacy and you get a golf […]

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Tags: Featured Homes

Finding the School That’s Just Right

December 18th, 2008 · Comments Off on Finding the School That’s Just Right

I just had a conversation with some prospective home buyers for Windermere today and they reminded me how important schools are in deciding where to live. Heaven knows you don’t want to end up in a school with buses like the one pictured here. I’m in the real estate business and not education, but there […]

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Tags: Schools

Top 10 Economic Predictions for 2009

December 17th, 2008 · 1 Comment

Nariman Behravesh of Global Insight recently released his predictions for 2009 and are as follows: 1. The US recession will be one of the deepest-if not the deepest in the post war period. The current downturn is well on its way to becoming the longest in the past six decades. Based on the December IHS […]

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Tags: Market Forecast

Home Prices Now Below Replacement Cost

December 17th, 2008 · Comments Off on Home Prices Now Below Replacement Cost

Today, I had a conversation with Natalie Pausch, a local appraiser who specializes in Dr. Phillips and Windermere,  and she happened to mention that many of her appraisals are now showing that homes in SW Orlando are priced below replacement cost using the cost approach which Natalie describes as the easiest to understand of the […]

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Tags: Market Forecast · Market Statistics

Home Buyer Preferences in Orlando

December 16th, 2008 · Comments Off on Home Buyer Preferences in Orlando

A good part of any business is figuring out what the buyer wants and a quick look at the 2008 statistics compliled by the Orlando Regional Realtor Association reveals some preferences that can’t be ignored. Buyers definitely prefer single family homes over all other residential properties which accounted for 80.43% of the 13,041 sales that […]

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Tags: Market Statistics

The Next Wave of Foreclosures to Deepen Losses

December 15th, 2008 · Comments Off on The Next Wave of Foreclosures to Deepen Losses

I’ve heard a lot of real estate professionals say the market is going to recover in the second half of 2009, but I haven’t heard any valid reasons why that’s gonna happen. Unfortunately, I’ve heard a lot good reasons why the current down market will continue for quite some time. According to this piece by […]

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Tags: Foreclosures · Market Forecast