Hojin's SW Orlando Real Estate Scoop

This map of foreclosures available in Dr. Phillips and Windermere is alarming. All I can say is that is that there’s no shortage of them. View Larger Map

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Lee County in Florida is pushing to put their foreclosure sales on EBAY by the beginning of 2010 according to an article in news-press.com in hopes of alleviating some of the massive crowds that have been gathering at the justice center. Pretty soon the entire world will be able to bid on foreclosures in Lee [...]

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Here’s a funny perspective on the economy and the various bailout packages being proposed.

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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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Those of you waiting for new foreclosures coming on the market may be interested in the announcement that Fannie Mae and Freddie Mac will be suspending foreclosure sales and evictions from the day after Thanksgiving through January of 2009. At least those unfortunate will have some relief until after the holidays. Perhaps it will spur [...]

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Here’s one determined housewife. Facing foreclosure, homeowner June Reyno chained herself to her house. I can’t say it’s the most effective way to get the job done, but you gotta love her determination.

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A quick scan of the MLS these days quickly confirm the fiercest competition for home sellers in SW Orlando are foreclosures. Quite a big percentage of homes on the market are preforeclosure and foreclosure properties. Many of them are in great condition which is not something that’s been associated with foreclosures. While the vast majority [...]

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Dan Tracy of the Orlando Sentinel wrote an interesting article today on foreclosed homes selling for $100 at public auctions held at the Orange County Courthouse. Even homes in upscale communities like Keene’s Pointe and Lake Butler Sound are selling at these too good to be true prices. He points out the normal person off [...]

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Paul Bishop, economist for the National Association of Realtors, was recently interviewed by the Wall Street Journal about the impact of the housing bill just signed by President Bush and appeared pretty positive in the interview. He says the new bill will bring stability to Fannie Mae and Freddie Mac which is quite important in [...]

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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, [...]

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