Hojin’s Southwest Orlando Real Estate Scoop

A period of stagnation characterizes the second half of 2009 in the Orlando real estate market according to the latest statistics released by the Orlando Regional Regional Association. The number of sales haves been hovering around 2,000, the inventory around 15,000, and mortgage rates around 5%.
Let me tell ya, stagnation is a good thing at [...]

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A glance at the 2009 real estate statistics for Orange County, FL shows a marked improvement in the market over the past 12 months. Most importantly the supply of homes currently stands at a healthy 6.4 months and the number of sales have hovered around 1,5o0 for the second half of 2009.
There’s still a heck [...]

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The Case-Shiller Index numbers were released this past week and revealed 4 consecutive months of price increases meaning they’re going back up. We’ve all been so used to seeing this index say decreases that it’s a bit of a shocker.
Blitzer says there’s a real chance that we’ve turned the corner and finally done with price [...]

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Sorry for the lack of posts the past couple of weeks, but I’m back in town and back in the game.
The Orlando Regional Realtor Association just released their latest statistics for the housing market in Orlando and they just keep getting better with declining inventory, steady number of sales, and fewer expireds.
The inventory is down [...]

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The Orlando Regional Realtor Association just released the latest figures for the Orlando real estate market and things are looking up. The inventory of homes on the market dropped again to 16,361 from the 17,231 in the previous month meaning there’s just shy of 8 months of supply. A stable market typically has 7 to [...]

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The statistics for real estate in Orlando has been showing steady signs of improvment, but is this improvement for real? One of the most promising statistics is the reduction in inventory to near stable levels at just over 8 months.
There’s been a lot of talk of a shadow inventory that’s been created by the banks [...]

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Trendgraphix just released their latest number for Orange County Florida and their numbers tell a similar story of improvement like the numbers recently released by the Orlando Regional Realtor Association.
While prices are still declining, they’re falling at a slower rate. The number of sales on the other hand have risen 66% compared to the same [...]

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The Orlando Regional Realtor Association released their numbers for the Orlando real estate market today which confirms the trend toward stabilization with the inventory hovering around 8 months and about 30% more sales than the same time last year.
The most active price range was between $100,000 and $250,000 which raises the question of how much [...]

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The S&P Case Shiller Index numbers released today surprisingly reveals improvement in the housing market. The index is typically the most bearish of all the real estate indices, yet the numbers show prices increases in the past month. Keep in mind prices are still down year over year by 17.1%, but the numbers have improved [...]

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It appears the Orlando real estate market is stabilizing according to the numbers released this week by the Orlando Regional Realtor Association. The inventory currently sits at 8 months and the number of sales have doubled since January of this year.
I’m still trying to ignore the stats for the new contracts and under contract because [...]

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