Hojin’s Southwest Orlando Real Estate Scoop

Real Estate News for Dr. Phillips, Windermere, Gotha, Celebration, Winter Garden, Ocoee, Clermont, Metrowest

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Entries Tagged as 'Market Statistics'

Stabilization in Progress

July 14th, 2009 · No Comments

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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Tags: Market Statistics

The Market Really is Picking Up

June 11th, 2009 · No Comments

The latest statistics for the Orlando real estate market were released by the Orlando Regional Realtor Association yesterday and the best news of all is that the inventory is down to 10 months. We’re not that far off from the signal of market stabilization at the 6 month inventory level.
The number of sales remained [...]

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Tags: Market Statistics

Real Estate in Orlando Continues Improvement

May 11th, 2009 · 1 Comment

The Orlando Regional Realtor Association released their latest stats for the real estate market here in Orlando today and this past month shows a continuation of the improvement that we’ve been seeing throughout 2009.
The number of sales have been on the rise with inventory levels dropping which is what I’ve been looking for a long [...]

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Tags: Market Statistics

Get an Ivey League Education for Free

April 24th, 2009 · 2 Comments

There’s always been a strong correlation between price appreciation for residential real estate and quality of the school district, but perhaps this relationship will weaken in the future.
Why do you say that you ask…. I say this because I ran across this new site called YouTube EDU where you can watch lectures from schools like [...]

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Tags: Market Statistics · Schools

Housing Market in Orlando to Hit Bottom in 2009

April 24th, 2009 · No Comments

The University of Central Florida’s Institute for Economice Competitiveness recently released their quarterly forecast which surprisingly reveals some promising facts about the housing market. They predict a bottom to the housing market in the second quarter of 2009. Amazingly, housing starts are 87% below the peak levels we experienced just a few years ago. They [...]

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Tags: Market Forecast · Market Statistics · Mortgages · Places in SW Orlando

Inventory Now Below 12 Months in Orange County

April 16th, 2009 · No Comments

The real estate market in Orange County mirrors the improvements shown in the Orlando MSA with the number of sales increasing and declining inventory. It’s just what the doctor ordered. I sure hope this trend continues.
Probably the best news is that the inventory is less than a year now and currently stands at 11.9 months. [...]

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Tags: Market Statistics

Homes Sales on the Rise in Orlando

April 15th, 2009 · No Comments

It’s been a long time since I’ve been able to write about some improvements in the real estate market here in Orlando and it’s finally time. The Orlando Regional Realtor Association just released their stats for the first quarter of 2009 and shows a healthy boost in home sales.
1,653 homes sold in March 2009 representing [...]

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Tags: Market Statistics

Good News Bad News

March 12th, 2009 · No Comments

The Orlando Regional Realtor Association just released their latest stats for the real estate market in Orlando and 2009 seems to show a bit of an improvement from 2008 if that seems at all possible with all the stuff going on in the economy.
First off, the inventory of homes on the market has dropped from [...]

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Tags: Market Statistics

View from the Trenches in Orlando Real Estate

February 25th, 2009 · No Comments

I attended a real estate investing class this past week and here’s a few more things I picked up besides the possibility of double digit interest rates.
Lisa has been a property manager for commercial properties for about 20 years and she has a pretty grim picture of the commercial market. Tenants are renegotiating their leases. [...]

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Tags: Market Forecast · Market Statistics · Real Estate Tips

Stabilization for Real Estate in Orlando

January 13th, 2009 · 1 Comment

The Orlando Regional Realtor Association just released the latest statistics for the real estate market in Orlando and they look a little better. The number of sales increased from 1,110 sales in November 2008 to 1,305 sales in December 2008 and the inventory dropped from 24,408 to 22,524. Not bad, but we’re still looking at [...]

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Tags: Market Forecast · Market Statistics