Hojin's SW Orlando Real Estate Scoop

The Orlando Regional Realtor Association released their latest statistics for the housing market in Orlando this past week which shows a slight decline in market for the first month of 2011. Orlando saw 1,950 sales in January 2011 which is a marked improvement from January 2010 which saw 1,820 sales, but month to month saw [...]

[Read more →]

Mortgage delinquency rates have fallen to it’s lowest level since early 2008, but properties in the foreclosure crisis have jumped substantially. Hopefully, these numbers are signaling a return a real estate market with less influence from bank owned properties. Visit msnbc.com for breaking news, world news, and news about the economy

[Read more →]

Bernake recently gave a nationally televised interview and revealed some clear insights into the thoughts of the Federal Reserve. He points to the housing market as already weak and unlikely to go any lower preventing a double dip recession.  A recovery in the unemployment rate is at least 4 to 5 years off and there’s [...]

[Read more →]

The latest Case Shiller Home Price Index numbers were released last week and the Central Florida market which is represented on the index as Tampa, experienced the second worst decline of 4.6% which was bettered only by the Chicago market who saw a decline of 5.6%. Central Florida was also the only market in the [...]

[Read more →]

The Orlando Regional Realtor Association just released their statistics for the Orlando real estate market through the month of October 2010 and the conditions clearly point to a buyer’s market with plenty of inventory with just above 15,000 homes for sale. Sales are down month to month by 20%, but 26% higher than this time [...]

[Read more →]

The Orlando Regional Realtor Association released their monthly statistics for the Orlando real estate market through the month of July 2010 and the numbers show that an increase in inventory and a significant decrease in sales suggesting that we may not be out of the woods yet. The inventory increased from 16,504 in June 2010 [...]

[Read more →]

[Read more →]

[Read more →]

[Read more →]

The residential real estate market here in Orlando continues it’s trend toward stability. While none of us have a crystal ball that tells us where the bottom of the market is, the signs are beginning to appear. The number of homes on the market has dropped 27.5% over the past 12 months and sales have [...]

[Read more →]