WOW.. What great summer it has been in Real Estate for the Central Florida market. Sales are up, inventory is down, interest rates are still at historic lows, and home prices are still fantastic. It truly is the best time to buy a home. For all those buyers sitting on … Read More »
Market Snapshot
Orlando Market Update
Friday, September 18th, 2009Governments Are Making Property Ownership Easier For Foreign Nationals.
Wednesday, July 8th, 2009With the Global demand for Real Estate suffering, Governments around the Globe are easing restrictions for Foreign Nationals looking to purchase properties in other countries. The changes in ownership laws and reduction in fees to investors is hoped to spur investment across the Globe. The easing of restrictions is most … Read More »
U.K. Sterling post highest exchange rate vs Dollar in 8 months.
Thursday, July 2nd, 2009As the Florida summer begins and the housing market continues to heat up, it should also be noted that the Sterling hit an 8 month high at the end of June at just over 1.6715 against the U.S. dollar. This is fantastic news for U.K. vacation home buyers looking to … Read More »
Home Prices in Florida Hold Steady For May Sales
Wednesday, June 24th, 2009The Florida Association of Realtors reports that the median price for Single Family homes in May 2009 was $144,400. This is an increase of 4.3% from April which was $138,500. While this increase does not show a trend, it is a positive indicator that home prices are starting to stabilize. … Read More »
Surge in sales of lower-priced homes indicate a housing market rebound
Monday, May 11th, 2009Members of the Orlando Regional REALTOR® Association in April sold nearly seven times more homes in the lower-price range categories than in the upper categories, which according to economists is typical of a rebounding market. “Orlando’s housing market appears to be following a recognized healing pattern — from the bottom … Read More »