Orlando Home Sales Soar 26% in March

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Existing homes for sale in the Orlando area flew off the shelves in March, which saw a more than 25 percent increase in the number of transactions compared to March of 2014. The area’s overall median price (all sales types and all home types combined) increased more than 10 percent in that same March-to-March comparison. […]

2014 Orlando Housing Market Ends with Price Up, Sales Steady

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Orlando’s 2014 annual median home price ($164,000) finished a healthy 9.61 percent higher than the 2013 annual median price ($149,627), thanks to a full 12 months of price increases. Sales for 2014 (30,281) finished 1.40 percent below the cumulative total sales for 2013 (30,712), the result of monthly sales comparisons that see-sawed dramatically between positive […]

Orlando Home Price Rise As Interest Rates Decline

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Declining interest rates and swelling inventory have contributed to another month of increased home sales in the Orlando area, reports the Orlando Regional REALTOR® Association. “Buyers who are inclined to put their home search on hold during the traditionally slow real estate months may want to rethink their strategy,” says ORRA Chairman Zola Szerencses, Keller […]

Orlando Home Sales Leap 18%

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Orlando’s swelling inventory of homes available for purchase is helping meet pent-up demand and spurred a whopping 18 percent jump in sales in October, reports the Orlando Regional REALTOR® Association. In addition to the jump in sales, the median price of Orlando homes sold in October rose nearly 4 percent compared to October 2013. The […]

Positive Gains in Sales and Median Price For September!

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The Orlando housing market has posted positive year-over-year gains in both sales and median price for September, reports the Orlando Regional REALTOR® Association. The overall median price for September is $167,500, a 7.37 percent increase over September 2013 and a 2.23 percent increase compared to last month. Orlando’s overall median price has now recorded year-to-year […]

Orlando Home Prices and Foreclosure Sales On The Rise!

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Orlando home sales declined in August while the area’s median price continued its upward trend, albeit at a slower pace, reports the Orlando Regional REALTOR® Association. According to ORRA Chairman Zola Szerences, RE/MAX Central Realty, the relative slowdown in median price increase can be attributed in part to a significant uptick in foreclosure sales. “Closings […]

I’m Buying a Newly Built Home — Do I Need a Realtor®?

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Buying a new home is exciting. You get to build your dream from the ground up, choosing your lot, your model, interior finishes and upgrades. But like any home purchase, buying new construction is serious business, an expensive transaction with many financial implications. That’s why it’s a good idea to obtain representation from a Realtor® […]

Fewer Homes and Higher Prices

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Fewer homes are selling for higher prices, reveals the latest housing market activity report from the Orlando Regional REALTOR® Association. The data shows that home sales in July dropped more than 17 percent from that recorded in July 2013, while prices rose nearly 9 percent in the same year-over-year comparison.The overall median price for the […]

Orlando home sales increase by almost 6%

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Sales of Orlando homes increased by almost 6 percent in June, which marks the first positive year-over-year sales comparison in eight months. In addition, sales increased by nearly 5 percent when compared to last month. ORRA Chairman Zola Szerencses, RE/MAX 200 Realty, attributes the bump in sales to more homes being available for purchase. “We’ve […]

Median Home Price Jumps 14% In May

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Orlando’s housing market continues to see across-the-board increases in median prices, with each sales type and each home type recording positive year-to-year comparisons in May.The overall median price for the month of May is $165,000, a 13.68 percent increase over the May 2013 median price of $145,148. (In addition, the May overall median price is […]