In recent months, real estate professionals have reported an upswing in a particularly insidious wire scam. A hacker will break into a licensee’s e-mail account to obtain information about upcoming real estate transactions. After monitoring the account to determine the likely timing of a close, the hacker will send an e-mail to the buyer, posing […]
Orlando’s housing market is riding its traditional summertime wave of home sales — fueled in part by both low interest rates and more inventory — and posted positive numbers for the month of May. Sales of existing homes increased 10 percent while the median price also increased 10 percent when compared to May of 2014, […]
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 […]
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 […]
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’s housing market took its traditional month-to-month springtime sales hop in March, with 17.28 percent more closings taking place in March than in February. “Normal” transactions led the way with a month-to-month increase of nearly 24 percent. Buyer demand is continuing to also drive increases in the area’s median price. The overall median price (all […]
Rising prices continue amid long-awaited inventory increases Orlando’s buyers who were stymied in their quest to purchase a home by last year’s anemic inventory conditions will find lots more to choose from this year: Inventory increased by 42 percent in February, just in time for the start of the spring selling season. But despite tremendous […]
Orlando’s annual median home price continued its upward climb with yet another double-digit year-to-year increase in January, a trend that has continued for 14 consecutive months.
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Zillow-5-Star-Premier-Agent-Jayesh Khatri
