Orlando Housing Market Snapshot-August 2016

Orlando Housing Market Snapshot – May 2016

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Median Price

*The median price of all existing homes combined sold in May 2016 — $203,000 — is a 12.15 percent increase from the $181,000 median price recorded in May 2015, and a 5.73 percent increase compared to April 2016.

*The median price for “normal” existing homes sold in May is $214,000, an increase of 7.00 percent from the median price of “normal” existing homes in May 2015. Read more

Orlando Housing Market Snap Shot Nov 2016

Orlando Housing Market-November 2016

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Orlando Housing Market-November 2016  Median Price

*The median price of all existing homes combined sold in November 2016 — $200,000 — is an 8.70 percent increase from the $184,000 median price recorded in November 2015, and is 2.44 percent below the October 2016 median price of $205,000.

*The median price for “normal” existing homes sold in November is $210,000, an increase of 5.00 percent from the median price of “normal” existing homes in November 2015. Read more

Orlando Housing Market Snap Shot Nov 2016

Orlando Housing Market Snap Shot-October 2016

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Median Price

*The median price of all existing homes combined sold in October 2016 — $205,000 — is a 13.95 percent increase from the $179,900 median price recorded in October 2015, and was unchanged from the September 2016 median price of $205,000. Read more

Orlando Housing Market Snapshot August 2016

Orlando Housing Market Snapshot – August 2016

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Median Price

*The median price of all existing homes combined sold in July 2016 — $205,383 — is a 12.04 percent increase from the $183,310 median price recorded in July 2015, and a 0.78 percent decrease compared to June 2016.

*The median price for “normal” existing homes sold in July is $217,000, an increase of 6.90 percent from the median price of “normal” existing homes in July 2015. Read more

Orlando Housing Market Snap Shot August 2016

Orlando Housing Market Snapshot-September 2016

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Orlando home sales jump 7 percent; median price rises 14 percent as inventory continues downward slide

Sales of homes in Orlando experienced a year-over-year increase of 7.32 percent for the month of August, reports the Orlando Regional REALTOR® Association. The jump occurred amid yet another double-digit decrease in inventory, which continues to contribute to the area’s sustained rise in median price. Read more

Orlando Housing Market Snapshot – June 2016

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Median Price

*The median price of all existing homes combined sold in June 2016 — $207,000 — is a 15.00 percent increase from the $180,000 median price recorded in June 2015, and a 1.97 percent increase compared to May 2016.

*The median price for “normal” existing homes sold in June is $215,000, an increase of 4.88 percent from the median price of “normal” existing homes in June 2015. Read more

Home Inspector

Hire inspector even for a newly built home

FORT LAUDERDALE, Fla. – June 24, 2016 – Question: I’m having a home built, and the closing is in two weeks. Although our formal walk-through is next week, I’ve already identified several items that need correction or repair. If the builder refuses to make the appropriate repairs/corrections, what recourse do I have? – Ed Read more

Disney sells more Flamingo Crossings land-Jayesh Khatri Real Esatate Blog

Disney sells more Flamingo Crossings land

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Disney-owned land just west of Walt Disney World at the growing Flamingo Crossings development has a new owner.

Orlando Hotel Groups LLC, a Pembroke Pines-based company doing business as Orlando Gateway Hotel Group LLC, purchased more than 7 acres of a larger 158-acres parcel of land from Flamingo Crossings LLC, an entity related to The Walt Disney Co., said county records. The sale price on the transaction was $9.95 million, based on deed taxes to the county. Read more

Orlando Housing Market Snapshot March 2014-East Orlando Real Estate Blog

Orlando Housing Report-March 2016

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Median Price

*The median price of all existing homes combined sold in March 2016 — $195,000 — is a 10.12 percent increase from the $177,075 median price recorded in March 2015, and a 5.41 percent increase compared to February 2016.

*The median price for “normal” existing homes sold in March is $203,970, a tiny decrease of 0.01 percent from the median price of “normal” existing homes in March 2015. Read more

Orlando Housing Market Snapshot February 2016

Orlando Housing Report – February 2016

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Orlando median price continues upward trek
as buyer demand for homes outstrips inventory
in February

The inventory of Orlando homes available for purchase took another tumble in February, slowing year-over-year sales by 5 percent and driving a double digit increase in median price. Read more