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Tagged: 2009 Real Estate Market RSS
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Jay Myers
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Jay Myers
Check out the Orlando Realty and Property Management Facebook page!
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Jay Myers
Guide to Buying a Fixer-Upper in Florida
In the Orlando, Windermere, Winter Garden, Apopka, Kissimmee, Oviedo, Longwood, Winter Springs, Winter Park, FL real estate market, buying a home with the intent to fix it up is one of the best investments you can make. There’s no better way to take control over your home ownership than to customize the design, floorplan, and landscaping of everything from a single story rancher to a charming Victorian – especially if you’re looking to use the current Florida real estate economic climate as a way to get the home of your dreams without breaking the bank.
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Jay Myers
October, a local real estate much like September in Central Florida
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Central Florida home sales have continued to stay just over the 2000 per month mark for the fifth month in a row. Realtors were apart of 2206 for sale transactions in Orange & Seminole Counties last month. October of 2008, sales were nearly half of this October’s figure. The amount of days on the market in October of 2008 was 110 days, October of 00, 98 days. The inventory of a year ago was 24,657, now just under 15,743. This continues to be a great time for buyers of Central Florida real estate and buying a home for sale. Rates still in the 5% is great reason to become a home owner. For those renting now would be a great time to buy a home with rates this low and an inventory still high.
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Jay Myers
Homebuyer Tax Credit Extension
To view our rentals go to http://www.407rentals.com
It looks to be true…..that is the Senate passing a bill by unamious vote to extend the $8000 tax credit for home buyers beyond its scheduled November 30, 2009 expiration date. Now this credit would be available those who close by the end of April, 2010. This credit will also apply to those buying a second home or subsequent home. Currently only first time (unless its been more than 3 years) home buyers are eligble.
Click on the link below and you can read some of the changes and see if they apply to you…..
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Jay Myers
September, not a bad real estate sales month in Central Florida
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September, not a bad sales month in Central Florida.
Central Florida home sales have continued to stay just over the 2000 per month mark. Realtors were apart of 2151 for sale transactions in Orange & Seminole Counties last month. Sept of 2008, this number was only 1394. The amount of days on the market in Sept of 2008 was 97 days, Sept of 08, 112 days. The inventory of a year ago was 24,690, now just under 15,967. This continues to be a great time for buyers of Central Florida real estate and buying a home for sale. Rates still in the 5% is great reason to become a home owner. For those renting now would be a great time to buy a home with rates this low and an inventory still high.
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Jay Myers
Number of homes sold in June in the Central Florida area, the most in nearly 3 years.
Central Florida home sales have risen to over 2000 in a month, the most since August 2006. Realtors were apart of 2131 for sale transactions in Orange & Seminole Counties last month. June of 2008, this number was only 1489. The amount of days on the market in June of 2008 was 121 days, this past June, only 104 days. The inventory of a year ago was 24,575, now just under 17,831. This continues to be a great time for buyers of Central Florida real estate and buying a home for sale, we may never see rates this low again and still plenty of inventory to choose from. For those renting now would be a great time to buy a home.
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Jay Myers
Rates continue to stay low, May another decent real estate sales month in Central Florida.
Rates continue to stay low, May another decent real estate sales month in Central Florida.
Central Florida home sales have again sustained another month of more than 1700 closings for the month (in fact this month over 1850). Realtors were apart of 1853 for sale transactions in Orange & Seminole Counties last month. May of 2008, this number was only 1347. The amount of days on the market in May of 2008 was 115 days, this past May, only 104 days. The inventory of a year ago was 25,015, now just under 19,123. This continues to be a great time for buyers of Central Florida real estate and buying a home for sale, we may never see rates this low again and still plenty of inventory to choose from. For those renting now would be a great time to buy a home.
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Jay Myers
Dr. Phillips Executive 5 Bedrm (3100 sq. ft.) Pool Home
View all of our properties at http://www.407rentals.com
Price: $2300/mo
8352 Lake Crowell Cir
Orlando • FL • 32836
Contact: Orlando Realty & Property Management by Keller Williams Realty at the Parks
Future Tenants (407) 641-5782Bedrooms: 5
Property Sub Type: Single Family Home
Square Ft: 3096
Bathrooms: 3
Year Built: 1997 -
Jay Myers
2009 Florida Property Managers Convention
Today is the first day of the FARPM (Florida Association of Residential Property Managers) yearly convention. Last year’s convention in Panama City was very informative, educating, and quite interesting; so I am looking forward to this year’s convention with an open mind to learning new information and meeting fellow property managers. This year’s property management convention is a two day event and is being held right here in Orlando. I am positive alot of great ideas will be taken from this year’s convention and will be implemented by our team very soon. Bring on more great ideas from other top property managers in the state!
