Orlando apartment rents expected to rise this year

According to a Orlando Sentinel article Orlando apartment rents expected to rise this year . This may be an indicator that many investors who purchased real estate will be reaping the benefits of the rental market. There are many properties for sale in Central Florida today and investing in the real estate market affords many opportunities for buyers.

Mortgage Help Reaches few Floridians

According to an article on Florida Realtors.org 80% of the thousands of applicants seeking mortgage assistance in Fl have been rejected by the state's version of the federal governments Hardest Hit Fund mortgage assistance.

Florida likely past foreclosure peak

Florida likely past foreclosure peak According to this article there was a 14% drop in foreclosure notices to Metro Orlando homeowners from April to May. This may be one of the indicators we are looking for in terms of property value and inventory. Check it out. Thanks, DeVito Homes Team!

Orlando-area ‘normal’ home sales up in May According to Bizjournals

Orlando saw a growing number of non-distressed (short sales and bank owned) home sales. These "regular sales" have been rising for the last 4 months. In Orlando distressed properties made up 62.53% of sales in May. If the current sales pace continues there will 4.63 month supply of homes in Orlando, which will be the lowest since December 2005.