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Wednesday, July 6, 2011
REALTOR® Magazine-Daily News-7 of 10 Renters Say Owning a Home Is a Top Priority
Buying a homes is still a top priority for most Americans. There are many financing opportunities for first time home buyers is Central Florida. Check out this article posted today regarding real estate and buyer options available in today's housing market: REALTOR® Magazine-Daily News-7 of 10 Renters Say Owning a Home Is a Top Priority
Sunday, July 3, 2011
Realty Times - Mortgage Rates Mixed; 30-Year Fixed Continues To Hold Steady
There are some signs of economic improvement in the housing and real estate markets in Central Florida Realty Times - Mortgage Rates Mixed; 30-Year Fixed Continues To Hold Steady
Office vacancies slowly retreating
The increase of businesses may offer hope for the Metro Area. Office vacancies slowly retreating
Monday, June 27, 2011
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.
Wednesday, June 22, 2011
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.
Friday, June 17, 2011
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!
Thursday, June 16, 2011
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.
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