David's Orlando Real Estate Blog

Follow me
By
Real Estate Agent - Remax 200 Realty - BK645994
Orlando real estate blog with all the latest information about Orlando real estate. David Welch has the #1 ranked Orlando real estate blog by Google and Yahoo.

ARCHIVED BLOG POSTS

2010 

I was fortunate enough this week to have two closings with the new HUD-1 settlement statement. The new form adds a section where the buyer's good faith estimate (GFE) from their lender is compared with the fees actually charged at the closing. There are three types of fees on the GFE and HUD-1 th...
01/30/2010
If you go to google and search "Orlando Real Estate", Zillow comes up in the middle of page three. I am sure the folks at Trulia love to hear this, since they are and have been number one on that same search forever. My own webpage pops up at number 10 - that is page one - or number 11 most days....
01/27/2010
I find myself helping a lot of buyers looking at foreclosures these days. They are often the best deals at least from the perspective of purchase price. They can take a toll on you emotionally though if you are not prepared for multiple offers, long bank delays, even longer bank addendums and sho...
01/25/2010
This information provided by and posted with permission of Jay Buerck from YouServed.com. Veterans and military homebuyers in Florida turned to VA loans in huge numbers in 2009. The credit crunch and overall housing decline made these government-guaranteed loans even more appealing. And 2010 is s...
01/22/2010
I really am amazed at the complete lack of reason at FHA, Fannie Mae and Freddie Mac. Last year they made condo financing impossible and tightened all their guidelines making it more difficult to obtain financing. Keep in mind the government was giving hundreds of billions of dollars to banks to ...
01/21/2010
Share   Last year started with a lot of activity. If I recall, I wrote 14 offers in January. The only problem with that is that I only got two of those deals to contract. Virtually all the activity centered around investors looking to pick up inexpensive condos. I think last year there was more u...
01/14/2010
Are short sales getting any better? Mary Shanklin writes about the new guidelines in the Orlando Sentinel today. My observations suggest that not much has changed with short sales amid the optimism that they are getting better. I have been tracking the percentage of short sales closed of the tota...
01/13/2010
Well, that might be a bit of an exaggeration. Fannie has announced that it will make an effort to help the sagging condo market in Florida. This program is only in Florida, and so far has only been directed at South Florida. Specifically, the Miami area is where all the focus seems to be right no...
01/11/2010
Active and pending listings dropped to 15,707 and 8,110 respectively while closed sales continued a seven month streak of better than 2,000 closed sales. So far 2,228 sales were posted for December 2009 with a median sales price of $124,000. That sales price marks nine months of relatively stable...
01/07/2010
It is a bit chilly down here in the Sunshine State this week with lows getting down around freezing in Orlando. Somehow, I don't think most of the rest of the country feels bad for us as the snow piles up out West and up North. The sky is clear and blue, and the breeze is light with plenty of sun...
01/05/2010
Rainmaker
181,508

David Welch

Orlando Real Estate Optimist
What else can I do for you?
*
*
*
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the car to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Additional Information