David's Orlando Real Estate Blog

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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 

Overall in Orlando the number of houses for sale is down from the beginning of the month. There are 15,296 houses for sale in Orlando compared with 15,428 four weeks ago. Bank owned and short sales continue to make up almost half of the available properties, with 49.9% of the market. The number o...
11/30/2010
There was really good article from Barron's on Yahoo that explains what is going on with banks and the effect of mortgage putbacks. If you have dealt with short sales, and wondered why banks do not have any real process in place for granting approvals, here is the answer. Generally speaking they ...
11/22/2010
Inventory of active listings at 15,303 seems to have stopped dropping as banks begin to bring foreclosures back into the market. For about a month the number of bank owned properties fell to around 1,700. Since we hit that level it appears to have struck a balance. When several large banks announ...
11/18/2010
Window treatments, the blinds and drapes that are used to decorate and shade your rooms can actually do a lot more to improve your home and help it sell in a competitive market. The right kind of window covering can help insulate and save energy costs, offer remote control convenience, reduce no...
11/17/2010
The number of homes for sale in Orlando continues to decline. Way back in May or June I was concerned we could see as many as 18,000 homes on the market by the end of the year. We did see an increase in the inventory immediately after the home buyer tax credit expired, but that was short lived. T...
11/10/2010
The federal government, central bank (The Fed), and the secondary mortgage market (GSE's, Government Supported Entities) have an important role in helping to get the real estate industry back on track. While I am no fan of the big banks, big government or big bailouts, I do believe that the feder...
11/08/2010
I live in Baldwin Park and try to keep a close eye on what is going on in the neighborhood, and the number of homes for sale has been steadily dwindling. There are only 57 homes active on the market right now with another 52 with contracts pending. If you look at the last 12 months sales of 195 ...
11/03/2010
All the sales are not posted yet, but so far 1,714 sales have closed with a median sales price of $105,000. This could be a trick and a treat. I had estimated about 1,800 sales for the month, but it looks like it may be closer to 2,000. There are typically several hundred that do not get posted u...
11/01/2010
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David Welch

Orlando Real Estate Optimist
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