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

2011 

The number of available bank owned properties (REO) is below 1,200 as of today. A few months ago there were typically about double that number available at any given time. REO's came on the market and went at about the same pace. In the first few months of this year though, they have sold faster ...
04/28/2011
I posed a question to other folks in the real estate industry on David Welch Realtor, my Orlando real estate facebook page. I asked if short sales were moving in the right direction. The overwhelming response was yes, at least as far as the banks responsiveness is concerned. I have to admit that...
04/25/2011
The way things are selling Baldwin Park you would think there was some kind of big sales event going on. In the last eight days there have been eight properties go under contract, and there have been 24 homes pending in the last 30 days. The average time to contract of the homes that sold in the ...
04/21/2011
Generally speaking in real estate we consider a six month supply of inventory a balanced market. If it rises much above six months we say it is a buyer's market. A few years ago it climbed to something like 26 months here in Orlando. If it drops much below six months we say the market favors sell...
04/19/2011
Things have been heating up here in Orlando, and not just outside. There are more than 11,000 active or pending short sales listed in our MLS. With that many people actively pursuing short sales, and more to come, lawyers are looking to cash in. So the question is: do you need a lawyer to short s...
04/18/2011
Anybody else remember the Brady Bunch? Jan was always complaining about the attention her big sister always seem to garner. That has nothing to do with short sales at all, except for the complaining part. ("Marsha Marsha Marsha") Here in Orlando we have been dealing with short sales for more than...
04/11/2011
March Orlando real estate sales were up and down. The number of sales was up more than 18% over February, and the median price was up more than 7% over February. The total number of homes available for sale was down almost 7% while the number of bank owned homes was down over 18%. Even short sal...
04/06/2011
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