For several months we have dealt with multiple offers on the newest bank owned home to hit the market. Today I spoke with one of my agents who commented that their buyers have lost out on two traditional homes, both accepting offers higher than list price. I define a traditional home as one not [...]
The median sales price of a home in Florida was down 7% in February compared to the same time last year. February’s median sales price according to the National Association of REALTORS was $131,300. This is no big surprise as bank owned and short sale listings continue to adjust the market value of homes [...]
When you list your home for sale the initial listing price you choose is extremely important for a successful sale. Your homes list price is always an important key to selling however there are times when a real estate markets allows the seller the room to ‘list a little higher’ or ‘test the market’, perhaps listing at 5-10% above [...]
When called to prepare a market analysis for a home owner who is not facing foreclosure or in a short sale situation the task has been made difficult by the number of distressed sales throughout the majority of the Florida market place. Traditional sellers have maintained the condition of their homes better than distressed [...]
Florida’s existing home sales rose in August – marking a full calendar year (12 months) that sales activity increased in the year-to-year comparison. more
Are you planning on selling your home? Your chances appear to be improving according to statistics released by the Florida Realtor Association. According to a recent press release: Existing home sales rose 37 percent last month with a total of 15,882 homes sold statewide compared to 11,595 homes sold in July 2008, according [...]
The Orlando real estate association reports that the median sales price of all existing homes sold in July rose 2.92 percent to $135,000 from the $131,175 recorded in June. Press Release Rising home prices will be taken into consideration as agents complete market analysis for Florida homeowners thinking of selling. There is is [...]
Are Florida home prices going up? According to the Florida Association of Realtors® the State’s median sales price was higher than reported for the previous month. This is potentially good news for home owners across the State. Should this trend continue and home prices rise, home owners will start seeing their value return over time.
Potential home sellers may be pleased to find out that any market analysis conducted on their home may be influenced by the increase in home sales during May. Why localized and every home owner should check the trends for their area, an uptick in sales will eventually lead to stabilized prices.
The median sales price for a Florida home decreased by 31% when comparing April 2008 to April 2009 according to the Florida Association of REALTORS. The huge decrease can be contributed to the increase of home sales being fueled by distressed property sales of foreclosures and short sales.