Sales of existing homes in Florida rose 18 percent in May, marking 21 months that sales activity has increased in the year-to-year comparison, according to the latest housing data released by Florida Realtors®.
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
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 [...]
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.
Information released this week by the Orlando real estate association reported 75% of April sales were for less than $200,000. This could suggest a healing real estate market according to the press release.
The increase of sales can be attributed in no small part to the number of REO or bank owned homes that are selling across Florida this year. In Osceola County, 6 out of 10 sales recorded in the MLS during March 2009 involved bank owned listings. The good is that these sales stir activity, increase revenue and [...]
If home sales increase prices will eventually follow.
According to information released by the Orlando Regional Realtor Association, for the Lake, Orange, Osceola, and Seminole market area: The majority of single-family homes (111) that changed hands in January 2009 were sold in the $200,000 – $250,000 price range