January 2009 - Posts

Central Florida and Foreclosures
31 January 09 08:43 PM | Lee Rosa | (Comments Off)   
The Central Florida Real Estate Market's home sales are on the RISE in conjunction with Short Sales and Foreclosures. There were 21% more homes sold in December 2008 (1,305)than December 2007 (1,076). Orlando ranks #7 in the Nation for Foreclosures Read More...
Downtown Orlando Best Title Company
29 January 09 12:20 PM | Lee Rosa | (Comments Off)   
OUTLOOK: 2009 WHAT WILL IT BE LIKE the closing agent. As we enter 2009, just about everyone in the real estate and related businesses had a very challenging past year. Over 60% of the independent title companies in Florida ceased operations. Now more Read More...
Have we hit the Bottom of the Market?
26 January 09 06:55 PM | Lee Rosa | (Comments Off)   
As of: Jan 26 th 30 yr Fixed 15 yr Fixed 5/1 ARM 1 yr ARM Average Rate: 5.12% 4.80% 5.24% 4.92% Average Points: 0.7 0.7 0.6 0.7 Previous Week's Rates Average Rate: 4.96% 4.65% 5.25% 4.89% Average Points: 0.7 0.7 0.6 0.5 The rise in the interest rate Read More...
Filed under:
Finally - There is a Downtown Orlando Movie Theater
26 January 09 03:23 PM | Lee Rosa | (Comments Off)   
Its official The Plaza in Downtown Orlando is getting a Movie Theater. Last week, The Orlando City Commissioners voted unanimously on a plan to give out millions in incentives to make a downtown movie theater a reality. The deal calls for the theater Read More...
Filed under:
Cash is King
21 January 09 10:23 AM | Lee Rosa | (Comments Off)   
The investors are BAAAAAACK!!! Most investors must wait for the credit crunch to end however, those with cash on-hand can capitalize on the Hottest Buyers Market that America has seen since 2003. Cash offers allow an investor to have the upper hand in Read More...
Short Sales in Central Florida
09 January 09 02:16 PM | Lee Rosa | (Comments Off)   
Did you know? From January 2004 - January 2006 - 27% of homes purchased had less than 5% as a down payment… 19% with 0% down! 31% of all mortgages issued were to consumers that utilized some sort of alternative lending program. Benefits of Short Read More...