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Orlando house prices: 'Price Reduced' becoming the new normal
28 September 10 03:41 PM | Lee Rosa | (Comments Off)   
This is a great article from The Orlando Sentinel . As Orlando house prices are reduced, thousands of dollars in phantom equity disappear. X Financial and Business Services Eustis Heathrow Seminole County Apopka Real Estate Sellers Casselberry By Mary Read More...
Orlando Real Estate Market Statistics
11 August 10 08:38 AM | Lee Rosa | (Comments Off)   
(August 10, 2010 – Orlando, FL) Members of the Orlando Regional REALTOR® Association reported completed sales on 2,387 homes in July, which is a 3.83 percent increase over the July 2009 mark of 2,299. To date, Orlando area home sales are up Read More...
Has the Downtown Orlando Condo Market Hit Bottom?
15 March 10 04:46 PM | Lee Rosa | (Comments Off)   
This article is From the OBJ | THE VUE was worth 100 Million in 2007, just sold for 25.9 Million | Nearly 75% off the Hay Day Prices. The Vue at Lake Eola condominium tower drew a final bid that was $5.4 million more than the minimum at a bankruptcy auction Read More...
Orlando Real Estate Report | January 2010
27 February 10 04:19 PM | Lee Rosa | (Comments Off)   
Orlando's overall median price drops as bank-owned and short sales continue to dominate closing ORLANDO -- An ORRA record: 73.42% of closings are either bank-owned or short sales 26.58 % worth of normal sales to buoy the area's overall median Read More...
Orlando Market Pulse | from OBJ.
27 February 10 03:49 PM | Lee Rosa | (Comments Off)   
The Orlando market continued to see the number of home sales jump while values declined in January, said a report by the Florida Realtors . Florida Realtors sold 1,745 existing single-family homes last month, up nearly 55 percent from 1,127 sold in January Read More...
Interest Rates Due to RISE.
01 February 10 02:42 PM | Lee Rosa | (Comments Off)   
There was major economic news on many fronts this week, with mixed results for mortgage markets. The Fed statement essentially followed the expected script, demand was strong for the Treasury auctions, and much of the economic data released during the Read More...
Orlando prices hit 8-year low | March 2001 Level
13 December 09 11:26 AM | Lee Rosa | (Comments Off)   
The last time Orlando-area home prices were as low as now, it was the year George W. Bush first took office, terrorists attacked the World Trade Center and Apple released the iPod. Last month the number of existing-home sales doubled from a year ago as Read More...
A Buyers and Sellers Guide to Multiple Offers by NAR
14 August 09 08:39 PM | Lee Rosa | (Comments Off)   
v\:* {behavior:url(#default#VML);} o\:* {behavior:url(#default#VML);} w\:* {behavior:url(#default#VML);} .shape {behavior:url(#default#VML);} Normal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4 /* Style Definitions */ table.MsoNormalTable Read More...
Why Are You Selling in THIS Market?
16 May 09 04:06 PM | Lee Rosa | (Comments Off)   
Are you a homeowner who is still unwilling to come to grips with the reality of our Central Florida Real Estate market? According to a new survey by Zillow, finds 60 percent believe their homes lost value in the last year, up from 57 percent in February Read More...
Central Florida's Weekly Mortgage Rates
20 April 09 08:37 PM | Lee Rosa | (Comments Off)   
As of: Apr 16 th 30 yr Fixed 15 yr Fixed 5/1 ARM 1 yr ARM Average Rate: 4.82% 4.48% 4.88% 4.91% Average Points: 0.6 0.6 0.6 0.7 Previous Week's Rates Average Rate: 4.87% 4.54% 4.93% 4.83% Average Points: 0.7 0.7 0.7 0.5 Read More...
Loan Modification "The Low Down"
06 March 09 11:36 AM | Lee Rosa | (Comments Off)   
The basic guidelines for MODIFICATIONS at this point: Eligibility and Verification: 1. Loans originated on or before January 1, 2009. 2. First-lien loans on owner-occupied properties with unpaid principal balance up to $729,750. Higher limits allowed Read More...
Is the Central Florida Real Estate Market all Doom and Gloom?
17 February 09 05:11 PM | Lee Rosa | (Comments Off)   
Ok, so I am asked frequently … what is going on in Real Estate? What's going on in the market? How are you doing? The simple answer is our market is sizzling hot (in certain price ranges). FACT: When a property is priced correctly - it sells. Read More...
Buying Central Florida Real Estate Tomorrow?
12 February 09 07:39 PM | Lee Rosa | (Comments Off)   
Anyone considering: purchasing your 1st Home | Moving Up | Selling ... Tomorrow is a big day as the $789 billion economic stimulus package goes to a vote ... This time the "proposal to provide a $15,000 tax credit to homebuyers" was removed, 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...
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...
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