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Archive for December, 2007

Liquid Assets! Waterfront Lot Premiums in the Orlando Real Estate Market

We are fortunate to live in scenic Central Florida which offers fabulous lake and golf course frontage properties.  I’m often asked how much as these special lots are worth when buying or selling real estate. To take a stab at this question, I analyzed 2007 MLS sales data (through 12/27/2007) for 3 popular luxury home [...]

Managing Your Credit Score

Find out where you stand.The first step toward developing a better credit score is to determine where it currently stands.  Start by checking with the three major credit reporting agencies (CRAs) listed below.  You’re entitled to one free report per agency, per year, and have the right to dispute any mistakes, so request that each [...]

Buyer’s Market for Winter Park, FL Luxury Real Estate Market

Year to date the prices in the Winter Park, Fl Real Estate Market have remained relatively stable. However, because of mounting inventory, and fewer sales, this situation should change dramatically within the next 12 to 18 months. This is particularly true in the $2M plus market where on hand inventory exceeds 30 months.  With the [...]

Median Price of Homes Sold in Orlando Continues to Stabilize

November’s Medium Sales Price for homes sold stayed at $235,00 for the 3rd month in a row. The average price, however, increased to $304,200, up 6.7% from October. The number of homes sold, however,  decreased from 1090 homes sold in October to 963 homes sold in November.  This is the lowest level of sales per [...]