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Posts tagged buying luxury homes in orlando

# of $ Million+ Seminole County FL Homes Sold Drops 46% from 2007

The slow real estate market is taking its toll on the once almost immune Luxury Home Market segment.  Previously luxury home sales remained substantially constant despite downturns in the non-luxury market.  This was due to several factors:
·         Blimps in the economy have had less impact on the wealthy
·         Real estate has proven to be a [...]

Lift in Cap on Conforming Loans

This is big boost from the Federal Government to help our market.  We’ve been seeing quite a difference in the rates between conforming and non-conforming “Jumbo” loans.  This measure is another reason it’s a great time to buy!
House OKs Lift on Fannie, Freddie Loan Limits
The economic stimulus package hammered out between the White House and Congress on [...]

Over 8,000 Pre-foreclosures in Orange County – Great Time to Buy a Luxury Home!

Today Foreclosures.com lists 8550 residential properties (1 – 4 units) that are in the pre-foreclosure stage in Orange County, Florida.  As I wrote in my Jan. 16th post, this is a wonderful opportunity to get a great deal. Many incorrectly think that foreclosures mostly affect the entry level market, when in fact, they affect all [...]