Posts Tagged ‘orlando property management’
Orlando home value appreciation trails rest of the nation
A new study shows Orlando home prices are appreciating slower than the national average — but that’s not necessarily bad. Home prices in the Orlando metro climbed 7.3% year over year in the fourth quarter, according to a Feb. 23 report from the Federal Housing Finance Agency. That’s slower than the national average of 10.8%, and…
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Buyers Snatch Up New Listings as Quickly as They’re Available
Home sales could easily be 20% higher if more homes were for sale, says Lawrence Yun, chief economist of the National Association of REALTORS®. Existing-home sales—completed transactions for single-family homes, townhomes, condos, and co-ops—rose 0.6% in January compared to December 2020 and are up nearly 24% over a year ago, the National Association of REALTORS®…
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How To Become a Homeowner
Becoming a homeowner is a major step to take towards financial freedom that’s why it should be carefully planned, starting with setting a budget that best suits your price range. By the time the search for the right home is initiated it is important to take into consideration how will the funding of the new…
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Home Sellers Are Feeling More Optimistic
As home prices rise by double-digit margins year over year, homeowners are increasingly viewing selling favorably. Consumers reported a significantly more positive view of homeselling conditions month over month in January, jumping 16 percentage points on net, according to Fannie Mae’s Home Purchase Sentiment Index, based on a survey of 1,000 consumers. “Overall, the index’s…
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Orlando hotel occupancy rate shows improvement during pandemic
Visitation is clearly down in Orlando due to the Covid-19 virus, but activity is picking up a bit for the region’s hotels. The region’s average hotel occupancy rate has been on a steady climb — more than 12 weeks in a row – to 29.3% for the week ending July 4, said data from STR…
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Realtors’ CEO: Real-estate market is on the rebound | Commentary
The word “recession” conjures up thoughts of foreclosures, for sale signs and half-constructed neighborhoods. We are living in uncertain economic times once again, triggering memories of 2008. But unlike the Great Recession, this is a medical crisis — not a real-estate crisis. Now is not the time to panic, but to understand the landscape and…
Read MoreTwo new solar farms to deliver power to six Florida cities, including Orlando and Kissimmee
Six Florida municipal utilities, including those in Orlando and Kissimmee, are joining the growing number of power companies able to provide their customers with solar power, a cleaner source of energy. By the end of June, two of five new solar farm sites, the Harmony Solar Energy Center in St. Cloud and the Taylor Creek…
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Orlando Is America’s Top Travel Destination—How Hard Has Its Real Estate Market Been Hit?
Each year, tens of millions of people arrive from all over the world to visit Orlando, FL. The twin titans of Disney World and Universal Studios entice folks to flock to Central Florida. But this year, of course, is very different. Tourism in the Orlando region, America’s top tourism and vacation spot, ground to a standstill…
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Orlando Home Prices Continue Upward Trend in May, Even as Closings Dive
The Orlando Regional Realtor Association is now reporting that Central Florida median home prices sold in May 2020 increased nearly 7% compared to May of last year, while transactions dropped 44% during the second consecutive month to illustrate the impact of COVID-19 on Orlando’s housing market. Inventory experienced a year-over-year decline of 11%. “Despite year-over-year…
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