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KEY WEST, Fla. - Key West, Florida real estate agent Sean Farrer issued a real estate market report for the area based on recent sold statistics and trends he has observed in the market.
Farrer says that sales in 2012 are already starting off well.
"With our peak season already here, last month saw a total of 48 Key West real estate properties sold. Those were comprised of 25 single family homes, 22 condos, and a commercial property."
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Orlando, FL - While global financial markets continue to express uncertainty, one Florida real estate firm says the 2012 Orlando market is almost certain to be an active one.
Jonathan de Jesus of Dominium Realty Group specializes in Orlando real estate, and says that market in the upcoming year is bound to be busy for local agents.
"We are likely to see a steady flow of bank owned homes and Orlando foreclosures come on the market, and although that could continue to pressure prices for sellers, it will continue to present buying opportunities for buyers."
He says that Orlando short sales are likely to continue to be a popular way for sellers to get their home sold when they owe more than their house is worth. These will also provide good opportunities for buyers to get pre-foreclosure homes before they go offline to linger in bankers' files for months during the foreclosure process.
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ORLANDO, Fla - The Orlando home market isn't nearly as cold as the weather up north according to Orlando real estate agent Jonathan de Jesus of Dominium Realty Group.
De Jesus says that although the National Association of REALTORS® (NAR) has adjusted the home sale statistics downward for the last five years, the market is not as bad as the headlines sometimes indicate.
"There are still plenty of homes being bought and sold, particularly in a market like here in Orlando where we have plenty of warm weather and international tourism to keep things interesting."
He says that part of what's keeping the Orlando real estate market hotter than other parts of the country is simply the year-round nice weather, but he says the proximity to Disney World is a big help.
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KEY WEST, Fla. - Florida real estate agent Sean Farrer says that tourism to Key West brings a steady source of home buyers as vacationers are enticed by great home prices to consider calling the island their home. Farrer says that his clients frequently got the idea to buy Key West real estate while vacationing in its year-round warm climate.
"The northern states and Canada get some pretty cold winters, and folks come here to warm up. In the process, they discover that Key West is a really nice place to live."
He says that before their holiday is over, vacationers are often asking him to look at Key West real estate listings.
"Prices are incredible right now--better than they have been in a decade or more because of all the bank owned homes on the market."
Farrer says that not only are there a high number of Key West foreclosures that translate to real estate discounts for buyers, but tourists can get all kinds of discounts from local businesses.
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Orlando, FL - Many potential Orlando area home sellers have been discouraged by weak real estate prices from selling their homes, but Florida real estate agent Jonathan de Jesus says selling still makes financial sense for many homeowners.
This is because the changes in homeowners' lives aren't always timed with the Orlando real estate market, he says.
"There are always families who need to move due to a job transfer or other relocation necessity, and this can mean they need to sell their home regardless of what the market is doing. I can help clients in that situation to make the best of it."
He also says some homeowners such as empty nesters may financially benefit from downsizing to a smaller home. Perhaps they want to downsize from a large Lake Mary home to Downtown Orlando condo with less upkeep.
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Orlando, FL - Many potential Orlando area home sellers have been discouraged by weak real estate prices from selling their homes, but Florida real estate agent Jonathan de Jesus says selling still makes financial sense for many homeowners.
This is because the changes in homeowners' lives aren't always timed with the Orlando real estate market, he says.
"There are always families who need to move due to a job transfer or other relocation necessity, and this can mean they need to sell their home regardless of what the market is doing. I can help clients in that situation to make the best of it."
He also says some homeowners such as empty nesters may financially benefit from downsizing to a smaller home. Perhaps they want to downsize from a large Lake Mary home to Downtown Orlando condo with less upkeep.
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Key West, FL - Key West REALTOR® Sean Farrer of Coldwell Banker/Schmitt Real Estate Co. is launching a brand new property search website that is designed to help buyers find the kinds of properties they are looking for 30% faster than other sites.
It does this by providing quick links directly to various Key West real estate types, such as single family homes, waterfront property, condos, foreclosures, short sales, and more.
Farrer, who specializes in Old Town Key West, Key West, Key Haven and Stock Island, and the Lower Keys, says that the new site, located at http://key-west-real-estate.net, has an advanced but easy to use search engine to fine tune property searches in great detail.
"We're allowing buyers to search fields that used to only be accessible to agents through the MLS. Our philosophy is to provide our clients with as much information as possible to help them find the perfect property."
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Orlando, FL - With interest rates at record lows not seen in a lifetime, real estate agent Jonathan de Jesus in Orlando is suggesting that the time may be ripe for buyers to take advantage of the interest rates being served up by the economy.
De Jesus says that the average interest rate for a 30 year mortgage on Orlando real estate recently dipped to 4.09%, with the average rate for 15 year mortgages getting as low as 3.3%.
"Record low interest rates likes these mean that money is extremely cheap to borrow right now, which is good news for home buyers. Whether you're looking in Orlando, or perhaps for deals on Lake Mary homes, the timing may be perfect to get a low cost loan."
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Orlando, Fla. - According to Orlando REALTOR® Jonathan de Jesus, the high inventory of real estate listings in the Orlando area means buyers can count on continued bargains for the near future.
How long the bargain-basement prices on Orlando real estate will last is debatable, according to de Jesus, who says that it depends on factors like the overall health of the U.S. economy and future mortgage legislation changes.
"Everyone is looking for bargains, from the first time home buyer to the real estate investor, and the market is providing great opportunities for both. The excess inventory has not only served to lower the entry barrier for buyers, but given them more properties to choose from as well."
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Marco Island, FL - The McCarty Group, a Florida real estate team specializing in Marco Island properties, is releasing its Top Tips for Buying Marco Island Foreclosures. Mike and Wendy McCarty of Keller Williams Realty say the tips apply to virtually all markets in the U.S. They say that while many buyers have heard that there are many foreclosures on the market, most don't understand these practical rules they can follow to save money.
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Marco Island is a place like no other. It is the biggest of Florida's legendary Ten Thousand Islands chain running from Everglades City to Flamingo to the south, the island has an impressive collection of historical landmarks, sights and sounds, and natural attractions to keep residents enamored with the community for a lifetime.
The uniquely habitable islet was home to 14,879 residents in the 2000 census, but new data to be released on December 21, 2010 is expected to show significant growth from those figures. The real estate boom led to growth from the Naples, Florida metropolitan area, with many gorgeous homes popping up during that time. With the subsequent housing pullback, many exclusive parcels of Marco Island real estate can be found that are priced very attractively. In fact, Marco Island foreclosures and bank owned properties represent some of the best deals available on the market.
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Florida Real Estate
