Which is safer, an open or gated community in Orlando?
If you're looking for a better life in the United States, specifically in Orlando, you've probably come across different types of properties and condominiums. Let's talk a bit about Orlando's "open condos" - and whether or not they are a good choice for Brazilians looking for security and quality [...]
Real estate activity in Orlando - June 2023
Market situation The average house price in June was recorded at $385,000, up from $378,000 in May. Average house prices have increased every month this year. The average house price in June 2023 was close to that of June 2022, when it was recorded at $387,000. New [...]
5 Florida regions are in the Top 10 for buyers from other states
SEATTLE - A record one in four homebuyers nationwide (25.5 percent) searched for homes in metropolitan areas outside their current state in the second quarter, up from 23 percent a year earlier, according to a Redfin report. Before the pandemic, this figure was 19%. O [...]
Real estate activity in Orlando - May 2023
Market situation Total sales increased by 13.9% from April to May. There were 3,150 sales in May, up from 2,766 in April. Total sales in May 2023 were 20.2% lower compared to May 2022, when there were 3,946 sales. The average house price in May was recorded [...]
Real estate activity in Orlando - April 2023
Market situation Total sales fell by 5.8% from March to April. There were 2,766 sales in April, down from 2,936 sales in March. Total sales in April 2023 were 27.2% lower than in April 2022, when there were 3,800 sales. Inventory increased by 1.9% - from 5,052 homes in March to 5,148 homes [...]
Real estate activity in Orlando - March 2023
Market situation "Spring has sprung in the Central Florida real estate market. March data shows increases in new listings, home prices and overall sales, and a reduction in inventory as buyer activity increased significantly," said Lisa Hill, president of the Orlando Regional REALTOR® Association. "The good news for [...]
Real Estate Activity in Orlando - February 2023
Market situation Total sales rose by 33.8% from January to February. There were 2,240 sales in February and 1,674 sales in January. Total sales in February 2023 were 30.0% lower than in February 2022, when there were 3,198 sales. Inventory fell from 6,115 homes in January to 5,555 homes in February. O [...]
Of the top 10 "most desirable cities" in the USA, 5 are in Florida.
By Kerry Smith - SEATTLE - More buyers in the U.S. are considering moves outside their current cities. Overall, fewer buyers are on the market this year and total numbers are down; but of those who are still looking, a higher percentage are looking outside their hometown. Redfin says that a quarter [...]
Real estate activity in Orlando - January 2023
Market situation Total sales fell by 24.9% from December to January. There were 1,674 sales in January and 2,230 sales in December. This is the lowest number of monthly home sales since February 2009. Total sales in January 2023 were 44.8% lower than in January 2022, when there were 3,033 sales. [...]
Yes, you should buy a house in 2023.
McDONOUGH, Georgia - Mortgage rates are finally coming down, with rates in the 5.6% range for a 30-year fixed mortgage not uncommon in early February. Couple that with declining home prices, an increase in home inventory, and it looks like the great American home buyer finally has [...]