Real estate activity in Orlando - March 2020
Real Estate Activity in Detail The Orlando real estate market in March saw its sales improve by almost 2% compared to March 2019, while the average price increased by 8%. Inventory experienced a 10% year-over-year decline, according to a report from the Orlando Regional REALTOR® Association. ORRA President Reese Stewart, RE/MAX Properties SW, [...]
Real estate activity in Orlando - February 2020
Real Estate Activity in Detail The Orlando real estate market in February saw its home sales improve by more than 4% compared to February 2019, while the median price increased by 6%. Inventory experienced a 17% year-over-year decline and continues to be a dampening factor, according to a report from the Orlando Regional REALTOR® Association. [...]
Winter Garden is Top 10 in new survey
Presentation A "winter garden" in the Sunshine State? It's true - and it's where 54,371 residents of the Orlando metropolitan area call home. But don't let the name confuse you: like the rest of Florida, Winter Garden has a warm subtropical climate and an average of 236 sunny days a year. And, in [...]
Real estate activity in Orlando - January 2020
Real Estate Activity in Detail The Orlando real estate market in January marked the second consecutive month of double-digit year-over-year sales increases, reports the Orlando Regional Realtors Association - ORRA. Sales improved by more than 16% compared to January 2019, while the average price experienced [...]
New home sales are expected to increase by 12% in 2020, protecting the American market from a recession.
The US housing market will be a "growth engine" for the economy in 2020, dispelling the risk of recession, according to Fannie Mae's chief economist Doug Duncan. "Housing looks poised to take a leading role in real GDP growth over the forecast horizon for the first time in [...]
Real Estate Activity in Orlando - October 2019
Real Estate Activity in Detail The Orlando real estate market recorded a 6% year-over-year increase in average price and a small 1% drop in sales in October. The inventory of homes available for purchase appears to be back on a downward trend, with a drop (5%) for the third month in a row. [...]
Real Estate Activity in Orlando - June 2019
Real Estate Activity in Detail Housing sales in Orlando suffered a slight drop in June, falling 2% compared to June 2018, during what is traditionally close to the peak of our real estate buying season. "We expect June's sales decline to reverse in the coming months as [...]