Are you feeling stuck with your property? Have you tried and tried to sell it, only to watch it sit on the market longer and longer? It’s a big worry among many homeowners out there. Changing mortgage conditions combine with this to cause higher payments, eventual missed payments, and the onslaught of foreclosure. The best thing […]
New Smyrna Beach occupies a notable place in history as the site of the largest single attempt at colonial settlement in what is now the United States. Dr. Andrew Turnbull, a Scottish physician and entrepreneur, obtained a grant of land from the British Crown. In 1768 he established a colony of 1225 immigrants on the […]
A Breath of Fresh Air in the Real Estate Market?
With the recent cut of 1/2% on interest rates by the Fed, there certainly seems to be an indication that help from above is coming. However, what does this mean to sellers in our marketplace? Is this cut going to help now, or down the line? […]
An article in the September 9th Orlando Sentinel newspaper which addresses the issue of home sales in Orlando and Orlando real estate in general was well written and addresses the issues we are presently facing when selling home.
Home builders are offering incentives for buyers and realtors. Gitta Urbainczyk, with Keller Williams Heritage Realty, is offering two […]
If you look around in the media, or hang around the watercooler, chances are you’re going to hear over and over again about the misery of the real estate market. But is it really that bad out there? Due to the squeeze, builders are taking a break from high-priced homes and returning their focus to […]
Engel Homes, as well as many other new home builders, are dishing up some great developments around the greater Orlando area. When buying new homes and engaging one of Gitta’s Team Agents, you can really benefit. You are almost assured at a chance to get an even large discount, other concessions and a better new home deal.
Recently, we saved a […]
The headline article in today’s Orlando Sentinel is correct in many ways. However, there are pockets within the market (especially in Seminole and Orange Counties) where prices are up and sellers are staying at their price. When taking a look at the overall market, it looks worse then it really is. In this market, Gitta Urbainczyk, […]
In an August 28th article in the Orlando Sentinel, a very serious subject is addressed - rising foreclosure rates hitting many states, including Florida. Indeed, we are the epicenter of foreclosures to come and I agree a bailout is not the right approach.
For people already in the terrible position of foreclosure, Gitta’s Real Estate Team with Keller Williams […]
The Real Estate Market Synopsis
Slight Improvements in Orlando Unsold Inventory of Resale Homes and Average Home Prices
Gitta Urbainczyk, P.A., E-Pro, RECS, CLHMS, Broker Associate
While the negative real estate news on the national scene seems to indicate that the sky is falling, we are so lucky to be in the Orlando area where great economic news […]
This week, the market actually took a turn for the better by a reduction of the overall inventory from 31,500 homes to 31,100. This is a welcomed occurrence. We hope this will continue in the future and the market will stabilize. Because of the increase in unemployment numbers, we are going to see a reduction […]