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Home Inventory Increases - 11-2007

Here are the latest percentages of home inventory increases for the Central Florida region.

Lake Mary - 573%
Heathrow - 429%
Longwood - 325%
Oviedo - 574%
Sanford - 482%
Seminole County - 581%
Orange County - 582%
Volusia County - 499%

Weekly Market Update 11.02.07

With everything going on in the housing market, it is tempting to “over correct” in order to fix our problems.  We must be careful in finding the way out of this mess by avoiding methods of over correction.  By completely cutting out some offerings, we could only hurt ourselves worse.  Find out about the top […]

Weekly Market Update 10.26.07

With the onslaught of external factors such as increasing property taxes, insurance and the adjustable rate mortgages, foreclosures are becoming a major problem in the state of Florida.  Many simply walk away from their investments, only to cause more foreclosure and hurt the market, as well as hurting their own credit.  You can fight foreclosure […]

Weekly Market Update 10.19.07

In this week’s market update, we take a close look at how the current lender bureaucracy, property insurance and property taxes have contributed to the foreclosure crisis.  Unfortunately, we also reveal Orlando’s placing at #7 on a top 10 list.  It’s not a good top 10 list.  Find out why, plus check out Winter Springs […]

Weekly Market Update 10.12.07

Orlando Real Estate Downturn Will Continue For Next Two Years
Gitta Urbainczyk, P.A. RECS, E-Pro, Broker Associate
 While some try to hold on to shreds of happiness and optimism regarding the real estate market, the facts speak for themselves.  At the end of the day, the greater Orlando market, much like many other real estate markets across […]

Gitta Urbainczyk Holds $10,000 Agent Drawing

Gitta Urbainczyk (P.A., E-Pro, RECS, CLHMS, Broker Associate), with Keller Williams Heritage Realty, will hold her $10,000 agent drawing at the Luxurious Fountain Parke Development in Lake Mary on November 6, 2007. Over 200 real estate agents from a variety of different companies are invited.  For more information, including detailed press release, click here.

Bashing from National Media Outlets Continue

This week’s culprit - the Wall Street Journal Online.  In this week’s market update, we dive into Wall Street Journal Online and its constant negative reporting regarding Florida and its real estate market.  As well, we’ll spotlight another wonderful place to live in the Greater Orlando Area and feature tons of valuable links showcasing all […]

Orlando Weekly Real Estate Market Update 09.28.07

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 […]

Orlando Weekly Real Estate Market Update 09.21.07

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?  […]

Orlando Weekly Real Estate Market Update 09.07.07

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 […]

And The Highest Price Goes To…The Top 2 Highest Selling Homes of 2007 for Orange, Seminole, Lake & Volusia Counties

The market may seem very slow, but it’s really all in the eyes of the beholder.  Homes are still moving, especially the highest priced homes.  Here are some of the pricey real estate which has sold so far in 2007 in the 4-county area.   
Seminole County

1.     Number one and highest price sold home was in Sweetwater […]

Paying Off Your Mortgage in Six Years Without Changing Your Lifestyle

The Real Estate Market Synopsis
Orlando Real Estate Market Update 08/24/07
Gitta Urbainczyk, P.A.
At first, this may sound too good to be true. If you think you have heard this idea before, you really need to listen to this one now and find out more about it! Most people labor 30 years to pay off their […]

Gitta Urbainczyk Becomes Exclusive Member of The Real Estate Advocate Group

Gitta Urbainczyk Becomes Exclusive Member of The Real Estate Advocate Group

Gitta’s Real Estate Team Dominates Online Real Estate!

Press Release
Gitta’s Real Estate Team Dominates Online Real Estate

How Do Home Price Hold Up In Cities Around Greater Orlando?

The Real Estate Market Synopsis
How Do Home Price Hold Up In Cities Around Greater Orlando?
Orlando Real Estate Market Update 08/17/07
Gitta Urbainczyk, P.A.
Current housing news is as bleak as ever!  Most can’t help but notice all of the negativity regarding the housing market.  It literally seems to be coming in daily doses from all around the […]

The Real Estate Market Synopsis

The Seller’s Fear of Loss vs. The Buyer’s Sense of Loss
Orlando Real Estate Market Update 08/10/07
Gitta Urbainczyk, P.A.
In speaking with many agents across the country, I have found that the general consensus is this. Unelss you are in one of those ‘luxury pockets’ where the homes are selling and buyers are buying, this real […]

How to Prepare The Look Of Your Home To Get The Sale!

Orlando Real Estate Market Update 08/03/07
Gitta Urbainczyk, P.A.
The real estate market is causing a lot of headaches for everyone, and will continue to do so for a long time. The real estate market is in recession, but that doesn’t mean you have to participate! By making your home look as best as possible, and […]

What To Do When You Cannot Pay Your Mortgage Payment

With the real estate market hitting some unprecedented lows, the market forecast is looking very cloudy. It is also going to affect the rest of the economy as you can see by Thursday’s (7/26/07) stock market reactions. Many home sellers are faced with the terrible reality of not being able to cover their mortgage […]

To Stage Or Not To Stage…That is The Question!

Should I stage my home when selling?
Gitta Urbainczyk, P.A.The unequivocal answer for staging is YES. No matter how much the home is selling for, the staging of your home will generate 6.9% more in price! Plus, your home will sell 50% faster according to the International Association of Home Staging Professionals.
Believing in the old adage […]

Assessed Value, Just Value, Appraised Value and Market Value

What Does It All Mean In Today’s Market?
Orlando Real Estate Market Update 07/13/07
Gitta Urbainczyk, P.A.

The real estate market is facing some of the biggest challenges ever, and will continue to face them for the next three years. That’s the latest forecast with little sign of good news. With this in mind, I am focusing this […]