Market Update

Jan. 10, 2014

Orlando Home Equity Low

Orlando Near Top For Upside Down Homes

According a report released this week by RealtyTrac, 36% of the homes in the four county metro Orlando area have mortgages that exceed the value of the property by 25%.  The statewide rate for such properties was 34% and the stateOrlando Short Sale Sign with …

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Dec. 25, 2013

Seminole County To Upgrade Park System

Lake Mary's Greenwood Lakes Park

Ambitious Plan Includes New Parks and Upgrades

Seminole County, already known for its lush parks and trails, has approved a major plan to add facilities and upgrade its existing parks.  An estimated $103 million will be needed over the next decade to upgrade and build new parks, sports fields …

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Dec. 22, 2013

Florida Hospital Buys Lake Mary Property

       Rinehart Place In Lake Mary

                                                                   Lake Mary's Rinehart Place         

Rinehart Place Purchased For $6 Million

One of Lake Mary's most visible pieces of real estate, Rinehart Place, has been sold to Florida Hospital for $6 million.  There …

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Dec. 19, 2013

Seminole County High School Grades For 2013 Finally Released

Seminole County High Schools Grade High

The Florida Department of Education has finally released its letter grades for high schools, considerably later than those grades for middle and elementary schools.  As expected Seminole County High Schools graded well, with seven A's and two B's.  Here are …

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Nov. 27, 2013

Lake Mary Real Estate Update November 2013

Lake Mary Real Estate Stats Send Mixed Signals

Lake Mary real estate numbers were both up and down through for the month of October 2013.  Up when compared to October 2012, down when compared to September 2013.  This pretty much follows the trends of the rest of the …

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Aug. 16, 2013

Orlando Real Estate Market Update August 2013

July numbers have been released by the Orlando Regional Realtor Association.  Here are the highlights:

- The median price of existing homes sold in the Orlando area during July 2013 was up     25% over July 2012.  That’s the greatest increase since the tail end of the boom at the …

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Posted in Market Update