1. What’s the skinny on living in Downtown Orlando…check out this video

  2. Check it out! Competition for Orlando homes is high and spiking prices. Median sales price for a home jumped more than 9% in May. Home inventory is down to what is was in 2005!

  3. CONGRATULATIONS!!! To Fan and Ryan’s family on their new Winter Springs home.  Thank you for letting us be represent you in this important step in your life :)

    CONGRATULATIONS!!! To Fan and Ryan’s family on their new Winter Springs home.  Thank you for letting us be represent you in this important step in your life :)

  4. Networking last night with the Asian American Chamber of Commerce. Had a great time and met some amazing people!

    Networking last night with the Asian American Chamber of Commerce. Had a great time and met some amazing people!

  5. Showing homes today by downtown Winter Garden,FL. who would have thought that they had such a cute and historic centre? (Taken with instagram)

    Showing homes today by downtown Winter Garden,FL. who would have thought that they had such a cute and historic centre? (Taken with instagram)

  6. How a vaulted ceiling accented with rustic wooden beams can create both space and warmth.

    How a vaulted ceiling accented with rustic wooden beams can create both space and warmth.

  7. Our seasons may be mild but in Florida we are just as excited to bring in Fall as any Northerner.  During fall Orlando is alive with a plethora of Fall Festivals, Pumpkin Patches and festive Theme Park fun.  This pumpkin patch in Longwood, Florida is a perfect example.

  8. How a touch of fall can brighten a room.

    How a touch of fall can brighten a room.

  9. Sales are up in Orlando!  Home prices are up almost 19% since this January.  Foreclosures are down. Just some of the many highlights in our short market minutes video.  Tune in!

  10. Orlando Home listings edge up

     

    Existing home sale prices for the Orlando area held steady from September to October but it was the first time in more than a year since the number of houses on the market actually increased, according to a report released Tuesday by the Orlando Regional Realtor Association.

    The median price for a house in an area that mostly consists of Orange and Seminole counties was $112,700 in October _ up from $112,500 in September. Prices last month were up 7 percent from a year earlier.

    One slight shift in the housing market during October was that, for the first time since July 2010, the number of houses listed for sale grew. By the end of the month, the market had 9,973 houses awaiting a buyer, which was 42 more than in September. Even with the increase, the market continues to have a fraction of buying opportunities than it has had in recent years. It was saturated with a high of 26,330 listings in October 2007 and 15,441 listings this time last year.

    At the current pace of sales, Orlando has a 4.82-month supply of homes; six months is considered a normal market.

    In October, sales of normal homes commanded a median price of $153,000, while short sales fetched a median of $95,000 and bank-owned houses had a median price of $80,000. The normal sales accounted for about 41 percent of all 2,068 sales during the month.


    The number of sales was down from 2,243 in September but up from 1,953 in October 2010.

    Buyers who purchased an Orlando area home in October paid average interest rate of 4.21 percent, which is slightly above the 4.19 percent average interest rate recorded for September. That rate was the lowest since the association began tracking the statistic in 1995.

    Homes of all types spent an average of 106 days on the market before coming under contract in October, and the average home sold for 94.66 percent of its listing price. A year ago, those numbers were 91 days and 94.67 percent, respectively.

  11. The Joys of Homeownership

    Today’s experts spout off the latest statistics about long-term wealth, home values, and interest rates, yet there’s a much more sentimental side to homeownership. In fact, many home buyers are drawn to homeownership for these warm and fuzzy reasons.


    Owning a home allows you to put down roots, both figuratively and literally. On one hand you become part of a neighborhood and community. When you rent, neighbors come and go as quickly as leases renew. Homeowners, however, tend to stay put longer.

    What does this mean for you? You can develop, many times, lifelong relationships. This also means your home will see you through many of life’s important milestones.

    It makes sense. Many people enter the realm of homeownership as young couples looking to build a nest. They plan on starting their own family and need room to expand and grow. These family homes will see many firsts and will be the container of countless memories. Additionally, homeownership gives families more room to entertain and this means extended family will also share in building memories.

    It’s not just young families, though, that seek homeownership. Families with teenagers seek larger homes to room their growing brood. Retiring adults may wish to start a new phase and new memories, seeking out warmer climates or smaller, more manageable homes.

    These little moments are what life is all about. Memories from Christmas mornings and summer vacations will fill minds for years to come.

    On the other hand you literally can put down roots by planting trees and shrubs! Renters are rarely afforded the luxury of gardening. In fact, digging up the landlord’s yard is frowned upon. As a homeowner you are able to create your own green oasis, including trees that will mature alongside your children and gardens that will feed your hungry pack.

    There is a certain pride that comes with homeownership. This little piece of property and land is yours. There’s no one that can evict you or take it away. This security allows people to form deep attachments to both the land and home.

    This pride of ownership spurs many owners to make improvements and additions, both to keep the home in working order and to make it more comfortable and usable, which in turns improves neighborhood values and overall curb appeal.

    Why do people buy? They may be initially motivated by changes in circumstance, such as a new job or a new family, but they buy based on emotional responses. People want a house that can become their home, where they’ll fill it with good times and memories. Be sure to remember this sentimental side of homeownership the next time you read about stocks, bonds, and housing woes.

    by Carla Hill
    Realty Times

    To start your home search with us now click here

  12. College Park, Florida is known for its craftsman style bungalows, but you can find some lovely examples of Spanish Style Mediterranean delights as well.  All in the heart of Downtown Orlando without violating that small town community feel.
To search College Park area homes click here

    College Park, Florida is known for its craftsman style bungalows, but you can find some lovely examples of Spanish Style Mediterranean delights as well.  All in the heart of Downtown Orlando without violating that small town community feel.

    To search College Park area homes click here

  13. While we may not have basements here in Florida due to our high water table, many of our homes have great attic spaces.  I love this example of how you can make your attic space a magical haven.  Suitable for all ages :)

    While we may not have basements here in Florida due to our high water table, many of our homes have great attic spaces.  I love this example of how you can make your attic space a magical haven.  Suitable for all ages :)

  14. Here is a great use of a small outdoor patio space in cute bungalow style condo I showed today in Maitland, Fl.  Love the bonsai style bamboo plant!
For more on this unique space hit the link below:
http://idx.diversesolutions.com/search/5472/24#PropertyID=39735262

    Here is a great use of a small outdoor patio space in cute bungalow style condo I showed today in Maitland, Fl. Love the bonsai style bamboo plant!

    For more on this unique space hit the link below:

    http://idx.diversesolutions.com/search/5472/24#PropertyID=39735262

About me

Jennifer De Vivo is a Realtor the Orlando, Florida area. Her advice and comments have been featured on MSNBC, Forbes Online, Investopedia, Minyanville and more. Her blog spotlights her favorite homes, communities and design ideas. For help with buying or selling a home visit her at www.devivorealty.com

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