Orlando Real Estate Thoughts

There are currently 18 blog entries related to this category.

CT New Homes

Carlos German & Team  announced today the expansion of its online real estate inventory, which will include new communities and building plans within the entire central Florida area through its website www.CarlosAndTeam.com. This website includes content sourced directly from the Builders Digital Experience (BDX) database, which assures the most up-to-date  content for new communities distributed by any competing brokers in the area.
 
Customers browsing www.CarlosAndTeam.com now have access to over 200 communities under development with over 2,000 new homes not listed in the multiple listing service (MLS). This is in addition to the over 40,000 listings currently showcased on the website, which features resales, foreclosures, and short sales.
 
“We are

3,717 Views, 0 Comments.

Awesome Happy Holiday The holiday season is here, and people are feeling festive. It is the time of year when our hearts our hearts are just a bit larger, our smiles are just a bit wider, and our families are just a bit closer. We here at Carlos German & Team would like to take a moment to wish you and yours a healthy and happy holiday season!

As you prepare to celebrate with your family, take a moment to reflect on this year. Tell the ones you love that you appreciate them, and be thankful for all that you have. Please remember that everyone is not as fortunate as you may be. Make an effort to thank friends and family for all they do. Smile at a stranger on the street for no reason at all. If you have a spare hour this season, use it to spread good cheer. Please pause to

2,298 Views, 0 Comments.

Carlos German '30 Under 30' HonoreeCELEBRATION, FL. – Juan Carlos German, real estate broker and founder of Carlos German & Team, Inc. in Celebration, Fla., has been recognized as one of the nation’s accomplished young professionals from throughout the United States and, for the first time, Canada, by Realtor Magazine.

“Being recognized as a ’30 Under 30’ honoree by Realtor Magazine is a dream come true,” German said (Top right on magazine cover). “Ever since I learned about the program, I have envisioned this day becoming a reality.”

“When I started out in my real estate career, nothing was given to me; I didn’t have a path paved out, and I had no knowledge of the industry. In fact, when I arrived in the U.S. in my teens, I didn’t even know the language! My struggles were plenty,

33,186 Views, 0 Comments.

Flood Insurance in FloridaIt is  hurricane season again and it is time to talk about flood insurance.   At this time of the year many clients want to discuss what their hazard policies cover in the event of hurricane damage.  It’s important to stress to clients that flood coverage is not included in a standard hazard policy and must be purchased separately.
 
Hazard policies do cover for water that enters a property through an opening created by wind, but not for rising ground water from heavy rain, or water that overflows from a lake or river.   Flood insurance applies to that area-wide flooding, covering multiple properties.
 
FEMA (Federal Emergency Management Agency) regulates flood insurance policies.   Insurance agents sell flood insurance policies, but regardless of the

1,380 Views, 0 Comments.

On behalf of Carlos German & Team we would like to thank you all for a wonderful year, this year we were fortunate enough to grow our team and help more clients acheive their real estate dreams. We would like to thank you for your trust and loyalty through 2013 and wish you a wonderful new year. Thank you for always thinking of Carlos German & Team for your real estate needs. Happy holidays and cheers to a wonderful 2014.

1,523 Views, 0 Comments.

International Tourists Gain Financing.

An international traveler can soak in the sights of sunny Orlando, Florida and shop for a vacation home for that return trip. Owning a set vacation home definitely reduces the pressure to take in every sight on every trip! Most international tourists fail to understand that they can get financing for their own place near Orlando’s attractions. They mistakenly assume that home financing in the United States is not possible for foreign nationals.

United States Residency Does Not Matter.

In the Orlando market, however, there are still banks offering loans to residents of other countries. Contrary to common misconceptions, not all mortgage lenders require local, or even, United States based residency. Qualified

2,142 Views, 0 Comments.

newhomepage_400

As you’ve probably seen, we have made some upgrades to our website. The new features had actually been in the works for about five months as nothing we do here at Carlos German And Team is taken lightly. Our online presence has really been a hit with customers and we didn’t want to take away the things you already love but we certainly wanted to make sure we stayed on the leading edge. However, in order to do that, some upgrades had to be added to our website to make your experience much easier than it has ever been.

Not only that, but there were many upgrades that needed to be done behind the scenes for performance, management of listings, management of inquiries, leads, follow up emails, property emails, etc. In the end, what we have today is a

121,284 Views, 1 Comments.

Orlando’s economy vastly hinges on tourism. One would imagine with the recent recession that numbers are down, but here are some of the facts. Tourism accounts for nearly 380,000 jobs in the tri-county area (31% of total employment in the Orlando three-county area). 2009 had $27.6 billion in visitor spending.

2009 brought more than 46.5 million visitors to Orlando, roughly a 6% drop from 2008. That accounts for domestic and international visitors for both leisure and business. 2010 on the other hand brought 51.45 million visitors, a 10.5% increase from the previous year, as you can see on the table below.

untitled-2_558

You can see significant increases all around except for in business and in visitors from UK.

Overnight visitors account for nearly two-thirds (64%)

43,820 Views, 0 Comments.

So what has been going on with interest rates lately? It is important to know that according to all relevant surveys and expert opinions, mortgage levels will see little change in the current rates. The 30-year fixed mortgage rates tend to fluctuate in unison with the yield on the ten-year treasuries. This is not to be confused with the Prime Lending Rate that typically receives the most press. Ten-year treasuries are used to partially fund the national debt in the United States. Since the debt continues to grow, we have to continue to attract more overseas capital to fund our debt. When this capital starts to seek other safe havens and begins to dry up, the interest rate on the ten year notes start to climb in an attempt to attract more capital. The old

33,215 Views, 0 Comments.

At last there are rebounds in the real estate market… Vacation Home sales have been reported at soaring levels that have not been seen since the days of the housing boom, according to The Wall Street Journal. Deep discounts and cash purchases are the reason according to analysts, in various areas across the country, and certainly the rise has been felt here in Florida.

What does that mean for you? It means that now is the time for ACTION. If you are looking to buy or wanting to sell Vacation Properties, then we should be talking today.

Sales across Florida are rising, for example in Palm Beach there has been a nearly 40 percent increase over the past year from 2009. Buyers are coming off the sidelines and stepping up to the plate to take advantage of

2,047 Views, 0 Comments.