Sales of existing homes in Florida rose 15 percent in June, marking 22 consecutive months that sales activity has increased in the year-to-year comparison, according to the latest housing data released by Florida Realtors®.

A total of 18,038 single-family existing homes sold statewide last month compared to 15,732 homes sold in June 2009, according to Florida Realtors. June’s statewide existing home sales increased 7.7 percent over statewide sales activity in May. Meanwhile, June's statewide existing-home median price of $143,400 was 2.1 percent higher than May’s statewide existing-home median price of $140,400. It marks the fourth month in a row that the statewide existing-home median price has increased over the previous month’s median.

Fifteen of…

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Due to the turbulence in the recent economy, there are a few different types of real estate sales that one hears about frequently. When preparing to enter the real estate market, whether as a seller or a buyer, it is important to know the terms used, and the implications of each type of sale.

Short Sale Property


You often will hear the term “short sale”. A short sale is when the homeowner owes more on their mortgage than the home can sell for in today’s real estate market. There are a few ways this can happen. One way is when a homeowner takes out an equity loan (to pay off other bills) that amounts to greater than the home can sell for including closing costs.

Another way this could happen would be if the homeowner originally bought the home with what…

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If you thought that the idea of real estate being a great investment was a thing of the past, think again.  The fact that the home prices are so low and rent has not dropped to match, investors are beginning to come back.  Another interesting change is that there is an increase of buyers paying with cash.

The share of home sales involving all-cash transactions was 26 percent in January, up from 18 percent a year earlier, according to the National Association of Realtors.  The reason for investors paying cash is largely due to the fact that they can avoid paying interest charges on loans and get a larger return on their investment.

National Association of Realtors data shows a pickup in investment activity. Home purchases made by investors climbed to 17…

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For the first time in years, the number of people facing foreclosures is declining.  This means that the end of the crisis is in sight.  There is a long road back to stability ahead of us, but it does not look like things will get worse. 

This long road ahead is due to the fact that the housing values have dropped to roughly half of their peak.  These deeply discounted houses will put pressure on home prices for years to come.  Mike Larson, a real estate analyst with Weiss Research said, “Housing is on a path to recovery but it’s going to be a very long, gradual process.”

The good news is that it has begun to change.  The percentage of borrowers who missed just one payment on their home loans fell to 3.6 percent in the October-to-December quarter from 3.8…

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Orlando Florida (December 3th, 2009) – Carlos German & Team, with Orlando Classic Homes, announced today, the official launch of their new state-of-the-art real estate website for buyers and sellers in the Disney World Orlando area, www.CarlosAndTeam.com. The new website provides visitors with powerful tools to narrow down their search and find properties with improved ease of use.

“We really wanted to provide the most powerful real estate search in the Disney area and I think we’ve achieved that,” .said Carlos German, Realtor®, ABR®, e-PRO® and Team leader at Carlos German & Team

The website provides access to the entire database of MLS listings in Orlando, Kissimmee, Davenport, Clermont, Haines City, Windermere and surrounding areas. It also allows…

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Hello and welcome to the all new blog of Carlos German and Team! In this space, you will find the latest and greatest news and tips about the real estate market in central Florida, and especially the Disney World area.

Who Are We?

Carlos German & Team is a real estate team that specializes in the sale of property around the highly desirable, Central Florida and Disney World areas. We work with new, resale and foreclosure properties in vacation, residential and golf communities near Disney World in Orlando.

Why Should You Read This Blog?

You should read this blog if you want to stay up to date with the real estate news and market conditions around Disney World in Orlando. National news outlets tend to talk about market trends after research groups…

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