Found 10 blog entries tagged as Disney Area Market Stats.

YPN'S 20 UNDER 40 RISING STARS AWARDS - 2016

YPNWhitePartyGroupWeb

Shannon Christian, a senior agent with Carlos German & Team, Inc., was recently honored by the Orlando Regional Realtor Association. Shannon was chosen as a local rising star in the first annual ORRA Young Professionals Network 20 Under 40 Rising Star Awards. We have always known Shannon was a star agent, but now she has the title to prove it!

The ORRA Young Professionals Network exists to empower young real estate professionals by offering networking and offering continuing education. The organization is also involved in community service projects benefiting the Central Florida area. This is the first year that the YPN has offered the Rising Star Awards, and this honor was only given to 20 area real…

6157 Views, 0 Comments

If you've considered buying property in Orlando it might have been due largely in part to being in close proximity to Disney World and other amazing theme parks as well as our warmer climate. Orlando, the City Beautiful, is a family oriented city with an abundance of entertainment and easy access to beaches on either coast. Now, Orlando is proclaimed as the #2 housing market to invest in for 2016.

Push Pin

Forbes teamed up with Local Market Monitor, a North Carolina based data company to determine the 20 best housing markets to invest in this year. The characteristics used to determine the best buy cities included healthy job growth, strong population growth, and forecasted home price appreciation.

Orlando has seen a 10% home price increase year over…

4804 Views, 0 Comments

Prices are rising in Florida: Florida cities have had the largest year-over-year increases in average list prices, according to the latest real estate data from Realtor.com. Florida cities make up 9 of the top 10 places for highest year-over-year list price spikes, based off of August data of 2.2 million listings in 146 markets.

Nationwide, the average list price is $320,325, up 2.36 percent year-over-year.

Here are the top 15 cities boasting the highest percentage of year-over-year increases in average list prices.

1. Miami
Average list price: $640,332
Year-over-year increase: 27.4%

2. Fort Myers-Cape Coral, Fla.
Average list price: $443,570
Year-over-year increase: 26.27%

3. Central-Fla.-RSA
Average list price: $405,809
Year-over-year increase: 19.41%

4.…

49652 Views, 0 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%)…

58495 Views, 0 Comments

After seeing modest attendance gains in 2010, Florida theme parks have high hopes for 2011 and going into next year. Indirectly, this is good news for real estate investors and second home owners, with better attractions and new venues in the area, resort style communities will surely be in higher demand.

Many of Central Florida’s main destinations have added new attractions this year. Disney’s Hollywood Studios revamped its Star Tours ride with a 3D Star Wars theme. Disney’s Animal Kingdom offers an add-on experience which allows guests to join a small group on a guided expedition to see the park’s wild animals on foot and by special vehicles. Sea World features a new whale show called “One Ocean.” An hour away in Tampa, Busch Gardens is touting its new…

168912 Views, 0 Comments

The market may be struggling to recover in America overall, but there are a few markets that are currently seeing good conditions for buying and rising sales. We're happy to say that Orlando is improving faster than most places, and it looks like a great time to buy.

Consider the facts: According to the Florida Realtors latest housing figures, home sales increased by 12 percent in March compared to last year with over 18,522 total homes sold across the state. Condo sales are doing even better and are up 24 percent across the state in the same period. Seventeen metropolitan areas reported higher home sales.

But, even though sales are up, it's an excellent time to be a buyer because prices are down from last year. The median price for homes in March…

48040 Views, 3 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…

2662 Views, 0 Comments

In the world of New-Home sales, the future is beginning to brighten up. Surpassing expectations, the government reported that sales of new homes increased by nearly 7 percent in September. But you’re thinking, what should I expect if I’m looking to sell my current home? Recent reports show that sales of existing homes rose 10 percent, leading experts to believe the housing demand is again on the rise after it bottomed out in late summer.

While this is good news, new-home sales are still 21.5 percent below where they were last year. The first-time homebuyer tax credit is much to blame for this difference. Prices are rising slowly, but rising nonetheless. Barclays Capital economist, Nicholas Tenev says that it looks like new home sales have finally…

2369 Views, 0 Comments

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…

2288 Views, 0 Comments

Increases in the median sales price of both bank-owned homes and short-sale homes have helped Orlando’s overall median home price increase for the third consecutive month, to $115,000!

Members of the Orlando Regional REALTOR® Association reported an increase of 32.74 percent on completed home sales from April 2009 to April 2010. In addition to this great news is the fact that the number of new contracts filed in April 2010, is an increase of 53.02 percent over April of last year!

Another indicator that the real estate market in Florida is improving is that there are 86.18 percent more homes (10,832) under contract and awaiting closing in April of this year than in April of last year (5,818).

Orlando Regional REALTOR® Association Chairman of the…

2222 Views, 0 Comments