Found 10 blog entries tagged as Florida Real Estate.

YPN'S 20 UNDER 40 RISING STARS AWARDS - 2016

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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…

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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.

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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…

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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.…

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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…

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Foreign buyers are eyeing property in the US now more than ever with a $16 billion surge this year in international purchases. Total residential international sales in the US amounted to $82 billion in the year ending in March 2011, up from $66 billion in 2010.

“The U.S. has always been a desirable place to own property and a profitable investment,” said NAR President Ron Phipps. “In recent years we have seen more and more foreign buyers coming here to take advantage of low prices and plentiful inventory. In addition to the advantageous market conditions, REALTORS® in this country have a global perspective and experience in working with clients from different cultures and real estate practices, helping them bring value to their international clients.”

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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…

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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…

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You wouldn't believe how many questions I receive from Canadian residents interested in purchasing properties in Florida and other parts of the United States. There are certain things to consider as a Canadian resident interested in purchasing property in the US, but they aren't anything that can't be overcome without some help from your realtor.

  • One of the questions that frequently comes up is simply "Can a Canadian resident like myself purchase a house in the US?" Yes. You pay for the house and receive a title, just like with any local purchase. Residents of Canada interested in financing a home in the United States as opposed to paying cash, should look towards Canadian banks that have branches in the United States.

  • Another concern many Canadian…

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Sales of existing single-family homes in Florida rose 44 percent in fourth quarter 2009 compared to the same period a year earlier, according to the latest housing statistics from Florida Realtors®. A total of 43,926 existing homes sold statewide in 4Q 2009; during the same period the year before, a total of 30,610 existing homes sold. It marks the sixth consecutive quarter that Florida has seen higher existing year-to-year home sales, according to the state association.

Statewide sales of existing condominiums in the fourth quarter rose 93 percent compared to the same time the previous year. This marks the fifth consecutive quarter for increased statewide sales in both the existing home and condo markets compared to year-ago levels.

To gain insight into…

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Here’s something we can all be cheer about – Florida home sales are up and have been increasing steadily each month for the past 15 months!

2009 Florida Realtors President Cynthia Shelton states that, “Housing affordability is at its peak and the highest on record: Along with still-low mortgage rates, it means that the buying power of a typical family has never been better.” Interest rates for a 30-year fixed-rate mortgage averaged 4.88 percent last month, a significant drop from the average rate of 6.09 percent in November 2008, according to Freddie Mac. Becoming a homeowner is now easier than ever!

The news is not only good for buyers, but also sellers are finding it a good opportunity as the market is beginning to balance.

The National…

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