Tag: Orlando Housing Market
Based on the Orlando Regional Realtor Association’s latest market data, the median residential home sales price for the Orlando MSA in June 2023 was recorded at $385,000, up from $378,000 in May. Median home prices have increased every month this year. The median home price in June 2023 was close... Read More
The housing market in Orlando, Florida has remained strong, during the first quarter of 2023. Despite the challenges posed by the COVID-19 pandemic, the city’s real estate market has proven to be remarkably resilient over the past several years. Factors such as a strong job market, a growing population, and... Read More
Even before the pandemic, Florida was a magnet for millionaires eager to purchase a tax-friendly retreat. Now, as more high-net-worth homebuyers head further south, the Sunshine State has become home to some of the country’s priciest neighborhoods. While cities within New York and California have historically... Read More
67% of Americans say a housing market crash is imminent in the next three years. With all the talk in the media lately about shifts in the housing market, it makes sense why so many people feel this way. But there’s good news. Current data shows today’s market is nothing like it was... Read More
At first glance, the increase in housing supply compared to last year may not sound like good news for prospective sellers, but it actually gives you two key opportunities in today’s housing market. An article from Calculated Risk helps put the inventory gains the market has seen in 2022 into perspective by comparing it to recent... Read More
With the rapid shift that’s happened in the housing market this year, some people are raising concerns that we’re destined for a repeat of the crash we saw in 2008. But in truth, there are many key differences between what’s happening today and the bubble in the early 2000s. One of the... Read More
Stop me if you’ve heard this one before: Home prices hit a new record high in metro Orlando. Despite a decline in home sales and a jump in inventory, Tapering sales and more homes on the market give buyers a little more negotiating power,... Read More
A 20-story skyscraper soon may rise from a 1.6-acre property just north of downtown Orlando. New York-based Acram Group wants to build the mixed-use project at 924 N. Magnolia Ave., on the two-building parcel it bought for $6.7 million in 2021, according to documents... Read More