A News recently hit the market stating that existing home sales slipped 0.2% in July to an annual rate of 5.75 million units, compared to an expected rate of 5.70 million. This was the slowest pace of home sales since November 2002. Existing home sales remain down 9.0% on the year. The Financial markets are maintaining […]
Jerry Jackson The Orlando Sentinel Dear Jerry: The blaring headlines of your front-page article this morning in the Orlando Sentinel about the housing market screamed: THE BIG SLOWDOWN (actually in red letters) ‘SCARY’ HOUSING MARKET TUMBLES (larger black letters) However, the text of the article shows that the growth rate in the metro Orlando market […]
By Karen Arbutine in News with 0 Comments
As you know the banking industry is extremely unstable. It is making this business of selling a house very unsettling. Countrywide Home loans announced on Wed. that they may be filing for Bankruptcy in the future. Bank of America recently gave Countrywide a cash infusion. First Magnus another extremely large subprime lender is not in business as […]
If you are hoping to move into a new place, get ready to see your house get compared to a number of other “comps”. “Comps” is a term used to refer to other houses that are similar to your own. Most often, the valuation of your house will be based on the value of other […]
What does the market say your home is worth? Don’t be greedy. Most sellers tend to set the price too high, thinking their home is worth more than it really is. Check the sales prices of comparable homes that recently sold and the asking prices of comparable homes that are currently for sale in your […]
By Karen Arbutine in RE/MAX with 0 Comments
RE/MAX Central Realty offers two convenient locations to better serve our customers! The Agents at RE/MAX Central Realty services The Greater Orlando area which includes Lake Mary | Altamonte Springs | Sanford | Longwood | Heathrow | Windermere. RE/MAX Agents Outsell their Competitors 3 to 1! Karen Arbutine has been named the #1 listing agent […]