Every Monday, ORRA’s Monday Morning Quarterback Report gives you a snapshot of the previous week’s market activity, including sales, prices, days on market, and much, much more.
Monday Morning Quarterback for December 1st, 2024 – December 7th, 2024
Single-family existing homes
Sales of single-family homes increased to 401 during the week of December 01, from 250 the week prior
The median price of single family homes increased to $445,000 a change of 2.3%
The number of single-family home foreclosure transactions decreased to 2 from 3 the week prior
The number of single-family short-sale transactions increased to 1 from 0 the week prior
Single-family inventory decreased by 12, and now sits at 7,682.
Condos, townhomes, and villas
Sales of condos, townhomes, and villas increased to 102 during the week of December 01, from 70 the week prior
The median price of condos, townhomes, and villas increased to $292,000 a change of 11.0%
The number of condo, townhome, and villa foreclosure transactions remains constant at 0
The number of condo, townhome and villa short-sale transactions remains constant at 0
Condo inventory increased by 58, and now sits at 3,845.
Teri Isner is the team leader of Orlando Avenue Top Team and has been a Realtor for over 24 years. Teri has distinguished herself as a leader in the Orlando FL real estate market. Teri assists buyers looking for Orlando FL real estate for sale and aggressively markets Orlando FL homes for sale.
You deserve professional real estate service! You obtain the best results with Teri Isner plus you benefit from her marketing skills, experience and ability to network with other REALTORS®. Your job gets done pleasantly and efficiently. You are able to make important decisions easily with fast, accurate information from Teri. The Orlando Avenue Top Team handles the details and follow-up that are important to the success of your transaction.
Fresh holiday trees are beautiful, smell great and really add to the spirit of the season. Following some proven safety tips might help you avoid a disaster and keep the Grinch away.
Select a tree with fresh green needles that don’t fall off when touched or when the trunk is tapped on the ground.
When trees are cut too early, they have a greater risk of drying out and can become more dangerous especially with electrical lights.
Cut 1” to 2” off the base of the tree before placing it in the stand to facilitate it drawing water to the limbs and quills.
Trees require water similar to cut flowers or they’ll dry out. Tree stands should hold at least one gallon of water and it should be checked every day. A six foot tree could use up to a gallon of water every two days.
Position the tree a minimum of three feet or further from heat source like fireplaces, space heaters, heat vents or candles. Do not allow the tree to block an exit.
Lights should be labeled from an independent testing laboratory and intended for indoor use.
Follow manufacturer’s recommendations for how many strings of lights can be connected to each other.
Turn off all tree lights when you go to bed or leave the home.
If the tree becomes dry and begins shedding needles, it can be a fire hazard and should be removed from the home. Even if the holidays are not over, it is not worth the risk to keep it in your home.
After the gifts have been opened, don’t return the paper and boxes under the tree.
Remove the tree as soon as possible after the holidays.
Trees should never be burned in a fireplace. The trees will burn very hot and quickly when they are dry and could spread outside of the fireplace which could cause an unfriendly fire.
Check to see if there is a recycling program for holiday trees in your community.
The National Fire Protection Association reports that “one of every three home Christmas tree fires are caused by electrical failures and a heat source too close to the tree causes roughly one in every six of the fires.”
Teri Isner is the team leader of Orlando Avenue Top Team and has been a Realtor for over 24 years. Teri has distinguished herself as a leader in the Orlando FL real estate market. Teri assists buyers looking for Orlando FL real estate for sale and aggressively markets Orlando FL homes for sale.
You deserve professional real estate service! You obtain the best results with Teri Isner plus you benefit from her marketing skills, experience and ability to network with other REALTORS®. Your job gets done pleasantly and efficiently. You are able to make important decisions easily with fast, accurate information from Teri. The Orlando Avenue Top Team handles the details and follow-up that are important to the success of your transaction.
Every Monday, ORRA’s Monday Morning Quarterback Report gives you a snapshot of the previous week’s market activity, including sales, prices, days on market, and much, much more.
Monday Morning Quarterback for November 24th, 2024 – November 30th, 2024
Single-family existing homes
Sales of single-family homes decreased to 250 during the week of November 24, from 365 the week prior
The median price of single family homes increased to $435,000 a change of 1.2%
The number of single-family home foreclosure transactions increased to 3 from 1 the week prior
The number of single-family short-sale transactions remains constant at 0
Single-family inventory decreased by 152, and now sits at 7,694.
Condos, townhomes, and villas
Sales of condos, townhomes, and villas decreased to 70 during the week of November 24, from 102 the week prior
The median price of condos, townhomes, and villas remains constant at $263,000
The number of condo, townhome, and villa foreclosure transactions decreased to 0 from 1 the week prior
The number of condo, townhome and villa short-sale transactions remains constant at 0
Condo inventory decreased by 91, and now sits at 3,787.
Teri Isner is the team leader of Orlando Avenue Top Team and has been a Realtor for over 24 years. Teri has distinguished herself as a leader in the Orlando FL real estate market. Teri assists buyers looking for Orlando FL real estate for sale and aggressively markets Orlando FL homes for sale.
You deserve professional real estate service! You obtain the best results with Teri Isner plus you benefit from her marketing skills, experience and ability to network with other REALTORS®. Your job gets done pleasantly and efficiently. You are able to make important decisions easily with fast, accurate information from Teri. The Orlando Avenue Top Team handles the details and follow-up that are important to the success of your transaction.
Every Monday, ORRA’s Monday Morning Quarterback Report gives you a snapshot of the previous week’s market activity, including sales, prices, days on market, and much, much more.
Monday Morning Quarterback for November 17th, 2024 – November 23rd, 2024
Single-family existing homes
Sales of single-family homes increased to 365 during the week of November 17, from 305 the week prior
The median price of single family homes decreased to $430,000 a change of -6.0%
The number of single-family home foreclosure transactions decreased to 1 from 2 the week prior
The number of single-family short-sale transactions remains constant at 0
Single-family inventory increased by 3, and now sits at 7,846.
Condos, townhomes, and villas
Sales of condos, townhomes, and villas increased to 102 during the week of November 17, from 83 the week prior
The median price of condos, townhomes, and villas decreased to $263,000 a change of -7.7%
The number of condo, townhome, and villa foreclosure transactions remains constant at 1
The number of condo, townhome and villa short-sale transactions remains constant at 0
Condo inventory increased by 43, and now sits at 3,878.
Teri Isner is the team leader of Orlando Avenue Top Team and has been a Realtor for over 24 years. Teri has distinguished herself as a leader in the Orlando FL real estate market. Teri assists buyers looking for Orlando FL real estate for sale and aggressively markets Orlando FL homes for sale.
You deserve professional real estate service! You obtain the best results with Teri Isner plus you benefit from her marketing skills, experience and ability to network with other REALTORS®. Your job gets done pleasantly and efficiently. You are able to make important decisions easily with fast, accurate information from Teri. The Orlando Avenue Top Team handles the details and follow-up that are important to the success of your transaction.
It’s time to gather around with friends and family to give thanks for all that has happened to us throughout the year and time to share in a feast fit for kings. If you want more out of your Thanksgiving this year, you might want to “give back” in one way or another. There are many ways that you can “give back” this Thanksgiving and I have listed a few of those for you below.
Shop for your Thanksgiving feast at your local farmers market. By shopping at your local farmers market you are helping to support local businesses and in turn that helps your local economy.
Use organic foods for your Thanksgiving meal. By choosing to use organic you are not only helping your family to be as healthy as they can be, you are also helping organic farmers as well.
Help out at a local food bank or soup kitchen a few hours on Thanksgiving Day. If you have children this is a great way to show your children how to help others who are less fortunate than they are.
There are many other ways you can give back this holiday season and a few more ideas:
Don’t forget that not everyone has as much as you do and that the holiday season is one of the best times of the year to help make a difference in someone else’s life. You may be tempted to forget about others and only think of yourself and your family during these busy holiday times but set aside a few hours each week for you and your family to help out those less fortunate and I promise that your holidays will be the best ever. A few ways you can do this are as follows.
Offer to buy your elderly neighbors Thanksgiving meal for him or her. You can also offer to cook their meal to help make the big day less stressful for them.
If you know that your elderly neighbor no longer has living family to spend the holidays with, invite them over to share in your families Thanksgiving feast.
Trust me when I say that your Thanksgiving holiday will be the best you ever had if you are only willing to open up your heart and home to others who don’t have as much to be thankful for this year. Perhaps you know of someone who has lost a loved one this past year that you can minister to in the ways mentioned above. If you don’t have a clue where to start in your venture of giving back this season, you can start at your local church or other organizations by asking where you can best be used.
Teri Isner is the team leader of Orlando Avenue Top Team and has been a Realtor for over 24 years. Teri has distinguished herself as a leader in the Orlando FL real estate market. Teri assists buyers looking for Orlando FL real estate for sale and aggressively markets Orlando FL homes for sale.
You deserve professional real estate service! You obtain the best results with Teri Isner plus you benefit from her marketing skills, experience and ability to network with other REALTORS®. Your job gets done pleasantly and efficiently. You are able to make important decisions easily with fast, accurate information from Teri. The Orlando Avenue Top Team handles the details and follow-up that are important to the success of your transaction.
Every Monday, ORRA’s Monday Morning Quarterback Report gives you a snapshot of the previous week’s market activity, including sales, prices, days on market, and much, much more.
Monday Morning Quarterback for November 10th, 2024 – November 16th, 2024
Single-family existing homes
Sales of single-family homes decreased to 305 during the week of November 10, from 329 the week prior
The median price of single family homes increased to $457,500 a change of 8.9%
The number of single-family home foreclosure transactions increased to 2 from 1 the week prior
The number of single-family short-sale transactions decreased to 0 from 1 the week prior
Single-family inventory increased by 24, and now sits at 7,843.
Condos, townhomes, and villas
Sales of condos, townhomes, and villas decreased to 83 during the week of November 10, from 98 the week prior
The median price of condos, townhomes, and villas increased to $285,000 a change of 9.6%
The number of condo, townhome, and villa foreclosure transactions remains constant at 1
The number of condo, townhome and villa short-sale transactions remains constant at 0
Condo inventory increased by 43, and now sits at 3,835.
Teri Isner is the team leader of Orlando Avenue Top Team and has been a Realtor for over 24 years. Teri has distinguished herself as a leader in the Orlando FL real estate market. Teri assists buyers looking for Orlando FL real estate for sale and aggressively markets Orlando FL homes for sale.
You deserve professional real estate service! You obtain the best results with Teri Isner plus you benefit from her marketing skills, experience and ability to network with other REALTORS®. Your job gets done pleasantly and efficiently. You are able to make important decisions easily with fast, accurate information from Teri. The Orlando Avenue Top Team handles the details and follow-up that are important to the success of your transaction.
New Orlando Regional REALTOR® Association data shows break in nine-month streak of rising inventory!
State of the Market “We saw the end of a nine-month inventory increase in October as interest rates rose back into the 6.0s,” said Rose Kemp, President of the Orlando Regional REALTOR® Association. “While inventory has shifted, this still represents a significant improvement compared to last year, offering more opportunities for buyers. With the holidays approaching, we typically see a market cooldown, but it will be exciting to see how the rest of the year unfolds. Additionally, with the election period now over, its impact on market conditions will also be interesting to follow.”
The median home price for October was recorded at $388,990, up from $380,000 in September.
Overall sales decreased by 7.3% from September to October. There were 2,249 sales in September and 2,085 sales in October.
Inventory for October was recorded at 11,357, down 1.8% from September when inventory was recorded at 11,560. This breaks a nine-month streak of rising inventory. Inventory in October 2024 was still 45.4% higher than in October 2023.
October’s interest rate was recorded at 6.4%, up from 5.9% in September.
17 distressed homes (bank-owned properties and short sales) accounted for 0.8% of all home sales in October – the same as in September.
New listings fell 7.6% fell 7.6% from September to October, with 3,260 new homes on the market in October, compared to 3,530 in September.
ORRA’s full State of the Market Report for September can be found here.
Teri Isner is the team leader of Orlando Avenue Top Team and has been a Realtor for over 24 years. Teri has distinguished herself as a leader in the Orlando FL real estate market. Teri assists buyers looking for Orlando FL real estate for sale and aggressively markets Orlando FL homes for sale.
You deserve professional real estate service! You obtain the best results with Teri Isner plus you benefit from her marketing skills, experience and ability to network with other REALTORS®. Your job gets done pleasantly and efficiently. You are able to make important decisions easily with fast, accurate information from Teri. The Orlando Avenue Top Team handles the details and follow-up that are important to the success of your transaction.
Many people turn to the “Foreclosures” section of online house hunts or newspaper ads. Sure, the price is a bargain, but there is normally a different process when purchasing a home that is in foreclosure. Consider these tips before heading to the auction or making an offer:
If the property is on the auction block, the bidder will likely need the full purchase amount in cash. The lender is looking to recoup as much from the defaulted loan as possible, which does not allow time for the financing process.
Most foreclosures have been unoccupied and will be affected by that. The new owner will need to be ready to put in some work and cash to bring it up to code/living conditions.
Some states allow redemption to the homeowner, and HUD defines this as “…a period after [the] home has already been sold at a foreclosure sale when [a homeowner] can still reclaim [their] home.”
Because a foreclosed property is sold “as is,” the buyer will not receive any disclosures, meaning, a home inspection is a must! Depending on who owns the property will make a difference in how much time the buyer has to complete the inspection.
On the other hand, if the property is REO (real estate owned), the buyer will be able to go through the home-buying process in the usual way and have time to secure financing for the purchase.
An REO will be sold as-is just like an auctioned property, and all repairs will have to be done by the new owner–there are no repair requests or contingencies granted.
For buyers who are new to the foreclosure-purchase game, going through a bank to buy the property is their best bet versus bidding at an auction.
For distressed properties, it is recommended that the interested party have a title search performed. Buying a foreclosure takes long enough, and this will help remove any roadblocks.
For foreclosure-hunting convenience, realtor.com® has a search page specifically for foreclosures! Municipality offices also publish notices on tax foreclosures, and if the funding is available,pre-foreclosures and short sales are other great property bargains. Remember to contact a Realtor® that is experienced in distressed sales. Their knowledge and expertise can make a drawn-out process go smoothly!
Teri Isner is the team leader of Orlando Avenue Top Team and has been a Realtor for over 24 years. Teri has distinguished herself as a leader in the Orlando FL real estate market. Teri assists buyers looking for Orlando FL real estate for sale and aggressively markets Orlando FL homes for sale.
You deserve professional real estate service! You obtain the best results with Teri Isner plus you benefit from her marketing skills, experience and ability to network with other REALTORS®. Your job gets done pleasantly and efficiently. You are able to make important decisions easily with fast, accurate information from Teri. The Orlando Avenue Top Team handles the details and follow-up that are important to the success of your transaction.
Window tinting, or filming, can be a budget-friendly way to take your home’s windows to a higher level of energy efficiency, especially if it is not in the budget to upgrade all the windows in your home. Learn more about this alternative to new window installation:
Window film comes in three types: decorative, privacy, and solar.
Decorative films are just that–for aesthetics. They are not necessarily energy efficient.
Film in the privacy/security category is made of a thicker material than decorative, and its purpose is to keep prying eyes out of your home, as well as help keep glass together in case of breakage.
Solar film is made in different ways, but the sole reason homeowners have it installed is to reflect or absorb UV rays. Some more costly films will work both ways–reflecting and absorbing UV rays–so your home and energy bills benefit from the changing temperature needs of your home.
Other varieties include removable/reusable film, semi-permanent, and permanent. Your window’s film/tint depends on the type of window and needs you may have. Learn more with a free e-book from the International Window Film Association.
Added benefits to using window film in your home’s windows are protecting furniture, carpets, draperies, and even wood flooring from the damaging long-term effects of UV exposure.
In case you have newly installed windows, check your paperwork, or call the manufacturer, as adding window film to the glass can void the warranty.
Window film is available at home stores and online, and there are many DIY instructions online, so it can be done yourself. Application does require some patience; if done in a hurry, you can leave unsightly bubbles throughout the film or uneven trim around the window glass. When hiring a pro for this job, you may receive added protection from some film manufacturers with an offer of a lifetime warranty on their product when it is professionally installed.
When purchasing the type of film, you want to apply to your windows, make certain the product is certified by the National Fenestration Rating Council.
Protecting your belongings and energy consumption from the effects of the sun’s rays coming into your home can be taken care of with window film, but again, make sure the correct type is installed. Whatever your reason for applying film to your windows, rest assured it is a less expensive process than installing all new windows and can even be more cost effective when it comes to making your HVAC system use less energy.
Teri Isner is the team leader of Orlando Avenue Top Team and has been a Realtor for over 24 years. Teri has distinguished herself as a leader in the Orlando FL real estate market. Teri assists buyers looking for Orlando FL real estate for sale and aggressively markets Orlando FL homes for sale.
You deserve professional real estate service! You obtain the best results with Teri Isner plus you benefit from her marketing skills, experience and ability to network with other REALTORS®. Your job gets done pleasantly and efficiently. You are able to make important decisions easily with fast, accurate information from Teri. The Orlando Avenue Top Team handles the details and follow-up that are important to the success of your transaction.
Every Monday, ORRA’s Monday Morning Quarterback Report gives you a snapshot of the previous week’s market activity, including sales, prices, days on market, and much, much more.
Monday Morning Quarterback for October 27th, 2024 – November 2nd, 2024
Single-family existing homes
Sales of single-family homes increased to 493 during the week of October 27, from 440 the week prior
The median price of single family homes decreased to $415,000 a change of -3.3%
The number of single-family home foreclosure transactions increased to 5 from 3 the week prior
The number of single-family short-sale transactions remains constant at 0
Single-family inventory decreased by 73, and now sits at 7,678.
Condos, townhomes, and villas
Condos, townhomes, and villas
Condo inventory decreased by 58, and now sits at 3,735.
Sales of condos, townhomes, and villas increased to 132 during the week of October 27, from 98 the week prior
The median price of condos, townhomes, and villas decreased to $272,500 a change of -6.7%
The number of condo, townhome, and villa foreclosure transactions remains constant at 0
The number of condo, townhome and villa short-sale transactions remains constant at 0
Teri Isner is the team leader of Orlando Avenue Top Team and has been a Realtor for over 24 years. Teri has distinguished herself as a leader in the Orlando FL real estate market. Teri assists buyers looking for Orlando FL real estate for sale and aggressively markets Orlando FL homes for sale.
You deserve professional real estate service! You obtain the best results with Teri Isner plus you benefit from her marketing skills, experience and ability to network with other REALTORS®. Your job gets done pleasantly and efficiently. You are able to make important decisions easily with fast, accurate information from Teri. The Orlando Avenue Top Team handles the details and follow-up that are important to the success of your transaction.
