The Windermere Real Estate Market Trends Report shows the average sales price was $544,748 in Feb 2017 compared to $620,053 in Feb 2016. Homes were on the market for an average of 91 days compared to 127 days last year. Homes sold for 97% of the list price.

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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.

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The Kissimmee Real Estate Market Trends Report for 34741 shows 54 homes sold in Feb 2017 up from 43 in Feb 2016. The average sales price was $146,058 compared to $130,950 in Feb 2016 and homes were on the market an average of 65 days, down from 71 days in Feb 2016.

Access Teri’s one-stop Orlando FL home search website.

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.

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The Celebration Real Estate Market Trends Report for 34747 shows 92 homes sold in Feb 2017 compared to 66 in Feb 2016. The average sales price was $358,122 compared to $252,663 in Feb 2016 and homes were on the market an average of 116 days, up from 115 days in Feb 2016.

Access Teri’s one-stop Orlando FL home search website.

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.

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Great news from this press release:

Oxford, Miss. (Nov. 15, 2013) –The latest FNC Residential Price Index™ (RPI) shows strong growth of home prices during the third quarter of 2013 as the housing recovery continues to broaden across the country. The index, constructed to gauge the price movement among the underlying non-distressed home sales, increased 2.5% between the second and third quarters, making the third-quarter growth the fastest in the current recovery.

Rising home sales and relatively low foreclosure sales are the key drivers of continued increases in home prices. As of September, foreclosure sales nationwide accounted for 13.4% of total home sales, up slightly from August’s 12.7% but down from 16.6% a year ago. Home prices are expected to grow at a more moderate pace in the coming months because housing demand tapers off in the winter. In another sign of slower growth ahead, the leading October sales-to-list price ratio fell to 96.0 from 96.5 in July and August.

FNC’s RPI is the mortgage industry’s first hedonic price index built on a comprehensive database that blends public records of residential sales prices with real-time appraisals of property and neighborhood attributes.[1]  As a gauge of underlying home values, the RPI excludes sales of foreclosed homes, which are frequently sold with large price discounts, reflecting poor property conditions.

Based on recorded sales of non-distressed properties (existing and new homes) in the 100 largest metropolitan areas, the FNC 100-MSA composite index shows that September home prices increased from the previous month at a seasonally unadjusted rate of 0.5%.   In a sign of moderating month-over-month price momentum, September’s price increase has tapered off compared to July and August. On a year-over-year basis, home prices were up a modest 6.2% from a year ago, or 5.7% if measured quarterly. The 30-MSA and 10-MSA composites exhibit similar month-over-month price momentum but faster accelerations in year-over-year growth at 6.7% and 6.8%, respectively.

Twenty-seven metro areas tracked by the FNC 30-MSA composite index show rising prices from August to September, led by Miami, Baltimore, Charlotte, N.C., and Riverside, Calif. – each at about 2.0%. Las Vegas, Los Angeles, and Phoenix also recorded a sizable increase in September at 1.4%, 1.2%, and 1.2%, respectively, after a relatively flat August month. Meanwhile, home prices in Denver declined for the second month in a row after first showing signs of weakening in August. The city’s foreclosure sales picked up slightly in recent months. St. Louis, on the other hand, saw a significant increase of foreclosure sales in August and September, which likely caused the 1.3% drop in home prices. In September, nearly 30% of the city’s home sales were foreclosure sales, up from 19.5% a year ago.

As of September, 15 MSAs have shown double-digit price growth since early 2012. Continuing to lead in the recovery are the markets in high distress during the 2008-2009 mortgage crisis, including Phoenix, Las Vegas, Riverside, Los Angeles, and Orlando. The 100-MSA composite showed an 11.0% cumulative price recovery nationwide. In comparison, the recoveries in Chicago, St. Louis, and Columbus are significantly lagging the national average.

Access Teri’s one-stop Orlando FL home shopping website.

Teri Isner is the team leader of Orlando Avenue Top Team and has been a Realtor for over 17 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.

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Orlando was among cites showing a slight decline in home prices in September. The decrease of 1.4% was among the lowest decrease recorded in cities being tracked during the month. With continued record foreclosure sales amid a weak economy and tight underwriting standards that continue to constrain housing demand, home prices are expected to remain weak despite low interest rates and renewed government efforts to keep people in their homes. FNC’s latest Residential Price Index™ (RPI), released Monday, indicates U.S. home prices decreased as expected in September, consistent with weak housing activities reported for the month. The trend marks the second month of price declines after a relatively robust summer home-buying season.

Based on the latest data on non-distressed home sales (existing and new homes), FNC’s RPI shows that single-family home prices fell in September to a seasonally unadjusted rate of 0.4%. As a gauge of underlying home value, the RPI excludes sales of foreclosed homes which are frequently sold with large price discounts reflecting poor property conditions. The RPI is the industry’s first hedonic price index − built on a comprehensive database blending public records with real-time appraisals of property and neighborhood attributes. By modeling observed sales prices as being determined by property and neighborhood attributes, one of the key advantages of the RPI is its ability to capture intrinsic home price trends.

Two broader RPI indices (the National and 30-MSA composites) showed month-to-month declines in September at 0.4% and 0.2%, respectively. Although both indices mark a second month of price weakening, smaller declines were realized in September when compared to the August measures. Meanwhile, the 10-MSA composite index showed a small uptick from the previous month. On a year-to-year basis, home prices are about 3-4% lower than September 2010.

In addition to Orlando’s 1.4% decline, several other metro areas tracked by the FNC 30-MSA composite index, also recorded weakened prices in September, including Charlotte (-1.8%), Cleveland (-1.6%), Las Vegas (-1.6%), Tampa (-2.4%), Sacramento (-1.5%), San Francisco (-1.4%), and Miami (-2.8%). Growth momentum in Detroit, which has seen prices rising consistently month over month since April for a cumulative total of 9.4%, subsided in September and prices were flat during the month. In Chicago, home prices enjoyed another strong rebound: up 3.1% from the previous month following August’s 2.8% increase. On average, Chicago home prices rose 3.0% during the third quarter.

Year to date, Boston, Houston, Detroit, San Antonio, Minneapolis, and Chicago are among those showing the best price appreciation, up 6.0%, 5.4%, 4.2%, 4.2%, 3.8%, and 3.7% respectively. Foreclosures sales and the glut of foreclosure inventory continue to depress the Miami, Las Vegas, Orlando, and Tampa markets, where prices are down 8.5%, 8.3%, 6.6%, and 6.2%, respectively, year-to-date.

Year to year, Orlando, Las Vegas, and Tampa continue to lead the nation in annual price depreciation in double digits, down 14.4%, 13.0%, and 11.6%, respectively. Only two cities − Boston and Detroit − showed modest annual price appreciation, with home prices rising 2.2% and 2.0% in the last 12 months. As of September, home prices in San Francisco and Chicago also remain slightly higher than a year ago.

Information courtesy of:

Seth Klein Marketing Production Coordinator
Phone: (662) 236-8277 ▪ E-mail: sklein@fncinc.com
FNC Inc. ▪ 1214 Office Park Drive ▪ Oxford, MS 38655
www.fncinc.com<http://www.fncinc.com/> ▪ www.collateralvision.com<http://www.collateralvision.com>