Market Update March 2016: Supply & Sales in a Pinch

The first quarter of 2016 has tightened the market for home buyers searching in April. The total inventory was down 8% compared to March of last year to 10,583 homes, with 5,798 under contract. This means currently the inventory pace is at about 3.5 months of supply. Orlando saw a 3.5% decline in overall sales Read more about Market Update March 2016: Supply & Sales in a Pinch[…]

How to House Hunt in a Seller’s Market

Are you a home-buyer in a seller’s market? You’ll know it if the homes in your area are selling rapidly, and for more than the seller’s asked for. Be prepared to outwit, outlast, and outbid the buyers you’re competing against. Although it isn’t quite like an episode of Survivor, knowing the rules to the game Read more about How to House Hunt in a Seller’s Market[…]

Market Update February 2016: Bloom in Buyers Squeezes Inventory

2016 is promising to be the year of the homebuyer, according to a recent report by the Wall Street Journal. This means that average prices will go up, as inventory declines. “The nationwide median price for an existing single-family home was $213,800 in January, up 8.2% from this time a year ago…” In Central Florida Read more about Market Update February 2016: Bloom in Buyers Squeezes Inventory[…]