The chance of a recession in Florida has doubled in the past year, but the state is “pretty safe” from recession in 2019, economists said Monday. The chance of a recession is low in the next nine months, Jerry Parrish, chief economist for the Florida Chamber Foundation said at its annual economic outlook and jobs […]
Real estate agents warned that this year could be slower as well Home sales plunged in the Orlando area in December as 2018 finished with fewer sales than the year before, and real estate agents warned that 2019 could be slower as well. Year-end totals for 2018 show the total number of homes sold dropped […]
Monday Morning Quarterback Report 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.
We are excited to share that Houzz has acquired IvyMark, a startup that has built a business management tool and engaged community for interior designers and other home design companies. IvyMark was founded in 2016 with the mission to modernize the way interior design firms run their business, which aligns with our own mission of […]
In time for Mother’s Day, the latest “My Houzz” episode follows Olivia Munn as she surprises her mom with the ultimate Mother’s Day gift: a renovation of her home in Oklahoma City, Oklahoma. With fond memories of cooking with her mom when she was young, Munn wanted to transform the kitchen, living and dining room […]
Sea World Orlando is the perfect choice for family fun! You will find that there’s something there for everyone, whether it’s the thrills of the roller coasters or the excitement and wonder of the animals! Listed here are my favorite animal experiences, shows and rides at SeaWorld that are perfect for family fun.
Do you remember the 2017 solar eclipse? It was an amazing celestial show. Speaking of amazing celestial shows, did you know that Florida now has a certified Dark Sky park?
Orlando home prices, sales rise as inventory continues to slip in September One year after Hurricane Irma threw a wrench into the Orlando housing market, data from the Orlando Regional REALTOR® Association shows positive September-to-September comparisons for both sales and median price. Inventory, however, stayed on its year-over-year downward slide.
Orlando median home price continues to gain amid sales slowdown The year-over-year median price for Orlando homes sold during the month of August continued on its years-long upward trajectory, albeit at a slower pace as dwindling inventory takes its toll on sales.
Decline in Orlando’s sales, inventory help stabilize home-price growth Prospective homebuyers will be cheered to learn that the rocketing rise in prices Orlando has seen over the past years stabilized this summer in the healthy single-digits. For the last three months, the year-over-year median price has increased between 6 and 7 percent.
Orlando’s meager inventory continues to stifle sales, drive up prices The inventory of homes available for purchase in the Orlando area displayed its greatest percentage of decrease yet in 2018, contributing to a second consecutive month of slower sales. However, buyer demand is continuing to boost the area’s median price.
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Zillow-5-Star-Premier-Agent-Jayesh Khatri
