Real Estate Information | Page #9

Real Estate Information

The August Team Donovan community reports have now been updated and are available from the following link:

                                                                               Community Reports

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July 'jargon' From The Resort Area...   Total inventory levels in the resort area were little changed from last month but recorded a 6.9% increase from a year ago with listed homes up from 1,158 to 1,238 over the last 12 months. The average days that a home takes to sell has fallen by 32 days over the same period from 130 in July 2018 to 98. A home that sold during July achieved an average 97.6% of its listed price compared to 97.3% 12 months ago. A homes median price continued year on year growth with a 5.9% increase from July 2018 to a revised median price of $223,250 from $210,681. The pipeline number of homes under offer/contract awaiting closure totaled 548 which was down 20.8% down from last months 662 and also 6.9% lower than the 586…

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A swimming pool can be an attractive feature in a vacation home. But for homeowners, there are pros and cons to think about before you invest in any of today’s Orlando homes for sale with pools. 

Knowing if a swimming pool can maximize your home investment will help you increase your return and give your rental guests the features they desire. 

Swimming Pools in Today’s Real Estate Market 

Swimming pools are typically found in high-end homes, and many of those pools aren’t used as often as homeowners anticipate. This results in a costly feature that offers fewer benefits to home buyers. 

When it comes to Orlando vacation homes, a pool can be a great asset since holiday guests can enjoy a relaxing swim after a long day at the area theme…

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The July Team Donovan community reports have now been updated and are available from the following link:

                                                                               Community Reports

Read Full Post

The June Team Donovan community reports have now been updated and are available from the following link:

                                                                               Community Reports

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June 'maths' From The Resort Area...   Junes sales across the resort area totaled 375 which was 3 lower than the corresponding month a year ago and 7.2% lower than the 402 sales in May 2019. Homes under contract awaiting closure were unchanged from the previous month at 662 but 44 or 7.1% up from the 618 total pipeline of a year ago. The number of homes withdrawn from the market having failed to attract a buyer was at the lowest monthly level for over 3 years at 54 homes. The markets median price of $221,843 was up 5.8% from the one year ago price of $209,675. A home that sold achieved an average 97.4% of the asking price after 98 days on the market which compares to 128 days a year ago and the 97.3% average price achieved. Overall inventory was 1.4…

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Selling a home without a real estate agent might seem like a good idea for homeowners. They may think that not having to pay a commission will give them a higher return on their Orlando holiday homes.

But homes that are for sale by owner (FSBO) can result in a lower selling price than those sold with the help of a realtor. Understanding why FSBO sellers should hire a realtor will help you increase your home’s selling price and profitability. 

Hiring a Realtor Can Mean More Money in Your Pocket 

In 2016, the National Association of Realtors reported that the average selling price for a home sold through a real estate agent was $245,000. The average selling prices for homes sold by owners was only $185,000 in comparison. 

FSBO homes often have…

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When you bought a vacation home in Kissimmee, you probably imagined you’d enjoy years of fun in the sun with family and friends. You likely never dreamed that a divorce would put an end to those plans.

Divorcing couples have to make tough decisions that impact their financial future. This is especially true when having to sell a vacation home. Couples need to safeguard their investments, and divorce is one of the biggest threats they need to think about when buying and selling their Kissimmee vacation homes.

Important Decisions to Consider before Selling Your Home in a Divorce 

Before you list your home on the market, decide what you’re willing to sell the home for and how you’ll cover the costs of repairs or maintenance. You’ll also need to…

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chefs kitchenChoosing the right vacation home gives you the highest return on your real estate investment. But making improvements over time can further increase its value. This makes it worthwhile for homeowners to update their holiday villas in FL. 

You can enhance your holiday home’s comfort and curb appeal for buyers willing to pay more for the features and amenities they want. Knowing how to improve the value of your vacation home helps you sell it faster and at a higher asking price. 

Interior Home Improvements that Increase Property Value 

Bathrooms and kitchens are the best places to start when updating your home’s interior. Consider upgrading your existing bathrooms or adding an additional one for guests. A home with at least two full bathrooms is…

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April 'arithmetics' From The Resort Area...   The median price of a resort area home in April stood at $217,936 which was 5.6% higher than the $206,286 median of a year ago and 0.6% up from last months $216,628. The total number of homes listed for sale was down 1,273 to 1,263 homes whilst a house that sold during April closed after an average of 100 days on the market achieving 97.3% of its listed price. This compares to the 132 days it took a year ago and an average achieved price then of 97.4% of the listed price. Total sales during the month of 331 compares to 345 closings in April 2018 and the 322 of last month. Homes under offer and awaiting closure totaled 657 which compared to 579 last month and a 698 pipeline total last April.  During the…

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