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Featured Properties In Orlando

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Orlando Real Estate

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The Orlando Real Estate market is brimming with quality properties and investment opportunities for both buyers and sellers alike. For sellers facing difficult choices in the current economic climate, Gitta's Orlando real estate team can assist you. Gitta Urbainczyk is a leading expert on short sale and foreclosure solutions. Gitta can help you avoid foreclosure.

With quality construction, innovation, and style, there are plenty of homes ready to satisfy the discerning buyer. In addition, Orlando has a growing business and residential environment. Orlando is thriving based on current and future investments and expansion. New additions, such as the Burnham Institute of Medical Research, will bring new facilities and jobs. This will also bring housing areas and ultimately, more people to Orlando.

Orlando is set to become the new business center and leader in Florida. When you buy a home, your neighborhood is what matters. It is important to have a real estate agent who understands the towns, communities, and neighborhoods you are searching for. We can provide you a detailed layout of the area you are looking to buy a home in. You’ll learn about neighborhood traffic conditions, nearby schools, general community info, and much more. You can check for homes that are for sale on our Orlando MLS search area.

Sit back, relax and browse through the detailed information that we provide on all major parts of the Greater Orlando area. This includes vast listings for Orlando real estate and Orlando homes for sale. Find the right property for your needs or dreams by searching our Orlando MLS listings page. These are available for a variety of towns and neighborhoods, including Lake Mary, Maitland, Altamonte Springs, Longwood, Kissimmee, Apopka, Winter Park, Winter Springs, Oviedo, downtown Orlando and more! Plus, whether you are a buyer or a seller, you'll find valuable tools and resources available on the site to make informed decisions about your Orlando real estate investment. Orlando real estate is a worthy investment for a variety of reasons. Orlando area schools rank consistently as the best in Florida and in the top 100 in the nation. Median incomes are better by national comparison. Most recently, a CNN Money report named Lake Mary as #4 in the nation for best places to live! In sum, the quality of life in the Orlando area is highly attractive.
Lake Mary Real Estate Market: Real estate in 2009 recovered. There were 650 sales: 191 condos, 47 town homes and 432 single family homes and duplex units. Average sale price declined from $343,389 in 2008 to $235,034 in 2009, a 31% drop. Despite the drop the 2009 sales increased 51%. Prices for Lake Mary’s real estate market haven’t hit rock bottom and we may still have to wait another 2 years to see this happen. Right now we are still facing an uphill battle with 13.5 months of unsold supply based on an average sales ratio of 43 sales per month. Out of an inventory of 567 properties 191 are pending sales: 114 single family homes, 62 are condos. If you compare the same 2 month period for January and February of 2009 to 2008 the number of properties sold are the same at 85 units. It’s the value of property in the same area that’s gone down $282,816 in 2008 to $199,197 in 2010, a 29% drop. Values continue to drop because of the staggering amount of short sales and bank owned properties in Lake Mary. Out of a total inventory of 567 properties, 68 are bank owned and 216 units are in short sales.

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There are 3 ways to stop a foreclosure

1. Pay off the mortgage balance or bring your mortgage current
2. Foreclosure on the courthouse steps
3. Short Sale

The Deed in Lieu of foreclosure is the transfer of your right to the property to a lender. Some lenders may do this to avoid court costs, but in today’s fast paced foreclosure environment, your lender may not do this. The Deed In Lieu is not recommended because it is very difficult to next to impossible when there are 2 mortgages.

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  • Orlando Homes For Sale Graph

    Orlando Market

    The Orlando real estate market is brimming with quality real estate and investment opportunities for both buyers and sellers alike. For sellers facing difficult choices in the current economic climate, Gitta's Orlando real estate team can assist you. Gitta Urbainczyk is a leading expert on short sale and foreclosure solutions. Gitta can help you avoid foreclosure.

    Read More

  • Picture Of Money

    How Orlando’s Market Has improved. In Feb 2010

    Orlando’s real estate market has really improved over the past 6 months. Sales increased but it’s still hard to see the positive for the excess inventory. The numbers are really eye opening when you compare...

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