Orlando Real Estate News

WASHINGTON - Jan. 15, 2010 - When agents want to compare their performance to other agents and companies in their local markets, they often make comparisons to MLS data for number of units sold, listings taken, listings sold and total sales volume.

While this provides a comparison to the overall market, most agents specialize in certain niches and would be wise to break the numbers down in an ethical and fair way.

They could reduce the geographic area of the MLS numbers to cover a certain neighborhood or region, broaden the geographic area to include other neighborhoods in which they work, or concentrate on a particular price range or property type.

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ORLANDO, Fla. - Jan. 7, 2010 - What's hot in the state? Florida Realtor Magazine compiled the top five niches noted by leading brokers and Realtors. They include:

Short sales and foreclosures
Real estate professionals have a great opportunity dealing with distressed properties, says John Tuccillo, president of Tuccillo and Associates (JTA) in Sarasota.

"These are difficult transactions, and real expertise in getting them done is gold in the marketplace," Tuccillo says. Remember that foreclosures happen at all price points, including the luxury segment.

"Associates who are experts at short sales in the more moderately priced properties will be able to move this skill set to luxury and commercial real estate as well," says Mike Pappas, broker of The Keyes Co. in Miami.

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	January 20, 2010
Members of the Orlando Regional REALTOR® Association closed 51.83 percent more homes in December of this year than last, bringing year-to-date Orlando area sales to 59.31 percent above 2008.   > Read the Media Release   > Read the Talking Points
	For a printable version of this report, please click here
ORRA Originated Sales Dec. 2008 5.40% 22,524 3,460 1,871 3,265 597 2,707 1,579 1,445* 107* January 2009 5.28% 22,613 4,340 2,282 3,830 556 1,377 1,598 1,050* 103* February 2009 5.25% 22,168 3,876 2,434 4,348 599 1,134 1,488 1,322* 100* March 2009 4.67% 21,448 4,043 2,956 4,906 665 1,290 1,426 1,754* 103* April 2009 4.86% 20,194 3,715 3,412 5,818 648 1,014 1,339 1,854* 102* May 2009 4.90% 19,123 3,754 3,455 6,603 690 958 1,300 1,882* 103* June 2009 5.48% 17,831 3,921 3,686 7,230 797 1,111 1,297 2,220* 104* July 2009 5.34% 17,231 4,158 3,696 7,713 787 849 1,266 2,299* 101* August 2009 5.26% 16,361 4,232 3,324 8,237 436 787 1,259 2,190* 94* Sept. 2009 5.09% 15,967 4,030 3,858 8,790 857 846 1,014 2,292* 96* October 2009 5.02% 15,743 4,165 3,864 9,050 857 924 646 2,319* 92* Nov. 2009 4.95% 16,002 3,758 3,023 8,633 1,007 636 1,047 2,329* 85* Dec. 2009 5.03% 15,549 3,485 2,984 8,163 875 1,419 916 2,194 91

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	August 11, 2009
Members of the Orlando Regional REALTOR® Association in July sold 45.45 percent more homes than in July of last year, contributing to the area's year-to-date sales increase of 45.11 percent. There were 2,141 closings in July, which brings the year's total to 12,223, while a total of 8,423 homes had changed by this time last year. Of those July sales, 41.99 percent of the homes were either bank-owned (737) or distressed (162). The remaining (1,242) "normal" sales made up 58.01 percent.   > Read the Media Release   > Read the Talking Points
	For a printable version of this report, please click here (.pdf)
ORRA Originated Sales July 2008 6.40% 24,742 4,388 1,947 3,258 566 1,661 1,657 1,472* 116* August 2008 6.39% 24,834 4,064 1,669 3,220 545 1,697 1,566 1,280* 113* Sept. 2008 6.00% 24,690 4,099 1,908 3,256 594 1,683 1,578 1,394* 112* October 2008 6.30% 24,657 4,289 1,959 3,316 607 1,691 1,675 1,228* 110* Nov. 2008 6.00% 24,408 3,594 1,644 3,326 566 1,453 1,575 1,110* 108* Dec. 2008 5.40% 22,524 3,460 1,871 3,265 597 2,707 1,579 1,445* 107* January 2009 5.28% 22,613 4,340 2,282 3,830 556 1,377 1,598 1,050* 103* February 2009 5.25% 22,168 3,876 2,434 4,348 599 1,134 1,488 1,322* 100* March 2009 4.67% 21,448 4,043 2,956 4,906 665 1,290 1,426 1,754* 103* April 2009 4.86% 20,194 3,715 3,412 5,818 648 1,014 1,339 1,854* 102* May 2009 4.90% 19,123 3,754 3,455 6,603 690 958 1,300 1,882* 103* June 2009 5.48% 17,831 3,921 3,686 7,230 797 1,111 1,297 2,220* 104* July 2009 5.34% 17,231 4,158 3,696 7,713 787 849 1,266 2,141 103

* Monthly revised sales. Complete stats and data may be found under

Housing Statistics at orlrealtor.commments or suggestions? Contact Mike Blinn, Statistician.

Market Pulse^TM data represents all listings taken or sold by ORRA brokers, regardless of location

and is exclusive to residential property, which includes townhomes, duplexes, single-family homes,

and condos. It does not include vacant land or commercial transactions.

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Wave of sales in the pipeline buoys Orlando housing market

(June 10, 2009 - Orlando, FL) Members of the Orlando Regional REALTOR® Association in May

sold nearly 38 percent more homes than in May of last year, contributing to the area's

year-to-date sales increase of 44 percent.

There were 1,854 closings in May, which brings the year's total to 7,834; a total of 5,462

homes had changed by this time last year. Of those May sales, 50.97 percent of the

homes were either bank-owned (795)

or distressed (150). The remaining (909) "normal" sales made up 49.03 percent.

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