Lake-Monroe Real Estate News
Real Estate news for Lake-Monroe, FL continually updated from thousands of sources.
Aug 25, 2015 | via Business Journal
Desperate house hunters having a hard time finding move-up homes in Seminole County are in luck, as Meritage Homes is planning to build a new gated community near Oviedo. Meritage Homes reportedly has a 13.3-acre site on Tuskawilla Road just north of Aloma Avenue under contract to purchase, where it wants to build Tuscawilla Estates, a 31-lot gated single-family home community. Comment?
Jun 15, 2015 | via The Orlando Sentinel
Orlando home prices have almost doubled from the bottom of the market four years ago but remain far from the peak prices of 2007, a new report shows. The median price for a house in the core Orlando market, which includes mostly Orange and Seminole counties, was $181,900 in May - that was up 10 percent from a year earlier and 4 percent from a month earlier, according to a report released Monday by Orlando Regional Realtors Association. Comment?
Jun 15, 2015 | via The Orlando Sentinel
Orlando home prices are almost double what they were at the bottom of the market four years ago but still far from the peak prices of 2007, a new report shows. The median price for a house in the core Orlando market, which includes mostly Orange and Seminole counties, was $181,900 in May, which was up 10 percent from a year earlier and 4 percent from a month earlier, according to a report released Monday by Orlando Regional Realtors. Comment?
May 15, 2015 | via The Orlando Sentinel
Buyers who purchased houses last month in the core Orlando market, which is mostly Orange and Seminole counties, had the biggest price discount in three years. Sales prices in April were less than 95 percent of the asking price; a month earlier they were just 96.8 percent of the asking price, according to a new report and data from Orlando Regional Realtor Association. Comment?
Apr 10, 2015 | via WFTV Orlando
Alfred Figueroa's family is all grown up, so he and his wife no longer need their four-bedroom home in Oviedo. Bowen said homes in subdivisions like Alafaya Woods, Sabal Point and Sweet Water Oaks that are located near businesses and good schools, are exceptionally desirable. Comment?
15 hrs ago | via GlobeNewswire
Federal Home Loan Bank of Atlanta announced today that it has awarded more than $2.6 million to assist in the funding of nine affordable housing initiatives in Florida as part of its 2015 Affordable Housing Program . The awarded initiatives, which are located in Avon Park, Fort Myers, Citrus County, Immokalee, Miami, St. Augustine, Arcadia, Jacksonville, and Port St. Joe, support the construction and rehabilitation of housing for veterans and very low- to moderate-income individuals. Comment?
Tuesday | via The Miami Herald
South Florida home prices continued their steady rise in September, according to the housing market's most closely watched economic indicator, which was released Tuesday. Home prices in Miami-Dade, Broward and Palm Beach counties rose 7.7 percent in September compared to September 2014, the S&P/Case-Shiller Home Price Indices found. Comment?
Tuesday | via Anna Maria Islander Newspaper
With a unanimous vote Nov. 19, the city of Anna Maria took a gentler route to its restrictions on short-term vacation rentals. The new ordinance was created as the result of court-ordered mediation to mend the divide between the city and the rental owners and to treat everyone equally. Comment?
Monday Nov 23 | via The Orlando Sentinel
Home sales in the Orlando metro region - and statewide - flattened out from a year earlier on the heels of a robust sales cycle when closings were up almost 30 percent from a year before, a new report shows. "The Florida real-estate market is catching its breath after a frantic summer and early fall," said Florida Realtors chief economist John Tuccillo. Comment?
Monday Nov 23 | via St. Petersburg Times
Tampa Bay fared better than Florida as a whole in October homes sales but gains weren't as impressive as in some previous months. Year-over-year sales of single family homes rose 8.7 percent in Hillsborough and 6 percent in Pinellas, but inched up less than 3 percent in Pasco. Comment?
8 min ago | via San Mateo Daily Journal
A flurry of data released Wednesday signaled that the fundamentals of the U.S. economy remain solid, if unspectacular, three weeks before the Federal Reserve will likely begin raising interest rates. Consumers appear relatively confident in the economy and may be poised to spend a decent chunk of their rising incomes during the holiday shopping season. Comment?
15 min ago | via Nova News Now
I am writing in response to the letter the Town of Windsor's CAO, Louis Coutinho, had in the Oct. 22 edition of the Hants Journal. Feel passionate about something you read or saw in the Journal? Concerned about a decision of council? Why not get it off your chest and write a letter to the editor. Comment?
31 min ago | via Seeking Alpha
I hear a lot about why, despite a measurable output gap and low inflation, we need to tighten because of, for e.g., an incipient housing bubble . Reuven Glick, Kevin J. Lansing and Daniel Molitor at the SF Fed deal decisively with the leverage-induced housing bubble meme: After peaking in 2006, the median U.S. house price fell about 30%, finally hitting bottom in late 2011. Comment?
32 min ago | via Pressat
Two years ago the Coalition government stated that a further 1.4 trillion would need to be invested into the Private Rental Sector by 2035 to meet anticipated demand. With interest rates at record lows and stock markets increasingly volatile, many heading towards retirement looked to property investment to subsidise their pensions. Comment?
53 min ago | via The Standard
Average long-term US mortgage rates slipped this week after they climbed recently on expectations that the Federal Reserve may soon raise its key short-term interest rate. Mortgage buyer Freddie Mac said Wednesday the average rate on a 30-year fixed-rate mortgage slipped to 3.95 percent from 3.97 percent a week earlier. Comment?
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