Authors Posts by Orlando Regional REALTOR® Association
Orlando Regional REALTOR® Association

Orlando Regional REALTOR® Association

The Orlando Regional REALTOR® Association is one of the largest local trade associations in the state of Florida, with more than 11,500 members in Orange, Seminole, and the surrounding counties.

ORRA is composed of REALTORS® who are involved in residential and commercial real estate as brokers, salespeople, property managers, appraisers, counselors, and others who are engaged in all aspects of the real estate industry.

Contact:

Phone: 407.253.3580

ORRA HOUSING MARKET REPORT – SEPTEMBER 2017

Hurricane Irma helped drive Orlando’s home sales down by nearly 20 percent in September compared to September of last year, reports the Orlando Regional REALTOR® Association. In addition, sales decreased by almost 30 percent when compared to last month.

Orlando home sales, median price both rise in August

The median price of Orlando homes sold during the month of August increased nearly 10 percent while sales increased almost 3 percent compared to August 2016, report the Orlando Regional REALTOR® Association. Inventor continued its year-over-year slide and dropped about 16 percent
ORRA

Orlando Regional REALTOR® Association recognizes young REALTOR® standouts

The Orlando Regional REALTOR® Association is pleased to announce 2017 class of ORRA Young Professionals Network 20 Under 40 Rising Stars In Real Estate Awards recipients. These notable young REALTORS® were selected by the ORRA Awards Committee for their demonstrated excellence in career and service to both community and the real estate industry.
ORRA

Orlando median price rises as home sales slow in July

The median price of Orlando homes sold during the month of July increased almost 7 percent while sales decreased 0.2 percent compared to July 2016, reports the Orlando Regional REALTOR® Association. Inventory continued its year-over-year slide.
ORRA

Orlando housing update: Single-family homes receive a boost in sales

The median price of Orlando homes sold during the month of June increased more than 7 percent while sales likewise climbed nearly 8 percent compared to June 2016, reports the Orlando Regional REALTOR® Association. Inventory continued its year-over-year slide but registered the smallest decline this year with 14 percent
ORRA

Orlando Regional REALTOR® Association announces results of 2016 ORRA Good Neighbor Awards

Orlando REALTORS® don’t just help people realize their dreams of homeownership, they also help build communities. Now, four of those community-builders have been honored for their efforts by the third annual Orlando Regional REALTOR® Association Good Neighbor Awards. Each of the nonprofit organizations helped by our GNA recipients’ volunteer efforts has received a $1,000 donation from ORRA to support their missions
ORRA

Sales and median price increase as interest rate dips during Orlando’s peak homebuying season

Orlando home sales increased 14 percent in May compared to May of 2016 while the median price jumped 7.4 percent, reports the Orlando Regional REALTOR® Association. Inventory continued its year-over-year slide and dropped by 16.8 percent, but a small relief was found in the 1.2 percent increase in the number of homes available in May compared to April.
ORRA

Orlando median home price continues upward climb as sales and inventory dip

Orlando home sales declined 4 percent in April compared to April of 2016, in large part the result of sustained declines in the number of homes available for purchase. Orlando’s skimpy inventory also continued to push prices upwards, with the area’s year-over-year median home price again hitting a double-digit increase.

Sales activity versus available inventory drive Orlando’s supply of homes to its lowest point...

Buyer activity during the month of March pushed the supply of homes available for purchase in Orlando to just 2.48 months’ worth, the lowest since May of 2013 and swinging the market pendulum further towards favoring sellers. Housing economists consider six months of supply to indicate a market that is balanced between buyers and sellers.
ORRA

Orlando median home price jumps 11 percent as sales hold steady and inventory plummets

The Orlando housing market experienced increases in both median price and sales in February, while the inventory of homes available for purchase shrank by 21 percent in comparison to February of last year.
ORRA

REALTORS® recommend real-estate friendly candidates for election

ORRA is pleased to recommend REALTOR® Chris Sapp, Suzi Karr Realty, for election to Windermere Town Council along with additional candidates running for public office. The municipal election will be held on Tuesday, March 14.

REALTOR® AFFORDABLE HOUSING INITIATIVE EARNS DEVELOPMENT HONOR

The Orlando Regional REALTOR® Foundation has been honored with an Award of Excellence from the 2016 Orange County Sustainable Development Awards. The foundation is the charitable arm of the Orlando Regional REALTOR® Association, which as the nation’s 10th largest local REALTOR® organization represents more than 12,500 Central Florida real estate professionals. The mission of Orlando Regional REALTOR® Foundation is to address the area’s critical need for affordable, workforce housing.

Orlando home sales increase 2 percent as median price jumps 11 percent in January

The Orlando housing market experienced increases in both median price and sales in January, while the pool of homes available for purchase shrank by 21 percent in comparison to January of last year.
ORRA

PINE HILLS LEADS 2016 WITH GREATEST PERCENT OF INCREASE IN MEDIAN HOME PRICE

The Central Florida zip code 32808, which encompasses Pine Hills, saw the region’s highest percentage of increase in median home price during 2016, reports the Orlando Regional REALTOR® Association
ORRA

Orlando Regional REALTOR® Association Announces 2016 Award Winners

The Orlando Regional REALTOR® Association, which as the nation’s 10th largest REALTOR® association represents more than 12,500 Central Florida real estate professionals, has announced its 2016 award recipients.
ORRA

Bruce Elliott installed as 2017 president of the Orlando Regional REALTOR® Association

The Orlando Regional REALTOR® Association inducted member Bruce Elliott, Regal R.E. Professionals LLC, as 2017 president at its Annual Awards and Inaugural gala. “It is an honor and a duty to lead an organization whose members rely upon it so heavily for their success,” says Elliott. “My intent for 2017 is to further assist the association’s members by extending ORRA’s outreach via technology-driven distance learning and by developing additional community service projects for member participation.”
ORRA

Orlando home sales, median price increase along with mortgage rate in November

The Orlando Regional REALTOR® Association is one of the largest local trade associations in the state of Florida, with more than 12,000 members in Orange, Seminole, and the surrounding counties.
Robin Webb

Orlando REALTOR® to be installed as 2017 president of worldwide commercial real estate organization

The Orlando Regional REALTOR® Association is proud to announce that ORRA member Robin Webb, NAI Realvest, has been announced as incoming president of the CCIM Institute. “Having an Orlando REALTOR® in such a position of influence within the CCIM Institute indicates that Orlando’s commercial real estate industry is vibrant and sophisticated,” says 2017 ORRA President-elect Lou Nimkoff, Brio Real Estate Services.
ORRA

Orlando median price continues its upward trend as sales and inventory slip

The median price of Orlando area homes rose 14 percent year-over-year in October. Meanwhile, sales decreased 8 percent as inventory took its greatest year-over-year tumble in 2016 and dropped by 12 percent
ORRA

Orlando home sales increase 3 percent as median price continues upward march and climbs...

The median price of Orlando homes rose 12 percent year-over-year in September, while sales increased by 3 percent. The supply of homes available for purchase in the Orlando area slid downward by 10 percent.

Popular Government & Nonprofit Press Releases

Colombia tops all Foreign Searches for Miami Real Estate

Colombia continues to lead all foreign countries searching for South Florida real estate, according to new data from the MIAMI Association of REALTORS® (MIAMI). The South American nation finished as the top international country using MIAMI’s search portal, www.Miamire.com, in May 2016. Colombia has now led the rankings for six consecutive months

Recent Government & Nonprofit Press Releases

Seasons Greetings: MIAMI Holiday Hours

Seasons Greetings from your MIAMI Leaders and theMIAMI Professionals. We wish you and your family the most wonderful Holiday Season and want to take this opportunity to say; We are so grateful that you are our members!