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Decline in available inventory sends Orlando median home price soaring 15 percent in June

The median price of Orlando homes sold during the month of June increased 15 percent compared to June of last year, the result in part of yet another double-digit decline in inventory
ORRA

Orlando median price continues upward trek as buyer demand for homes outstrips inventory

The inventory of Orlando homes available for purchase took another tumble in February, slowing year-over-year sales by 5 percent and driving a double digit increase in median price.

Florida Realtors® Part of Gov. Scott’s Business Mission to France

Representing Florida’s Realtors and the interests of the state’s real estate industry, Florida Realtors® President Andrew Barbar and CEO Bill Martin are back from a recent trade mission in France with Gov. Rick Scott and key business leaders. The group met with French companies and individuals to emphasize the affordability and opportunities for real estate investment in Florida and to show “Florida is a great place to do business.”

Orlando home sales, median price both up 10 percent in May

Orlando’s housing market is riding its traditional summertime wave of home sales — fueled in part by both low interest rates and more inventory — and posted positive numbers for the month of May. Sales of existing homes increased 10 percent while the median price also increased 10 percent when compared to May of 2014, reports the Orlando Regional REALTOR® Association.

C&W’s Spencer Brokers RomaCorp Office Relocation

Cushman & Wakefield announced today that Director Anne Spencer has assisted RomaCorp, the corporate entity behind the Tony Roma’s restaurant chain, in leasing 8,820 square feet of office space in the Rosemont Building at Orlando University Center.

McCraney Property Company Inks New 42,839 SF Lease within John Young Business Park to...

WASHINGTON, D.C. - June 16, 2015 - (RealEstateRama) -- McCraney Property Company, a leading developer of modern industrial properties, announced that DEX Imaging...

CBRE CAPITAL MARKETS ARRANGES SALE OF OVIEDO APARTMENT COMMUNITY

CBRE Capital Markets arranged the sale of Barrington Place Apartments, a 233-unit apartment community in the Oviedo area of Orlando for an undisclosed amount. Located at 2785 Chaddsford Circle, the complex was completed in 1998 and has a current occupancy of 95%.

CBRE CLOSES $23.65 MILLION SALE OF ALTAMONTE SPRINGS APARTMENT COMMUNITY

CBRE Capital Markets arranged the sale of Lakeshore Apartment Homes, a 224-unit rental community in the Altamonte Springs area of Orlando. Located at 210 Altamonte Bay Circle, the lakeside property was acquired from a private equity group based in Denver by a Canadian investment firm for $23.65 million. CBRE’s Shelton Granade, Luke Wickham and Justin Basquill exclusively represented the seller in the transaction

Lee & Associates Brokers $7.65 Million Sale of Atrium Tower Office Facility in Orlando

ORLANDO, Fla. - February 20, 2014 - (RealEstateRama) -- Lee & Associates, the largest broker-owned commercial real estate firm in the country, has brokered the $7.65 million sale of the Atrium Tower office building in Orlando, Fla.

AUCTION.COM ANNOUNCES $33 MILLION SALE OF ORLANDO UNIVERSITY CENTER

IRVINE, CA - February 20, 2013 - (RealEstateRama) -- Auction.com (www.auction.com), the nation’s leading online real estate marketplace, announced final sale of Orlando University Center, a 386,512-square-foot office complex near the University of Central Florida.

Maintaining Dominant Market Position

Winter Springs, FL - October 17, 2011 - (RealEstateRama) -- Real estate marketing has shifted from newspapers, classifieds, and brochures to websites, online classifieds, and videos. Nearly 90% of homebuyers begin their home search online, so there is no question as to where we [Realtors] have shifted our marketing efforts.

Florida’s Existing Home, Condo Sales Up in May 2009

ORLANDO, FL - June 23, 2009 - (RealEstateRama) — Florida’s existing home sales rose in May – the ninth month in a row that sales activity increased in the year-to-year comparison, according to the latest housing data released by the Florida Association of Realtors® (FAR). Statewide sales showed gains over the previous month’s sales level in both the existing home and existing condominium markets. Also, for the first time in many months, the statewide median sales price in May for existing homes and for existing condos rose over the previous month’s figure.

Be the ENVY of All: Win Florida Association of Realtors’ Environmental (ENVY) Award

ORLANDO, FL - April 30, 2009 - (RealEstateRama) — Don’t wait to enter the Florida Association of Realtors®’ (FAR) annual Environmental Award program, or you may be green with ENVY when the winner is chosen. Popularly known as the “ENVY” award, the honor goes to a development that best preserves Florida’s natural quality of life. The award may be given in two categories: one for residential development and one for commercial development.

Florida Realtors® Support Push to Advance Homebuyer Tax Credit Aid

ORLANDO, FL - April 07, 2009 - (RealEstateRama) — Finding a way to turn a new $8,000 federal tax credit for first-time homebuyers into money that they can use right away for a downpayment would spark the recovery of Florida’s housing market and boost the state’s economy, says Cynthia Shelton, 2009 president of the Florida Association of Realtors® (FAR).

Protect Your Home While You Travel, Says Florida Association of Realtors

ORLANDO, FL - April 01, 2009 - (RealEstateRama) — Is spring fever prompting you to head for the beaches or some other vacation getaway? If you’re planning to travel during the spring holidays this year, you can help protect your home while you’re away by following these tips from the Florida Association of Realtors® (FAR)

New Holiday Inn Express Opens in Orlando

March 26, 2009 - (RealEstateRama) — IHG (InterContinental Hotels Group) [LON: IHG, NYSE: IHG (ADRs)], the world's largest hotel group by number of rooms, announced today that the Holiday Inn Express & Suites Orlando-Ocoee East has opened. The hotel is the third Holiday Inn Express to open in the Orlando area this year and marks the fourth property in the market to showcase the brand's new sign.

Florida’s Existing Home, Condo Sales Rise in February 2009

ORLANDO, FL - March 24, 2009 - (RealEstateRama) — Florida’s existing home sales rose in February, making it the sixth consecutive month that sales activity showed increases in the year-to-year comparison, according to the latest housing data released by the Florida Association of Realtors® (FAR). February’s statewide sales also increased over January’s figures in both the existing home and existing condo markets

NCAA Returns to Orlando to Build a Home with Habitat for Humanity at the...

INDIANAPOLIS - March 19, 2009 - (RealEstateRama) — The NCAA and Habitat for Humanity International, in conjunction with the Mid-Eastern Athletic Conference (MEAC) and Habitat for Humanity Orlando, have joined forces to frame a house in partnership with a local Orlando family at the 29th annual Florida Classic presented by State Farm.

Florida’s Existing Home, Condo Sales Rise in December 2008

ORLANDO, FL - January 26, 2009 - (RealEstateRama) — Florida’s existing home sales rose in December, making it the fourth consecutive month that sales activity demonstrated gains in the year-to-year comparison, according to the latest housing data released by the Florida Association of Realtors® (FAR).

Florida’s existing home sales remain slow in February 2008

ORLANDO, Fla. – March 24, 2008 – Turmoil in the mortgage market continued to impact Florida’s housing sector in February. Statewide, sales of existing...

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

Buchanan Slams “Nightmarish” Conditions at VA Nursing Homes

Congressman Vern Buchanan today demanded answers from the Department of Veteran Affairs after reports of deplorable conditions and neglect at VA nursing homes across the nation.