Orlando Property Group Blog

Follow me
By
Real Estate Agent - Orlando Property Group - SL3141508
As specialists in the Central Florida market, it is not only our mission to keep you current on the local world of real estate, but also anything that could positively or negatively impact you in the process of buying or selling a home, or even keeping your home in the best condition to sell at the highest price one day in the future. We'll also keep you in the loop on the most relevant Central Florida news.
RECENT BLOG POSTS
The Internal Revenue Service has instituted a new policy to make it faster for a home owner to remove a lien against their property. With the current economy forcing many homeowners to sell or refinance, a tax lien can delay the process, adding to that property owner's pressure, even blocking a s...
12/27/2008
On December 16, the Federal Reserve Bank announced an interest rate cut to a range of .25 percent to 0 percent. This remarkable adjustment means the prime rate will drop to 3.25 percent. The Fed made this move to encourage banks to loosen their tight grip on money and stimulate the economy by pro...
12/22/2008
In December 2008, Forbes.com published a list of the top ten cities where buyers can find a real estate bargain: Orlando was third on the list. While that may seem like a dubious honor for current Central Florida homeowners, author Matt Woolsey's comments were surprisingly positive. Noting that "...
12/19/2008
In today's crumbling real estate market, many homeowners in the Orlando area are struggling with monthly mortgage payments and may soon face foreclosure. Negotiating revised loan terms would appear to be a good option however loan modifications are failing for many borrowers within a few months o...
12/17/2008
Orlando Real Estate Market Update November 2008 Good news for first-time home buyers in the Orlando, Florida, area: Conditions for purchasing your first home haven't been this favorable since March 2004. The median sales price declined again last month, dropping nearly 5 percent from $175,650 in ...
12/14/2008
Orlando, Florida Short Sale Home Buyer Tips Orlando, Florida Short Sale Home Buyer Tips: An Interview with Chris Myers of the Orlando Property Group We recently had the pleasure of being interviewed by Kevin Sandridge of the blog site,www.floridamortgageblogger.com.  Kevin is one of Orlando's pr...
12/13/2008
Orlando Home Buyers - Now Is The Right Time To Buy!!! Orlando Home Buyers - Now Is The Right Time To Buy!!! One question is on the mind of all Orlando home buyers...Is now the right time to buy? Well, a recent economic and financial analysis forecasting firm called Global Insight has recently re...
12/13/2008
Will Loan Modifications Help Homeowners in Orlando, Florida? In areas like Orlando, Florida, hard hit by increased foreclosures and decreased home values, loan modifications held out some hope for slowing the real estate market's downward spiral. However, initial early data may indicate many str...
12/12/2008
According to Bankrate.com, the benchmark mortgage rate fell by 5 basis points to 5.92 percent. A year ago the rate was 6 percent but it had increased during 2008. Only five weeks ago, the rate was 6.44 percent. Interest rate drops for six straight weeks have given home buyers a reason to jump int...
12/09/2008
If you've dreamed of owning a vacation or retirement home in the Orlando area, this is the time to turn your dream into reality. Sales prices and interest rates are down, and the inventory of homes to choose from has never been better. In October, there were nearly 25,000 properties available, an...
12/08/2008