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Sanford, FL Real Estate News

By Debbie Summers
(Charles Rutenberg Realty )
Riverview by M.I. Homes See more neighborhood Photos... Gated community with Craftsman and Tuscan inspired townhomes, spacious floorplans, 1 and 2 car front entry garages.  There are still pond front homesites available by M.I. Homes. Located close to The Sanford Zoo, Sanford Riverwalk and Historic Sanford in Seminole County.  New Townhomes Available Now: For more information about the Sanford neighborhood of Riverview please visit Move To Lake Mary...  
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By Debbie Summers
(Charles Rutenberg Realty )
Candlelight Tour of Homes – Friday December 3, 6 – 9:30 PM The Sanford Historic Trust presents the the candlelight evening stroll through some of Sanford’s most beautiful homes. Reception in the park Live Music Carolers Carriage rides Menu samplings from local restaurants Tickets $25 in advance – $30 at event – click here to purchase tickets Visit Move To Lake Mary for information on daytime tours available on Saturday December 4, 2010.
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By Marc Grossman, GRI, Greater Orlando Real Estate Broker
(Marc It Sold!)
The following are the market sales statistics for Sanford, Seminole County, Florida for June 2010.  Sanford is made up of the zip codes of 32773 & 32771.  For purposes of this analysis we are only splitting the data according to single-family homes vs, condominiums, townhomes and villas. A couple of definitions are in order.  The median sales price means that 50% of the homes sold for more and 50% of the homes sold for less during a certain period of time – in other words, it’s the midpoint of sale prices.  So basically what this means, is that the median sales price is showing market activity in that it’s specifically indicating which price range is more active. The average sales price, as opposed to the median sales price, is the total volume of sold properties divided by the number ...
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By Marc Grossman, GRI, Greater Orlando Real Estate Broker
(Marc It Sold!)
The following are the market sales statistics for Sanford, Seminole County, Florida for May 2010.  Sanford is made up of the zip codes of 32773 & 32771.  For purposes of this analysis we are only splitting the data according to single-family homes vs, condominiums, townhomes and villas. A couple of definitions are in order.  The median sales price means that 50% of the homes sold for more and 50% of the homes sold for less during a certain period of time - in other words, it's the midpoint of sale prices.  So basically what this means, is that the median sales price is showing market activity in that it's specifically indicating which price range is more active. The average sales price, as opposed to the median sales price, is the total volume of sold properties divided by the number o...
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By Marc Grossman, GRI, Greater Orlando Real Estate Broker
(Marc It Sold!)
The following are the market sales statistics for Sanford, Seminole County, Florida for April 2010.  Sanford is made up of the zip codes of 32773 & 32771.  For purposes of this analysis we are only splitting the data according to single-family homes vs, condominiums, townhomes and villas. A couple of definitions are in order.  The median sales price means that 50% of the homes sold for more and 50% of the homes sold for less during a certain period of time - in other words, it's the midpoint of sale prices.  So basically what this means, is that the median sales price is showing market activity in that it's specifically indicating which price range is more active. The average sales price, as opposed to the median sales price, is the total volume of sold properties divided by the number...
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By Marc Grossman, GRI, Greater Orlando Real Estate Broker
(Marc It Sold!)
The following are the market sales statistics for Sanford, Seminole County, Florida for March 2010.  Sanford is made up of the zip codes of 32773 & 32771.  For purposes of this analysis we are only splitting the data according to single-family homes vs, condominiums, townhomes and villas. A couple of definitions are in order.  The median sales price means that 50% of the homes sold for more and 50% of the homes sold for less during a certain period of time - in other words, it's the midpoint of sale prices.  So basically what this means, is that the median sales price is showing market activity in that it's specifically indicating which price range is more active. The average sales price, as opposed to the median sales price, is the total volume of sold properties divided by the number...
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By Marc Grossman, GRI, Greater Orlando Real Estate Broker
(Marc It Sold!)
The following are the market sales statistics for Sanford, Seminole County, Florida for February 2010.  Sanford is made up of the zip codes of 32773 & 32771.  For purposes of this analysis we are only splitting the data according to single-family homes vs, condominiums, townhomes and villas. A couple of definitions are in order.  The median sales price means that 50% of the homes sold for more and 50% of the homes sold for less during a certain period of time - in other words, it's the midpoint of sale prices.  So basically what this means, is that the median sales price is showing market activity in that it's specifically indicating which price range is more active. The average sales price, as opposed to the median sales price, is the total volume of sold properties divided by the num...
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By Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner, Chris Brown 407.367.2974
(Chris Brown | Certified Mortgage Planners)
  Earlier this week, the private-sector Case-Shiller Index showed home prices slightly lower between November and December.  Thursday, the public-sector Home Price Index showed the same. Publishing on a 2-month lag, the Federal Home Finance Agency said home prices fell by 1.6 percent nationally in December.  And that's an average, of course.  Some regions performed well in December as compared to November, others didn't. Values in the Middle Atlantic states improved slightly Values in New England were essentially unchanged Values in the Mountain states sagged, down 3.5% These aren't just footnotes. They're an important piece toward understanding what national real estate statistics really mean. In short, "national statistics" are just a compilation of a bunch of local statistics. For ex...
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By Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner, Chris Brown 407.367.2974
(Chris Brown | Certified Mortgage Planners)
  Using data compiled in December, Standard & Poors released its Case-Shiller Index Tuesday.  The report shows home prices down just 2.5% on an annual basis, a figure much lower than the 8.7% annual drop reported after Q3. According to Case-Shiller representatives, the housing market is "in better shape than it was this time last year", but some of the summer's momentum has been lost. 15 of 20 tracked markets declined in value between November and December 2009. Meanwhile, it's interesting to note the 5 markets that didn't decline -- Detroit, Los Angeles, Las Vegas, Phoenix and San Diego.  Each of these metro regions were among the hardest hit nationwide when home prices first broke.  Now, they're leading the pack in price recovery.   For some real estate investors, that's a......   Rea...
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By Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner, Chris Brown 407.367.2974
(Chris Brown | Certified Mortgage Planners)
  Sometimes, headlines for housing can be misleading and this week gave us a terrific example. On Wednesday, the Commerce Department released its Housing Starts data for January 2010. The data showed starts at a 6-month high. A “Housing Start” is a privately-owned home on which construction has started. Headlines on the Housing Starts story included: U.S. Housing Starts Hit 6-Month High (Reuters) U.S. Economy Receives Home Building Boost (Shepparton) Housing Starts Post Sharp Rebound (ABC) Based to the headlines, the housing market looks poised for rapid growth through the Spring Market. The real story, though, is that although Housing Starts increased by close to 3 percent last month, the growth is mostly attributed to buildings with 5 or more units.  This includes apartments and condo...
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By Marc Grossman, GRI, Greater Orlando Real Estate Broker
(Marc It Sold!)
The following are the market sales statistics for Sanford, Seminole County, Florida for January 2010.  Sanford is made up of the zip codes of 32773 & 32771.  For purposes of this analysis we are only splitting the data according to single-family homes vs, condominiums, townhomes and villas. A couple of definitions are in order.  The median sales price means that 50% of the homes sold for more and 50% of the homes sold for less during a certain period of time - in other words, it's the midpoint of sale prices.  So basically what this means, is that the median sales price is showing market activity in that it's specifically indicating which price range is more active. The average sales price, as opposed to the median sales price, is the total volume of sold properties divided by the numb...
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By Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner, Chris Brown 407.367.2974
(Chris Brown | Certified Mortgage Planners)
A "Short Sale" is when a home seller sells his home for a lesser amount than what is owed on his mortgage, and the mortgage lender agrees to accept the lesser amount in lieu of a full payoff. By way of example, a Short Sale may be appropriate for a home seller whose mortgage balance is $250,000 but whose home wouldn't sell for more than $220,000.  Rather than pay the $30,000 difference to the lender at the time of sale, the seller enters into an agreement with the lender by which all sale proceeds are paid to the bank and the deficient balance is forgiven. Short Sales are a preferable alternative to foreclosure but...... Read the COMPLETE BLOG POST HERE: Simple Real Estate Definitions : Short Sale ------------------------------------------   Chris is Florida's #1 FHA Mortgage Broker and...
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By Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner, Chris Brown 407.367.2974
(Chris Brown | Certified Mortgage Planners)
November 6, 2009, Congress voted to extend and expand the First-Time Home Buyer Tax Credit program.  There's 100 days left to claim it. The expiration date of the up-to-$8,000 tax credit has been pushed forward to spring, requiring homebuyers to be under contract for a home no later than April 30, 2010, and to be closed no later than June 30, 2010. In addition, "move-up" buyers were also added to the program's eligibility list meaning you don't have to be a first-time home buyer to be eligible for the tax credit.  If you've lived in your home for 5 of the last 8 years, you meet the IRS requirements. Move-up buyers are capped at a total tax credit of $6,500. The tax credit's basic eligibility requirements remain the same:..... Read the COMPLETE BLOG POST HERE: There's 100 Days Left To Cl...
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By Road House Realty
(Road House Realty)
Lake Markham Preserve is an upscale, guard-gated and waterfront and golf community with lake access located in Sanford, Florida. The affluent assortment of luxury Mediterranean and Spanish-style estates are all situated on the immaculate Lake Markham, featuring lush landscaping and a handsome, solid brick perimeter. Each of the 61 elegant homes sits on oversize lots of 1-2 acres, 19 of which are on the water's edge. The backdrop of Lake Markham, combined with the extravagant houses and chic neighboring stores, make it the perfect Florida home destination. A few minutes away, you can take advantage of richly appointed golf courses and upscale shopping. Lake Markham Preserve has it all: beautiful homes, first-class golf, a scenic lake and a swanky local neighborhood. The schools zoned fo...
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By Road House Realty
(Road House Realty)
Lake Forest is an upscale, guard-gated community with waterfront homes and lake access in charming Sanford, Florida. This collection of extravagant, Mediterranean-style homes boast amazing waterfront views setting an immediate tone of tranquility and peace. The houses, which are all extremely some of the luxurious in Central Florida, have elaborate landscaping and sparkling driveways. The neighborhood includes an entrance to the Lake Forest Swim and Tennis Club, which features 6 lighted tennis courts, an Olympic-size swimming pool, large clubhouse, cutting-edge fitness center, volleyball court, and a children's playground. In addition you can visit the 65-acre sun-kissed lake where fishing docks and canoes are available for you to use at your leisure. Imagine indulging in all these ame...
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By Marc Grossman, GRI, Greater Orlando Real Estate Broker
(Marc It Sold!)
The following are the market sales statistics for Sanford, Seminole County, Florida for December 2009.  Sanford is made up of the zip codes of 32773 & 32771.  For purposes of this analysis we are only splitting the data according to single-family homes vs, condominiums, townhomes and villas. A couple of definitions are in order.  The median sales price means that 50% of the homes sold for more and 50% of the homes sold for less during a certain period of time - in other words, it's the midpoint of sale prices.  So basically what this means, is that the median sales price is showing market activity in that it's specifically indicating which price range is more active. The average sales price, as opposed to the median sales price, is the total volume of sold properties divided by the num...
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By Road House Realty
(Road House Realty)
The Estates at Wekiva Park is an upscale gated, waterfront community grazing the shores of the Wekiva River in lovely Sanford, Florida. The neighborhood, featuring gorgeous, majestic homes with Mediterranean architecture, includes a spectacular grand entrance, impressive picnic area, children's playground, tennis courts, and convenient fishing docks set up all along the bank of the famous Wekiva River. Enjoy fishing in the backyard of your grand Floridian home. All the homes sit on oversize lots, and when the development is completed, there will be only 85 exclusive homes in the subdivision. If you want to explore outside the neighborhood, try going to Rock Springs Run State Reserve, where their many outdoor activities will keep you infinitely busy and energetic. The schools zoned for ...
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By Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner, Chris Brown 407.367.2974
(Chris Brown | Certified Mortgage Planners)
  One day after November's Existing Home Sales report blew away estimates, the Census Bureau's related New Homes Sales report failed to impress. A "new home" is a home that is newly-constructed; not bought as a resale. In a lackluster showing, New Home Sales dropped 11 percent in November, falling to the lowest levels since April. Furthermore, the all-important "months of supply" climbed by a half-month to 7.9. The press pounced on the figures and if you only read the headlines, you'd think that housing had cratered.  Some of the angles were quite bold, even: Weak U.S. Home Sales Show Recovery's Shakiness (Reuters) New Home Sales Plunge In November (CNNMoney.com) Housing Forecast : Off Life Support, Still In Critical Care (CBS News) These headlines, although technically accurate, only t...
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By Road House Realty
(Road House Realty)
Retreat at Wekiva Real Estate is a Gated community located in tranquil Sanford, Florida. The neighborhood's peaceful ponds and lavish landscaping perfectly accent the beautiful homes that weave all around the tree-lines streets. You can enjoy the neighborhood's playground and beautiful park, go jogging on the trails or enjoy the gorgeous water views. If you want to explore the city of Sanford, there are award-winning restaurants and upscale shopping in close proximity of the community. With access to all major roads, Retreat at Wekiva is in an ideal location. The schools zoned for Retreat at Wekiva are Wilson Elementary School, Markham Woods Middle School, and Seminole High School. Retreat at Wekiva is conveniently located off Orange Blvd. and Stargazer Terrace, 5 minutes from the inte...
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By Marc Grossman, GRI, Greater Orlando Real Estate Broker
(Marc It Sold!)
The following are the market sales statistics for Sanford, Seminole County, Florida for November 2009.  Sanford is made up of the zip codes of 32773 & 32771.  For purposes of this analysis we are only splitting the data according to single-family homes vs, condominiums, townhomes and villas. A couple of definitions are in order.  The median sales price means that 50% of the homes sold for more and 50% of the homes sold for less during a certain period of time - in other words, it's the midpoint of sale prices.  So basically what this means, is that the median sales price is showing market activity in that it's specifically indicating which price range is more active. The average sales price, as opposed to the median sales price, is the total volume of sold properties divided by the num...
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