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Winter Springs, FL Real Estate News

By Debbie Summers
(Charles Rutenberg Realty )
New Townhomes For Sale in Jesup's Reserve Winter Springs Neighborhood Facts: Walking Distance to Winter Springs Town Center - Publix, Tijuna Flats, Barnies Coffee Seminole County Schools Community Pool and Playground Located on 434 and Tuscawilla Road - Quick Access to The 417 Greenway Townhomes from the Low 100's to 200's Townhomes For Sale in Jesup's Reserve For more information about Jesup's Reserve and for current inventory of homes available visit Move To Lake Mary.
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By Olympus Executive Realty Inc., Home Of The Top Producers
(Olympus Executive Realty INC.)
Welcome to Winter Springs New Homes, Builder Spec Homes & Pre Construction. Winter Springs has many new communities to choose from with a vast range of pricing and style. You may ask do you need a REALTOR® when buying a brand new home from a builder? Dealing directly with a salesperson at the model home will not get you the best deal or get you the best advice. Your own REALTOR can negotiate incentives you may not be aware of. Your REALTOR works in your interest and is your representative. Your REALTOR also helps you get through the endless paperwork! It is a common misconception not using a REALTOR will save you money! NOT TRUE! Your own REALTOR costs you nothing. Your own REALTOR has your best interest. Sales consultants for a builder is only looking out for the builder not you! Home ...
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By Thomas D
(TMD Technology)
Winter Springs Festival of the Arts October 16th & 17th, 2010 - 10am - 5pm Winter Springs Art Festival Overview The Winter Springs Festival of the Arts will take place in the Winter Springs Town Center October 16th & 17th, 2010 and is presented by the Oviedo-Winter Springs Regional Chamber of Commerce. Established as a signature event in an affluent Central Florida suburb, this art, wine and jazz festival will attract residents and visitors to the upscale village center. Patrons will stroll along beautiful Blumberg Boulevard viewing the work of 125 fine artists, enjoying music and entertainment by performing artists and tasting a variety of foods. Centerline Homes has several new home communites in the Winter Springs area be sure to stop by any one of sales our offices.
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By Chris Brown, P.A., P.A.
(Realty Executives Gallery Properties)
Get the straight facts about what can make or break the sale of your home.  Selling your home is one of the most important financial decisions you will make in your life. How much is it REALLY worth? How long will it take to sell? How do you handle buyers making undesirable offers?  As your Real Estate Consultant, it is my job to guide you through this complicated process, from beginning to end. I want you to get the maximum value for your home, within YOUR time frame. Here are just some of the things that I will do to market and sell your home:  - Buyers want to buy your home for as little as possible! Through detailed comparisons between your home and recently sold homes, and other properties currently on the market, together we can determine what your home is really worth in the curr...
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By Marc Grossman, GRI, Greater Orlando Real Estate Broker
(Marc It Sold!)
The following are the market sales statistics for Winter Springs, Seminole County, Florida for June 2010.  Winter Springs is made up of the zip code 32708.  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 numbe...
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By Marc Grossman, GRI, Greater Orlando Real Estate Broker
(Marc It Sold!)
The following are the market sales statistics for Winter Springs, Seminole County, Florida for May 2010.  Winter Springs is made up of the zip code 32708.  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 Winter Springs, Seminole County, Florida for April 2010.  Winter Springs is made up of the zip code 32708.  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 Judy Chapman
(Referral Network of Illinois LLC)
The northern suburb of Winter Springs is known for excellent schools, proximity to major employment centers, convenience to the Greeneway (417) Tollway, and accessibility to the University of Central Florida. Subdivisions like Parkstone, Avery Park, and the master-planned community of Tuscawilla rank high as good places to live.   Containing over 4,500 homes, Tuscawilla has the feel of an exclusive enclave comprised of distinct neighborhoods. Find all the most sought-after amenities, including biking trails, a nature trail, tennis courts, parks with playgrounds, basketball courts, soccer fields, and baseball fields. Also take advantage of the Tuscawilla Country Club, which includes an 18-hole golf course, pool, dining facilities, pro shops, and clubhouse. Club membership is not required...
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By Marc Grossman, GRI, Greater Orlando Real Estate Broker
(Marc It Sold!)
The following are the market sales statistics for Winter Springs, Seminole County, Florida for March 2010.  Winter Springs is made up of the zip code 32708.  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 Marc Grossman, GRI, Greater Orlando Real Estate Broker
(Marc It Sold!)
The following are the market sales statistics for Winter Springs, Seminole County, Florida for February 2010.  Winter Springs is made up of the zip code 32708.  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 n...
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By Judy Chapman
(Referral Network of Illinois LLC)
Below find recent Short Sales in Winter Springs FL. You may have heard that selling a house as a Short Sale is difficult. Short Sales aren’t difficult. They are tedious, time-consuming, frustrating, require a great deal of patience and enormous quantities of aspirin. In the end, Short Sales are worth the headaches because they allow homeowners to avoid foreclosure, keep their credit from being destroyed, and move out and move on. Street Date Sold Original List Price Sold Price Beds Baths Sq Ft Pool GOLFPOINT 01/22/10 $550,000 $420,000 5 4 4416 Y PEARL 01/27/10 $145,000 $137,000 3 2 1304 N VENTURE 01/20/10 $299,000 $213,000 4 3 2300 Y LISA 01/15/10 $260,000 $226,700 4 2 2264 N DEVON CREEK 01/07/10 $235,000 $208,000 4 2 1947 N TROTWOOD 01/19/10 $249,900 $180,600 4 3 2127 Y SYBILWOOD 01/29...
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By Marc Grossman, GRI, Greater Orlando Real Estate Broker
(Marc It Sold!)
The following are the market sales statistics for Winter Springs, Seminole County, Florida for January 2010.  Winter Springs is made up of the zip code 32708.  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 nu...
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By Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner, Chris Brown 407.367.2974
(Chris Brown | Certified Mortgage Planners)
Reporting on a two-month lag, the government said home values rose 0.7 percent in November. National home prices are at their highest point since February 2009. But before we look too much into the FHFA's Home Price Index, it's important that we're cognizant of its shortcomings; the most important of which is its lack of real-time reporting. According to the National Association of Realtors™, 80% of purchases close within 60 days. As a result, because of its two-month delay, the Home Price Index report actually trails today's market data by an entire sales cycle. This is one reason why home values appear to be rising even while new data shows that...... Read the COMPLETE BLOG POST HERE: Home Values Rose In November 2009 By Another 0.7 Percent --------------------------------------------...
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By Judy Chapman
(Referral Network of Illinois LLC)
These statistics should give you a feel for what’s happening in the luxury segment of the Orlando FL real estate market.   Street Date Sold Original List Price Sold Price Beds Baths Sq Ft Pool WINTER SPRINGS 12/09/09 $699,000 $574,000 4 4 3609 Y BEAR CREEK 12/14/09 $789,900 $559,000 4 3 4336 Y BENTLEY COVE 12/18/09 $575,000 $505,000 4 3 3497 Y NORTHERN 12/30/09 $699,000 $525,000 4 3 3115 Y   Properties have been listed and sold by various MLS members. Data drawn from the My Florida Regional Multiple Listing Service.   Common concerns and doubts of all home sellers If the list price of my house is too high, no one will buy. If the list price is too low, I’ll lose money. Since this is a bad time to sell, I’m going to wait for the market to turn around. While I’m waiting, house prices coul...
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By Judy Chapman
(Referral Network of Illinois LLC)
When homeowners face difficult financial times, Short Sales are often the best way out. The story of this Short Sale illustrates how homeowners can avoid 1) foreclosure, 2) insurmountable debts, and 3) an uncertain future.     Lender: Wells Fargo & Wachovia Initial Purchase Price of Home: Over $350,000 Loan Amount(s) Owed: $325,000 Hardship: Loss of income and layoff Initial List Price: $235,000 Final List Price: $225,000 Contract Price: $210,000 Days to Contract: 40 Time to Obtain Lender Approval for Short Sale: 4 Months Months to Close: 6 Months Last Mortgage Payment: Homeowners were behind on payments by not more than 30 days, never stopped making HOA payments, and were up-to-date on property taxes. Monetary Contribution Required of Homeowners to Finalize Short Sale: $3,000 to 2nd lo...
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By Marc Grossman, GRI, Greater Orlando Real Estate Broker
(Marc It Sold!)
The following are the market sales statistics for Winter Springs, Seminole County, Florida for December 2009.  Winter Springs is made up of the zip code 32708.  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 n...
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By Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner, Chris Brown 407.367.2974
(Chris Brown | Certified Mortgage Planners)
Both mortgage rates and home affordability took a turn for the better Wednesday after the Federal Reserve released its December 15-16, 2009 meeting minutes. The Fed Minutes is a follow-up piece to the post-FOMC meeting press release. But whereas the press release is succinct and to-the-point, the minutes are lengthy and often meandering. As a comparison, December's press release contained 535 words. December's minutes had 6,260. But these "extra words" aren't superfluous. They're actually very important to homeowners. Because the Federal Reserve's internal debates help to shape Wall Street expectations, it doesn't take much for those conversations to have a trickle-down effect on Main Street. For example, after the December meeting, the Fed said that...... Read the COMPLETE BLOG POST HE...
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By Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner, Chris Brown 407.367.2974
(Chris Brown | Certified Mortgage Planners)
Mortgage markets improved last week as pricing followed a roller coaster-like pattern. After touching a 6-week high Tuesday, rates rallied to weekly lows Thursday, and then jumped back higher Friday. Despite the improvement last week overall, mortgage pricing remains significantly worse from the all-time lows set in late-November. Oddly, last week's most prominent mortgage-related story wasn't the most influential one. On Wednesday, the Federal Open Market Committee adjourned from a two-day meeting.  It voted to leave the Fed Funds Rate unchanged from its current target zone of 0.000-0.250 percent.  This wasn't news, per se -- markets expected the "no change" vote. However, in its accompanying press release, the Fed appeared more rosy in its economic outlook, citing improving labor mark...
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By Marc Grossman, GRI, Greater Orlando Real Estate Broker
(Marc It Sold!)
The following are the market sales statistics for Winter Springs, Seminole County, Florida for November 2009.  Winter Springs is made up of the zip code 32708.  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 n...
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By Judy Chapman
(Referral Network of Illinois LLC)
These statistics should give you a feel for what’s happening in the luxury segment of the Orlando FL real estate market. Street Date Sold Original List Price Sold Price Beds Baths Sq Ft Pool TORCASO 11/19/09 $684,500 $645,000 5 4 3711 Y   Properties have been listed and sold by various MLS members. Data drawn from the My Florida Regional Multiple Listing Service.   A few tidbits of note ... Homes listed above $500,000 often take longer to sell than properties priced at the lower end of the market. While many houses priced below $500,000 may take 6 or 7 months to sell, homes in upscale neighborhoods may take as much as 2 years to unload. Keep in mind that some of these sales are for Short Sales or Foreclosed/Bank-Owned properties. Under these situations, the Sold Price may be considerabl...
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