November 2016

There are 3 blog entries for November 2016.

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.

The overall median price (all sales types and all home types combined) for the month of October 2016 is $205,000, a 13.95 percent jump compared to the $179,900 median price in October 2015. The median price is steady compared to the September 2016 median of also $205,000.

The Orlando median home price has now experienced year-over-year increases for the past 63 consecutive months; as of October the median price is 77.49 percent higher than it was in July 2011. >>Read
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1. People who look at your home over the holidays are serious buyers. 

2. Serious buyers have fewer homes to choose from over the holidays. That means less competition and more money for you.

3. Come January there will be an increase of homes on the market which will decrease the demand. Less demand means less money.

4. Houses show better when they're decorated for the holidays.

5. Buyers tend to be more emotional during the holidays and may spend more money.

6. Buyers have more time to look over the holidays. 

7. Some people must buy before the end of the year for tax reasons.

8. January is traditionally a month where employees have to relocate so they cannot wait until Spring.

9. You have the option to delay your close or

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Some things in life are meant to set and forget (coffeepots, crockpots, DVRs), but your homeowners insurance policy isn’t one of them. The coverage you currently have might not work for your and your family’s needs five years, five months, or even five weeks down the road, so it’s essential that you keep your policy up to date. The alternative? You’ll put yourself at risk for gaps in coverage, and it’s even possible that you’ll miss out on substantial savings on your premium. >> Read more.
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