By Michael Cordero, Ember Realty The latest data from the Orlando Regional REALTOR® Association (ORRA) reveals some notable shifts in the local housing market. In August 2024, we saw interest rates dip to a two-year low, providing a welcome relief for buyers. Here’s a detailed look at the current state of the market, key trends, and what this means for prospective homebuyers and sellers in the...

By Michael Cordero, Ember Realty May 2024 has brought significant changes to the Orlando housing market, with inventory levels reaching heights not seen since 2016, according to the latest Orlando Regional REALTOR® Association data. This notable increase in available homes marks a pivotal shift, offering more options for buyers in a persistently active market. Record-Breaking Inventory Growth In...

By Michael Cordero, Ember Realty March 2024 marked another strong month for the Orlando housing market, according to the latest data from the Orlando Regional REALTOR® Association. Sales, median home prices, and inventory levels all saw increases, indicating a market thriving during the busy spring season. Sales and Median Home Prices Climb Orlando experienced a 17.7% increase in overall sales,...

By Michael Cordero, Ember Realty The Orlando housing market rebounded impressively in February 2024, as evidenced by the latest data from the Orlando Regional REALTOR® Association, and this period marked a notable turnaround with a surge in overall sales and median home prices, alongside an increase in new listings and inventory, signaling a robust start to the spring homebuying season. A...

By Michael Cordero, Ember Realty The Orlando housing market has welcomed the new year with significant activity, as seen in the latest data from the Orlando Regional REALTOR® Association. January 2024 has been a month of notable changes, with a surge in new listings, a slight adjustment in home prices, and fluctuations in interest rates, indicating a dynamic start to the year. Surge in New...

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Brought to you by Ember Realty Orlando's housing market experienced significant changes in September 2023, as indicated by the recent data published by the Orlando Regional REALTOR® Association. Notable findings point towards the market facing a slowdown this fall, with some of the most impactful changes directly attributed to the interest rates reaching their highest point in over two...

Orlando's housing market experienced significant changes in September 2023, as indicated by the recent data published by the Orlando Regional REALTOR® Association. Notable findings point towards the market facing a slowdown this fall, with some of the most impactful changes directly attributed to the interest rates reaching their highest point in over two decades. Key Takeaways from September...

As summer draws to a close, the Central Florida real estate market displays signs of cooling. The Orlando Regional REALTOR® Association's recent data release sheds light on this transition, indicating notable shifts as the fall season approaches. State of the Market Inventory Dynamics: The inventory for August stood at 6,115, reflecting a 6.9% increase from July's figure of 5,720 homes. New...

Nationally it’s 13%, but in Fort Lauderdale it’s 28% – the highest in the U.S. In Miami, a first-time buyer needs to earn 25% more than they did a year ago. By Kerry Smith SEATTLE – A first-time homebuyer must earn roughly $64,500 per year to afford the typical U.S. “starter” home, up 13% ($7,200) from June a year ago, according to a report from Redfin, thanks to the one-two punch of...