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 Navigating a multiple-offer scenario effectively requires more than just luck; it demands skilled negotiation and a deep understanding of the market dynamics. Here’s a comprehensive guide to succeeding in these competitive situations. Understanding the Seller's Motivations Photo by LinkedIn Sales Navigator on Pexels.com Knowing the seller's priorities can...
By Michael Cordero, Ember Realty Are you intrigued by the prospect of owning an income property? Real estate investment has long been hailed as a reliable method for building generational wealth, offering numerous avenues for potential returns. The possibilities are vast, from purchasing and selling notes to investing in REITs (Real Estate Investment Trusts) and leasing commercial properties. Among...
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...
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...
Deciding between renting and buying your first home? While it often seems like a purely financial decision, determining whether or not you can afford what you desire, there's more to the story. The concept of Cost-Benefit Analysis comes into play here. It involves analyzing a situation to determine if the benefits outweigh the costs. As a prospective homebuyer, you need to think along these lines. The...
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