Orlando Real Estate - Blog

Members of the Orlando Regional REALTOR Association closed 79.64 percent more homes in October of this year than last, momentum that ORRA Chairman of the Board Kathleen Gallagher-McIver, RE/MAX Town and Country, attributed to people responding to the first-time homebuyer tax credit. “Now that the tax credit has been extended to April 2010 and expanded, REALTORS® expect to see even more improvement as additional eligible buyers enter the market,” continues Gallagher-McIver.

While most details for first-time homebuyers mirror the rules currently in existence, the new law:

  • Extends the $8,000 tax credit to homes under a sales contract by April 30, 2010;
  • Expands to include a new $6,500 credit for owners of existing homes who are purchasing a new principal residence (an existing homeowner can claim the $6,500 tax credit if they lived in their principal residence for five consecutive years out of the last eight); and
  • Raises income eligibility limits to claim the full credit for both groups of homebuyers to $125,000 for individuals and $225,000 for married couples (effective Dec. 1, 2009).

There were 2,206 closings in October, which brings the year’s total to 19,069, while a total of 12,325 homes had changed by this time last year. Of those October sales, 62.47 percent of the homes were either bank-owned (928) or short sales (450). The remaining (828) “normal” sales made up 37.53 percent. complete story

Source: OrlRealtor.com

Stop Foreclosure

 Save Your Credit

Orlando Short Sale

Orlando Short Sale - Loan Modification image

Orlando Real Estate  Orlando MLS  Real Estate Orlando

Posted by Orlando Realty Experts on November 18th, 2009 11:34 AMPost a Comment (0)
Recent Posts:
Archive:
My Favorite Blogs:
Sites That Link to This Blog:

Orlando Homes for Sale image

Orlando Home Valuation image

Orlando Short Sales Foreclosure image

Orlando Real Estate Agents - Homevest Realty image  Orlando Realtors image Realtors Real Estate Orlando image 

Orlando Realty Experts logo image

Orlando Real Estate

We at Orlando Realty Experts are looking for quality realtors to join our growing team of experts, providing professional real estate services to our customers and clients.  Also, offering lead generation and referral partnership programs for established market leaders.

Orlando Real Estate - Service Areas

Orlando – Kissimmee Metro Service Area: Altamonte Springs, Altoona, Apopka, Astatula, Astor Belle, Astor, Belle Isle, Casselberry, Celebration, Christmas, Chuluota, Clermont, Davenport, Dr. Phillips, Eustis, Fruitland Park, Geneva, Gotha, Grand Island, Groveland, Harmony, Howey in the Hills, Kissimmee, Lady Lake, Lake Mary, Leesburg, Longwood, Maitland, Mascotte, Montverde, Mt. Dora, Mt. Plymouth, Oakland, Ocoee, Orlando, Oviedo, Paisley, Poinciana, Reunion, Sanford, Sorrento, St. Cloud, Tangerine, Tavares, The Villages, Umatilla, Windermere, Winter Garden, Winter Park & Winter Springs.

Orlando Metro Service Area - Central Florida Counties: Orange County, Seminole County, Osceola County, Polk County & Lake County.

Orlando Realty Experts: Provides services to home buyers and sellers in Orlando Florida, including FREE Orlando MLS (multiple listing service) search, Orlando new construction homes, preconstruction property, foreclosures, short sales and distressed property in Orlando FL. We are experienced real estate Orlando agents and  brokers that can represent you in the buying process as a buyers agent or help you in selling a home in Orlando. About Us - Location 

Orlando Short Sale Center: A short sale in Orlando offers homeowners a way to avoid foreclosure and help save their credit.  We have a team of licensed Orlando Realtors and loss mitigation experts who specialize in pre-foreclosures and the short sale of all types of property. 

All our agents are licensed by the State of Florida DPBR; active members of the Orlando Board of Realtors, Florida Association of Realtors and National Association of Realtors.  


Orlando Realty Experts 424 E. Central Blvd. Suite 516 Orlando, FL 32801
Phone: Fax:

Why Choose Us! | Contact Us | Free Home Valuation | Search New Construction | Search Orlando Listings | Orlando Relocation Guide | Orlando Short Sale | Looking to Buy | Looking to Sell | Home | Foreclosure Listings | Our Blog

Copyright © 2012 Orlando Realty Experts
Portions Copyright © 2012 a la mode, inc.
Another XSite by a la mode, inc. | Admin Login| Terms of Use| Site Map
All rate, payment, and area information are estimates and approximations only.