Based on the Orlando Regional Realtor Association's latest market data, the median residential home sales price for the Orlando MSA in June 2023 was recorded at $385,000, up from $378,000 in May. Median home prices have increased every month this year. The median home price in June 2023 was close to June 2022, when it was recorded at $387,000. ORRA reports new listings rose 7.1% from May to June, with...
Metro City Realty Blog
Knock knock. Who's there? Dejav. Dejav who? Knock knock Like this knock-knock joke, people engaged in the Orlando residential real estate exchange may be asking what type of market we are in and possibly looking back at history as a predictive tool. Is it a seller's market? A buyer's? The marketplace is uncertain, with the Federal Reserve raising interest rates seemingly every three months. To help...
The Florida Department of Health Issues Mosquito Borne Illnesses Advisory Four malaria cases in Sarasota county have been treated and recovered. Tallahassee, Fla. The Florida Department of Health is issuing a statewide mosquito-borne illness advisory following four confirmed and recovered local cases of malaria in Sarasota County. All individuals have been treated and have recovered. Malaria is...
Testimonial Tuesday Zillow Review on Beatrice Miranda: "As a first-time home seller, Beatrice offered both expertise and professionalism. She has extensive knowledge of what sells and doesn't sell in the area when preparing a home for sale and combines her extensive knowledge of how the whole processes work, providing resources and maintaining complete transparency through it all. It was a learning curve...
The latest headlines about Disney and Florida Gov. Ron DeSantis may paint a picture of a city facing serious headwinds, but in Orlando's housing market, things are looking as stable as ever. Unlike in other cities, home prices aren't dropping in Orlando; they're leveling out. Meanwhile, housing supply remains low, employment is high, and consumer sentiment keeps improving. In short: Things are...
This is unusual for downtown Orlando: an acre of land in the heart of the city that could be yours, if the offer is right. The church across the street has owned the parcel for more than a hundred years, and they said now was the right time to...
ORLANDO, Fla., April 21, 2023 /PRNewswire/ -- Florida's housing market in March and the first quarter (1Q) of 2023 had more for-sale inventory (active listings) and higher median sales prices compared to a year ago, according to Florida Realtors ' latest housing data. "Buyers in Florida remain challenged by mortgage rates above 6% and economic pressures like inflation," said 2023 Florida Realtors...
Last year, the Michelin Guide made its debut in Florida, awarding a Michelin star to four restaurants, placing seven restaurants in the Bib Gourmand designation, and including 23 as recommended restaurants. This April, Michelin announced that eight more Orlando area restaurants would be included for the first time in the 2023 edition of the Michelin Guide. Whether these restaurants will be given a star,...