Market Updates Archives | REALTOR® Vincent Murphy

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Market Updates

ORRA Housing Market Report – March 2018

View detailed statistical reports Orlando home sales hold steady, median price rises in March Orlando’s median home price rose 6 percent in March when compared to March of last year while sales held steady with a slight 1 percent increase,…

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Millennials spend nearly $100k on rent by 30

Millennials are well known for their over-priced coffee and overwhelming student debt that economists agree are limiting their ability to purchase homes. Now research from Rent Cafe shows that this cohort is expected to spend an estimated $92,600 in rent…

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Orlando is #10 for Easter!

This holiday is hitting national records yearly, and Orlando is coming out on top as the tenth best place in the country to spend Easter! Orlando has some of the best weather, chocolate, flowers, and, of course, brunch!  This year,…

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ORRA Housing Market Report – February 2018

View detailed statistical reports Orlando median home continues upward trend with 10 percent increase in February  Orlando’s median home price rose 10 percent in February when compared to February of last year while sales held steady with a 1 percent…

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Orlando’s underwater mortgages drop 6 percent

The number of seriously underwater mortgages (125 loan-to-value) in the Orlando MSA declined 6 percent in the fourth quarter of 2017, compared to the same quarter in 2016. Currently 9.2 percent of all Orlando mortgages are seriously underwater, which mirrors…

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Orlando earns #7 best performing large city

Insert descriptive caption Orlando jumped two spots in 2017 to land in the #7 position on the Milken Institute’s list of best-performing cities nationwide. The 2017 Milken Institute Best-Performing Cities Index ranks U.S. metropolitan areas by how well they are…

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ORRA Housing Market Report – January 2018

View detailed statistical reports Orlando median home price jumps 13 percent in January  Orlando’s median home price continued along its upward trajectory in January while sales held steady with a 0.5 percent increase compared to January of 2017, reports the…

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2017 March Housing Report

REALTOR® Vincent Murphy

Take a look at the latest housing report by RE/MAX. 1. Inventory has been dropping since 2008 The active inventory of homes for sale across the country dropped 17.9 percent year-over-year in February. It’s the 100th consecutive month of year-over-year…

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