Market Updates Archives | REALTOR® Vincent Murphy

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Market Updates

ORRA Housing Market Report – May 2018

View detailed statistical reports Orlando home prices rise in May as sales and inventory tumble The inventory of homes available for purchase in the Orlando area dropped to its lowest point this year in May, dampening sales at the time…

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Orlando MSA foreclosure starts dip 35 percent in April

All four counties within the Orlando MSA reported year-over-year decreases in foreclosure starts in April, according to ATTOM Data Solutions. Orange County experienced the greatest drop with 46 percent fewer foreclosures compared to April 2017. The Orlando MSA as a…

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ORRA Housing Market Report – April 2018

View detailed statistical reports Orlando home sales and median price both rise in March Orlando’s median home price jumped more than 10 percent in April when compared to April of last year while sales likewise saw an increase of more…

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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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