I’ve just brought this wonderful Hunters Creek Condo to market near the Loop at Hunters Creek. Walking distance to shopping, restaurants and entertainment. This 2 bedroom 2 bath condominium has been upgraded with Brazilian Wood floors, Granite Countertops and Stainless appliances. Won’t last long at this price! Call to make showing arrangements now: (321) 289-8787 Chris Wilson! Click the link here to see full details: “Full Details”
Posts Tagged ‘Stirling Sothebys’
quarter than they did earlier in the year as nonperforming loans continue to
More than 25,300 repossessed homes held by Freddie Mac sold in the third
quarter, down 13.5% from the nearly 30,000 in the previous three months. It was
also a 17% decline from the record-setting 31,600 sold in the first quarter.
At the same time Freddie unloaded the 25,300 REO, it repossessed another
24,300 homes back into the inventory. At the end of the quarter, Freddie held
60,000 REO on its books, which has been trimmed — as new foreclosures are
completed — from 75,000 one year ago.
If the current trend holds, and the GSE reduces a net 1,000 REO from its
inventory every quarter, it would take 60 quarters to unload its entire
inventory — roughly 15 years. (Click Image above for full story)
Unbelievable Developer Benefits. Contact me to learn more. Chris Wilson (321) 289-8787
Many clients who are thinking of selling are holding out for signs of good news believing this will assist with price valuation. I would like you to consider these circumstances:
Shadow Inventory-Bank owned property which has been foreclosed however not yet on the market/ Average Days On Market-This number has recently increased from 164 to 168/ Global Economy-Slower growth and some believe may incur another recession/ Deficit Spending/ Unemployment/ European Debt Crisis/ Chinese Economy- It’s stock market is hitting all time lows and many feel a bubble is waiting to happen
I point these items out because many have put their quality of life on hold waiting for things to turn around and hopefully sell for a higher price. Now based on the factors above, it could take years to achieve the price level you as a seller are seeking.
So, the biggest question every potential seller should ask themselves is “If I were to Sell my property today, what would that mean to me”. I’m quite positive the answer to that question would far outweigh any financial benefits to a higher sales price.
Sothebys Hong Kong Art Auction Autumn sale to be held Oct. 3rd and will showcase over 140 lots estimated at over $24 million. Click on the photo for details.
Everything you wanted to know about how the local market performed last week. Short Sales & REO’s are still a huge factor in the marketplace. Purchasing bank owned or short sale properties can be a great way to enhance your return on equity in the future. As we filter through these properties, prices have been stabilizing and inventory decreasing.
Click here to view full report: Monday Market Pulse
Here is Central Florida, it’s imperative to align yourself with a Truly Global Brand in Real Estate. Sotheby’s International Realty currently has the President’s Martha’s Vineyard Vacation home listed for sale at $24.5 million. The estate has also played host to former President Clinton for a dinner party. Over 30% of all Central Florida buyers were foreign buyers which means that it’s vitally important to align yourself with a company which knows how to market and reach potential buyers from around the world. Sotheby’s International Realty has over 500 offices in 42 countries around the world. Don’t hesitate to reach me now in order to discuss buying or selling any Real Estate in Central Florida. Click the photo to the left for the full story on President Obama’s vacation property.
Be one of the select few from around the World to live in a Truly Magical address located between Magic Kingdom & Epcot on Disney grounds. Enjoy all the luxurious amenities offered by the Four Seasons Resort located right in your neighborhood. Spend time with family golfing, swimming, playing tennis or take your own private shuttle to the parks. Treat the entire family to the Fireworks of Disney every night. Create a legacy for not only yourself but your entire family & future generations will be able to Make Memories with. There has never been an opportunity to custom build your own private residence on Disney grounds. Don’t hesitate to reach me now in order to discuss the process further. Click on the logo to the left for additional information on the Truly Magical Golden Oak.
Golden Oak Video: “ View Now“
There are 2 types of loans which will cost more money to access beginning October 1st. The maximum amount for Conventional financing will decrease to $417k which means any amount above this will now fall into Jumbo status which means Higher Interest rates. Another type of loan which will be decreasing in terms of its limits is the FHA loan. FHA loans typically allow a consumer to purchase property with less money down at closing.
Contact me now to lock in the best loan package & rate before it begins to cost more money for the same property. Click FL Realtors Logo for more information on loan limits.