The News from Coldwell Banker Ackley...

January 16th, 2014 | WMFE -By: Nicole Creston     A new report says metro Orlando's median home prices jumped 24 percent in 2013. The last time home prices made such a large leap was in 2005, before the Great Recession. But another newly released report focuses on foreclosure...and highlights Orlando's long road to real estate recovery.   The report from the Orlando Regional Realtor Association shows metro Orlando’s median home prices finishing the year at $149,625. That’s compared to a ... read more

All-Cash Home Sales Still Big In Orlando

November Data Ranks Orlando As #1 For Cash Transactions
Posted by David Lopez, CBR on December 20, 2013 in  2013  Coldwell Banker Ackley Realty  Home Sales  Market Trends  Orlando  Orlando Business Journal  Trends
    According to RealtyTrac, Orlando is still the top market for all-cash home sales. Matthew Richardson Reporter- Orlando Business Journal Email  | Twitter  | Google+ Orlando and Tampa are still kings when it comes to all-cash homes sales.   A new RealtyTrac report shows Orlando and Tampa were the country’s top metro are... read more

Home Prices Swing Back In Areas Hit Hard By Foreclosures

Maitland, Pine Hills, Oviedo among communities with biggest gains this year
Posted by David Lopez, CBR on December 09, 2013 in  2013  Central Florida  Foreclosure  Home Prices  Home Sales  Orlando  Orlando Sentinel
  December 7, 2013|By Mary Shanklin, Orlando Sentinel     In one of the hottest years on record for Orlando-area home prices, an unlikely mix of communities — Maitland, Pine Hills, Oviedo and Bithlo — has had the biggest gains.   Those areas had been saturated with foreclosures and short sales that depressed prices. Now that many of the distressed properties have been sold, prices are swinging back.   "The ones that did the best were the ones that had been... read more

NAR Chief Economist Reveals 2014 Predictions

Market Recovery Expected to Continue!
Posted by David Lopez, CBR on November 13, 2013 in  2013  Coldwell Banker Ackley Realty  Economics  Home Prices  Home Sales  Market Trends
NAR Chief Economist Reveals 2014 Predictions   11/11/2013 By: Tory Barringer   Speaking at the 2013 Realtors Conference & Expo Friday, National Association of Realtors (NAR) chief economist Lawrence Yun predicted steadiness in existing-home sales over the next year as prices continue to ascend.     Looking over the past year, Yun said he expects existing-home sales to be up about 10 percent in 2013 to 5.13 million. Sales in 2014 are expected to hold fairly even at about 5.12 mil... read more
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