Previous ThinkLiveBe articles and updates preserved for reference.
The number of home sales that occurred in May were 44% lower than the same time last year! That is a big drop in sales. But more importantly is the number of pending sales. Although they are down a little from this time last year; they have picked right back up and it is the 2nd highest number of pending sales since last summer! What does this mean?
The number of homes sales declined by 28%. That’s a huge chunk of sales. But the inventory declined too. So even amidst a pandemic, the median sales price went up!
The market has seen some shifting of numbers and interesting things are happening. We will certainly feel the changes caused by the COVID-19 outbreak it’s economic impacts. I think a lot of the world expects the real estate market to crash and, of course, none of us have a crystal ball to know what will happen. All we can do is look at the facts and so far the Orlando market remains strong with equity gains of almost 8% since last year and still low inventory. Things we will continue to watch is number of pending sales. That drastically declined over a 2 week period but seems to be leveling off to some degree.
Our 1st quarter of 2020 ends in just 2 weeks. It is hard to believe how quickly this year is moving! The last few weeks have been filled with fear
We did it! We made it through the first month of the year! And now we can finally see what’s trending in the Orlando real estate market. Let’s get down
It can be a lot to manage as a single agent. And over the years I realized that the team model has much more to love.
I recently saw on a website a note that said “We believe in work/life balance so our offices will be closed this Monday”. The office was closed for national holiday not just a random Monday, but I thought, “wow that must be nice”…
We’ve made it to the middle of January already! How has that happened? Wasn’t it just Christmas? Let’s talk numbers and get to planning! First things first, the number of
December is here and November’s numbers are in! How about enjoying the real estate news with a hot cocoa this time of year?! Compared to this time last year, the market is still looking great! The number of homes sold AND pending sales are up from this time last year. Overall, it’s doing better than expected. The real estate industry has been anticipating a market shift at some point in the near future. But here in Orlando the inventory of homes for sale has just gone down…
Every year as a New Year approaches, people diligently plan out their new year. They go to work to set new goals and resolutions and swear this time they will actually do it! And yet ONLY 8% of people will actually stick to them. We’re here to help. Joining our real estate team can actually help you reach personal and professional goals and here’s how.