<![CDATA[Rick Aguirre's Blog]]><![CDATA[Happy Thanksgiving]]>
]]><![CDATA[Happy Veterans Day!!! Go out and enjoy the festivities and thank a Vet!]]>
]]><![CDATA[2009 First Time Home Buyer Tax Credit Has been EXTENDED!!!]]>
]]><![CDATA[2009 First Time Home Buyer Tax Credit Has been EXTENDED!!!]]><![CDATA[2009 First Time Home Buyer Tax Credit Has been EXTENDED!!! Details]]>
]]><![CDATA[2009 First Time Home Buyer Tax Credit Has been EXTENDED!!!]]>
]]><![CDATA[2009 First Time Home Buyer Tax Credit****Update***Voting Today]]>
]]><![CDATA[Oviedo Florida ( Orlando) Country Charmer]]>
]]><![CDATA[2009 First Time Home Buyer Tax Credit October Countdown]]>
]]><![CDATA[Lake Nona Area Foreclosure]]>
]]><![CDATA[REO/Bank-Owned Home Buying Tips.]]>
]]><![CDATA[Bank Approved Price for quick Close Single Family home]]>
]]><![CDATA[Alafaya Trail and Road " E" Groundbreaking]]>
]]><![CDATA[2009 First Time homebuyers tax credit Update. Time Marches on]]>
]]><![CDATA[Preparing your home for sale ( tips)]]>
]]><![CDATA[August Market Pulse Update for Central Florida ( Orlando)]]>
]]><![CDATA[2009 First Time home buyers tax credit update. The clock is ticking!]]>
]]><![CDATA[Count Down to November 30th 2009]]>
Just a friendly reminder the First Time Home Buyer Tax Credit for 2009 will expire on November 30th 2009.
That leaves us with 113 days!
Remember that we need to allow time for financing around 40-50 days) especially FHA or VA loans.

So to get the $$ you need to CLOSED by November 30th 2009.

Enjoy the rest of the Summer and happy house hunting.
Your Realtor Rick.

www.orlandorealtorrick.com
 ]]><![CDATA[Happy Closing]]>


Here is a Video of a very happy couple closing on their First Home. They are eligible for the First Time home buyers Tax credit too.

]]><![CDATA[Realtor.com Reports a Single Family Home recieves over 2 millions hits]]>

]]><![CDATA[2009 Tax Credit Information]]>
]]><![CDATA[ First Time Home Buyer Credit!]]>Here is a great link to the Source material.
http://www.federalhousingtaxcredit.com/2009/faq.php

]]><![CDATA[Orlando Market Report April 2009]]>

]]><![CDATA[Auctions]]>Having recently hosted an open house for an Auction Property I discovered that ( this was a single family home) that many of the folks coming to preview the home were a bit mislead that this property would be or rather could be purchased at the auction for Pennies on the dollar. While I agree that it could be purchased at a substantial savings this property ( and others like it) will most likely go much higher than they may think.The Home in question is a 3 bed 2 bath in a quiet and rather nice subdivision. It is an REO property ( Bank owned) and is currently listed at great price of 149K. Many felt it could go as low as 50-60k.This property although needing some work is most likely going to go for much more. The auction process is a great way to aquire properties at a great savings but we need to remember that many folks will see this home and the value in it. I would not be surprised it if sold at or more than the listing price.I will certainly keep an eye on this as I am hosting another openhouse for it this weekend. the auction is in mid February. So stay tuned.Remember to keep your goals realistic and yes there are great deals out there now. I wish I had the money as I would be a major player.Rick.
www.orlandorealestatrick.com




]]><![CDATA[IRS Mileage changes for 2009]]>
Just a heads up in case you missed it. Mileage charges are now .55 cent a mile. Thats down from 58.5 cents per mile.
More info here.
http://www.irs.gov/newsroom/article/0,,id=200505,00.html

Have a Great Year
Rick.

http://www.rickaguirrehomes.com
]]><![CDATA[January Market Update]]>HTML Link CTRL + SHIFT + L
]]><![CDATA[Happy holidays]]>

]]><![CDATA[Affordabilty Index Central Florida]]>
]]><![CDATA[Orlando Market Update ( November Market Pulse)]]>
]]><![CDATA[Orlando Zip Code 32828 November review]]>For single family homes that closed between November 1st thru Nov 30th the number is 39. Of those 11 were Bank owned or ( REO's Real Estate Owned). That is 28% of the market sales!

I went back to January to see how this is going to play out and discovered that in January there were only 3 Bank owned single family homes that closed.   The big bump did not occur until May when the numbers jumped to 10 Bank Owned closed vs 45 total closings ( thats 22% for those of you who like math).

The Foreclosure market is building and by that I mean properties that have been foreclosed upon. Short sales that do not close end up Bank owned or auctioned.  Short sale properties take longer time to close than the " Non Distressed" properties and Bank Owned properties. I can see the tide coming in and it has Bank Owned rolling on shore.

Stay tuned for more fun information.

Rick.

www.orlandorealestaterick.com

]]><![CDATA[Happy Thanksgiving]]>
]]><![CDATA[Market update Zip 32828]]>I hope everyone is enjoying this cool weather. Nice to have a change for a bit. I ran some searches for 32828 and found cool stuff.

Bank owned or REO's which is becoming the new market standard for pricing is growing. Last week there were 29 Bank owned single family homes. November 10th


This week November 20th shows 35 Single Family homes! Even more interesting is there are 23 properties that have a Pending Contract! 


What does this all mean? Buyers are Buying and they see the Value in this location and the Proproties.


One for instance is a Huge home in Stoneybrook over 3500 square ft that was priced under 250,000
Understand that this property was completely stripped out but also remember that this last sold for over $500,000


Value
Rick.
]]><![CDATA[Market info 32828 Distressed sales]]>I could not help it. After I published the blog on 32828 I ran another query and this time I wanted to see how many were bank owned.7 out 21 were bank owned. 
Average days on Market is a bit longer at 128 days.
Average listing price to sale price ratio is 97% ( up from 95% for the total list).
Average price $239,185 dollars.

Veddy Veddy Intah-restink!

Thanks for reading.
Rick.

]]><![CDATA[Market Update Zip 32828]]>I was just in the mood to run a few stats and see what is going on my " Hood"
Well here is what I found when a ran a search for  SOLD Single Family homes in 32828.
There are so far 21 Sold listings from Oct 1st 2008 ro Oct 15th 2008. ( I think 1.4 homes per day).
The Average Days on market is 98 days. The average Listing price to Selling price ratio is 95%. The homes are going for about 95% of their asking price ( Not Bad).
The Average price is $ 239,157 dollars.
Granted I did not specify size,ammenities such as pools and lakefront homes and I did not specifiy bedrooms. Just a plain what sold where query.

I hope you enjoyed this.

Rick.

]]><![CDATA[Latest Market Stats from the Left Coast]]>I just came across some very interesting stats. These stats are from California so their relevance to the Central Florida Region is interesting at best...however could be a harbinger of things to come.
Recent numbers from California ( Southland) is that Prices are down ( yes we know that too here in Orlando) and that Sales are up, infact quite substantially they report a 65% increase in closings in the Southland market ( southern Calinfornia) compared to a year ago. 

The other very interesting item reported is that HALF of the market there is now Foreclosures! As the Old comic Artie Johnson used to say on Laughin-in ( an old TV show) Veddy-Veddy Intah restink! Here in Florida we have as many if not more foreclosures than California. about 270,000 the last time I checked. ( only about 40,000 are on the market ( but that is another story).

What does all this mean. Market Shift! Bank owned or REO's are going to increase in our ( Central Florida Market) and the buying opportunities will be.....Veddy,Veddy Intah-restink!

Thanks for Reading.

Rick.

]]><![CDATA[Answering the Question!]]>Answering the question!

Here on Trulia we ( The Real Estate community) have a wonderful tool. We can showcase properties and get our names and faces out to the public. We also have the Blog and a Question and answer Forum.

Regarding the Forum we as Realtors have a duty to answer the questions the home buying or selling public ask. I feel that we should come from a position of contribution. When we get questions about home buying/selling or any other questions regarding Real estate we need to do all we can to help. We have a great opportunity to built rappore and trust with the home buying/selling public.  I have found that as a whole we are doing a great job and if the emails and calls are any indicator we are doing it right.

I find that my peer group of contributing Real Estate professionals is making this site a " Must Read" location for finding quality information.

Rick Aguirre-Realtor
Keller Williams


]]><![CDATA[Central Florida Market Update]]>The affordability index has improved because of the lower prices. The average home price now is about 207,500. Down 3.94% from June 2008 ( 216,000).

Sellers unless you have equity its a tough road to run,Buyers however are in a very good position.

Later,
Rick.]]>