http://www.condometropolis.com/blog/2009/04/08/orlando-buyer-market-is-over/?utm_source=rss&utm_medium=rss&utm_campaign=orlando-buyer-market-is-over Orlando's Real Estate Pulse... Thu, 02 Feb 2012 16:18:16 +0000 hourly 1 http://wordpress.org/?v=3.2.1 http://www.condometropolis.com/blog/2009/04/08/orlando-buyer-market-is-over/comment-page-1/#comment-2722 Bella Piazza Condos, Davenport | The Orlando Condo Blog Thu, 28 May 2009 14:43:32 +0000 http://www.condometropolis.com/blog/?p=914#comment-2722 [...] purchase prices in the low to mid $100’s. While there are plenty of buyers with cash in the $50K condo conversion arena, there are far fewer with $150K to play [...] [...] purchase prices in the low to mid $100’s. While there are plenty of buyers with cash in the $50K condo conversion arena, there are far fewer with $150K to play [...]

]]> http://www.condometropolis.com/blog/2009/04/08/orlando-buyer-market-is-over/comment-page-1/#comment-2718 Orlando a Hot Market | The Orlando Condo Blog Wed, 27 May 2009 16:10:37 +0000 http://www.condometropolis.com/blog/?p=914#comment-2718 [...] we’ve already written on how the under $50K condo sub-market has become a “seller’s market”, I have to say I’m surprised to [...] [...] we’ve already written on how the under $50K condo sub-market has become a “seller’s market”, I have to say I’m surprised to [...]

]]> http://www.condometropolis.com/blog/2009/04/08/orlando-buyer-market-is-over/comment-page-1/#comment-2704 Lower Priced Orlando Condos Continue Surge | The Orlando Condo Blog Mon, 11 May 2009 21:24:56 +0000 http://www.condometropolis.com/blog/?p=914#comment-2704 [...] Condo Metropolis, this trend is confirmed. In fact, in the under $50K price bracket we now have a seller’s market. I’ve lost two condos this week (and it’s only Tuesday) because we were outbid by other [...] [...] Condo Metropolis, this trend is confirmed. In fact, in the under $50K price bracket we now have a seller’s market. I’ve lost two condos this week (and it’s only Tuesday) because we were outbid by other [...]

]]> http://www.condometropolis.com/blog/2009/04/08/orlando-buyer-market-is-over/comment-page-1/#comment-2693 Marcus Burke Sun, 19 Apr 2009 13:44:21 +0000 http://www.condometropolis.com/blog/?p=914#comment-2693 Yep, Miami has a much more severe issue with condo inventory. This is why I stress so often the importance of understanding individual markets and individual ''bottoms''. There is no national bottom and I guarantee there will be thousands who miss Orlando's bottom due to the crisis in the Miami arena. There is an assumption by some that Florida "is all the same". Thanks for your comments Beachboy. Yep, Miami has a much more severe issue with condo inventory. This is why I stress so often the importance of understanding individual markets and individual ”bottoms”. There is no national bottom and I guarantee there will be thousands who miss Orlando’s bottom due to the crisis in the Miami arena. There is an assumption by some that Florida “is all the same”.
Thanks for your comments Beachboy.

]]> http://www.condometropolis.com/blog/2009/04/08/orlando-buyer-market-is-over/comment-page-1/#comment-2690 beachboy Tue, 14 Apr 2009 16:32:32 +0000 http://www.condometropolis.com/blog/?p=914#comment-2690 Here in the Dade/Broward condo market, the bottom is still years off. There is literally NO financing available for condos, and how many cash buyers are there really? Most here can't afford 10% down, let alone 100%. Even amongst the wealthy, much of their wealth is in the depressed stock/bond markets and they don't want to sell now. And with several years worth of inventory on the market and continually slashed prices, they're in no rush to buy now. Here in the Dade/Broward condo market, the bottom is still years off. There is literally NO financing available for condos, and how many cash buyers are there really? Most here can’t afford 10% down, let alone 100%. Even amongst the wealthy, much of their wealth is in the depressed stock/bond markets and they don’t want to sell now. And with several years worth of inventory on the market and continually slashed prices, they’re in no rush to buy now.

]]> http://www.condometropolis.com/blog/2009/04/08/orlando-buyer-market-is-over/comment-page-1/#comment-2686 Orlando Condo Market Analysis: Feb 2009 | The Orlando Condo Blog Tue, 14 Apr 2009 01:43:42 +0000 http://www.condometropolis.com/blog/?p=914#comment-2686 [...] The sales of condos in the Orlando area have increased by 227.78 percent. A total of 295 condos changed hands in March of this year compared to 90 in March 2008. The most (120) condos in a single price category that changed hands were in the $1 - $50,000 price range, nearly three times the number (44) that were sold in the next most populated category ($50,000 - $60,000), hence this category now being a firm seller’s market. [...] [...] The sales of condos in the Orlando area have increased by 227.78 percent. A total of 295 condos changed hands in March of this year compared to 90 in March 2008. The most (120) condos in a single price category that changed hands were in the $1 – $50,000 price range, nearly three times the number (44) that were sold in the next most populated category ($50,000 – $60,000), hence this category now being a firm seller’s market. [...]

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