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Study: Fla. top state for in-migration from other states

December 17th, 2018 by tisner

Average homeowner gained $12K in equity in 3Q
CHARLOTTE, N.C. – Nov. 5, 2018 – LendingTree’s latest State Migration Study discovered that 12.1 percent of homebuyers across the country plan to change states and most plan to head south – and the largest number prefer Florida. It’s the top destination for residents of 15 out of 50 U.S. states, most of which are located up and down the East Coast.

To do the study, LendingTree reviewed more than 2 million new-purchase mortgage loan requests for primary residences in all 50 states in 2018 through mid-November to find what percentage of all requests were from residents looking to move outside of their current state and where their destination would be. The results details the most popular new locations for homeowners in each state, along with the states with the highest percentage of requests to move to other parts of the country.

Of all purchase mortgage requests during the study’s period, 9.1 percent were for Florida, LendingTree reports. For out-of-state movers, 12.4 percent of requests were for Florida. The Sunshine State has a long history of bringing in visitors and new residents, particularly retirees.

Texas residents love the Lone Star State. Texas had the fewest percentage of residents looking to move out of state – only 6.6 percent – but Florida was also the top destination for the few considering a longer ride in a moving van. Texas was also the top move-to state for residents of six other states.

However, Florida also had fewer residents looking to move away. After Texas, only 8.6% of Michigan residents are considering such a move – but again, their top choice is Florida.

For the 8.9 percent of Florida residents considering an out-of-state move, it won’t be a long drive: 13.8 percent listed their top preferred state as Georgia.

Alaska has the most residents looking to move away – 24.8 percent. The top destination out of Alaska was Washington state.

Most people looking to move out of state don’t want to go far – more than half of them chose a state next door. But if they are looking to move cross-country, chances are it’s to Florida. Of the 20 states where the residents’ most popular new location doesn’t border their current state, 13 were Florida.

States that list Fla. as their No. 1 move-to destination

  1. New York: 21.3% want to move; 21.5% of them prefer Florida
  2. New Jersey: 17.5% want to move; 21.8% of them prefer Florida
  3. Connecticut: 17.3% want to move; 23.9% of them prefer Florida
  4. Vermont: 17.2% want to move; 19.6% of them prefer Florida
  5. Illinois: 14.2% want to move; 14.2% of them prefer Florida
  6. .Maine: 11.3% want to move; 21.0% of them prefer Florida
  7. Wisconsin: 10.6% want to move; 15.6% of them prefer Florida
  8. 8.Kentucky: 10.5% want to move; 15.4% of them prefer Florida
  9. Tennessee: 10.5% want to move; 15.8% of them prefer Florida
  10. Indiana: 10.0% want to move; 15.8% of them prefer Florida
  11. Alabama: 9.3% want to move; 22.4% of them prefer Florida
  12. Georgia: 9.2% want to move; 26.5% of them prefer Florida
  13. Ohio: 9.1% want to move; 20.7% of them prefer Florida
  14. Michigan: 8.6% want to move; 22.0% of them prefer Florida
  15. Texas: 6.6% want to move; 10.1% of them prefer Florida

© 2018 Florida Realtors®

https://www.floridarealtors.org/NewsAndEvents/article.cfm?id=374913

Access Teri’s one-stop Orlando FL home search website.

Teri Isner is the team leader of Orlando Avenue Top Team and has been a Realtor for over 24 years. Teri has distinguished herself as a leader in the Orlando FL real estate market. Teri assists buyers looking for Orlando FL real estate for sale and aggressively markets Orlando FL homes for sale.

You deserve professional real estate service! You obtain the best results with Teri Isner plus you benefit from her marketing skills, experience and ability to network with other REALTORS®. Your job gets done pleasantly and efficiently.  You are able to make important decisions easily with fast, accurate information from Teri. The Orlando Avenue Top Team handles the details and follow-up that are important to the success of your transaction.

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Average homeowner gained $12K in equity in 3Q

December 14th, 2018 by tisner

Average homeowner gained $12K in equity in 3Q

NEW YORK – Dec. 10, 2018 – Homeowners are still finding plenty of equity in their homes, but the gains are slowing. The average homeowner gained $12,400 in home equity between the third quarter of 2017 and the third quarter of 2018, according to CoreLogic’s latest Home Equity Report. However, that’s lower than the more than $16,000 year-over-year gain in equity reported in the second quarter, CoreLogic notes. The report found that homeowners with a mortgage saw their equity rise by 9.4 percent over the past year.

The average Florida homeowner also saw a gain in 3Q 2018, but it lagged the overall U.S. average a bit at $10,000.

“On average, homeowners saw their equity increase again this quarter, but not nearly as much as in previous quarters,” says Frank Nothaft, CoreLogic’s chief economist. “The lower year-over-year gain reflects the slowing in appreciation.”

Still, nearly every state posted an increase in equity among homeowners in the third quarter. Western states saw the most significant increases in the third quarter, according to the report. For example, California homeowners recorded an average gain of about $36,500 in home equity in the third quarter; Nevada homeowners saw a $32,600 uptick.

Source: CoreLogic

© Copyright 2018 INFORMATION INC., Bethesda, MD (301) 215-4688

https://www.floridarealtors.org/NewsAndEvents/article.cfm?id=374968

Maurince Pierre, Realtor 

Access Teri’s one-stop Orlando FL home search website.

Teri Isner is the team leader of Orlando Avenue Top Team and has been a Realtor for over 24 years. Teri has distinguished herself as a leader in the Orlando FL real estate market. Teri assists buyers looking for Orlando FL real estate for sale and aggressively markets Orlando FL homes for sale.

You deserve professional real estate service! You obtain the best results with Teri Isner plus you benefit from her marketing skills, experience and ability to network with other REALTORS®. Your job gets done pleasantly and efficiently.  You are able to make important decisions easily with fast, accurate information from Teri. The Orlando Avenue Top Team handles the details and follow-up that are important to the success of your transaction.

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Windermere Florida Real Estate Market Report for November 2018

December 13th, 2018 by tisner

The Windermere Real Estate Market Trends Report shows the average sales price was $615,101 in November 2018 compared to $510,748 in November 2017. Homes were on the market for an average of 63 days, down from 67 days last year. Homes sold for 96% of the list price.

Windermere Florida Real Estate Market Report for November 2018

Access Teri’s one-stop Orlando FL home search website.

Teri Isner is the team leader of Orlando Avenue Top Team and has been a Realtor for over 24 years. Teri has distinguished herself as a leader in the Orlando FL real estate market. Teri assists buyers looking for Orlando FL real estate for sale and aggressively markets Orlando FL homes for sale.

You deserve professional real estate service! You obtain the best results with Teri Isner plus you benefit from her marketing skills, experience and ability to network with other REALTORS®. Your job gets done pleasantly and efficiently.  You are able to make important decisions easily with fast, accurate information from Teri. The Orlando Avenue Top Team handles the details and follow-up that are important to the success of your transaction.

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Kissimmee Florida Real Estate Market Report for November 2018

December 13th, 2018 by tisner

The Kissimmee Real Estate Market Trends Report for 34741 shows 42 homes sold in November 2018 up from 41 in November 2017. The average sales price was $197,920 compared to $203,963 in November 2017 and homes were on the market an average of 42 days, equal to 42 days in November 2017.

Kissimmee Florida Real Estate Market Report for November 2018

Access Teri’s one-stop Orlando FL home search website.

Teri Isner is the team leader of Orlando Avenue Top Team and has been a Realtor for over 24 years. Teri has distinguished herself as a leader in the Orlando FL real estate market. Teri assists buyers looking for Orlando FL real estate for sale and aggressively markets Orlando FL homes for sale.

You deserve professional real estate service! You obtain the best results with Teri Isner plus you benefit from her marketing skills, experience and ability to network with other REALTORS®. Your job gets done pleasantly and efficiently.  You are able to make important decisions easily with fast, accurate information from Teri. The Orlando Avenue Top Team handles the details and follow-up that are important to the success of your transaction.

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Celebration Florida Real Estate Market Report for November 2018

December 13th, 2018 by tisner

The Celebration Real Estate Market Trends Report for 34747 shows 127 homes sold in November 2018 compared to 104 in November 2017. The average sales price was $311,253 compared to $370,645 in November 2017 and homes were on the market an average of 77 days, compared to 123 days in November 2017.

Celebration Florida Real Estate Market Report for November 2018

Access Teri’s one-stop Orlando FL home search website.

Teri Isner is the team leader of Orlando Avenue Top Team and has been a Realtor for over 24 years. Teri has distinguished herself as a leader in the Orlando FL real estate market. Teri assists buyers looking for Orlando FL real estate for sale and aggressively markets Orlando FL homes for sale.

You deserve professional real estate service! You obtain the best results with Teri Isner plus you benefit from her marketing skills, experience and ability to network with other REALTORS®. Your job gets done pleasantly and efficiently.  You are able to make important decisions easily with fast, accurate information from Teri. The Orlando Avenue Top Team handles the details and follow-up that are important to the success of your transaction.

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Windermere Florida Real Estate Market Report for September 2018

October 11th, 2018 by tisner

The Windermere Real Estate Market Trends Report shows the average sales price was $559,641 in September 2018 compared to $576,725 in September 2017. Homes were on the market for an average of 53 days, down from 77 days last year. Homes sold for 97% of the list price.

Windermere Florida Real Estate Market Report for September 2018

Access Teri’s one-stop Orlando FL home search website.

Teri Isner is the team leader of Orlando Avenue Top Team and has been a Realtor for over 24 years. Teri has distinguished herself as a leader in the Orlando FL real estate market. Teri assists buyers looking for Orlando FL real estate for sale and aggressively markets Orlando FL homes for sale.

You deserve professional real estate service! You obtain the best results with Teri Isner plus you benefit from her marketing skills, experience and ability to network with other REALTORS®. Your job gets done pleasantly and efficiently.  You are able to make important decisions easily with fast, accurate information from Teri. The Orlando Avenue Top Team handles the details and follow-up that are important to the success of your transaction.

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Kissimmee Florida Real Estate Market Report for September 2018

October 11th, 2018 by tisner

The Kissimmee Real Estate Market Trends Report for 34741 shows 30 homes sold in September 2018 down from 35 in September 2017. The average sales price was $201,242 compared to $164,500 in September 2017 and homes were on the market an average of 35 days, down from 36 days in September 2017.

Kissimmee Florida Real Estate Market Report for September 2018

Access Teri’s one-stop Orlando FL home search website.

Teri Isner is the team leader of Orlando Avenue Top Team and has been a Realtor for over 24 years. Teri has distinguished herself as a leader in the Orlando FL real estate market. Teri assists buyers looking for Orlando FL real estate for sale and aggressively markets Orlando FL homes for sale.

You deserve professional real estate service! You obtain the best results with Teri Isner plus you benefit from her marketing skills, experience and ability to network with other REALTORS®. Your job gets done pleasantly and efficiently.  You are able to make important decisions easily with fast, accurate information from Teri. The Orlando Avenue Top Team handles the details and follow-up that are important to the success of your transaction.

Get Orlando Daily News delivered to your inbox! Subscribe here!

Celebration Florida Real Estate Market Report for September 2018

October 11th, 2018 by tisner

The Celebration Real Estate Market Trends Report for 34747 shows 125 homes sold in September 2018 compared to 99 in September 2017. The average sales price was $304,919 compared to $289,860 in September 2017 and homes were on the market an average of 79 days, compared to 101 days in September 2017.

Celebration Florida Real Estate Market Report for September 2018

Access Teri’s one-stop Orlando FL home search website.

Teri Isner is the team leader of Orlando Avenue Top Team and has been a Realtor for over 24 years. Teri has distinguished herself as a leader in the Orlando FL real estate market. Teri assists buyers looking for Orlando FL real estate for sale and aggressively markets Orlando FL homes for sale.

You deserve professional real estate service! You obtain the best results with Teri Isner plus you benefit from her marketing skills, experience and ability to network with other REALTORS®. Your job gets done pleasantly and efficiently.  You are able to make important decisions easily with fast, accurate information from Teri. The Orlando Avenue Top Team handles the details and follow-up that are important to the success of your transaction.

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Real Estate Disclosures and You

October 2nd, 2018 by tisner

Real Estate Disclosures and You

Zillow.com defines the term disclosure as “…the buyer’s opportunity to learn as much as they can about the property and the seller’s experience in it.”  In most states, this simply means that the seller must let the buyer know about problems that they are aware of.  Whether you’re selling or buying a house, disclosing issues with the house is an extremely important part of the process.  

What Disclosure Means for the Seller 

  • Your listing agent will provide a form for you to fill out, answering questions with either yes, no or I don’t know about different aspects of the house.  This form should be filled out truthfully and to the best of your knowledge. 
  • Items that most states ask you to disclose to the buyer:  lead paint or asbestos, previous repairs or additions, mold or water damage, pest issues, drainage problems, foundation cracks, problems with HVAC and other appliances, and if the roof is leaky. 
  • If you think there might be a problem, say possible mold in the crawlspace, have an inspector come and have a look.  It’s better to be safe than sorry here. 
  • While you’re going over the disclosure form, if you’re not sure if you should report something, report it anyway.  It’s best to err on the side of caution. 
  • Have the disclosure ready before you’ve accepted an offer for your own protection. 
  • Your listing agent will be aware of all government disclosure requirements–federal, state, and local–so be prepared to report all that these laws ask of you. 

Disclosure and the Buyer 

  • Once you receive the disclosure statement, go over it carefully and ask questions if you’re not sure about anything listed, because you must sign the disclosure. 
  • The extra expense of having an official inspection done on the house is vital to this part of the sale.  Have the disclosure form information with you when you meet the inspector at the house, so you can go over the problem places with a pro. 
  • In the case of any additions to the home, check the local government building permit and zoning information to make sure the addition was done the legal way by licensed people. 
  • If you have any issues with the seller’s answers on the disclosure statement, and don’t want to make the repairs, and can’t come to an agreement with the seller, it may be best to walk away and look for another house. 
  • Once you are satisfied with the disclosure and have the peace of mind that the sale should go through, sign off on the disclosure. 

A disclosure should be a seller’s protection plan, and smart sellers will be completely honest, and maybe even over-disclose.  Also, be aware that some states even ask sellers to disclose things like traffic noise, and even paranormal activity!  Your Realtor will know everything you need to provide to buyers, so the sale of your home goes smoothly.

Access Teri’s one-stop Orlando FL home search website.

Teri Isner is the team leader of Orlando Avenue Top Team and has been a Realtor for over 24 years. Teri has distinguished herself as a leader in the Orlando FL real estate market. Teri assists buyers looking for Orlando FL real estate for sale and aggressively markets Orlando FL homes for sale.

You deserve professional real estate service! You obtain the best results with Teri Isner plus you benefit from her marketing skills, experience and ability to network with other REALTORS®. Your job gets done pleasantly and efficiently.  You are able to make important decisions easily with fast, accurate information from Teri. The Orlando Avenue Top Team handles the details and follow-up that are important to the success of your transaction.

Get Orlando Daily News delivered to your inbox! Subscribe here!

Photo credit: Nestiny.com

Kissimmee Florida Real Estate Market Report for May 2018

June 14th, 2018 by tisner

The Kissimmee Real Estate Market Trends Report for 34741 shows 63 homes sold in May 2018 down from 65 in May 2017. The average sales price was $168,552 compared to $183,713 in May 2017 and homes were on the market an average of 33 days, down from 61 days in May 2017.

Kissimmee Florida Real Estate Market Report for May 2018

Access Teri’s one-stop Orlando FL home search website.

Teri Isner is the team leader of Orlando Avenue Top Team and has been a Realtor for over 24 years. Teri has distinguished herself as a leader in the Orlando FL real estate market. Teri assists buyers looking for Orlando FL real estate for sale and aggressively markets Orlando FL homes for sale.

You deserve professional real estate service! You obtain the best results with Teri Isner plus you benefit from her marketing skills, experience and ability to network with other REALTORS®. Your job gets done pleasantly and efficiently. You are able to make important decisions easily with fast, accurate information from Teri. The Orlando Avenue Top Team handles the details and follow-up that are important to the success of your transaction.

Get Orlando Daily News delivered to your inbox! Subscribe here!

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