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Possible Rent Relief Coming for 3 Fla. Cities

August 25th, 2022 by tisner


Miami is slated to get almost 20K new apartments this year as multifamily construction cranks up. Also on the top 20 list for newly built units: Orlando and Tampa.

NEW YORK – According to RentCafe, U.S. apartment construction is at a 50-year high, and new units debuting this year may offer some relief to tenants struggling to find a place to live.

The listing service estimates that 420,000 apartments should be delivered nationwide this year, with a construction explosion particularly notable in Southern cities like Dallas and Miami, where many Americans migrated during the pandemic.

In Florida, Miami, Orlando and Tampa made RentCafe’s top 20 list for new apartment units expected to debut this year. Half of the top 20 metropolitan areas ranked by construction should reach five-year highs in apartment deliveries this year.

Total new apartments debuting this year

  1. New York: 28,153
  2. Dallas: 23, 571
  3. Miami: 19,125
  4. Austin, Texas: 18, 288
  5. Houston: 17,759
  6. Phoenix: 15,988
  7. Seattle: 15,341
  8. Atlanta: 12, 838
  9. Washington, D.C.: 12,176
  10. Los Angeles: 11,536
  11. Orlando: 11,388
  12. Denver: 10,570
  13. Nashville: 9,620
  14. Raleigh, N.C.: 9,104
  15. Charlotte: 8,732
  16. Chicago: 8,573
  17. Portland, Oregon: 8,476
  18. San Francisco: 7,399
  19. Minneapolis-St. Paul: 6,266
  20. Tampa: 6,092

The pandemic exacerbated the nation’s housing inventory due to labor shortages and supply-chain disruptions, but RentCafe says apartment developers were generally able to ramp up the pace of construction in the past 18 months or so.

“The construction industry is finally returning to pre-pandemic levels of activity but is still being hampered by three familiar challenges: labor shortages, material costs and availability, and supply chain issues,” says Doug Ressler at Yardi Matrix.

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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Source: https://www.floridarealtors.org/news-media/news-articles/2022/08/possible-rent-relief-coming-3-fla-cities?utm_campaign=8-24-22+Florida+Realtors+News&utm_source=iPost&utm_medium=email

Making Changes? Check Your Homeowners Policy

August 23rd, 2022 by tisner

Renovating your home is no small investment. Making structural changes can require changes in your home’s insurance policy as well. Check out this list of the most popular improvements before calling your agent: 

  • A new roof could lower your premium, especially when upgraded to the latest standards of protecting your home from natural disasters. 
  • Whenever you increase square footage by way of a home addition, your policy will need to be upgraded, increasing your premium. 
  • Converting already-existing space into a master suite or a media room may not require changes to the policy if the square footage is already covered, but since the replacement value has changed, it would be wise to increase your coverage. 
  • When making upgrades to your home, whether using top-quality building materials for a renovation or finishes or installing state-of-the-art appliances in the kitchen, increasing your policy’s replacement value for these items would be worth the additional amount in the premium. 
  • Improving home systems, i.e., the electrical or plumbing, can lower your premiums, as upgrades can make your home safer from incidents relating to fire and leaking pipes. 
  • Installing a pool or hot tub in your backyard will add to the replacement value of your home, and liability coverage will need to be increased to protect yourself in case of any accidents. 
  • According to Safewise, adding a home security system could lower your homeowner’s premium by 20%.   
  • Depending on how they are mounted, adding solar panels may require a policy of their own, which would add to your budget.  

Protecting your home should be top priority, but it is wise to be prepared for anything that will add to your monthly budget. Schedule a meeting with your insurance agent before beginning any changes in your home so there will be no surprises when your payments increase. 

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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Photo credit: universal property 

Orlando State of the Market July 2022

August 18th, 2022 by tisner

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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By: www.orlandorealtors.org

A New Homeowner’s First To-Do List

August 17th, 2022 by tisner


Your new home’s closing is imminent, and the excitement of moving is mounting! Besides connecting utilities and updating your address, some things should be done at the new house as soon as possible. Follow these guidelines so nothing will be forgotten:
 

  • All of the entryway locks and/or keypad codes should be changed. Get a security system set up, and if there is one in place, reset it to default settings and customize it to your needs. 
  • If you are a family with small children, have safety measures in place before everyone goes into the house.  
  • Deep clean the new house, even if it looks clean. Save money by doing this yourself, or have a professional take care of this before move-in. 
  • With a copy of the home inspection in hand, walk through the house and check for minor things that did not require repair by the seller. Have those minor things taken care of before they become major (and costly) things. 
  • Painting, removing textured ceilings, and other small improvement jobs will be completed faster if done before all your belongings are in place.  
  • Turn on all the appliances, familiarize yourself with the breaker panel, and locate the shut-off valves for utilities. 
  • Measure windows and purchase blinds or shades if window treatments were not included in the sale. 
  • Get to know your neighbors! Once you have moved in, introduce yourself by hosting a “front porch social” with simple snacks. Hang a banner or place a sign in the front yard asking them to stop by and say “hello.” 

As a homeowner, your to-do list is rarely going to be finished. While many tasks can wait until after settling in, others cannot. Taking care of these “little” things upon move-in will cement the “homeowner” feeling and start you on the road to pride in your home and protection of your investment. 

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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Hot Housing Market Keeps Foreclosures at Bay

August 11th, 2022 by tisner

Homeowners who have hit hard times face foreclosure, but most now also have lots of equity and they’re selling rather than going into foreclosure.

NEW YORK – The hot housing market keeps many delinquent mortgage borrowers from being foreclosed, with their home values often exceeding their mortgage principal. As a result, strong home prices and tight inventory frequently give homeowners the option to sell before facing foreclosure. In addition, federal forbearance programs and other safeguards offer them some breathing room.

Although foreclosure starts have risen since the moratorium ended last July, the current number is still roughly half of what it was for the same period in 2019 and about a tenth of the peak during the 2007-09 recession, according to ATTOM Data Solutions.

The S&P CoreLogic Case-Shiller National Home Price Index estimated that single-family home prices in major metros climbed around 33% in the two years ended February; price drivers included urban renters moving to buy more spacious suburban homes, long-term government stimulus, and a rapid economic rebound following COVID-19 lockdowns.

The National Association of Realtors (NAR) forecasts a 9% annual decline in housing demand, although home prices are unlikely to fall due to limited housing supply caused by labor shortages and limitation of buildable lots.

ATTOM’s Rick Sharga noted the pandemic-fueled job losses disproportionately impacted younger, lower-wage non-homeowners, while the persistence of elevated inflation means lower-income mortgage borrowers with little financial buffers could face a higher risk of default.

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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Source: Wall Street Journal (06/19/22) Matsuda, Akiko
https://www.floridarealtors.org/

Buying a Home After Financial Setbacks

August 9th, 2022 by tisner


Filing bankruptcy or losing your home to foreclosure does not mean the end of the road for financial success afterwards.  It can be scary to even think about buying another house, but it is not impossible! Check out these tips to help you back on your way to homeownership:
 

  • Probably the most important thing to do is to pay all of your bills on time and in full. This will get your credit score climbing back up to a number that will look good to lenders. 
  • The bankruptcy process begins and ends with required financial courses.  Ask for a fee waiver so the added costs are not a burden. 
  • If your last home went into foreclosure, there are waiting periods for applying for a mortgage: three years for FHA loans, seven years for Fannie Mae/Freddie Mac loans, two years for Veterans Affairs loans, three years for USDA loans, and other lenders have different waiting periods. 
  • The homebuying process is different for those above-mentioned agencies when it comes to past bankruptcy. It simply depends on the type of bankruptcy filed. 
  • Going through a short sale may be a different situation, but this process has a waiting period as well. The average wait time to apply for a mortgage is two to seven years. 
  • Some financial institutions may ask for an explanation–in writing–about the situation that led to the foreclosure or short sale, as well as what you learned during the process.   
  • Extenuating circumstances, such as a major illness or job loss, can make a difference in how long you have to wait to apply for a mortgage.  Be prepared with any paperwork that shows your loss of income or increase of debt. 

When you are ready to start house-hunting, find a RealtorⓇ that is experienced with assisting those who have experienced financial hardship and lost a home in the past.  They have a wealth of knowledge to help you every step of the way on the path to a fresh start! 

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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Photo credit: Dreamstime

U.S. Housing Market Collapse? Nowhere in Sight

August 4th, 2022 by tisner


The housing market has taken a few hits, such as a doubling of mortgage rates in 2022, but it remains solid even if legitimate news providers suggest doom and gloom.

NEW YORK – The rock-hard foundation of the U.S. housing market is suffering some cracks, but an outright collapse is nowhere in sight.

Regardless, sensational news headlines are reverberating like seismic tremors around the country. Here are recent inflammatory headlines from legitimate websites:

  • “U.S. home prices are about to tumble as demand for new houses ‘craters,’ an economist warns.” (BusinessInsider)
  • “Homebuilder confidence suffers near-record plunge” (Newsweek)
  • “Scary times: builders are slashing home prices and slowing construction as buyers pull back, survey shows” (MarketWatch)
  • “The housing market is entering the ‘most significant contraction in activity since 2006,’ says Freddie Mac economist” (Fortune)

Gloomy reports like these can be enough to make builders halt building. Or to prompt homebuyers to delay buying. Or to discourage mortgage brokers from lending.

In an unintentional collaboration, depressing news can have a chilling effect on the housing market. They create a negative tone.

In recent years, however, the real estate market has been resilient, through the ups and downs of the U.S. economy, through pandemics. On a national level, home prices soared 40% over the past two years, according to the Case-Shiller Price Index.

These price increases have been even bigger in Northeast Florida. And even more so in trendy places like Amelia Island, where a hearty demand outstrips a limited supply of houses and condominiums and raw land.

A new complication has clouded the housing picture in recent months, however. It’s the almighty Fed.

With its eye on cooling down inflationary prices, the Federal Reserve has embarked on a campaign of interest rate hikes. Therefore, borrowing costs have inevitably increased for homebuyers.

Meanwhile, the U.S. economy is sputtering, bordering on the brink of a mild recession. Inflation rages at the hottest pace in 40 years. However, employment is still healthy – contrary to most recessions. So there are mixed economic signals.

With U.S. stocks dipping into bear market territory, the economic backdrop for real estate has ultimately darkened. Homebuilding stocks have also cratered – a leading indicator of what potentially lies ahead.

“The market is adjusting to a new reality, with much lower sales volumes and far more inventory,” says Ian Shepherdson, chief economist at Pantheon Macro. “Prices, therefore, have to adjust to the downside, likely quite substantially.”

With Federal Reserve’s recent moves, mortgage rates have doubled from previous levels. As expected, mortgage applications have dropped off a cliff – to the lowest level since 2000.

The same level of decline has been seen in homebuilder confidence. A measure of this confidence dropped precipitously in July. Consequently, prices of new homes should follow a similar downward path, although the trajectory is the question.

The number of home listings remains low nationally. However, new listings increased at the fastest pace in five years, according to Realtor.com. And listing prices are being reduced in some red-hot markets (Austin, Las Vegas, Nashville).

But all these measures and statistics and sensational headlines must be put into context. Home prices are still near record levels, in most places. Here in Nassau County, prices are still at record levels, especially around Amelia Island.

Cracks in a foundation will usually spread over time. And only time will tell how the housing market endures, through the obstacles and challenges.

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!

By: www.floridarealtors.org and Steve Nicklas

7 Easy and Affordable Home Improvements

August 2nd, 2022 by tisner


It is not necessary to completely overhaul every bathroom in your home, remodel the kitchen, or put down new flooring to give your tired home a boost. Small, affordable improvements can get big results.
 

  • Decluttering every space in your home is probably the first place to start.  Getting organized is one of the best and simplest ways to improve your home’s look. Selling items on social media marketplaces or having a yard sale will also put money in your pockets for an added benefit! 
  • A quick and easy fix-up for your interior is paint! Not only is it inexpensive, but it is also an easy DIY when you tackle one room per weekend. 
  • After painting, why not add some crown molding? Purchase plaster-coated foam molding that can be cut with a handsaw and put into place with joint compound. 
  • Spruce up your mudroom, kitchen, or bathroom floors with self-stick tiles. This type of vinyl flooring comes in many styles and colors, and you can create a pattern for some added style. 
  • Simple kitchen updates can make a big difference:  a countertop makeover, new hardware for cabinets and drawer pulls, peel-and-stick backsplash installation, or new paint on the cabinetry. 
  • While costing a bit more, if your bathroom needs a boost, ready-made sink cabinetry,  prefab tub/shower kits, or tub refinishing kits can be purchased at a local home store or online for thousands less than hiring a pro.  
  • If a total exterior paint job is not in the budget, give the house a thorough pressure-washing and paint the shutters and front door. Brightening the landscaping with fresh mulch and seasonal annuals in containers are other dollar-saving ways to give the outside an update. 

Homeownership can be expensive, but your desire to make updates do not have to be.  If you are thinking of putting your house on the market soon, even the smallest improvements can make your home “show” better and sell faster.  Add some sweat equity, follow directions exactly, and many jobs can be done on your own.  Either way, you will benefit from the fresh, new look! 

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: HomeDepot

Tips for Shading Your Oasis

July 28th, 2022 by tisner


It sometimes takes a lot of work to get your landscaping just the way that you want it, but it’s worth it when you get to sit down and enjoy your hard work. The only problem is that sometimes it’s just too hot to spend much time out enjoying! This is especially problematic if your landscaping contains a lot of flowers that bloom during the summer months, since the cooler spring and fall won’t give you the same sort of satisfaction in your garden.

There are ways to make the heat more bearable, of course. A little bit of shade and a nice breeze can go a long way toward turning your landscaping or garden into a welcoming oasis for you to relax in. While there are a number of ways you can accomplish this, here are a few ideas if you find yourself unsure of where to start.

Have It Made in the Shade

One of the easiest ways to produce shade in your garden or other outdoor area is to plant trees. Not just any tree will do, though. You’ll want something that grows straight and produces a nice wide canopy, like hybrid poplars, Nuttall oak, paper birch, or red maple. There may be other options available based on your location as well, and your preference will depend on both the look that you’re going for and the size of your yard. Whichever option you pick, though, many of these trees grow fast and produce a significant amount of shade once mature.

Trees aren’t your only option for shade, either. Canopies, archways, and other structures can be adorned with ivy or other vine plants to create shade exactly where you want it. As these plants grow and spread out you can shape them and cover a larger area as needed. Once you’ve achieved the amount of shade that you want, trimming back the vines will keep them healthy and covering the areas you want shaded.

The Wind Can Be Your Friend

Shade isn’t the only thing that you’ll need to make sure that you’ve got an enjoyable outdoor area that’s not overcome by summer heat. Breezes need to be able to move the air within the shade or you’re still going to end up with hot still air. Designing your landscaping to accommodate breezes and not blocking them with lines of trees or other closely grouped plants or structures will go a long way toward keeping things cool. Depending on how you lay things out, your landscaping design can even help to direct breezes into the shade.

Another consideration to keep in mind is fencing around your property. Privacy fences and similar fence structures can be both useful and stylish, but a tall privacy fence also blocks all the wind. If you’ve got solid fences all the way around your property, you’re cutting off any breezes that might cool things down. Make sure that you don’t overdo it with fences or walls to keep air flowing and your outdoors livable.

Optimizing Your Oasis

Whether you’re still planning your outdoor oasis or considering changes, HomeKeepr is here to help you find the landscapers, contractors, and other pros that you need to make it into a dream come true. Want to add some shade plants? There are pros to help with that. Want a fountain to add a bit of water to break up the heat? There are pros to help with that too. You can even find professionals who can help you decide exactly what you need to do to create a shaded oasis if the options seem overwhelming.

Best of all, creating a HomeKeepr account is free. Sign up today to gain access to our app and connect with the pros you need in your area to get the job done without breaking the bank. The sooner you do, the sooner you’ll be able to enjoy your outdoor landscaping without having to worry about being overcome by the heat.

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!

By: Homekeepr, Rob Morelli

Orlando State of the Market June 2022

July 21st, 2022 by tisner

Orlando Area Residential Real Estate Snapshot for June 2022

State of the Market

  • Inventory increased by 41.2% from May 2022 to June 2022, with 1,586 more homes on the market in June compared to May. This is the second month in a row with a surge in inventory, following May’s increase of 44.2%.
  • Inventory increased by 75.5% from June 2021 to June 2022, jumping from 3,098 homes in June 2021 to 5,437 in June 2022.
  • June’s median home price was recorded at $387,000, an increase of 1.9% compared to May 2022; this sets a record high for the fifth month in a row. This is a 22.9% increase from June 2021 to June 2022, when the median home price was recorded at $315,000 in June 2021.
  • Interest rates increased from 5.3% in May 2022 to 5.5% in June 2022. This is the highest interest rates in the Orlando area have been since November 2008.
  • Overall sales in June 2022 decreased by 3.9%, with a total of 3,793 sales compared to 3,946 sales in May 2022. This is a 14.1% decrease compared to June 2021 when overall sales were recorded at 4,414.
  • Homes spent an average of 20 days on the market in June, down slightly from May 2022 when the average was 21 days.
  • New listings increased by 11.3% from May 2022 to June 2022, with a total of 5,367 new homes on the market in June.
  • “A balanced housing market has a six-month supply of homes,” said Tansey Soderstrom, Orlando Regional REALTOR® Association President. “In June, with rising interest rates and surging inventory, we had over a one-month supply of homes for sale for the first time since February 2021. While it’s still a sellers’ market, we’re continuing to see signs that the market is starting to level out, which is good news for buyers.”

Market Snapshot

  • Interest rates continue to increase as the average interest rate for June 2022 was recorded at 5.5%. This is an 87.5% increase from June 2021 when interest rates were at 2.9%.
  • Pending sales decreased by 8.9% from May 2022 to June 2022 for a total of 4,231 pending sales.
  • 23 distressed homes (bank-owned properties and short sales) accounted for 0.6% of all home sales in June 2022. That represents a 4.2% decrease from May 2022, when 24 distressed homes sold.

Inventory

  • Orlando area inventory increased by 41.2% from May 2022 to June 2022 from 3,851 homes to 5,437 homes. Inventory in June 2022 was 75.5% higher than in June 2021.
  • The supply of homes increased to 1.43 months in June 2022. This is the first time the supply has been over one month since February 2021. A balanced market is six months of supply.
  • The number of new listings increased in June 2022 from May 2022 by 11.3% to 5,367 homes.

 

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!

 

This representation is based in whole or in part on data supplied by the Orlando Regional REALTOR® Association and the Stellar Multiple Listing Service. Neither the association nor StellarMLS guarantees or is in any way responsible for its accuracy. Data maintained by the association or by StellarMLS does not reflect all real estate activity in the market. Due to late closings, an adjustment is necessary to record those closings posted after our reporting date.

ORRA REALTOR® sales represent sales involving Orlando Regional REALTOR® Association members, who are primarily – but not exclusively – located in Orange and Seminole counties. Note that statistics released each month of be revised in the future as new data is received.

Orlando MSA numbers reflect sales of homes located in Orange, Seminole, Osceola, and Lake counties by members of any REALTOR® association, not just members of ORRA.

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