Monday Market Report – Is your home value back to Pre-Recession Prices?

The Orlando housing market has been a hot market for a few years now, with low inventory driving up prices.  Many home sellers are waiting to sell until they can get back what they paid.  Ultimately we need more listings for sale to balance the market, but many homeowners who purchased in 2005-2008 are not sure they have gained enough equity.  The short answer is, it really depends on exactly when and where you bought.

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The height of the Orlando real estate market over the last 20 years was in August of 2007 when the average home price topped at $317,587 in the Orlando area. 
The average price for January 2017 was $244,904 in the Orlando Regional Realtor coverage area.  So as a whole we are still about 23% lower than the tip top of the market in 2007. 

Depending on exactly when you purchased and where the home is located, your value could easily be back!   In very popular neighborhoods near Downtown Orlando with low to no inventory some homes are selling near pre-recession prices.  Recent studies we have made showed home values in Lake Lawsona Fern-Creek and Colonialtown North valued near 2007-2008 prices.  It is common for neighborhoods with walkability and amenities nearby to sell for higher prices than Orlando as a whole.  

If you’re interested in selling but bought in 2005-2008 it’s a good time to check in and see if you can finally sell.  Contact me at kathryn@ThinkLiveBe.com or 407-494-2820 to find out if your home or neighborhood has increased to pre-recession prices. 

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Who Says There’s Nothing To Do In Orlando? – Orlando Foodie Tours

foodietoursWhen I saw a recent article on Bungalower.com, I had to do more research and find out what these Foodie Tours were all about.  The concept is really unique.  Think pub crawl-ish, but super posh and at restaurants that I’m sure have been on your list since they’ve opened.  More than a crawl, you get to really spend time at each venue, getting a sense of the vibe, tasting their delicious foods and trying signature cocktails.  The idea is you tour 3 top rated Orlando restaurants that focus on farm to table dishes and source from local farms.  Each venue gives you time to chat with the chef and a bartender, as well.  You meet at the first location, try their spread and then hop into pre-coordinated transportation to transport to the next experience.

This project is the brainchild of Katie Bean, a long time Orlando resident.  She explains on the website, “I’ve always had a hard time deciding where I want to go and what I want to eat. All my life, it’s been a daily struggle for me, especially the older I’ve gotten as I know what I like now more than ever. One day I had a thought to create something similar to a pub-crawl, but for foodies – and not just any foodie nor just any typical crawl. I wanted this “foodie crawl” to be the ultimate experience with VIP treatment.”  I don’t know about you, but I have the hardest time deciding where to go too!  My husband knows this song and dance from me all too well.  So Katie set out to create a way to expose us to these great restaurants in small group settings.

The tours aren’t just limited to this evening idea.  You can also go on a Vegetarian tour, a brunch tour or even create a custom tour.  It seems like you can make these tours what you really want!  I hope you’ll try this novel idea soon.  I know I will be booking my tour for a date night soon!

For more information, click here.

Image Credit: OrlandoFoodieTours.com

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Go Local Wednesday – An Evening of Wine & Foot Massage

winefootI’m sure you’ve been working hard to keep up those ambitious New Year’s resolutions!  So now, Quantum Leap Winery and The Barefoot Spa want to treat you to an evening of wine and foot massage.  Let their therapists give you feet a break, while you sip on some bold Cabernet or Pinot Grigio, tomorrow, March 2nd from 4PM to 9PM.  To schedule call Harris at 407-539-1491 for your 30, 60 or 90 minute appointment.  The event will be held at Quantum Leap Winery located at 1312 Wilfred Dr, Orlando, FL 32803.

 

 

Image Credit: Pinterest.com

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Who Says There’s Nothing To Do In Orlando? -A TRIBUTE TO HARRIETT: BEST OF BROADWAY

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Ballet: an artistic dance form performed to music using precise and highly formalized set steps and gestures.  For The Orlando Ballet, which began in 1974, it has been the contributions from local philanthropists to help keep the performances going.  For Harriett Lake, this is truly her passion!  Lake contributes for over 200 different charities and hospitals throughout the Central Florida area.  She seems to have a special place in her heart for this awe inspiring art, and the Orlando Ballet will be showing their gratitude in a Tribute to Harriett: Best of Broadway show tomorrow, Saturday, February 25th.  The one act show will feature performances from Harriett’s favorite Broadway show tunes.  Harriett has assisted with picking the songs and sequence.  Instead of a red carpet, the Ballet chose a pink carpet (Harriett’s favorite color). She has even donated items from her own wardrobe to be used in the show.  This looks like it will be a really special dedication to an inspiring local philanthropist who is helping keep Ballet in Orlando!

For more information, or to purchase tickets, click here.

Image Credit: Michael Cairns 2017

 

Posted in Downtown Lifestyle, Downtown Orlando, Orlando Events, Who Says There's Nothing to Do in Orlando? | Tagged , , , , , | Leave a comment

Go Local Wednesday – 9th Annual Downtown Food & Wine Fest

downtownfbfestThe 9th Annual Downtown Food & Wine Fest returns this weekend, Sat. Feb. 25th and Sun. Feb. 26th to Lake Eola park, along Robinson St.  This annual event features foods from over 30 local restaurant’s best dishes, 50 domestic and international wines and live entertainment.  The entertainment line-up is incredible:

Saturday, Feb. 25th

  • Adam Moreno Duo
  • Matt Shenk
  • From The Voice, Orlando’s own Christian Cuevas
  • Spencer Ludwig
  • Johnnyswim
  • Gavin DeGraw

Sunday, Feb. 26th

  • Adam Moreno Duo
  • Orange Avenue
  • The Legendary JC’s
  • KC and the Sunshine Band

Tickets start at just $20 for single day admission or if you’re feeling VIP go with the Ultimate Fest Experience package for $115, which includes admission, a Wine Taster’s Club lanyard, $20 in F&B tickets, a VIP parking pass, complimentary Food & Wine Fest gift and exclusive access to the VIP tent and bathrooms.  This event is sure to sell out, so make sure to get your tickets today!

Image Credit: Eventbrite.com

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Monday Market Report – Make More Money selling your Home

CapturerealestateanalysisI recently read an article from the financial guru himself, Dave Ramsey.  The article is titled “Make More Money Selling Your Home”.  Here is a link to the original article.  In it he explains how selling your home alone does not actually earn you more money.  It seems like a logical thing, sell by yourself and save on a commission.  However, statistics show time and time again that agents can earn far more through exposure.

The number of sellers who go it alone has declined since the article.  In fact, in 2016 ONLY 8% of homes were sold as “For Sale by Owners”.  And we are in a hot sellers market which is usually the time we see more people able to sell on their own.

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Although the dawn of home searching on the Internet has certainly made it easier to be visible, the number of home sellers who actually sell as a for sale by owner has declined.  It is an increasingly difficult climate for selling and buying; and in most situations these factors make it imperative to get expert help.  One of the main reasons sellers have a hard time selling alone is because buyers want representation.  In fact, the number of buyers using an agent is at a 14 year high.  

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If you are thinking about selling your Orlando home alone, consider this, listing with an agent could actually earn you more.  With 90% of the buyers searching for a home using an real estate agent, you are missing a HUGE pool of potential buyers!  Contact us to learn more about how listing with an agent can actually earn you more money.  Kathryn at 407-494-2820 

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Who Says There’s Nothing To Do In Orlando – Orlando Chili Cook-Off

chilicookoff_logo_2016-01Great bowls of fire!! The 8th Annual Northwestern Mutual Orlando Chili Cook-off returns to Orlando Festival Park tomorrow!  The cook-off benefiting, Alex’s Lemonade Stand, begins at noon and hosts over 100 chili booths for your tasting pleasure! There will be a large Kids Zone, live music, food trucks and a chili eating contest featuring Joey “Jaws” Chestnut and Miko Sudo.

Ticket are available and start at just $15/person.  Or be a VIP and get access to the Vip express lane. Access to Miller Lite Party Zone, 4 complimentary drinks (beer or wine), lite bites from local restaurants and premium view of stage, private restrooms and bar for $40. Help cure childhood cancer and enjoy lots of different chilis!  For more information, click here.

Image Credit: Orlando Chili Cook Off

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