Winter 2012 Market Update
If you can qualify, now is an exceptional time to buy a home in Winter Garden. Low rates with falling home prices makes a home purchase a great value! Call Wende for more information at 407-579-4864.

Average Home Price $200,000 - View Graph Trend
Average Price Compared to Last Year Down 0-5%
Average Time on Market 10-30 days
Best Selling Price Range$150,000 - $199,000
Worst Selling Price Range$900,000 - $949,000
Prices As % of Asking Price 90-95%
Existing Home Prices for the past 90 days are?No Change
Market Trend Decreasing
Buyers’ or Sellers’ Market Equal buyers and sellers
Buyer Activity for the past 90 days in Winter Garden isIncreasing
Seller Activity for the past 90 days in Winter Garden is?Decreasing
Multiple Offers?Yes
Multiple Offers CommentaryHomes priced right are getting multiple offers.
What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?More than 50%
Is Financing Available For Qualified Buyers?Yes
Comments on Financing For Qualified Buyers
Housing Inventory Limited Supply
Inventory CommentsThe foreclosures are selling fast. Homes priced well are receiving multiple offers. For the best deals be prepared to move quickly and put in an offer.
Greatest Activity Repeat Buyers
Reason to Buy/Sell Population Growth
Nearest Metro AreaOrlando
Housing Hot SpotsNewer subdivisions where resalers and builders are competing for sales. Townhomes are very good buys as many investors over bought and now are having to sell below market due to foreclosure home prices. Strong rental market. Located near Dr. Phillips, Windermere and Celebration.
Average Sold Price $200,000 - View Graph Trend

Winter Garden Local News


Savor the Summer! - July 12th, 2010 9:15pm
So, My wife and I are foodies and we always love a great meal at a great price. We are always on the prowl for these types of deals. We happened to be perusing the internet looking to make plans for our evening the other night and we hit the jackpot! Pointe Orlando, a major shopping/dining/entertainment complex located just minutes from the Orange County Convention Center, has put together a fantastic variety of Prix Fixe menu's for most of the restaurants within the facility. The list of restaurants can be found at the following link Savor the Summer!.

We decided that our first visit would be to "The Capital Grille", a fine-dining steakhouse with dry-aged cuts and a fantastic wine list that is overseen by Master Sommelier George Miliotes. We both enjoyed our meal thoroughly, she had a wonderful Caesar Salad along with an 8 oz Dry Aged Filet Mignon and for dessert the most amazing coconut sorbet you could imagine, while ... [ + Read Full Article ]

Winter Garden Party In The Park - June 13th, 2010 10:53am
Saturday, July 3 • 5:00-9:30pm
Fireworks at 9:15pm
Newton Park, 29 West Garden Avenue

Bring a chair, blanket or have a seat in the grass for this special Winter Garden tradition! Live music, family activities, food and more keep the evening fun for all ages; featuring one of the best fireworks displays in West Orange County. Free to the public. Parking is available at Health Central Park and Dillard Street Elementary on North Dillard Street.

Winter Garden Farmers Market - Monday March 8th, 2010 12:36pm
Stroll on down Plant Street in Historic Winter Garden on Saturday mornings and you will find many vendors with locally grown produce. They say there is nothing healtier than fresh produce. Fun for the whole family.

Foreclosure Frenzy - Sunday September 20th, 2009 11:33am
Here in Orlando we are seeing foreclosure frenzy. Multiple offers the first day the home is on the market. Bidding wars.

First time home buyers are looking for homes to buy before the end of November. Investors are seeing prices creep up and realizing now is the time to buy those great rentals.

So if you are looking for a great deal with a foreclosure here is my advise.

1. Have your preapproval letter or proof of funds ready. Many of the offers out there are cash. The saying is "cash is king." However, if you have a strong offer the bank is still looking at the bottom line - how much money they can recoop from the home.

2. Be prepared to make a quick decision. Know what you want before you start looking. With multiple offers on a home you can easily lose out if you wait too long to submit your offer.

3. Have a reputable inspector lined up. The banks are typically allowing only 5 days to get the inspec... [ + Read Full Article ]
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Mortgage Rates
– Feb 11th, 2012 –
---------------------------------
 30 yr. fixed rate:     3.89%
 15 yr. fixed rate:     3.21%
  30 yr. jumbo rate:  4.60%
  15 yr. jumbo rate:  3.96%

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Sluggish housing market in line for a better 2012, according to quarterly survey

The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.

The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.

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