Frankly Speaking Blog

Orlando’s 2016 annual median price ($200,000) was 12% over 2015 ($178,500), due to 12 months of year-over-year price increases. Sales for 2016 ended at 35,780 or 1.8% over 2015's cumulative sales total of 35,151.


Posted by Frank Ferrell on January 20th, 2017 9:30 AM

The median price of Orlando area homes rose 14 percent year-over-year last month. Meanwhile, sales decreased 8 percent as inventory took its greatest year-over-year tumble in 2016 and dropped by 12 percent.

Orlando Regional Realtor Association released the findings Nov. 17 in its October housing report.



Posted by Frank Ferrell on December 5th, 2016 3:18 PM

October 2016 NEWSLETTER


Please enjoy this monthly real estate magazine newsletter by clicking HERE.  Each month it's updated so you will find interesting articles about real estate, home design, maintenance, food, music, fitness, travel and many helpful tips.
























 
Posted in:Newsletter and tagged: newsletter
Posted by Frank Ferrell on October 26th, 2016 2:59 PM
Posted by Frank Ferrell on October 5th, 2016 12:35 PM
Posted by Frank Ferrell on August 24th, 2016 10:51 AM
Orlando median price jumps 12 percent amid declines in both inventory and sales.



The inventory of homes available for purchase in the Orlando area dropped by 9.91 percent in July 2016, contributing to a 6.28 percent decrease in sales and a 12.04 percent increase in median price when compared to July 2015. Inventory has experienced 13 consecutive months of year-over-year declines.
Posted by Frank Ferrell on August 24th, 2016 10:32 AM
The median price of Orlando homes during the month of June increased 15 percent compared to June of last year, the result in part of yet another double-digit decline in inventory. Sales decreased by 3 percent when compared to June 2015, but increased by 5 percent when compared to last month.





Posted by Frank Ferrell on July 17th, 2016 8:23 AM


Orlando home sales rise 7 percent, median price jumps 12 percent to $203,000

The median price of Orlando homes sold during the month of May increased more than 12 percent compared to May 2015 and crossed the $200,000 mark for the first time since August 2008. In addition, sales showed a year-over-year increase of nearly 7 percent despite a continuing slide in inventory.




Source Orlando Regional Realtor Association

Posted by Frank Ferrell on July 2nd, 2016 12:42 PM

Ensure your Independence Day weekend is filled with celebration and not regret with these 10 fire safety tips, from the Federal Emergency Management Agency (FEMA):

  1. Be sure fireworks are legal in your area before using or buying them.
  2. Always have an adult supervise fireworks activities and never allow children to play with or ignite fireworks. Sparklers alone account for one quarter of emergency room fireworks injuries.
  3. If you set off fireworks, keep a bucket of water handy in case of malfunction or fire.
  4. If fireworks malfunction, don’t relight them! Douse and soak them with water then throw them away.
  5. Never ignite fireworks in a container, especially one that is glass or metal.
  6. Use your grill well away from your home and deck railings, and out from under branches or overhangs.
  7. Open your gas grill before lighting.
  8. Periodically remove grease or fat buildup in trays below your gas or propane grill so it cannot be ignited.
  9. Declare a three-foot "kid and pet-free zone" around the grill to keep them safe.
  10. Avoid loose clothing that can catch fire when cooking on the grill.

You can find more information and tips on being fire safe this Fourth of July, by visiting www.usfa.fema.gov.



Posted by Frank Ferrell on July 2nd, 2016 12:11 PM
Watch our Client's space-saving design ideas give this drab 1960's Winter Park home a clean, contemporary style.


Posted by Frank Ferrell on January 9th, 2016 11:31 PM
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$240,000.00
7325 English Moss Lane

Orlando, FL 32807



Beds: 3 Rooms: 8
Full Baths: 2 Sq. Ft.: 2036
Garage: 2 Built: 1976
 

Renovated 3/2, 2,036 sf pool home, .38-acre corner lot, winter park schools, living room, family room, florida room.
This is a new listing that
I thought you might be
interested in. Visit this
listing online to see more
photos of the property,
Google? Earth satellite
images, and much more.
 

If you have any questions
about this property or
require more information,
please feel free to call.

Frank Ferrell
Ferrell Realty, Inc.
4076283200
www.ferrellrealtyinc.com



 
  Visit this listing here
Posted by Frank Ferrell on October 31st, 2015 1:34 PM
Posted by Frank Ferrell on October 25th, 2015 8:15 AM
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$275,000.00
234 Duncan Trail

Longwood, FL 32779



Beds: 4 Rooms: 9
Full Baths: 2 Sq. Ft.: 2306
Garage: 2 Built: 1979
 

Wekiva Hills 4-Bed/2.5-Bath 2,306 SqFt home with stunning Planked Wood Vaulted Ceiling and exposed Wood Beams, 2-story fireplace rock wall and many other architecturally brilliant design features.
This is a new listing that
I thought you might be
interested in. Visit this
listing online to see more
photos of the property,
Google? Earth satellite
images, and much more.
 

If you have any questions
about this property or
require more information,
please feel free to call.

Frank Ferrell
Ferrell Realty, Inc.
4076283200
www.ferrellrealtyinc.com



 
  Visit this listing here
Posted by Frank Ferrell on October 25th, 2015 8:06 AM
After a record-breaking summer of home sales and schools back in session, Orlando's housing market took its traditional August-to-September breather. Nevertheless, home sales in September were over 3 percent higher than in September 2014. 

Posted by Frank Ferrell on October 25th, 2015 7:51 AM
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Listings Photo
$290,000.00
1264 Deer Lake Circle

Apopka, FL 32712



Beds: 4 Rooms: 9
Full Baths: 3 Sq. Ft.: 2328
Garage: 2 Built: 1989
 

This is a new listing that
I thought you might be
interested in. Visit this
listing online to see more
photos of the property,
Google? Earth satellite
images, and much more.
 

If you have any questions
about this property or
require more information,
please feel free to call.

Frank Ferrell
Ferrell Realty, Inc.
4076283200
www.ferrellrealtyinc.com



 
  Visit this listing here
Posted by Frank Ferrell on September 5th, 2015 7:49 PM
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Listings Photo
$175,000.00
616 VALENCIA PLACE CIR

Orlando, FL 32825



Beds: 3 Rooms: 6
Full Baths: 2 Sq. Ft.: 1316
Garage: 2 Built: 1994
 

Renovated 3-Bed/2-Bath, 2-Car Garage home in Valencia Place in East Orlando.
This is a new listing that
I thought you might be
interested in. Visit this
listing online to see more
photos of the property,
Google? Earth satellite
images, and much more.
 

If you have any questions
about this property or
require more information,
please feel free to call.

Frank Ferrell
Ferrell Realty, Inc.
4076283200
www.ferrellrealtyinc.com



 
  Visit this listing here
Posted in:General
Posted by Frank Ferrell on September 1st, 2015 8:41 PM
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Listings Photo
$375,300.00
1854 GRINNELL TER

Winter Park, FL 32789



Beds: 4 Rooms: 7
Full Baths: 1 Sq. Ft.: 1556
Garage: 1 Built: 1955
 

For Sale: 4/1.5, 1556 sq.ft. home on 88 x 125 1/4-acre lot in the heart of Winter Park adjacent to Windsong.
This is a new listing that
I thought you might be
interested in. Visit this
listing online to see more
photos of the property,
Google? Earth satellite
images, and much more.
 

If you have any questions
about this property or
require more information,
please feel free to call.

Frank Ferrell
Ferrell Realty, Inc.
4076283200
www.ferrellrealtyinc.com



 
  Visit this listing here
Posted by Frank Ferrell on August 25th, 2015 5:57 PM
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Listings Photo
$249,000.00
333 Cambridge Boulevard

Winter Park, FL 32789



Beds: 3 Rooms: 7
Full Baths: 2 Sq. Ft.: 1651
Garage: 2 Built: 1954
 

Winter Park Lake Killarney area, attractive 3/2 1,651 sg.ft. updated split-plan home on a quiet dead-end street.
This is a new listing that
I thought you might be
interested in. Visit this
listing online to see more
photos of the property,
Google? Earth satellite
images, and much more.
 

If you have any questions
about this property or
require more information,
please feel free to call.

Frank Ferrell
Ferrell Realty, Inc.
4076283200
www.ferrellrealtyinc.com



 
  Visit this listing here
Posted by Frank Ferrell on August 18th, 2015 6:00 AM
Posted by Frank Ferrell on July 29th, 2015 6:08 AM

Renovating your kitchen can mean serious profit when selling your home. Even small, basic improvements to your kitchen can pay big dividends. For most buyers, the kitchen is the heart of the home. And that means it has the greatest profit potential. Here are a few suggestions for improving your kitchen without investing tens of thousands in remodeling costs.
In the short term, consider changing floors, cabinets, and fixtures. Consider sanding, staining, or painting dingy looking cabinets. Replacing old cabinet hardware (a low-cost improvement) can make a huge difference in appearance.

Look at your counter tops and other surface areas that draw the eye. Also, look at the kitchen sink and fixtures. If they’re old and worn, replacing them with contemporary fixtures and a new sink can make a world of difference…not just in aesthetics, but in hard dollars.

In some cases, spending $4,000 on a cosmetically outdated kitchen can add as much as $15,000 in extra value of the home. One of our Investor Clients recently purchased a single family home in East Orlando, making major improvements to the kitchen which included new cabinets, countertops, appliances, flooring and raising the ceiling. The photos below show the vast difference in the "before and after" appearance. Click here to view more photos of this outstanding kitchen makeover. 

There are a number of factors that go into determining how well your project will pay back. Payback value depends a lot on the current market conditions in your area. 
If the market is hot and homes are selling fast, you can expect a higher payback value than you would get in a slow market.

Another factor to consider is the cost of the improvements. If you can do the work yourself, you can save significantly on the cost of the project and greatly improve the chances of getting a good return on the investment.

Posted by Frank Ferrell on July 16th, 2015 5:13 PM

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