If you're curious about how long you can expect various pieces and systems in your home to last, the following infographic shows the average life expectancy for mechanical items as well as interior/exterior materials.
Declining interest rates and swelling inventory have contributed to another month of increased home sales in the Orlando area. The overall median price for November is $165,000, a 6.5% increase over last November, and a 3% increase over last month. Orlando’s overall median price now has 41 consecutive months of year-to-year gains, rising 43% since July 2011.
Orlando's growing inventory of homes is helping meet ongoing demand, resulting in a 18% increase in sales in October according to the Orlando Regional REALTOR® Association. Additionally, Orlando's median sold home price of $160,000 rose 4% over October 2013, continuing year-to-year gains for 40 consecutive months.