Orlando, Florida News - Amerivest Realty

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February 11, 2009

Short Sale Training for Amerivest Realty Agents

"The entire month of February will be dedicated to learning about Short Sales." says Mark Eller, Broker/Owner of Amerivest Realty of Central Florida. " Total monthly closings in the Orlando area are made up of almost 50% Short Sales". One agent in particular, Caridad Javier with the Winter Park office of Amerivest Realty, says that she is working 3 times as hard as before, trying to negotiate with the lenders of the listed properties. She realizes however, that this is where the business is in today's Orlando Real Estate market.
Short Sale training will consist of 3 separate Saturdays of round table discussion, expert training by John Clark of Old Republic Title and the legalities of the short sale. Training for the short sale seminar will be February 21, at 9:00 at Cosmopolitan Title in Lake Mary FL.

Increased affordability continues to spur sales.

(February 11, 2009 – Orlando, FL) The median price of Orlando homes sold in January ($148,274) decreased by 33.06 percent compared to January 2008 while the area’s average interest rate dropped to its lowest point since May of 2005, creating market conditions that further tilt in favor of buyers.
Orlando area home sales are up, with members of the Orlando Regional Realtor® Association involved in the sale of 17.71 percent more homes in January of this year than January of last year: 957 to 813. Geographically, Osceola County recorded the greatest increase of sales activity amongst the four counties in the Orlando MSA: 120.51 percent. Lake and Orange counties posted sales increases as well (25.63 percent and 42.83 percent, respectively); Seminole County sales declined 16.24 percent.

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