As an Orange County real estate law firm, the Law Offices of Stephen K. Hachey handles a wide variety of legal issues relating to residential and commercial real estate transactions including foreclosure defense, short sales, loan modifications, deed in lieus, landlord/tenant disputes, and title insurance.
Orange County real estate law encompasses state statutes and laws, which can often be complicated and intimidating. Stephen K. Hachey is an experienced Orange County real estate lawyer dedicated to assisting individuals and businesses in connection with real estate transactions of all types. As a Orange County real estate attorney, Stephen K. Hachey can help explain laws and regulations that govern any and all activity dealing with residential or commercial real estate.
Stephen K. Hachey, an experienced Orange County real estate attorney, can help protect buyers and sellers from making costly mistakes and ensure that your Orange County real estate transaction adheres to the applicable rules of Florida and Orange County.
Sales of existing homes within the entire Orlando MSA (Lake, Orange, Osceola, and Seminole counties) in September were down by 13.75 percent when compared to September of 2010. Throughout the MSA, 2,541 homes were sold in September 2011 compared with 2,946 in September 2010. To date, sales in the MSA are down 2.55 percent.
Each individual county’s monthly sales comparisons are as follows:
Orange: 17.48 percent below September 2010 (1,317 homes sold in September 2011 compared to 1,596 in September 2010);
There were 1,963 foreclosure properties in Orange County in September, or one in every 237 housing units with a foreclosure filing, an increase of 46 percent compared with August 2011, where one in 346 units had a foreclosure filing.
Homes of all types with the majority being short sales spent an average of 100 days on the market before coming under contract in September 2011, and the average home sold for 93.80 percent of its listing price. In September 2010 those numbers were 87 days and 95.19 percent, respectively.
Pending sales – those under contract and awaiting closing – are currently at 9,369. The number of pending sales in September 2011 is 7.53 percent greater than in September 2010