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7,578 Homes are in different stage of foreclosure in Central Florida.

by Petur Sigurdsson, Realtor
Browsing the Internet looking for distressed homes and condos I found approx. 7,578 units in different stage of foreclosure in the four Central Florida counties. The counties that I am talking about are: Lake, Orange, Seminole and Osceola. In Lake County there are 736 homes in distressed sales or one of every 189 homes in that county. Seminole County has 895 distressed sales or one of every 192 homes in Seminole county are in a distressed sale. Osceola county has 1,703 in distressed sale or one of every 69 homes, which is the highest percents of homes in foreclosure in Central Florida. Than we have Orange county with 4,244 homes in foreclosure or one of every 106 homes being foreclosed on. The above numbers are approximate but I believe that they are close to the reality that we were facing here in Central Florida in December of 2008.
 
You might be wondering where is he going with this, well there are two things that I am wondering about at this moment. Looking at the above numbers, which are a sad testimony of the status of the market today. I ask where is the economic stimulus packet? Why are these people not getting any help? Why is there no funds available today for people that want to buy them self a home to live in?
Than there is the other side of this problem,  as a Realtor I work a lot with investors, they do have funds and they love buying houses for 50 cents on the dollar or less. These are the easy jobs today, I am finding plenty of units for the investors and the banks that are getting worried about their fat properties folders are now dumping anything and everything they can.

Contact Erna and Petur Sigurdsson, Realtors at The Viking Team, Realty at 321-263-5096 for help buying or selling a home in Longwood, Lake Mary, Altamonte Springs, Sanford, Seminole and Orange County and the surrounding areas of Central Florida. To Search For Homes For Sale in Central Florida Click Here. 

ORLANDO STILL IN ONE OF THE TOP SEATS!

by Petur Sigurdsson, Realtor

Even though Las Vegas is still the number 1 hot-spot to relocate to, Orlando and the Tampa/St. Pete area made the top 10 list of most popular relocation areas in this nation.  According to Relocation.com these results are very similar to the 2007 results.  We in the Orlando and the Tampa area can celebrate as this puts a little pressure or band aid, to our bruised and battered market.

We can also celebrate that our sales have gone up about 21% in December of 2008 compared with December 2007.  1076 homes sold in December of 2007 compared to 1305 homes sold in December of 2008.  Leading the way in these sales are investors, that are buying the homes, penny's on the dollar compared to the high prices of 2005 and 2006.

 

Contact Erna and Petur Sigurdsson, Realtors at The Viking Team, Realty at 321-263-5096 for help buying or selling a home in Longwood, Lake Mary, Altamonte Springs, Sanford, Seminole and Orange County and the surrounding areas of Central Florida. To Search For Homes For Sale in Central Florida Click Here. 

MY BLOG IN ICELAND.

by Petur Sigurdsson, Realtor

 Just for the fun of it, click here and this link will take you too my blog in Iceland.  The real link is fasteign.blog.is and is hosted by the Morgunbladid newspaper in Iceland.

Have fun!

 

Contact Erna and Petur Sigurdsson, Realtors at The Viking Team, Realty at 321-263-5096 for help buying or selling a home in Longwood, Lake Mary, Altamonte Springs, Sanford, Seminole and Orange County and the surrounding areas of Central Florida. To Search For Homes For Sale in Central Florida Click Here. 

Over 400 people came to celebrate with us.

by Petur Sigurdsson, Realtor

It was unbelievable how many of you came to our "old fashion" Christmas dance in the Restaurant Pearl in Reykjavik Iceland.  I was very happy to see all of you and to see how much fun you had with your kids and grandkids.

Dancing around the Christmas tree. Also I would like to thank all of you my customers for our cooperation in the past and wish you the best in the future.  Hoping that I will see all of you in the year 2009 and that you will have a lot of stories about the achievements of your kids and grandkids. 

Wishing you all a happy new year!

 

Follow this link too see more photos of our Christmas Party.

Contact Erna and Petur Sigurdsson, Realtors at The Viking Team, Realty at 321-263-5096 for help buying or selling a home in Longwood, Lake Mary, Altamonte Springs, Sanford, Seminole and Orange County and the surrounding areas of Central Florida. To Search For Homes For Sale in Central Florida Click Here. 

Displaying blog entries 1-4 of 4