Reuters reported that U.S. home sales rose 2.3% in July, which was helped by low interest rates and increased hiring. The association also reported that home prices rose in July when compared to the same month last year and fewer homes were sold under distressed conditions – those following foreclosures or in short sales.

The Orlando Realtor Association followed with their year-to-date report showing that overall median pricing is up over 9%, with “normal” sales up 16% and foreclosures down 13%. More good news for sellers is that single-family home inventory in Central Florida is down by 25% year-to-date, thereby limiting options for serious buyers in the Orlando area. Many of our Realtor customers are reporting multiple offers above list price for quality properties here in Central Florida.

There is no better time to buy or sell real estate in Orlando. Contact our title insurance company in Orlando for reliable listing agent referrals if you are interested in selling your home fast and at the highest possible price. Give us a call at 407-615-8550 for our Dr. Phillips office and 407-440-5025 for our Orange Avenue location.