Douglas Rudnick - Realtor

Open House Saturday June 1st 12pm-3pm
904 Old Tree Rd., Orlando, Fl., 32825
This tropical oasis located in the heart of Orlando is a must see! Lush landscaping greets you at every turn. The Zen like qualities of the outside continue to the inside of this wonderful home.

Happy Saturday! I need to apologize to all my friends. I just realized that I got crazy eyed and posted my open house for 904 Old tree Rd today for 12pm-9pm. I will really be there 12pm-3pm! However, I only live 15 minutes away so feel free to call me if you would like to see this beautiful home after 3pm, Have a great Memorial Day!

Open House Saturday May 25th 12pm-9pm
Welcome to your dream oasis! Nestled on a serene .25-acre lot, this stunning home is a sanctuary of luxury and comfort. From the moment you arrive, the lush landscaping and tranquil koi ponds set the stage for the beauty that awaits inside and out. Step into the fully fenced backyard paradise featuring an inviting recently refinished inground pool and a spacious brick paver patio, perfect for outdoor entertaining.

So if you think the housing market is crashing....please read below (stats provided by the Orlando Regional Realtors Association):

*The median home price for March was recorded at $386,500, up from $377,000 in February. The highest monthly median home price on record in the Orlando area was $387,000 in June 2022.
*Overall sales rose 17.7% from February to March. There were 2,559 sales in March, up from 2,174 sales in February.
*Inventory for March was recorded at 8,971, up 4.4% from February when inventory was recorded at 8,589.
*March’s interest rate was recorded at 6.7%, up slightly from 6.6% in February.
*23 distressed homes (bank-owned properties and short sales) accounted for 0.9% of all home sales in March. That represents an 8.0% decrease from February when 25 distressed homes sold.
*New listings rose 8.6% from February to March, with 4,124 new homes on the market in March, compared to 3,799 in February.

Call me today if you or anyone you know and care for needs the help of a 20+ year real estate veteran to help with buying or selling a home....or even just have a question. I am always available to help.

State of the Real Estate Market month End Report November 2023

“A balanced market is a six-month supply of homes. In November, for the first time since January 2019, we have more than four months of supply,” said Lisa Hill, Orlando Regional REALTOR® Association President. “With an increase in inventory and with interest rates showing signs of coming down, we have conditions for a strong, healthy market heading into 2024.”
The median home price for November was recorded at $375,000, down slightly from $377,000 in October.
Overall sales fell 17.8% from October to November. There were 1,996 sales in November, down from 2,429 sales in October. This is the sixth month in a row that home sales have fallen. A double-digit drop in sales from October to November is not out of the ordinary heading into the holiday season.
Inventory for November was recorded at 8,202, up 5.0% from October when inventory was recorded at 7,813. This is the eighth month in a row inventory has risen.
November’s interest rate was recorded at 7.3%, down from 7.8% in October, when rates reached their highest level in more than 22 years.
21 distressed homes (bank-owned properties and short sales) accounted for 1.1% of all home sales in November. That represents a 16.0% decrease from October, when 25 distressed homes sold.
New listings fell 7.8% from October to November, with 3,188 new homes on the market in November, compared to 3,456 in October.