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Orlando, FL Real Estate News

By Walter DiLoreto, Real Estate Short Sale Specialist
(PHP Houses)
The number of homes for sale just reached its highest point since 2019.And that gives you the most choice you’ve had in 7 years.With affordability still so tight, having that many options opens up your odds of finding a home you love that still works for your budget.Want to see what’s on the market in our area? DM me the price point you’re looking at to get started. Contact us:PHP Houses142 W Lakeview AveUnit 1030Lake Mary, FL 32746Ph: (407) 641-1531email: info@phphouses.comLet’s Connect:FacebookLinkedinTwitterInstagramThe information contained, and the opinions expressed, in this article are not intended to be construed as investment advice. The author does not guarantee or warrant the accuracy or completeness of the information or opinions contained herein. Nothing herein should be co...
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By Walter DiLoreto, Real Estate Short Sale Specialist
(PHP Houses)
Higher mortgage rates don't just affect buyers. They can change what it takes to sell your house, too.That's because today's buyers are paying close attention to affordability. And when rates rise, even a relatively small change can make a noticeable difference in their monthly payment. So, they're looking for ways to make the numbers work. And in some markets, new construction is giving them exactly that.If you're planning to sell, that doesn't mean you can't compete. But it does mean you need to understand what builders are doing to win over buyers – and what options you have, too.Builders Are Competing on the Monthly PaymentNew construction has something interesting going for it right now. While existing-home sales  (homes that have previously been lived in) continue to struggle unde...
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By Walter DiLoreto, Real Estate Short Sale Specialist
(PHP Houses)
Half the buyers out there are scared home prices are about to crash. The other half are hoping they will.A recent survey from Clever found 58% of Gen Z buyers are actually rooting for a crash, just so homeownership feels within reach.So, what do the forecasts actually say?Every quarter, Fannie Mae surveys more than 100 housing experts on where prices are headed. The newest results are in. And spoiler alert: they’re not calling for a crash – not even the pessimists.What the Newest Numbers Actually SayThe panel's latest forecast has prices climbing every single year through at least 2030.The panel's average forecast is that prices will rise by 14.7% in the next 5 years. And here’s where it gets really interesting. If you split these experts into optimists and pessimists, even the pessimis...
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By Walter DiLoreto, Real Estate Short Sale Specialist
(PHP Houses)
You may have seen the headlines saying mortgage rates have climbed to the highest point since January 2025. And if that's left you reluctant to buy a home, here's what you need to remember… That's not necessarily the number you'd get. It's a common misconception that the rate you see in the headlines is the same one you'd get when you buy. The truth is, mortgage rates shift often, and the rate you actually end up with can vary a lot from what you may see or hear about. What Determines Your Real Rate? Advertised rates and “real rates” aren’t always the same. That’s because real rates are based on your specific situation, which includes your overall finances and goals. The rates you see in the headlines can’t possibly reflect that. That’s why only a lender can tell you what your real rate...
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By Walter DiLoreto, Real Estate Short Sale Specialist
(PHP Houses)
Price cuts are turning up everywhere right now, and they read very differently depending on which side of the deal you’re on.Sellers tend to worry a cut means walking away with less than they hoped. Sometimes that’s true, but more often it just means the market moved faster than the listing did.Buyers, for their part, often assume a cut means something’s wrong with the house. Most of the time, that’s not it.This is what's actually driving all those price cuts, and why it matters no matter which side of the deal you're on.42% of Homes for Sale Are Now Carrying a Price CutAccording to HousingWire Data, the share of sellers cutting their asking price has climbed every month for 7 straight months (see chart below):Today, more than 4 in 10 active listings have had at least 1 price cut, and t...
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By Walter DiLoreto, Real Estate Short Sale Specialist
(PHP Houses)
Today’s housing market splits into four distinct types. You’ve got cash buyers, buyers financing a purchase, owners who feel locked into a low rate, and builders with homes to sell. Which type you’re in changes how you should buy or sell. Ryan Serhant, CEO of SERHANT agrees:“There is no longer a housing market . . . There are four Americas.”Here’s what each looks like, and what it means for you.Cash Buyers: 1 in 4 Buyers Are Paying with CashIf you already own a home, you may be able to buy your next place in cash thanks to your equity. In fact, 26% of existing home sales this summer were all-cash, according to the National Association of Realtors (NAR). That's roughly 1 in 4 buyers skipping a home loan entirely.Data from Realtor.com shows most are at the very top and very bottom of the ...
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By Walter DiLoreto, Real Estate Short Sale Specialist
(PHP Houses)
If you’re selling this season, a little effort out front goes a long way. Because the moment a buyer pulls up to a showing, they're already forming an opinion.But there are a few simple things you can do to nail that first impression. Think tidying up your landscaping, bringing in some seasonal flowers, and sweeping the walkways. Or even just cleaning out the gutters and making sure the path to your door is well lit.You don’t need to do a big overhaul to get buyers’ attention.Let’s chat about what people in our area are looking for right now, and get your house prepped to sell this fall. Contact us:PHP Houses142 W Lakeview AveUnit 1030Lake Mary, FL 32746Ph: (407) 641-1531email: info@phphouses.comLet’s Connect:FacebookLinkedinTwitterInstagramThe information contained, and the opinions ex...
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By Walter DiLoreto, Real Estate Short Sale Specialist
(PHP Houses)
If you're trying to buy a home, affordability is probably what keeps you up at night. And as you watch mortgage rates tick up again lately, it’s fair to wonder if you should just hit pause and wait for them to go down.For now, though, they’re headed the other way. Mortgage News Daily data shows how rates have risen this year (see graph below):And if you’re wondering why? There are actually a number of reasons. Mortgage rates are impacted by the situation overseas, economic data, inflation numbers, oil prices, and even decisions from the Federal Reserve (who recently decided to hike their Fed Funds Rate – which often affects mortgage rates too). As Danielle Hale, Chief Economist at Realtor.com, explains:“The pressure on mortgage rates was here even before the Fed rate hike, and it doesn’...
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By Walter DiLoreto, Real Estate Short Sale Specialist
(PHP Houses)
ATTOM, the leading provider of property data, AI-powered intelligence, and real estate analytics solutions, today released its August 2026 U.S. Foreclosure Market Report, which shows there were a total of 40,277 U.S. properties with foreclosure filings— default notices, scheduled auctions or bank repossessions — up 1 percent from a month ago and up 13 percent from a year ago.“August’s data shows that foreclosure activity continues to trend above year-ago levels, particularly in completed foreclosures, which saw a notable annual increase,” said Rob Barber, CEO at ATTOM. “While some homeowners are still facing financial challenges, overall foreclosure volumes remain well below historical norms and the broader housing market continues to demonstrate resilience.”South Carolina, Nevada, and ...
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By Walter DiLoreto, Real Estate Short Sale Specialist
(PHP Houses)
Selling your house this fall is absolutely doable. But there’s something you need to know about this time of year.  Buyer activity typically starts to slow while the number of homes for sale climb – and you need the right strategy to get attention in this type of market. The good news? There’s a lot you can control. From how you price and present your house to how you negotiate and respond to feedback. Here are four things you’ll want to get right this fall.  #1: Price To Get Buyers’ Attention In the fall, there are typically fewer buyers looking and more homes for them to choose from. So, you want to make the most of every buyer who comes across your house. And your price is one of the first things that can make them stop and take a closer look – or keep scrolling.  That’s why this is...
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By Walter DiLoreto, Real Estate Short Sale Specialist
(PHP Houses)
Waiting for mortgage rates to come down may feel like the only way to make buying a home possible.But 41% of buyers who waited wish they'd bought sooner – before rates and prices rose again.Right now, factors like inflation, the economy, and global events are all having an impact on rates – and it’s not in the direction you’d hope.So, for a lot of buyers, waiting might not pay off. Sometimes it just means putting your life on hold for what feels like too long.Before you decide to hit pause on your move, talk to a trusted lender. They’ll go over options that can help make buying work at today’s rates, and how to get the best rate you can.You certainly don’t have to buy now. You should buy when the numbers work for you. But you should at least know your options before making a decision. C...
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By Walter DiLoreto, Real Estate Short Sale Specialist
(PHP Houses)
Summer's winding down, and if you've been thinking about selling, you might be wondering if you missed your chance. Better to wait until next year or even next spring, right?Not so fast. About one in three of all home sales happen in the last four months of the year.Fall Is Busier than You ThinkData from the National Association of Realtors (NAR) shows around a third of existing home sales happen in the final four months of the year. And that share has grown every year since 2023 (see graph below): Here's What That Means for You According to forecasts from Fannie Mae, the Mortgage Bankers Association (MBA), NAR, and Wells Fargo, there will be about 4.16 million existing home sales this year. Based on how many sales have happened so far, that means roughly 1.4 million sales are expected ...
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By Walter DiLoreto, Real Estate Short Sale Specialist
(PHP Houses)
Homes priced at $1M+ saw sales jump 14.8% compared to last year, even as the overall housing market cooled off. That’s according to the latest data from NAR.If you’re sitting on a high-end property, this is a good time to be selling. Buyers with serious budgets are active right now, and well-priced luxury listings are moving fast.Not sure how this applies to your house or our market? Drop a comment or send me a DM, and let’s figure it out together and build a plan that gets you the speed and price you’re after. Contact us:PHP Houses142 W Lakeview AveUnit 1030Lake Mary, FL 32746Ph: (407) 641-1531email: info@phphouses.comLet’s Connect:FacebookLinkedinTwitterInstagramThe information contained, and the opinions expressed, in this article are not intended to be construed as investment advice...
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By Walter DiLoreto, Real Estate Short Sale Specialist
(PHP Houses)
Data centers probably weren't on your list of things to think about when buying or selling a home.School districts? Sure. How close you are to family? Absolutely. A large building full of computer servers down the road? Probably not.But that may be changing.Data centers are popping up in more communities across the country. And as they do, buyers and homeowners are starting to wonder what having one nearby could mean for everything from home values to utility bills. So, let's get into what the data actually says. Because there's a lot more nuance here than if they’re “good” or “bad.”Data Centers Are Showing Up in a Lot More ZIP CodesAccording to Realtor.com, back in 2015, only about a dozen ZIP codes had a large data center. But by the first half of 2026, that number had climbed to more...
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By Walter DiLoreto, Real Estate Short Sale Specialist
(PHP Houses)
Ask a couple people how the housing market is doing and you’ll probably get a couple different answers. That’s because right now, the market runs on 2 very different tracks, split by price point.Knowing which track your house is on changes everything about your sale, from your asking price to how long you can expect to wait before an offer comes in. Here’s what you need to know.Home Sales Are Picking Up Speed at the Top of the MarketRates and buyer competition are shaping this market differently depending on price point. Look at recent sales data from the National Association of Realtors (NAR) and the pattern jumps right out. Homes priced under $250,000 saw sales drop 2-3% compared to last year, while homes priced above $750,000 saw sales climb by double digits (see graph below):What’s ...
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By Walter DiLoreto, Real Estate Short Sale Specialist
(PHP Houses)
First-time buyers, your remote job might give you a homebuying advantage you haven't thought about.If you can work from anywhere, you can buy just about anywhere, too. And searching in a lower-cost area could mean more homes within your budget. It could also mean spending less on everyday things like gas and groceries after your move.These states are some of the spots where your money may go the furthest, but they aren't your only options. Every state has pockets with better affordability.A local agent can match your budget and lifestyle to a shortlist of areas, whether that's a new state or somewhere closer to where you already live. Let's connect and start building yours. Contact us:PHP Houses142 W Lakeview AveUnit 1030Lake Mary, FL 32746Ph: (407) 641-1531email: info@phphouses.comLet’...
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By Walter DiLoreto, Real Estate Short Sale Specialist
(PHP Houses)
For most first-time buyers, the hardest part of buying a home is making the numbers work. You budget, you save, and the finish line still feels far away. But your salary is only half the equation. Where you live shapes what you can afford just as much. And if you can work remotely, you have an advantage a lot of buyers don't. You're not tied to living where the jobs are, so you can look where your money goes further.Where You Work Doesn’t Have To Dictate Where You LiveRemote job openings are on the rise. According to FlexJobs, remote job postings climbed 22%from the quarter before. That’s the second quarter in a row of double-digit growth. More remote roles mean more people can choose a home base around the life they want to build. As Forbes puts it: “Remote employees, freelancers, cons...
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By Florida Tolbert Team Keller Williams Advantage, Keller Williams Land Luxury Division Specialist
(Keller Williams Advantage III Realty in Lake Nona)
Wedgefield: One of East Orlando’s Most Exciting Places to Build, Live, and Invest3603 Bancroft Boulevard, Orlando, Florida 32833If you’ve been searching for the right place to build a dream home while positioning yourself in one of East Orlando’s most interesting growth communities, 3603 Bancroft Boulevard deserves a closer look.This 2.53-acre estate homesite is located in Wedgefield, a unique Central Florida community where spacious properties, natural surroundings, recreation, and convenient access to Orlando and the Space Coast come together.And for buyers looking beyond simply purchasing a piece of property, Wedgefield offers a compelling combination of lifestyle and potential long-term investment value.Why Wedgefield?Wedgefield is different.Imagine owning an estate-sized homesite w...
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By Walter DiLoreto, Real Estate Short Sale Specialist
(PHP Houses)
You probably think as a general rule of thumb, brand new homes costs more than existing homes. But right now, that's backwards. This shows just how much.A newly built home costs about $40k less than an existing one right now. That's because builders are cutting prices and piling on incentives to keep their inventory moving.And that opens up a window for you to get brand new everything for less than you may expect.DM me if you want a list of nearby new home communities offering deals like this right now to see if a new build may be in your budget after all. Contact us:PHP Houses142 W Lakeview AveUnit 1030Lake Mary, FL 32746Ph: (407) 641-1531email: info@phphouses.comLet’s Connect:FacebookLinkedinTwitterInstagramThe information contained, and the opinions expressed, in this article are not...
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By Florida Tolbert Team Keller Williams Advantage, Keller Williams Land Luxury Division Specialist
(Keller Williams Advantage III Realty in Lake Nona)
Welcome to 8331 Bayliss Court, a beautifully maintained 2020 M/I Homes Amherst model in the desirable Deans Crossing at Little Econ community in East Orlando! This exceptional home combines thoughtful design, modern energy-conscious features, flexible living spaces, and an outstanding location close to the best of Central Florida. From the moment you enter, you’ll appreciate the spacious, open-concept design and the way the living, dining, and kitchen areas flow together to create an inviting environment for everyday living and entertaining. The gourmet kitchen serves as the heart of the home, while the dedicated first-floor office provides the perfect space for working from home, studying, or a private flex area. One of the home’s standout features is the first-floor primary suite, off...
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