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Home Buyer Tax Credit Extended and Expanded for 2010

Many of you have asked me about how the new and now expanded Home Buyer Tax Credit works. I put together this blog post to clear things up:
On November 6, 2009 the new home buyer tax credit was passed. Under the new law, an eligible taxpayer must buy, or enter into a binding contract to buy, a primary residence on or before April 30, 2010, and close on the home by June 30, 2010. For qualifying purchases in 2010, taxpayers have the option of claiming the credit on either their 2009 or 2010 return.

Orlando Real Estate Report – November 2009

Orlando's Real Estate Market Slows in November—the number of unsold homes in the Orlando area increases slightly after nine months of decline. The number of unsold homes is now at 19,724, and up from the 19,455 homes that were available in November. This leaves 269 more homes for sale in the Orlando area than one month ago.

Orlando Real Estate Report - July 2009

The Orlando area housing inventory of homes for sale is 21,519. This number reflects an adjusted made to the inventory numbers reported by the Orlando Board of Realtor. The numbers have been revised to show the total number of homes on the market, versus the total number of homes listed by only ORRA members. Since our numbers reflect the actual numbers of homes found on the Orlando MLS for Lake, Orange, Osceola, and Seminole counties (The Orlando MSA area), we feel this is more representative of the actual market.

Lake Nona Orlando Update

The much talked about Medical City in Lake Nona in Orlando is well under way. With the recent completion of the Burnham Institute building, and the UCF College of Medicine building topped out, the promised growth for the Lake Nona area is finally taking shape. The new Lake Nona High School is scheduled to open for the 2009/2010 school year. The Lake Nona High School campus will also house the Middle School.

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