http://www.msnbc.msn.com/id/47446478/ns/health-womens_health/

http://www.theblaze.com/stories/easily-the-most-insane-animal-footage-what-is-this-strange-underwater-creature/

The ocean is truly an unknown to us.

http://www.bbc.co.uk/news/world-asia-17799053

This months newsletter is no different than any I have published in the past… just my heart, soul, experience, predictions, teachings and ideas put forth onto the internet to be documented 24/7 in digital history.

Striving as always to make sure my readers get a great return on the time devoted to reading every month. After reading this edition you will yet again be the most up to date and knowledgeable person in any circle of discussion regarding Orlando real estate. With smart phones you can even get to my blog in seconds to fact check any disagreement in any circle of discussion… many a person has won a wager doing just this… I always LOVE those stories.

Well hope you have a cup of coffee and the door to your office or bedroom closed. Get ready to be educated….

JUST THE FACTS

Median Sales Price $115,000  up 12.75%  3/11 ($102,000)  also up from 2/12 $111,000

Median REO sales  $84,200

Median Normal Sales $155,000

Median for Short sales $102,000

ACTIVE inventory 8,666 down from 9,253 last month and 12,533 in 3/11 !

Closed sales  2,327  -10.95% 3/11

40% normal sales/ 33% short sales / 26% REO Sales

Pending sales  9,748   +2.78% 3/11

New listings 3,386  -18.45 % 3/11

New pending contracts  3,805  -15.96% 3/11

*67% of the pending sales are short sale listings

average interest rate 3.99%

Average days on market  97  ( 103  3/11)

ORRA April Press Release

April Market Pulse

Orlando Housing trends

Orlando 8 yr history

MSA 8 yr history

Orlando Actives by price

Orlando msa by county

Orlando recap

Orlando sales by price

Orlando sales by zipcode

Sales by county

NATIONAL NUMBERS

2.37 Million homes active for sale

6.3 month supply at current pace

4.48 Million solds in 2012 thru March

Median Sales Price $163,800

REO have sold 19% below market price in March

Short sales sold 16% below market in March

ALL CASH transactions comprised 32% of all solds

21% of homes sold were to investors in March

33% of March transactions were first time home buyers

NAR monthly home sales press release

NAR pending home sales press release

FORECLOSURES/ REO

default notices, scheduled auctions and bank repos on 572,928 properties 1st qtr 2012

Down 16% from 1st qtr 2012

Foreclosure filings for March 198,853  (lowest total since July 2007)

Florida is bucking this trend with +26% in foreclosure filings in 1st qtr

Average National time to complete a foreclosure 370 DAYS ! up from 348 days last qtr

also longest time period since 1st qtr in 2007 !

FLORIDA AVERAGE time to FORECLOSE 861 days !! only topped by NY 1,05 & NJ 966 days.

foreclosure filings up 7% from february to march

Florida 73,344  new filings in March

  Foreclosure filings down in March

Short sales up 33% and taking less time to close

Market Update

It may sound like a broken record to those who are avid readers of my blog…. there is nothing to buy !! Available inventory is at record lows and builders are just now starting to rev up there communities, still they are not competitive with resale market at this time. Not even on my radar unless you are looking to move into the home… in this case a new home fits many families perfectly.

Prices continue to rise monthly and I can not keep a listing on the market, that is priced within market ranges, for more than a few days without multiple offers.

I am seeing a lot of success in short sales, more so than ever before. In many cases we are getting approvals within 3-4 months , which was unheard of  even a year ago.

Interest rates went up a bit last month due to the bond market falling drastically ove night, but they have since stabalized and crept back down.

There has not been a home I have gone after in last 4 months that has not had at least 3 offers and in many cases up 12-13 offers within days being on the market.

Homestep and Homepath properties which I have discussed in great detail the last 3 months seem to be the only reo game in town so far in 2012. With only sporatic reo listings hitting the local market from the alrger banks. My reo teams personal inventory had a great boost 2 months ago and then the faucet was closed as fast as it was opened.

This is a huge contributing factor in the current inventory shortage and one I have predicted since last year and will continue to predict for the forseeable future. As discussed int he jsut the facts section Florida foreclsoures are averaging 861 days… that is over 2.5 years !!!

Many thanks to the Obama administration and the Democratic congress of 2010 for this.

Inventory will continue to remain steady at these low numbers with the seasonal uptick after  Memorial Day, that we experience in every market… i.e. the summer push.

Again, as discussed many times before, Orlando is seeing buyers from all sections of the world. They are flocking in and grabbing what many are calling the gold rush of Florida. Where better to invest than in the heart of the state. Orlando is considered by many as the city poised for the hardest and highest bounce back. We are already seeing this on the ground level now.

Rons Outlook….. over the next 6 months prices will continue to rise, in many areas 1-3% a month. Inventory will increase as we get closer to June but so will the buyer pool. The Mortgage debt relief act is set to expire at end of 2012 , we will see a large increase in short sale listings in the coming months. More on this in my short sale section.

If looking to buy now is definitely the time to get into the market. With so many offers on each listing it may take 2-3 homes to get a winning bid accepted. Luckily I am acheiving a huge success rate for my clients , getting over 90% of my written offers accepted since the start of 2012 ! with the majority of the 10% failure rate being clients not running with my advise on their first submitted offer with me.

INVESTORS

Competition for great buys has never been this fierce, even in the boom years of 2005-2006. I have not experienced anything like the demand and the cash investors flooding into Orlando. Prices have been steadily going up, especially in the communities I have selected over the years. The many that have listened to me are already experiencing significant equity gains in their portfolios.

As always I will provide the hottest buys on the market at time of writing the newsletter, this is not even close to the deals I come across every week for my investor pool. If you are serious about securing your financial future thru the acquisition of real estate schedule a time to discuss in depth with me what is involved and what is to be expected.

Here are the best buys under 200k :

Rons Home Runs

I can not stress enough how lucrative the mid sized investment range has become, rental shortages are driving up demand and rates. I have not had a rental unit from an investor sit empty more than 5 days this year.

The following list are homes in sought after communities with huge appreciation potential and very strong rental demand, usually extended stay tenants of 2-5 years.

Rons Best Buys

I have rehab and property managers in place to assist anyone wishing to make money during this amazing time in Orlando history. I wish I could buy them all myself !!!

SHORT SALES

If you or someone you know is underwater call me today ! time is running out on the mortgage debt relief act.

I can not stress this enough. if you wait until september to short sale you will be stuck like salmon in the stream. The act is set to expire at end of 2012, which allows you to have tax exemption from the amount of debt the bank forgives on your short sale. For a person under water 150k this is a huge amount of tax savings, when this expires you would treat the deficiency as personal income on your taxes for that year

Demand is really high right now and banks are starting to flow with the short sales, this will change as the summer presses on and more and more sellers want to beat the deadline, then you always have the procrastinators at the end of any deadline that will officially clog the system to a halt.

Why wait until it is too late, my services are paid for by the bank and I have several different negotiators to fit every families needs.

If you know someone you care about that is in this situation, the best thing you can do is tell them to call me immediately.

HOT LISTING

You have to check out this amazing home I have just listed. Gorgeous custom home with many High end touches. Sitting on Lake Sawyer with peaceful views of the lake and nightly Disney Fireworks, complete with covered dock and the 23″ ski boat stays on full price offer !. The pool is completely over the top  with swim bar, huge hot tub, gratto and even underwater speakers. A summer kitchen worthy of the finest grill master on earth and more electronics in this place ( I think you can launch a shuttle)… this is what Florida lake front is all about…

DREAM HOME

Rons Rant

Want to complain about the GSA but it is just too easy… it is like beating up a dead horse.

Would like to ask, why are congressional hearings beign ordered top to bottom on every agency? with unemployment so high I am sure we can replace any of these geniuses with someone at a soup kitchen even. That would probably be a huge improvement in the end.

I am more upset that this is looked at as a shock by the media and members of congress. I have been writing about excessive waste in our goverment for years on my blog. In fact this entire rant section is comprised of stories about corruption in our once great nation that boil my blood.

Speaking of government waste, Have you heard of the newest agency developed by our great gay prostitution pimp in congress Mr Barney Frank (cant make this sh@$ up, yep he ran a prostitution ring in the basement of his own home over 3 years ago yet he is still in congress and in fact still destroying our country)

The OFR  , the office of financial research…. developed thru the dodd frank bill that has plummeted our country further into the recession, that I call a depression. This agency has no limited budget, how lovely is that. No oversight and get this … they can pass tax increases and fees onto financial institutions without approval from congress even… sounds  like a CZAR on steriods !!

speaking of Czars, which I have discussed so in depth during 2008 in my blogs, this is the most absurd part of our government and yet it is still in place? how is this… Van Jones was a Czar? the Czar for education Kevin Jennings, wrote the book  Queering Elementary Education ?  I can go on for pages on this group of characters.

 Speaking of our wonderful federal employees ,  did you know 98,000 of them owe over 1 BILLION in unpaid income taxes ! Well if our Secretary of the Treasury , Tim Geitner, doesnt pay , why should they I guess?

Why is Obama taking credit for any oil production in our country? He has repeatedly shut down drilling on and offshore, given 2 billion of our tax payer money to Brazil for their offshore drilling and he has cancelled the Keystone pipeline on 2 occassions. Lies apon lies. ANy oil prodcution we do have is solely due to Pres Bush. Just like Obama takling credit for Bin Laden, it was Bush and Cheneys interogation approvals that fostered that information.

Obama’s building of the $750,000 soccer field at club gitmo didnt generate the information necessary… again can not make this stuff up.

We need to drill for oil and drill now, North Dakota has experienced an economic explosion in their local area due to drilling, Mc Donalds employees are making 20-25 an hour there ! Can you imagine what would happen if our leaders drilled everywhere they could in our country?

Our unemployemnt would not be 8.2% (which is actually 21-24%). Do you know the bureau of labor statistics has changed the formula for establishing unemployment rates now 3 times since Obama has been in charge ? The third change just was implimented recently and it  is a real humdinger! Now unemployed are not only  NOT counted if they just give up looking and take government entitlement… now they are not counted after 4 weeks of not making one application… this is why the rate is so low on paper. Not to mention all the low level jobs being created are counting directly against higher paid production and research jobs that we are losing.

 We lost 386,000 jobs last month… these are documented new claims in one 4 week period? The experts were off, expecting 375,000… we have a serious problem when we are expecting these types of job losses every month, a leadership investing in failed energy policies and snubbing ones that work. 

I can go on and on, it is disgusting to me what is important in headline news and what is ignored. Weeks on the Martin murder case …. making Sharpton and Jackson look like heroes when they are in essence, ambulance chasing hate mongers. Meanwhile secret service immediately jumps on Ted Nugent for speaking his mind. The army cancelling his concert tour for the troops .Not to mention all the racial hate being spouted by the Black Panthers or that Al Sharpton gave the Easter Prayer at the white house this year…again cant make this stuff up.

This president has successfully divided our great nation thru class and race agendas and will campaign on the tax payers dollar all the way until the November election, raising billions campaigning when he is not on vacation. The best the conservative cause has to put up against this machine is a RINO (republican in  name only) that believes in government controlled health care. I am happy he is an entrepreneur, that is one great point.

One last item… Pelosi and Obama lied to us on the actual costs of the health care plan (can you imagine that?), undershooting it by 90 BILLION. What? the cost was absurd to begin with and 90 Billion  more and that estimate climbs every month they run the numbers… this also does not calculate how it will cripple small business… which is one of the main goals of the program… big government and unions do not mesh with small business and what I believe in the American Dream.

What do I know, I am just a Realtor… draw your own conclusions. I have provided links to what some may consider more controversial statements for the nawsayers. You honestly could not make these outlandish claims up, it blows my mind that these facts are taken place in front of us, on American soil?

Thats enough this month. Could write a novel on what I know.

  SUMMARY

Every month I strive to deliver an honest and direct newsletter to my readers. I do not know of any real estate newsletter that provides more data, links and housing trend statistics in one convenient format. Let alone one that has predictions that ring true in such accurate fashion ?

I also have over 4 years of newsletters on this blog for all to read and fact check. My predictions have been accurate on real estate and in the political and economic fronts as well.

There is always a strong emphasis to provide you with the boots on the ground report, not some sensationalized outdated headline that we see in mainstream journalism. The fact remains that I do this everyday. I am blessed to do what I love to do and have been fortunate enough to reach the point in my career where I select who I want to work with and what I want work at.

This is why I love what I do, I truly care for my clients and the advice I give to each one is as honest and accurate as can be. Some would say I work 14 hrs a day, I always say I do what I love 14 hrs a day.

I dont say this to be a ham or sappy, I say this because it is true, I am one of the luckiest people in the world.  I get do provide my family a nice life while doing something I love to do… I sell the American Dream. I also get to pass along my knowledge to ensure my clients make the right decision everytime. My life has been enriched by thousands of people I have met over the decade plus of selling Orlando real estate.

A heart felt thank you to all my clients/ friends that refer business my way. It is the reason for my succes. I will never take it lightly. My goal is always to have the friend you refer to me to thank you sincerely after I achieve their goals.

Thank you for taking the time to read my newsletter, I spend alot of time on it.

Please continue to forward my website to everyone you know… knowledge is always power and I have yet to read a newsletter in any professional field that delivers more knowledge in more areas that my monthly newsletter (if you know of one send it my way please)

Until next month, take care of you and yours. God Bless our troops defeding our freedom overseas and the families they leave behind.

http://www.orlrealtor.com/?page=MondayMorningQtrbk

http://www.orlrealtor.com/resource/resmgr/market_info_weekly_report_2012/2012.04.02.report.pdf

 http://www.latimes.com/news/nationworld/nation/la-na-immigration-residency-20120331,0,1148661.story

Let me do my best to give you the highest return on the next fifteen minutes you will be investing on reading my newsletter…

JUST THE FACTS

Median sales price $110,000  up 15.8% from 2/11  $95,000

REO median sales Price $80,000   ($74,000 2/11)

Short sale median sales price $100,000 ($95,000 2/11)

Normal Sales Median Sales Price $150,000  ($155,000 2/11)

Current Inventory  9,253  (16,563 2/11… 31% decrease )

new listings 3,323

February closed sale 1,854

40% were normal sales, 33% short sales 27% reo

3.92 % average interest rate on closed finance deals  * lowest rate since tracking started in 1995

Pending sales 9,348 70% of these are short sales !

new contract pendings 3,475

average days on the market 96

Homes sold for on average 93% of asking price

Current inventory supply 4.99 month … first time under 5 months since 2005, anything under 6 is healthy, anything under 5 is a market favoring sellers.

NATIONAL NUMBERS

4.57 Million existing homes sold , up from 4.54 million in January of 2011

2.31 Million active lisitngs on MLS nationwide

6.1 month national supply at current pace

Median national sales price $171,881

national average days on market 103

31% of all transactions are all cash

47% of transactions closed on time… less than half

21% has delays

33% experienced failure

12 month national home sales report

NAR pending home sales report

FORECLOSURE NUMBERS

total distressed sales for 2011 short and reo- 907,138 for 2011

23% of the entire national market

9% short sales and 14% Reo

last quarter of 2011  88,303 short sales closed

Median short sale price $184,221

Short sales had an average 308 days on market before closing

REO closed in 4th qtr of 2011 ….115,777  down 12% from a year ago

REO median sales price $149,686

Average days to close 175 days

DS News foreclosure report for 2011

More wonderful news….

4th quarter of 2011

Underwater homeowners increased to 11.1 Million households, 22.8% of entire housing market

up from 10.7 million in 3rd qtr

Households with less than 5% in equity is at 2.5 million households thats a total of 28% of the housing market combined.

This makes up $2,800,000,000 in debt on these properties

The states with the highest level of negative equity were Nevada (61 percent), Arizona (48 percent), Florida (44 percent), Michigan (35 percent) and Georgia (33 percent). These five states had a combined average 44.3 percent of the share of negative equity, whereas the remaining states have a combined average negative equity share of 15.3 percent.

Out of the 11.1 million borrowers with underwater mortgages, 6.7 million had first liens with negative equity, and the remaining 4.4 million had first and second liens.

DS News negative equity article

Foreclosures spike in January

Here are links to the most comprehensive data regarding the Orlando housing market you will find in one place:

ORRA market update

ORLANDO MARKET PULSE

Housing trends Summary

Orlando 8 yr history

actives by price

orlando msa by county

orlando recap

orlando sales by price

orlando sales by zip code

Orlando housing report video link

NAR existing home sales report

Existing home sales chart

Existing home sales single family

Market Report

Since my last newsletter was only release 2 weeks ago due to the website being compromised by malware virus I am not going to go to indepth on current market because nothing has really changed.

Inventory is 32% off what it was last year, interest rates are at historical lows and good properties are sold in days under 400k… nothing has changed, if anything it has become even more competitive out here.

I want to spend some time on what buyers are up against in this current market. Many are still under the impression the sky is falling and it is a buyers market. It is in fact the opposite. The only difference between what is going on right now and what happened that started the housing bubble of 2005-2007  is that  “normal sellers” are not able to get in the game. Prices are still far too low for many to sell unless they short sell.

I have discussed this viscous break in the normal real estate cycle many times but I can not stress it enough. During the boom of 2005-2006 inventory was in short demand in the area from many factors…. easy credit was a major factor because it brought many “rookie investors” into our market place to drive up prices and put huge strains on inventory. another unknown that is never discussed but was a major player was the 2004 three hurricanes than ran thru the state. It put massive strains on housing permits because the government permitting departments was inundated with thousands of roofing permits they were not equipped to handle. Couple this with the major shortage of building supplies due to the hurricane damage and shortage of gypsum (which in turn brought us chinese drywall), the new home starts were drastically cut down.

So much so that builders had lotteries to just be lucky enough to get the right to purchase a new home, people slept days in line for the opportunity, builders shunned Realtor involvement at every chance and raised prices almost after every lot sold. Many builders selected everything for the spec. builds and buyer still lined up to buy them.

This caused many to start looking at resale, if new was selling at 400k , that resale across the street is looking really good at 350k. and then it went like a freight train.

The difference now is that that resale seller cannot re enter the market as a new buyer of what was typically a larger home in the community. If that resale occurs now , it is a short sale, knocking that seller turned buyer out of the market for at least 2 years…. turning them into a renter.

Point to breaking this down is the market is not made up of owner occupied buyers for the most part. The majority of the buyers especially under 300k are investors looking to buy these homes to rent them to this new class of renter… one that was able to qualify at one point for a 450-700k home that is now worth 250-400k.

To understand market cycles you need to understand what drives them. This is the only way to predict what is going to happen in the future with any accuracy. Our current market is mirroring what I saw in the 2005 run but with many differences that need to have light shed on them. New home starts are at all time lows, mimicking the 2005 issue discussed above but for different reasons, builders have no profit margins in many locations to compete with the distressed sales in surrounding existing communities. Inventory is low , but this time around it is artifically controlled by the banks and the government.

The media is 6 months behind in their data and will start reportiing about the housing recovery when prices are already risen about what I would consider attractive investment ranges. I still laugh about a piece on the local news in early 2008 covering the investment boom and how it is a great time to buy … my investors were selling their 2003-2005 acquisitions and smiling to the bank.

Like I mention in the just the facts area…. 11.1 million households underwater. Short sales are going to continue to dot the landscape. SHORT SALES are the most viable way for a financed buyer to obtain a winning bid.

 REO listings sell the majority of the time to cash buyers. REO listings look attractive but after you add up the new appliances, lawn, carpet and paint… many financed buyers are putting more into repairs than down payment for the loan.

The only REO product that favors the owner occupant financed buyers are the homepath and homesteps products… I have discussed these in great lengths months back but in essence they are government foreclosures and they block investor offers for first 15 days. They are also repaired so they will pass FHA loan guidelines , new paint, carpet and appliances.

IN SUMMARY- long winding road to the end… I am trying to break down many complex factors to allow you to see why I believe the market is poised for another drive up on pricing in this area, even though many “experts” say it is going to be stagnant. I have never seen one of these “experts” on the other side of one of my contracts? Keep in mind many “experts” in energy advise Obama administration that drilling for oil is not necessary and that investing in solar power companies and chevy volts are the best way to spur our economy.

The stage is set for higher prices to continue, maybe not in kansas or ohio but in central florida no doubt in My mind. I do not foresee us getting anywhere near the levels of 2007 and many will be forced to short sell their homes in  the coming months.

SHORT SALE SELLERS

Anyone considering a short sale better call me sooner than later, Obama administration has not extended the Mortgage debt relief act  protecting home owners from 1099 tax implications on deficiency amounts. THIS IS SET TO EXPIRE at end of 2012 and with the government looking for more tax dollars who knows if they will extend this.

If you or someone you know is underwater in their home and thinking of selling in the coming years they need to call me asap. From what I understand this debt relief is based on the day the property closes and short sales take from 3-8 months or longer to close, we need to get it on the market sooner than later.

 Short sale sellers do not pay for my representation, it comes out of the closing of the sale. You get the best in town for free

INVESTORS

Rentals are in very high demand and short supply, nothing sits long if asking market rent. Prices are continuing to rise and short sales will only increase, driving up the rental demand even more. Best deals are in the 250-400k range. Easiest ones to rent are obliviously 75-150k but prices are going up 2-3% a month currently in this price range. Competition has never been as fierce.

As always I provide a link to the hottest buys of the day.

Rons Investor Hot List

I can not stress enough what a great opportunity this current market has presented to investors. If you are serious about investing you need to call me to discuss how to get on my home run list. The best buys are gone in hrs.

Rons Rant

My opinionated piece with topics that range the gamut but not real estate related. Just random statements to provoke thought and in many cases uncover unreported issues and topics that interest me that I feel may interest you. I am pretty sure you will not find writings like this on any other Realtors newsletter, but then again I’m not like every other Realtor…and were off…. 

 I have never seen a president exploit the tax payers more thanour campaigner -in-chief and his cronies.

Everywhere he goes, it is over the top fan fare, security and A list celebrity guests all to raise money for his campaign at our expense. This is unbelievable. Wonder when he is going to use those multi million dollar buses again that he used on his “road trip” across America…. which was really flying buses on C-17s from location to location with occasional photo ops. what a great carbon footprint that is !

Here is what we spent our money on just two days ago, while the Seminole County School board has to decide if it has to lay off 50 school teachers for a 16 million dollar budget short fall?

http://www.foxnews.com/politics/2012/03/14/obama-hosts-star-studded-dinner-for-british-pm-cameron/?test=latestnews

 When  losing 351,000 jobs in one month is seen as a good thing ?

http://www.foxnews.com/politics/2012/03/15/unemployment-benefit-claims-drop-to-351000/?test=latestnews

The bottom line is we as a country have lost 2 million jobs in manufacturing that will never be replaced while the current administration is in power with their corrupt schemes and lack of vision. Spending billions on failed alternative energy. If Obama and his self appointed Czars would have put that much cash into infrastructure and just let companies drill for oil and gas we would have been out of this economic disaster along time ago… instead unions , TSA, EPA and IRS are the only ones hiring. None of which generate any new wealth for our country.

North Dakota is a shining example of what happens when we are allowed to tap our natural resources and free market runs the economy.. It is the fastest growing economy in the nation. real estate market has doubled almost overnight… McDonald’s is paying over 25 an hour for starting help.

NORTH DAKOTA ARTICLE for those that are unaware

Just when you think things cant get any worse with the lies, incompetence or deceipt of this administration against the America People… guess what you are so wrong.

YOU PROBABLY ARE HEARING THIS ONE HEAR FIRST

Obama just gave Russia 7 islands off the Alaskan coastline ! Yep America just gave (for free) Russia 7 Islands off of Alaska… and guess what they are loaded with…. Oil. You will never see this in the news but it happened in total secrecy. So much for an open administration here we can see everything and review it before it happens Obama !

http://www.wnd.com/2012/02/obamas-giveaway-oil-rich-islands-to-russia/

Here’s another shocker, guess what was reported in the news… Obamacare will actually cost approximately twice as much to the Country as first stated when they rammed the bill up our asses…. go figure… I said this the day it was passed …instead of 900 billion… oops 1.76 TRILLION…. you really cant make this stuff up.

sickening…

http://www.foxnews.com/politics/2012/03/14/cbo-health-law-estimate-shows-much-higher-spending-beyond-first-10-years/

Enough on this I’m going to throw up.

This is just an amazing innovation to the tried and true .45 caliber pistol….

double barrel .45 

Gun sales are at record levels since Obama has come into office and amazingly homocides are down sharply because of it.

Back to sickening… this is the testimony of the first occupiers arrested in Wisconsin last year when they caused millions in damage to the county courthouse…. these people have a vote that counts as much as mine does… disheartening to say the least.

Everyone gets a trophy generation on trial

I am very concerned about what is happening in Afghanistan… we have our men and women trying to protect this 3rd world country from tyranny. We have spent hundreds of billions, we burn a few Korans on accident that were defiled by the original owner to begin with and they use it as a reason to kill our troops? Then a rogue soldiers does the unthinkable. what are we in for next , this is not going to end on a positive note.

Lets also not forget what I have mentioned several times in the past, we discovered the largest lithium vein in the world and just handed the rights over to them. Lithium could prove to be the most valuable element on our planet as we develop technology. If technology can advance in my opinion this could be our next alternative fuel. We are far from this point currently. The  current value of this find we surrendered is 1 trillion dollars…. your welcome Afghanistan

http://www.nytimes.com/2010/06/14/world/asia/14minerals.html?pagewanted=all

One last political item, Im tired of social issues dominating our headlines. When does a college student who has sex with 100 guys become relevant. The democratic playbook is so obvious and yet it is rammed down our throat… very disappointing to see liberal agenda consistantly brought to the forefront when what really matters in thsi country is energy, jobs and housing… all of which are solved with energy.

I am very confused on why Newt Gingrich is not the front runner in the GOP… why did we let the media take this man out,. none of the candidates are amazing but at least Newt had the core principles…. and I like he is a smartass…. As far as quality of the candidates, I am disappointed election after election that this is all we can muster thru the system. It amazes me to know end.

take minute to read this letter, it is a plan that solves our national debt and blows up our economy, it also is a plan I discussed in detail over 3 years ago in my newsletter:

Game plan to make America debt free

Ron the Realtor Accomplishments

Currently Ranked Number 25 in the entire state of Remax Agents

Currently ranked number 42 in the Orlando MLS for total volume sold in 2012 this Year

Remax Properties SW Top selling team 2012 to date

Summary/ closing

Thank you for taking the time to read my newsletter. I hope you have found the time well spent. I strive to keep my clients at the forefront of the real estate market with direct discussion and keeping the facts just that…the facts.

I am very blessed to be able to do what I love to do. I am nothing without my clients and for that I thank you for your confidence and your loyalty to me. 2012 is going to be one of the most amazing years in this country, so much is at stake on so many levels. I look forward to the future. The recent past has been so bad that it has no where to go but up.

I am very excited about what is happening in my local market place, I have yet another opportunity to help create wealth for my clients. I am 100% confident that those who invest in my hand picked properties are going to have top performing assets in their portfolio for many years to come.

The greatest way to wealth in this country has and always will be thru the acquisition of real estate. Right now America is on sale like never before. Majority of my investor pool is comprised of savvy foreign investors that know what I know… prices are going up.

It is going to be an amazing year.

The greatest compliment one can give me is to recommend my services with a kind word to friends and family. This is why I am so successful… I never concentrate on just the one purchase, I concentrate on my clients future goals. I am your Realtor for life. I will be there when it is time to sell your home. I will be there when the portfolio matures and it is time to reap the rewards from our past planning.  Heck I couldn’t think of doing anything else but real estate, they do not call me Ron the Realtor for nothing

 Take care of yourself until next month,my pone is always on for you.

http://www.orlrealtor.com/?page=MondayMorningQtrbk

I cant believe it either… here is the article….

http://www.wnd.com/2012/02/obamas-giveaway-oil-rich-islands-to-russia/

just repulsive.

On to the most comprehensive real estate newsletter on the web….

Just the facts:

Orlando:

Median Sales Price  $108,000 up from $94,000 1/11

Median sales price Normal Sale  $140,000

Median Sales Price Short Sale   $90,000

Median Sales Price for REO  $85,000

Pending Sales  8,709  72% of these ae short sales !

Current Inventory  9,258  DOWN 38% from 1/11

5.52 month supply at current pace

Average days on the market 96 Days

ORRA Market update

NATIONAL STATISTICS:

4.57 Million homes sold in 2011

Median Sales Price  $154,700

Total Inventory  2.31 Million

6.1 month supply

31% of all transactions were all cash in 2011

33% of all contract failed to close

41% of contracts closed on time

NAR existing home sales report

DS NEWS housing stats

FORECLOSURE STATS

6,082,000 Homes are at least 30 days delinquent on their mortgage

3,998,000 of these have yet to be referred to foreclosure attorneys

1.772,000 are at least 90 days late

7.97% deliquency rate

210,941 foreclosure filings for January

1 in 624 households  received a foreclsoure notice in U.S.

DS NEWS foreclosure update

Here are some great links to current and accurate housing data….on top of all the additional links I provided above…

MARKET PULSE

Single Family Home weekly update

Housing Trends Summary

MSA 8 Year History

Orlando 8 year history

Orlando Actives by price

Orlando MSA by county

Orlando Recap

Orlando sales by price

Orlando sales by zip code

Sales Volume by Counties

MARKET UPDATE

As I do every month, I am going to give you the boots on the ground real story of what is going on in the market place. We continue to experience a massive inventory shortage, one I have been discussing in great depth for the past 12 months.

Any property priced within market value is receiving multiple offers with in days. I am experiencing aggressive terms that I have not seen since the boom of 2005-06 including escalation clauses and 100% in escrow offers.

The shift in the market place is the artifical reduction in inventory, like discussed many times before , “normal sellers” can not sell for what the distressed market is achieving. Obama changed the appraisal rules in 2008 and they have wreaked havoc on our countries property values.

A home that has been cared for with power on , all its appliances, a lawn and no mold receives at maximum a $10,000 added on to its value to the home that sold down  the street needing 35k worth of work to get back to equal condition.

This major issue has basically destroyed the local real estate cycle over the last 4 years. Sellers can not sell to buy a larger home down the street without brining sizeable amount of cash to offset the deficit from mortgage balance and current appraised value. If they need to sell they become a short sale and their credit is ruined and takes them out of the market all together.

This coupled with the  constant onslaught of government regulation &  penalties on the major banks, the massive shadow inventory on their books and the practically non existant new housing starts has created the exact environment we experienced in 2005-2006. Only difference is that prices are half off of that time and the buyers are anywhere but local.

Prices across the nation are down but prices in Central Florida are steadily rising, especially in the area I concentrate in of SW Orlando. Central Florida is the perfect storm for the housing recovery. I have discussed this too many times to repeat it here again.

I easily see a 20% increase if not more in median sales price over the next 12 months in the area I call my back yard. I would not be surprised to see certain pockets rise 25-35%, especially in the 100-200k price range.

INVESTMENTS 

The biggest issue I am having right now is having enough to go around. There has truly never been a better time to secure your financial future thru real estate. It has been proven throughout history that Americas Wealth has typically been generated thru the ownership of land and real estate,

The cycle of the market is proven over histroy, we hit bottom in Orlando at end of 2010 and have seen steady increase since. This increase is picking up momentum and I do not see an end in sight.

I am hard pressed to even present to you a top 10, the majority of these homes are just waiting for final signatures from a multiple offer bidding war, REO inventory is 30% off what it was a year ago. Even with the increase in deliquencies nation wide, the regulations and defenses against default are just dragging this out to unheard of proportions:

RON THE REALTORS HOME RUN LIST

Short sales as a whole are getting quicker to close, University of Massachusetts just released a study that short sales receive 24% more than REO sales. This has been released and the banks are starting to cave from these pressure.

I have mentioned and detailed many times why the short sale is profitable for lenders and have never understood their delays and reluctance. It truly backs up my statement that common sense is not common in the banking industry now….

I have posted this video a few times before and is still a great example of the craziness going on:

http://www.youtube.com/watch?v=ssl5yb7FewA

Short sales need patience but there are major buys with these typoes of sales for investors due to the fact they are in many times occupied by the defaulting hoem owner and maintained to some extent until closing…

Ron the Realtors Short Sale Hot List

Like always, if you are serious about investing you need to be on my Home Run list. My top investors are notified immediately of any amazing buys and then it is a first come first serve basis.

With rising prices now is the time to get in the market. Rents are continuing to rise as well. with the rise in defaults, there is a direct rise in future tenants

Rons Rant

I want to bring alot of off real estate topics to the surface but my time is very limited today….

Let me first state that our campaigner in chief spent over $600,000 on travel alone to visit the windermere home of vince carter for a private fund raising event last weekend on our taxpayer dime. This while Mrs Obama was on her 16th vacation in 3 years, skiing in aspen. I cant believe our unemployment is so high with the amount of additional secret service our ruler needs on a daily basis.

When have you ever heard of An American President going to a club with athletes, well that happened this weekend too, with secret service basically shutting down Orlando so Obama could hob knob with dwayne wade and lebron james at a downtown nightclub, the drinks had to average out to over $125,000 each.

On a separate topic, I spoke of the discovery of a disc like object on the sea bed of the baltic sea back in august that many believe is possibly a ufo…. why have we not sent a video sub down there at the very least to explore this? I swear the Peter Principle is alive and well in every corner of our world. It has been 6 months and we have yet to check it out.

http://news.cnet.com/8301-17938_105-20087038-1/mysterious-ufo-like-object-spotted-on-sea-floor/

Most disturbing…. I bet you never even heard of this, yet it happened over 2 months ago and could possibly wipe 85% of the world population off the face of the earth…. Apparently some scientist in the Netherlands approximately two motnhs ago decided it was a great idea to mutate the H1N1 virus so mammals can transmit the disease. Well they were successful and it is now sitting in a petri dish over there waiting to be mishandled or fall in the wrong hands. The result will be a pandemic the world has never witnesed.

There have been talks of nuking the facilty even. Which I am all for. I cant believe what we do as humans. I read the story months ago and it has been removed from all U.S. publications, this is the only article I could find referencing the event and it is from Australia:

http://www.smh.com.au/technology/sci-tech/controversial-armageddon-super-virus-recipe-to-stay-secret–for-now-20120220-1thwy.html

I cant find anything anywhere on this but I know everything about lindsey lohan and what the Kardashians ate for lunch so I guess it is a wash.

Disturbing. We have enough issues in this world without some idiots in the Netherlands mutating the already most feared disease of human kind. Maybe they should be working on a cure for cancer if they have this much free time.

Now for frustrating… how many times will Obama apologize for the accidental burning of the Korans in Afganistan. When are we going to hear an apology from Afgan government regarding the massacre of our troops this week by an afgan army officer?  The whole thing is appauling. How many more billions will we send this backward country that hates our guts?

I can go on with many other topics but I think government waste and incompetence, the end of days and ufo sightings is enough for one rant on a real estate monthly newsletter

Summary

Prices are rising, inventory is low and we are experiencing amazing success rates on our short sale program. In fact the last 7 we have done, we have had the sellers approved for at least $3,000 in HAFA funds and all 7 have received official no deficiency waivers. If you are underwater and need to sell call me today, the program is of no cost to your family !

Achievements

Currently ranked number 30 for total sales volume in entire ORRA MLS, number 48 for 2011 final rankings !

Earned number one sales team for remax properties yet again in January, number one for 2011, 6th year in a row.

As always, please pass along my name and a kind word to anyone you know that is need of real estate services. My business thrives solely on the referrals of my past and present clients.

My phone is always on for you if you ever have a question just reach out and ask.

Thank you

Your Friend and Realtor,

Ron