12% of Poinciana home inventory listed as short sale

Poinciana Florida near Kissimmee currently has 630 active residential listings according to recent MLS statistics. Of those 630 homes currently for sale, 78 or 12.38% are described as being conditional upon a lender approved short sale.

MLS records indicate that thus far in 2008, 23 homes have sold with only 1 home being described as a short sale situation.

Contact us to obtain detailed information about the Poinciana real estate market.


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What Central Florida city has the most foreclosed homes for sale?

Watson Realty’s Kissimmee office leads the way in 2008

Orlando real estate listings for sale


- Greg Staker - Watson Realty Corp. - 407-304-0255

I am now the Broker/Manager of Watson Realty's Kissimmee office

It will be official March 1 but I have already spent the past two days in Kissimmee getting comfortable with the office. Kissimmee has been the #1 Central Florida Watson office year after year.

I am excited about the appointment and opportunity that the Kissimmee office offers.


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Watson Realty announces new manager appointment

Watson Realty announces management change in Orlando

An interview with Watson Realty's Central Florida Regional Director Ken Bennett .


- Greg Staker - Watson Realty Corp. - 407-304-0255

Is the home you are buying in a neighborhood that is environmentally friendly?

Perhaps you are considering purchasing a home in a specific area and you are curious about environmental issues for that neighborhood or area. You will be happy to note that the EPA has set up a web page that allows you to check an area by zip code for environmental issues.


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Are you looking to buy a home with a big backyard?

Orlando real estate - Selling your home tip #1.

Should you buy a home in "as is" condition?


- Greg Staker - Watson Realty Corp. - 407-304-0255

Real estate school starting in Orlando

Are you interested in obtaining a Florida real estate license? Here is a great opportunity. Watson Realty real estate school will be starting on March 31, 2008. There will be special pricing of $99 + $40 for the book. Email or call for more information.


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Code of Ethics training to be held in Kissimmee

Florida now requiring more experience before obtaining real estate broker license

Kissimmee real estate school starting in August


- Greg Staker - Watson Realty Corp. - 407-304-0255

No photo - no listing - MLS rules and regulations

The MLXchange Board of Directors passed a new policy that will not allow a listing to go “live” in the system unless there is a picture of the front of the home entered at the same time as the listing data is entered into the system.

Additionally, in the past the MLS contracted a photographer to take a drive by picture of new listings if the agent did not opt out of the option. This is no more.

Agents will now be responsible for taking at least 1 picture of the front of the home and having it ready when the listing is entered.

Why do agents have trouble with the concept that pictures are worth a thousand words? Why must they be threatened with fines or delays with uploading data for failure to enter pictures? Are the sellers aware that they are receiving less than extraordinary service by the failure of their agent to understand the marketing importance of photographs?

Come on agents, take the picture, no check that, take the 10 pictures of your listing that the MLS allows you to upload. Your seller, potential buyers and your fellow agents will appreciate it.


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You don't know what you don't know about selling real estate!

Free report on why your home did not sell.


- Greg Staker - Watson Realty Corp. - 407-304-0255

City of Kissimmee will be building homes

Kissimmee plans to build 3 affordable homes. Construction is to begin in March.

Kissimmee To Build Low-Income Housing - Central Florida News 13


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Buy a handyman special

Come home to Kissimmee. Lovely Kissimmee 4 bedroom home for sale.

Buying a short sale home in Kissimmee


- Greg Staker - Watson Realty Corp. - 407-304-0255

Kissimmee property listed by Watson Realty

Watson Realty plays a huge role in the Kissimmee real estate market. We list and sell property successfully in Kissimmee because of our professional sales team and their ability to understand what it takes to sell a home in Kissimmee regardless of the market.

Here is page where you can search for property for sale in Kissimmee.


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Holiday homes for sale in Florida

7% of Kissimmee listed home inventory are foreclosures

Osceola Florida real estate market


- Greg Staker - Watson Realty Corp. - 407-304-0255

Watson Realty Corp. offers a new Orlando M/I home

2008 M/I home in Orlando
5 bedroom
4 bath
3380 square feet
Fabulous gated community
Builder may contribute to closing cost

$348,990.




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M/I Homes named preferred builder by Watson Realty Corp.

New homes planned for Deland

New development possible in Deltona


- Greg Staker Watson Realty Corp. 407-304-0255

Home builders pull in the reins on new-home production

In an ongoing effort to curb the excessive inventory, housing starts in January saw little movement.

“Builders continue to do what they need to do to reduce the inventory of units on the market, both by limiting new production and pulling fewer permits for new homes,” said Sandy Dunn, a home builder from Point Pleasant, W. Va., and newly elected president of the National Association of Home Builders (NAHB).

View the complete Builder's press release.

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Builders confident buyers will take advantage of tax credit

Florida Senators vote in favor of foreclosure bill HR 3221

Don’t get scammed buying land in Florida


- Greg Staker - Watson Realty Corp. - 407-304-0255

Help for Florida distressed borrowers

From the Mortgage Bankers Association web site:

"The mortgage lending industry is engaged in an historic effort to assist distressed borrowers. Lenders want to avoid foreclosures whenever possible, and government and private-sector efforts to work with borrowers to avoid foreclosure are starting to take hold. "

Read the complete mortgage banker press release.


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- Greg Staker Watson Realty Corp. 407-304-0255

The Osceola County Citizens’ Academy

This is a 14-week program of meetings to help educate citizens of Osceola County about the government and the services provided. Classes are scheduled to start on March 6th. You can find more information at this Osceola County press release.


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St. Cloud Florida to celebrate 100 years


- Greg Staker - Watson Realty Corp. - 407-304-0255

Do you provide a CCMA for your home selling customers?

A CMA or comparable market analysis is what an agent will provide a seller at the initial listing appointment. This report provides recent real estate activity in the neighborhood, sub division or city to use as comparable for the seller’s home in order to determine a property market value.

In normal times the initial CMA is all that is needed to confidently place a home on the market with legitimate expectations of procuring a buyer.

Today’s challenging market requires additional effort on the part of the agent and seller in order to be sure that the current pricing of the property is keeping in line with the changing market. As the average days on the market increase and sales prices decrease, real estate agents should be providing a CCMA or continuous comparable market analysis.

Continuously updating the original market analysis for the seller may provide data that will help the seller make an informed decision as to the pricing and price enhancement direction they may need to take. Has a larger home come on the market for less money? Have similar homes in pricing and size expired with no offers? Are there new pending homes to report? Is there new sold data to consider? Not knowing what is happening in the market since the initial listing appointment can be costly to a seller.

If you have your home listed and you are in a market slow down or market correction area, ask your agent to provide you with a continuation of your original comparable market analysis in order to be confident your home is still being offered at a competitive price.


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- Greg Staker - Watson Realty Corp. - 407-304-0255

Communication is a key ingredient of a successful real estate transaction

For those who hire a real estate agent to assist them with selling their home, it should be expected that their agent would keep them in the loop throughout the process.

Unfortunately this is not always the case.

Communication is one of the vital keys to realizing the goal of selling a home. Here are a few examples of the communication that should take place between a real estate agent and their customer.


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Watson Realty - Customer Testimonials


- Greg Staker - Watson Realty Corp. - 407-304-0255

HUD offering free foreclosure seminar in Orlando

Preventing foreclosure is the topic and is free to homeowners who would like to attend. It will be held on Saturday, February 23 from 9 a.m. to 1 p.m.

Preventing foreclosure, short sales, credit counseling and down payment assistance programs will be discussed.

This even is being held at the Plaza Theatre, 425 N. Bumby Ave. in Orlando.

Call 407 648-6441 to register.


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HUD is coming to a theater near you

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Help for Florida distressed borrowers


- Greg Staker - Watson Realty Corp. - 407-304-0255

Kissimmee real estate agents for Watson Realty lead Central Florida

2007 numbers for Watson Realty of Central Florida show the Watson Realty agents of Kissimmee leading the way for most production in the year 2007.

Top 5 offices for closed volume in Central Florida were:

Kissimmee
Orlando SW
Longwood
Clermont
Maitland

Kissimmee’s office also led the entire company with total closed units.

The Kissimmee office is located at 1950 E. Irlo Bronson Memorial Hwy


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Kissimmee housing statistics - 2007


- Greg Staker - Watson Realty Corp. - 407-304-0255

Plan developed to end Central Florida homelessness

On Wednesday, February 13, the working Regional Commission on Homelessness will finalize its recommendations aimed at ending homelessness in the Central Florida community... read more


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VA is helping reduce the homeless population among veterans


- Greg Staker - Watson Realty Corp. - 407-304-0255

How credit scores are determined is about to change

I wonder how this will impact the housing market? Interesting article from the Better Business Bureau.

Your credit score will help determine the interest rate and term of your home loan. Contact us to be pre-qualified for a home loan.


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Watson Realty business increased in June


- Greg Staker - Watson Realty Corp. - 407-304-0255

Orlando buyers are asking about homes for sale

The past 2 weeks have seen an increase in the number of floor calls our agents have received. A floor call is generally a buyer who has seen a sign, read an ad or saw a listing on our website or craigslist and calls into the office to receive additional information.

The up-tick in the number of calls is encouraging to the agents. While I would never consider it as a sign that the market has somehow miraculously changed, it does provide additional proof that regardless of the current conditions, there are those people looking to buy.


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- Greg Staker - Watson Realty Corp. - 407-304-0255

Orlando home prices are within reach of potential homebuyers

The median home price reported in the Orlando area of $222,250 means that more homebuyers earn an income that supports this price. The median State income of 51,392 qualifies potential buyers for 7000+ homes currently on the market in the Orlando area.


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Florida home prices increase by 26%

Americans believe home prices will increase


- Greg Staker - Watson Realty Corp. - 407-304-0255

More homes to choose from in Orlando

The Orlando Regional Realtor Association reported today that the listing inventory increased in January 2008 after experiencing a decline the previous month of December.

I would encourage anyone looking to buy a home to make sure they contact one of our professional agents to help with the process. The increase of homes offers more opportunities for buyers to find the perfect home, however it also increases the need of having a professional agent assisting you. An agent who is knowledgeable about the area and home values can help sift through the inventory with you to find those homes that match your criteria and needs and is priced appropriately for the market.

On the other hand, those individuals who are interested in selling should consult with an agent to help determine the price point that will result in a sale as compared to the home ending up as a dog on the market with no buyer interest.

An increase of inventory adds challenges to the goals of both buyers and sellers. We can help you eliminate some or all of those challenges.


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Besides bedrooms, baths and kitchens, what other rooms would you like in your home?


- Greg Staker - Watson Realty Corp. - 407-304-0255

Watson Realty success school is well attended

The success school offered to new agents with Watson Realty has been well attended in 2008, as new agents are eager to start their careers off by studying, discussing and role-playing the different situations they may encounter early on in their careers.

This year’s class not only is taught the ins and outs of listing and sales contracts but also extensive training is provided on successful marketing and prospecting techniques.

This extensive training at the beginning of their careers should help them reach their goals and continue to enjoy success regardless of the market conditions.


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Code of Ethics training to be held in Kissimmee

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Kissimmee real estate school starting in August


- Greg Staker - Watson Realty Corp. - 407-304-0255

Buyers suing over real estate appraisals

The couples claim that homebuyers were presented false or misleading data on previously sold homes to justify higher asking prices on new homes. read the full story

FHA sending homeowners letters offering help

850,000 homeowners will receive a letter this year from FHA.

The reason for the letter is described on HUD's site:

"For hundreds of thousands of families, this letter might be the most important piece of mail they receive all year," said HUD Secretary Alphonso Jackson. "Not only could this information keep a roof over their heads, it could provide them with financial sustainability and security for the long term. Our aggressive outreach will ensure families are educated about the safe mortgage alternative that FHA offers."

The letter and additional information can be found in this press release.

Are auctions selling homes?

It seems each week I come across an advertisement about an upcoming real estate auction to be held in a particular city or neighborhood. I receive at least 1 call or email a week announcing an upcoming event and asking if I would like to participate.

Are real estate auctions a viable way to sell property in this market? Are they just another in a long line of gimmick marketing that rises up when markets go south? While I read about upcoming real estate auctions, I cannot recall seeing anything afterwards that mentioned the success of failure of the auction held.

Will an auction sell a home faster than a real estate agent can? Is the final auction price at or below market value for the home? If the homeowner had listed the home at or below the market value, I would suspect that they would have just as good of a chance to find a buyer as they do holding an auction for their house.

Are auctions selling homes? I am not sure, but will continue to try and find out.

Don’t buy a home without a home inspection

Don’t buy a home without a home inspection

Even if the home is being sold “as is” the buyer should have a contingency in the contract that allows them the right to inspect and the ability to be released from the contract should the inspection reveal major problems affecting the home.

Having a home inspection done by a qualified licensed inspector prior to closing could save you thousands of dollars, time and stress.

Make sure you negotiate a home inspection the next time you purchase a home.

Alaqua home for sale - Longwood golf community

Beautifully faux painted walls and ceilings add elegance to foyer, library, dining and living rooms. Travertine floors on much of first level.
Crown molding throughout home.

Renovated bathrooms include custom designed travertine and tumbled marble showers Elaborate and elegant master bath remodel. Two person jetted tub with faux painted columns, custom solid wood cabinetry with crystal accented hardware and granite counter tops.

Striking barrel vaulted ceilings covered in onyx mosaic. Crystal chandelier and faucets. Oversized shower includes dual shower heads and a frameless and seamless glass shower enclosure.

Other upgrades include plantation shutters in master bedroom and bath as well as bonus room. Custom draperies in library living and dining rooms. New lifetime guarantee FLEXMAR coating on garage floor. Large outdoor screened enclosure with newly tiled and resurfaced pool and spa.

New listing priced at $1,750,000.


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- Greg Staker Watson Realty Corp. 407-304-0255

Winter Park home for sale 4/3

This beautiful 4/3 Winter Park home is one not to miss!

Not only does it have the "much sought after" split bedroom plan but it has two bedrooms downstairs with two full baths and two bedrooms upstairs with a bonus room.

This home is gorgeous, inside and out. Nice tile. Kitchen has breakfast nook. Formal dining room. Master Bedroom with large walk in closet and a master bath with a garden tub. The wonderful covered porch and screened pool and spa is a great place to relax. The property is beautiful and backs up to Howell Creek!!

This home has many special features and its one not to miss!! $525,000.

Orlando home sales in February

MLS sold numbers for the first week of February were off 61% from the same time last year indicating the correcting market is still in full swing. 51 homes were reported sold in February 1-7 as compared to 143 over the same time last year.


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Will it sell for a dollar?

Discussions in real estate office center on pricing these days. Agents can be heard exclaiming that they are not sure why the home they have listed is not selling. It is the lowest in the neighborhood, it is clean and shows well, the seller is offering incentives and the home has received the best marketing available and yet, no offers. The conclusion is there are not enough or no buyers. Which is correct, sort of.

There are not enough or no buyers for the home in question at that price. It isn’t that every buyer on the face of the planet has vanished; it is just that those buyers have a tremendous inventory to choose from.

If you truly believe there are no buyers, imagine for a moment that you changed the listing price and offered the home for sale for 1 dollar and see how many offers you receive. I know, that is unrealistic and crazy sounding but the point is at 1 dollar the home would attract a buyer or many buyers. The goal should now be for the seller and agent to determine how far above 1 dollar the home needs to be listed for in order to still receive interest and possible offers from buyers.

Pricing is huge in this market.


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- Greg Staker Watson Realty Corp. 407-304-0255

Administration is seeking to help homeowners

In a response from the U.S. Treasury Department to testimony from Under Secretary Robert Steel, the Treasury stated in part:

"The Administration’s goal is to prevent foreclosures for homeowners. It is not about assisting lenders or bailing out investors.
Our response is based upon a three-point plan: (1) to better identify, reach and connect with counselors those at-risk homeowners who can be helped, (2) to assist in developing additional products for homeowners, and (3) to increase the speed and efficiency of moving these at-risk borrowers into affordable solutions."

The full testimony and response can be read here.

Buying a short sale home in Kissimmee

Buyer’s attention of late has been drawn to the short sale market. Kissimmee homeowners faced with the very real possibility of losing their home and unable to sell their home for a price that would pay off their mortgage and closing costs may turn to their lender for assistance.

In some cases the mortgage holder may be willing to accept less than is owed on the mortgage in order to avoid foreclosure, which is a benefit to the homeowner.

A short sale situation takes time to process so a buyer and seller will need to be prepared and patient as the lender looks over the documents before making a counter of giving full approval of the deal. Those short sale transactions that are successful and end up at the closing table can provide the seller needed financial relief and offer a buyer and opportunity to purchase a home at a price that fits into their budget.

I am including a list of homes being offered as short sales in Kissimmee that were listed over the past few days.

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- Greg Staker - Watson Realty Corp. - 407-304-0255

If you need to buy or are in the market to buy a house, now is a great time!

Buying a home in today’s market does not lack for opinions on if it is a good time to buy or not. Each individual will need to exam the facts as they relate to their individual needs and situation and them make an educated decision.

If you need to buy a home or want to buy a home now, here are a few positive reasons that may help solidify your decision to do so.

• Low fixed interest rates
• Record number of homes to choose from
• Home prices are more affordable
• Owning a home long term is a safe investment
• Portability
• Buyer incentives available
• Short sales offer an opportunity for possible deals
• Tax benefits

If you need or want to buy a home now, there are good reasons to do so.

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- Greg Staker - Watson Realty Corp. - 407-304-0255

Casselberry condo in a ski lake community for sale

You should check out this 2-bedroom 2-bath end unit condo we just put on the market! This condo is has over 1500 square feet and shows pride of ownership throughout.

$175,000.

Call for your private showing today.


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- Greg Staker - Watson Realty Corp. - 407-304-0255

Property for sale, zoned for short term rental.

Homes and condos zoned for short term rental can be a huge plus to an out of area investor or visitor who would like to have use of the home during vacations and then be able to rent to others who also wish to visit the area. This helps to offset the investor’s monthly financial obligations of owning a vacation or holiday home in Central Florida.

The current Central Florida real estate market offers many opportunities to purchase a vacation or holiday home at a reasonable price.

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- Greg Staker - Watson Realty Corp. - 407-304-0255

HUD program offers hope to Floridians facing foreclosure

HUD’s Secretary Alphonso Jackson announced today that thousands of Florida homeowners are benefiting for the government’s new refinancing service. Secretary Jackson stated:

"HUD's central goal remains promoting sustainable homeownership. We are eager to introduce more Americans to the safety and security of HUD'S Federal Housing Administration (FHA) loans…”

Today’s announcement is keeping with the theme Secretary Jackson’s comments in Chicago where he stated, “You don't have to suffer in silence. You don't have to lose your home."

One of the goals is to educate delinquent homeowners to the FHASecure. He is touring Florida counties hoping to educate those who are not aware of the help available.

Secretary Jackson commented, “"A survey this week found that more than half of delinquent homeowners didn't know that free counseling exists…”

Here is the complete press release.

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- Greg Staker - Watson Realty Corp. - 407-304-0255

Central Florida homes for sale with home theaters

Have you ever dreamed of owning a home where you could enjoy a movie or sporting event in an environment created for the maximum pleasure and comfort? If so, you no doubt have considered owning a home that has a theater or media room

There are several professionally designed theater rooms available in homes that are currently for sale in the Central Florida real estate market.

We would like to offer you an opportunity to visit these homes with us if you are in the market to purchase a home. Here is a sample of homes for sale with home theaters.

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- Greg Staker Watson Realty Corp. 407-304-0255

Orlando international visitors are increasing.

Orlando Business Journal reported that international traffic to Orlando International Airport saw an increase over the same time period the previous year. Traffic was up 27.8% in November.

The increase of traffic from abroad could provide a needed boost to the Florida housing market. International visitors who visit the Central Florida and Orlando area may want to consider purchasing a vacation or holiday home while here.


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- Greg Staker Watson Realty Corp. 407-304-0255

Orlando foreclosure inventory is on the rise.

Foreclosures continue to play a huge part of the Orlando real estate market. Currently 13% of the active listings in Orlando are listed as pre foreclosure, in foreclosure or bank owned.

January saw 495 foreclosed or financially distressed properties come onto the real estate market as compared to 341 in December.

We can assist individuals and investors by providing updated lists of these types of homes as they become available.


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- Greg Staker - Watson Realty Corp. - 407-304-0255

Obtain an FHA home loan when buying your next home

The ongoing upheaval in the mortgage industry with tightening standards and the reduction of available 100% financing options has created renewed interest in available FHA insured financing programs. FHA is a tried and true method for first time homebuyers and those with limited down payment funds to qualify for and purchase a home.

Watson Mortgage has been providing ongoing training with the branch offices of Central Florida in order to remind those agents who have has experience with FHA of changes and guidelines and introduce a new group of agents to the benefits of assisting buyers obtain an FHA insured loan.

Sellers in Central Florida, where in months past may have elected to hold out for a conventional style loan, now understand the importance of entertaining offers from all buyers regardless of the buyer’s choice of financing. Sellers might possibly be making a big mistake by not offering their home to those buyers using this form of financing.

In researching the current inventory of homes for sale in Orange County where Orlando is located, recent reports indicate that over 2500 homes on the market right now are willing to accept offers that are contingent upon FHA financing. Those numbers are sure to grow.

Contact me if you would like more information on how FHA financing might benefit you as a homebuyer or home seller.


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- Greg Staker - Watson Realty Corp. - 407-304-0255

New listings for sale in Deltona

Are you looking to purchase a home in Deltona but have not found the right one? Don’t worry. There are new listings coming on the market every day in Deltona. Chances are you will not have to wait much longer to find the home you have waited for.

Deltona offers a great opportunity to buy more home for your money than you might otherwise be able to buy in Deltona’s neighboring cities of Orlando, Lake Mary or Longwood.

For your convenience I can email you homes listed for sale in Deltona within the last 7 days.

Let us know if you would like to receive this list.


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- Greg Staker - Watson Realty Corp. - 407-304-0255

Florida homes for sale with master suites

A master suite offers privacy and a place to finally get away from it all after a hard day of hustle and bustle.

Orlando and Central Florida homes with master suites offer many different features for the enjoyment of the homeowner.

• His and her walk-in closets with extra shelving
• Built in dressers and organizing systems
• Master baths that offer double vanities
• Separate bath and glass showers
• Separate sitting areas to dress, relax, read a book or unwind
• Spa and garden tubs
• Tray ceilings
• Fireplaces
• Private balcony, porch or pool areas are just some of the choices available to the pickiest of homebuyers.
  
  Contact me if you would like to receive and email with a sample of homes with master suites for sale in Orlando and Central Florida.
  
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  Bella Collina - Lake County - Montverde Florida
  
  
  - Greg Staker - Watson Realty Corp. - 407-304-0255

Early reports show Orlando homes sales falling off the pace.

Early reports indicate that the number of homes sold in January 2008 in Orlando is well off the pace of home sales for January 2007.

This is mirrored through-out Central Florida as home sales are indicated to have dropped 40-60% off of January 2007 numbers.

This would seem to suggest that the market correction for Central Florida is still in full swing. Final January closed sales numbers appear that they will be lower than December 2007 sales as well.

Recent activity within our Orlando area office has increased over the past few weeks. Orlando/Maitland’s Watson Realty office actually reported an increase of new business in January 2008 as compared to January 2007. This increase should translate into an increase of sold production in February and March.


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- Greg Staker - Watson Realty Corp. - 407-304-0255

Homes for sale with gourmet kitchens – Orlando Florida

Today’s luxury homebuyer expects to see a gourmet kitchen when they view available homes for sale in Orlando and Central Florida.

A gourmet kitchen should have features and amenities desired by the future homeowner. These features may include,

• Multiple dishwashers
• Multiple refrigerators
• Larger than normal ice makers
• Sub zero refrigeration
• Gas cook tops
• Granite counter tops
• Stainless Steel appliances
• Custom cabinetry
• Cooking island
• Double ovens
• Walk-in pantry
• Warming drawer
• Wine refrigerator
• Corian counter tops
• Convection oven
• Multiple sinks
  
  

Contact us to receive a list of homes with gourmet kitchens for sale in Central Florida.

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- Greg Staker - Watson Realty Corp. 407-304-0255