Any time I mention the TONS of low-priced property in Seminole County right now, people are shocked!  So here’s my latest update sharing some of the stats with you regularly on cheap Seminole County houses and condos.

So, as of today, there are 188 properties for sale in Seminole County under $50k, and there are actually 6 available for under $20,000!

Don’t want a cheap house?  There are 3,478 properties listed as houses for sale in Seminole County Florida as of today, and of them, 1,221 homes for sale in Seminole County are Bank Owned or pre-foreclosure or short sale anywhere from $8,500 to $2,500,000 !

If you are ready to buy a property in Seminole County, either to move into or as an investment, call me at 407-842-7700 right away, or email me at Andy@AndyTolbert.com

I am a real estate broker-associate that serves all of Seminole County, including Altamonte Springs Foreclosures, Sanford Foreclosures, Longwood Foreclosures, Lake Mary Foreclosures, Winter Springs Foreclosures, Winter Park Foreclosures, Oviedo Foreclosures, Casselberry Foreclosures, Apopka Foreclosures, and Maitland Foreclosures.

Any time I mention the TONS of low-priced property in Seminole County right now, people are shocked!  So I’ve decided to start sharing some of the stats with you regularly on cheap Seminole County houses and condos.

So, as of today, there are 178 properties for sale in Seminole County under $50k, and there are actually 6 available for under $20,000!

If you are ready to buy a property in Seminole County, either to move into or as an investment, call me at 407-842-7700 right away, or email me at Andy@AndyTolbert.com

It actually looks that way!

Florida’s rate of foreclosure filings in August was down 4.11% from July (but it was still 29.67% higher than August of last year!) so while it appears to be slowing down, it is still quite a large problem and unfortunately, we’re seeing it right here as we see the Seminole County foreclosure market still continue to be a large part of our market.  In August, Seminole County had 877 filings, the 2nd highest number all year, and we’ve had 6,309 filings so far this year!  We are on track to have an annualized rate of 6.78% of all households or 1 out of every 14.75 houses!

Also, the Ft. Myers/Cape Coral market, which was #1 in the NATION in July, fell to 6th in August. Let’s all look at these little indicators as the beginning of the end (hopefully). In Florida in August, 1 out of every 194 households had some kind of a foreclosure filing against them. Wow.

To read the article that Forbes Magazine just ran on this topic, click here.

If you are looking to purchase a home in this market and you’ve been waiting for it to hit bottom, it looks like it might be time… please call me first…I’ll give you all the pros and cons to buying a foreclosure so you can make an informed decision. I can be reached at 407-842-7700.

Do you believe it? According to an article in the Orlando Business Journal, so far this year (Jan-July) 4.83 out of every 100 homes in Florida has had a filing already this year!

That’s almost 5%!  That’s about 1 out of every 20 homes!  How many does that mean are on your street?

Wow.

While I hate what is happening (in many cases to good friends of mine!) It does make a huge opportunity for you to buy a foreclosure home in Seminole County Florida!

The Seminole County Florida real estate market has always been and will continue to be very desireable, even in this market.  Are you ready to buy?  Check back to this new resource regularly and see what we have in store for you!

Andy Tolbert

p.s. Tell a Friend!

oh, p.p.s.  Here’s the link to the OBJ article: http://www.bizjournals.com/orlando/stories/2008/08/11/daily7.html?f=et70&ana=e_du