ORLANDO HOME-PRICE GROWTH OUTPACES FLORIDA


 Metro Orlando’s housing market is not experiencing the big year-over-year price gains it saw in 2013, but increases in the four-county region continue to outpace the state’s, a new report shows.

The metro area, which includes Orange, Seminole, Osceola and Lake counties, had a median price of $185,000 for single-family homes that sold in June, according to a report by Florida Realtors. Prices increased 8.2 percent from June 2013. Even though those increases were not as high as the 20 percent annual price escalation in the region last year, the appreciation outperformed recovery statewide.

Florida’s median home price was the same as Orlando’s last month, but that represented growth

The Realtors industry group for Florida noted the consistent direction of recovery for a state that has struggled with underwater homes and distress sales for about seven years

“June marked the 31st month in a row — more than 21/2 years — that median sales prices rose year-over-year for both single-family homes and townhome-condo properties,” said Sherri Meadows, chief executive officer for Keller Williams in The Villages.

Meadows, who is president of the association, said the state’s steadily improving jobs situation and rising influx of residents has had a significant impact on Florida’s housing market. Statewide, she noted, new listings for single-family homes in June rose 12.4 percent year-over-year, while new townhouse-condo listings rose 3 percent.

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About Brian Heafy

After a 30 year career in the information technology/professional services industry Brian began his second career as a real estate professional in 2012.

Brian began his career in 1982 with the United States Marine Corps as a systems analyst providing software project management and implementation services to Marine Corps Aviation Logistics Squadrons in Iwakuni, Japan and later as a defense contractor assigned as lead technical program manager to the Navy Management Systems Support Office in San Diego.

Brian went on to serve as technology manager for the City of Coral Springs, then joined a publicly traded government (ERP) software and professional services provider in Lake Mary, Florida as VP of the company’s Public Safety & Justice Systems group where he and his teams supported over 450 small, medium and large Police, Fire, Courts and EMS agencies across the U.S. and Caribbean. Brian also served in technology management positions supporting commercial off the shelf software enterprise resource management systems finance and administration application software and public safety and justice systems application software projects for the City of Orlando and Orange County Clerk of Courts.

Brian’s in-depth understanding of governmental operations and contract management is a benefit to his real estate clients, so much of what gets accomplished in today’s real estate industry deals with understanding government databases, brokerage disclosures, banking and governmental regulations each with their own set of established procedures – at all levels of government (local, county, state, federal).

Brian holds a Bachelor’s degree in Business from Barry University. A Licensed Florida Real Estate Broker and member of the Greater Orlando Regional Realtors Association, member of the Marine Corps Association and former Web Sergeant for the United States Marine Corps League in Orlando, Florida. A native Floridian Brian and his wife Yoshiko have been married over 32 years and have two grown children.