Brent's Blog / BFerryHomes.com / Theme Park News, Orlando News, Real Estate News

The long awaited and highly anticipated "Avatar land", Pandora - The World of Avatar, is now open at Animal Kingdom at the Walt Disney World Resort.

Planning a Disney vacation? Get your discount Disney tickets here. Promo code FER.


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Posted by Brent Ferry on May 27th, 2017 8:11 AM
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Posted by Brent Ferry on May 26th, 2017 5:48 PM
Water is Life. Life is Joy.

Universal's Volcano Bay water theme park is now open.

Planning a trip to the Orlando area? Be sure to check out my Discount Attraction Tickets page.

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Posted by Brent Ferry on May 25th, 2017 8:48 AM
In this video, rentable vacation homes in Osceola County are drawing increased attention from Chinese investors. Earlier this month it was announced that a record 68 million people visited the Orlando area in 2016....and they all need someplace to stay! Short term rentals are a popular option with investors across the globe. Contact me today for more information about income producing ownership options in the Orlando area at 407.506.7857 or info@ bferryhomes.com. And check out my website www.ChampionsGateFlorida.com for more information on the resort featured in the following TV news video.

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Posted by Brent Ferry on May 25th, 2017 8:34 AM
Great news! I am excited to announce the release of the 2nd Phase of vacation townhomes at Windsor at Westside. Even more exciting is that all units have waterfront or conservation views! An amended design will remove the 1 car garage to allow larger pool deck space and greater enjoyment of the views. Debut pricing starts at $313,760 - $346,760 with 4 or 5 bedroom units available.

Contact me ASAP at 407.506.7857 or info@ bferryhomes.com to take advantage of opening pricing, $10,000 in flex cash, AND a special rebate for the first 4 Buyers exclusive to bferryhomes.com.

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Posted by Brent Ferry on May 21st, 2017 2:48 PM
One of the Disney area's newest residential and vacation home communities is about to debut their brand new clubhouse and amenities. Here' a sneak peak of the all new Hideaway Club at Storey Lake. I provide sales and rental support in Storey Lake. Located less than 5 miles to Walt Disney World. Contact me for a FREE Buyer's Guide. 

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Posted by Brent Ferry on May 19th, 2017 1:24 PM
Florida Realtors® News

1Q Fla. home sales up 5.1% year-to-year

ORLANDO, Fla. — May 15, 2017 — Florida's housing market reported more closed sales, higher median prices and more pending sales during the first quarter of 2017, according to the latest housing data released by Florida Realtors®. Closed sales of single-family homes statewide totaled 60,733 in 1Q 2017, up 5.1 percent over the 1Q 2016 figure.

"During the first three months of 2017, traditional sales of single-family homes and condo-townhouses rose in Florida,"says 2017 Florida Realtors President Maria Wells, broker-owner with Lifestyle Realty Group in Stuart. "In another positive sign, pending sales for single-family homes rose 1.8 percent year-over-year, while condo-townhouse pending sales rose 4.8 percent. Distressed property sales continued to drop – which underscores solid stability in the state's housing market.

"Buyer demand continues to increase, yet the inventory of homes for sale remains tight in many local markets," Wells adds. "That's putting upward pressure on median prices and sometimes results in multiple offers. By working closely with a Realtor who knows local market conditions and trends, consumers have an expert in their corner whether selling or looking to find their dream home."

The statewide median sales price for single-family existing homes in 1Q 2017 was $226,000, up 10.7 percent from the same time a year ago, according to data from Florida Realtors Research department in partnership with local Realtor boards/associations. The statewide median price for condo-townhouse properties during the quarter was $167,000, up 9.2 percent over the year-ago figure. The median is the midpoint; half the homes sold for more, half for less.

Looking at Florida's condo-townhouse market, statewide closed sales totaled 26,351 during 1Q 2017, up 7.6 percent compared to 1Q 2016. The closed sales data reflected fewer short sales – and rising traditional sales – over the three-month period: Short sales for condo-townhouse properties declined 38.8 percent while short sales for single-family homes dropped 36.3 percent. Meanwhile, traditional sales for condo-townhouse units rose 16 percent and traditional sales for single-family homes increased 15.1 percent year-over-year. Closed sales typically occur 30 to 90 days after sales contracts are written.

"A shortage of both new and existing homes for sale throughout much of the state continues to drive the Florida housing market narrative in 2017," says Florida Realtors Chief Economist Dr. Brad O'Connor. "New listings of existing single-family homes in the first quarter were only up one percent relative to the same quarter last year, while the number of closed sales increased by over five percent, thanks in large part to a record-breaking March.

"Homes are also selling faster this year. Half of the single-family homes which sold so far in 2017 went under contract in 50 days or less, which is nearly a 6 percent drop from the 53-day figure reported at this point last year. Based on these figures, it's not altogether surprising that the current supply of single-family homes for resale is down by about 5 percent, year-over-year. The rate of new construction in Florida, meanwhile, is increasing but still well below its historical norms, so relief is not on the immediate horizon."

In 1Q 2017, the median time to a contract (the midpoint of the number of days it took for a property to receive a sales contract during that time) was 50 days for single-family homes and 55 days for condo-townhouse properties.

Inventory was at a 4.1-months' supply in the first quarter for single-family homes and at a 6.3-months' supply for condo-townhouse properties, according to Florida Realtors.

According to Freddie Mac, the interest rate for a 30-year fixed-rate mortgage averaged 4.17 percent for 1Q 2017, significantly higher than the 3.74 percent average recorded during the same quarter a year earlier.
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Posted by Brent Ferry on May 17th, 2017 9:43 AM
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Posted by Brent Ferry on May 12th, 2017 9:59 AM
The numbers are in. Visit Orlando announced today that 68 million people visited the Orlando area in 2016. Despite some drops in theme park attendance, fears about Zika virus, a deadly alligator attack, shootings at Pulse nightclub, the post Brexit pound, a weak Canadian dollar, Hurricane Matthew, and more, 2016 showed an increase from 66 million visitors in 2015. Orlando International Airport saw an increase to 41.9 million passengers. The Orange County Convention Center's attendee figures rose to 1.46 million.

With a new campaign called #OrlandosBIGThankYou, Visit Orlando also achieved a GUINNESS WORLD RECORDS™ for collecting the most hand-written thank you cards in a 24-hour period. The 3,144 cards will be mailed out to people in Visit Orlando's database.

Year-over-year growth is expected to continue with the upcoming openings of Pandora - The World of Avatar at Disney’s Animal Kingdom and Universal’s Volcano Bay Water Park.

Today also marks the final showing of "Wishes" at the Magic Kingdom. The most visited theme park in the world is getting a new fireworks show, “Happily Ever After”, which is set to debut tomorrow, May 12, 2017.

Why not make Orlando your home away from home? Contact me now at info@bferryhomes.com or 407.506.7857 to learn more about vacation home ownership right here in the attractions area. You can own a home that you use whenever you want and earn offsetting rental income while you are away.

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Posted by Brent Ferry on May 11th, 2017 8:38 PM
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Posted by Brent Ferry on May 10th, 2017 1:29 PM

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