Central Florida Home Prices Above National Average

Here's some news to help beat the post-July 4 holiday blues: Orlando-area home prices increased by 6.9 percent in May compared with May 2015, according to a new report by CoreLogic.

That increase was better than the nationwide year-over-year average, which saw an increase of 5.9 percent.

Central Florida home prices are up by 6.9 percent compared with May 2015.

Orlando-area home prices also saw a month-over-month growth, increasing by 1 percent over April. Statewide, Florida ranked No. 6 in year-over-year home price increase at 7.3 percent. Oregon and Washington came in at No. 1 and 2 at 11 percent and 10.1 percent, respectively.

The increase is also part of an upward trend: The CoreLogic Home Price Index Forecast predicts that home prices will increase nationally by 5.3 percent on a year-over-year basis from May 2016 to May 2017. This, combined with other positive trends such as the recent drop in foreclosure rates, are signs of Central Florida's steadily improving real estate market.

Source: CoreLogic


Garry Walmsley

The perfect blend of British personality and American drive, Garry brings his genuine, detailed and competitive approach to the World's #1 Vacation Destination. Born in Hampshire, Garry thrived in School and Sports, spending many of his younger years traveling around the golf courses of the United Kingdom prior to turning professional in 1989. After what he describes as a "less than desired outcome" for this results orientated individual, he turned to the Golf Industry where he learned many of the traits that he acknowledges in his success today. It was during this time that he made his move to Orlando, which he has called "home" since 2000. Garry believes that his clients are the most important part of his business. He knows that dealing with property means that he's really dealing with people. He combines a determination to fulfill their goals with the ability to hear what they say. The aim is always to develop long-term relationships and offer an honest and transparent real estate service to best serve the interests of those he represents. Garry has proven that his exceptional service and attention to each and every one of his clients is the recipe to his success. Working with Global Real Estate Services, a dynamic organization with a forward thinking outlook, Garry is able to provide his clients with a full-service Real Estate experience, safe in the knowledge that this company with a 21 year history, is the leader in Vacation Home Rentals, Management and Sales. Credentials; - Licensed REALTOR® - Member of National Association of REALTORS® - Member of Florida Association REALTORS® - Member of Orlando Regional REALTOR® Association