REAL ESTATE

Today, a renter in the U.S. needs to make $25.82 an hour, up from $24.90 last year, in order to afford rent for a modest two-bedroom apartment, according to the NLIHC.

Area real estate experts join the show to break down what's going on in the Florida real estate market.

Homes are considered a good investment in general, but they become even better when putting some new touches on them that add to the value in the long run.

Is it different in Florida? Is the market stronger here than elsewhere around the country?

Scams have led to people — more commonly known as squatters — inhabiting residences they don’t legally rent or own, even if they think they have found a residence properly and aren’t doing anything wrong.

The most expensive city on the list has a typical home value of $8,321,638 which is 1,966% higher than the state average of $402,837.

On this latest episode of “You Have Real Estate with Justin Clark,” area realtors and experts join the show to offer insight on the procedures foreigners have to undertake in order to purchase property in Florida.

One portion of the house has the original basketball court and bleachers, while another portion was renovated into elements of what typical homes have, such as a kitchen, bathroom and bedrooms.

The median home price in Orlando fell for the first time in six months and the inventory of homes for sale jumped again, according to the latest report from the Orlando Regional Realtor Association.

One issue that is common is wire fraud when it comes to how money is transferred.

Homes have spent fewer and fewer days on the market over the last five years.

With higher interest rates and a lack of inventory still out there for potential homebuyers, many are worried that a crash in the real estate market is looming.

With interest rates skyrocketing in recent months, that has caused a lot of hesitation for potential home buyers who could be feeling like they are now priced out of the market.

On this latest episode of “You Have Real Estate with Justin Clark,” four area realtors join the show to lend their expertise on the current market conditions.

As Central Florida rent prices soar above the rate of inflation, some tenants are searching for a solution to renewal notice sticker shock.

Data for each city show the monthly typical home value since January 2018.

Real estate experts in Florida weigh in on whether it’s a worthy investment to purchase land, and assess the overall real estate climate at the moment.

Experts say real estate investments can still be a good hedge against inflation.

Despite Central Florida’s booming population, a billion-dollar development proposed for an Orlando community is facing backlash.

Finding open houses can be a harder process than people think, but there are ways it can be done.

Look through photos of the most expensive homes listed for sale in the US. From acres of farmland to beachfront views, the amenities are endless.

On this latest episode of “You Have Real Estate with Justin Clark,” Florida realtors Brittany Gercken and Jamie Mason offer insight on the current market and why it’s still a good time to buy despite rising rates inflation.

Homes hit the Orlando real estate market in May faster than they ever have before, and what they sold for rose the median home price by almost 3% in the area, according to data compiled by the Orlando Regional REALTOR Association.

Why have there been more insurance claims of late? And what do you need to know about renting out a property?

On the latest episode of “You Have Real Estate with Justin Clark,” Orlando-area realtor Jack Luiz and tax accountant Brian Fay join Clark to discuss the latest trends in the industry.

A year ago, interest rates were so low that records were being broken left and right in Orlando, but is that still going to happen now that they are suddenly climbing?

The "great reshuffling" has been a huge reason why home prices have been skyrocketing.

As home prices and mortgage rates climb, some folks wanting to buy their first home are having to get creative. News 6 investigator Merris Badcock spoke to Orlando homeowners who figured out how to buy their first homes making less than $50,000 dollars a year.

Even with home prices skyrocketing and low inventory, a recent Lending Tree study found Florida is one of the top states with the highest vacancy rates. While realtors and economists said this may seem shocking, knowing that information can help homebuyers make better decisions.

The lot configuration made it impossible for the couple to get the main suite, living area and laundry on the same floor in the original home. So, a teardown was needed.

Rates have jumped from just under 3% at this time last year to more than 5% at the moment, adding yet another wrinkle to a predominantly seller’s market.

While areas such as bathrooms or kitchens get a lot of attention with remodels, windows and doors can also be ways to save money and add value.

A Central Florida man says an identity thief used a fraudulent deed to take possession of his vacant land and then tried to sell the property to an unsuspecting buyer.

"Flip or Flop" star Christina Hall married her husband Josh in April. The newlyweds bought a $12 million home about a month later.

Have you heard of the website Homeuplink? If you’re in the market for a new home, or you’re even a prospective homebuyer, the concept is a good one to know about.

If you’ve tried to buy a house recently, then you know just how wild the housing market is.

A new study from real estate website Zillow found the average home in the Orlando market made more money than a typical worker earns in a year.

On this latest episode of “You Have Real Estate” with Attorney Justin Clark, Seminole County appraiser David Johnson gives insight on property taxes and home values in the area.

After driving under Walt Disney World’s entrance archways and winding past theme parks and hotels, resort visitors may find themselves outside the guarded gate of an elite residential community containing some of Central Florida’s most expensive real estate.

It’s about time that we honor and celebrate some fantastic women who are killing it with their businesses in Central Florida.

On this latest episode of “You Have Real Estate” with Attorney Justin Clark, Orlando-area Realtors Holly Kroll and Jay Heckendorn-Telenda discuss what people should know about homeowner’s association fees.

As inflation numbers hit a 40-year high across the nation, rental rates for industrial and warehouse space are climbing faster in the Orlando metro area than other parts of the country.

What exactly goes into a bathroom remodel?

On this latest episode of “You Have Real Estate” with Attorney Justin Clark, Orlando-area Realtors Rose Kemp and Eric Mock discussed what those higher interest rates are doing to the market.

A new report from Inspection Service Network, which provides property inspection software services, puts Orlando in the top 20 most female homebuyers in the United States, along with Miami, Tampa.

Nearly a thousand people move to the Sunshine State every day — a trend analysts believe will continue for at least the next five years. And that begs the question: where are those folks going to live?

Whether you’re an investor or someone who’s home-shopping -- or even just thinking about buying or selling in the near future, you might be in the market for a real estate agent, or a company that can get the job done for you as seamlessly as possible.

Michelle Dvorak, owner of Luxe Furniture & Interior Design, Michael Brown, president/CEO of Solar Ray, Inc., and Todd Thomas, owner of Todd Thomas Home, lend their expertise on renovation ideas.

On this latest episode of “You Have Real Estate” with Attorney Justin Clark, Dallas Lehman of RWI Properties and Orlando realtor Eric Mock discussed industry forecasts for the first few months of 2022.

On the latest episode of “You Have Real Estate” with Attorney Justin Clark, local realtors Vivian Lehman and Karen Arubtine offer insight to key questions buyers and sellers have as the market for 2022 takes shape.

For some South Florida condo dwellers, that tap on the shoulder could lead to the deal of a lifetime.

With December here, there is no better holiday gift to pursue than your first home.

If you’re in the market to buy or sell a house, you might be wondering how that will affect your taxes at the end of the year.

ORLANDO, Fla. — Editor’s note: This story is available as a result of a content partnership between WFTV and the Orlando Business Journal. A 10-building office park in southwest Orlando has notched a record sales price for Central Florida’s office market. The sale hasn’t yet hit public records, however, it works out to about $252 per square foot. Cushman & Wakefield PLC’s Mike Davis, Rick Colon, Rick Brugge and Dominic Montazemi, with support from Zach Eicholtz, Brooke Tulley and Ryan Jenkins represented the seller in the deal, the release said. Click here to read Anjali Fluker’s story on the Orlando Business Journal’s website.

Victor Oladipo's house is a much more permanent fixture in Orlando than the ex-Magic player himself. Though the sale price is currently unknown, it was listed via Mainframe Real Estate for $1.8 million. If you can stop drooling at the storage, the house also features a pool, a movie theater and a putting green in the backyard. The home was listed by Jea Lanza & KeAusha Jordan of Mainframe Real Estate. Photos via Mainframe Real Estate.

Large rent increases and bidding wars on rentals are the new norm in some parts of America as re-opening comes with big price hikes.

After three straight weeks of declines, mortgage demand came crawling back, thanks to a drop in interest rates.

Thornton Park's Eola Wine Company is expanding, opening a new wine bar inside the planned food hall/grocery store/beer garden on S. Orange Avenue, Holden Hub....

Oliver Goldstick (”Pretty Little Liars”) can walk to the television studios.

Oliver Goldstick (”Pretty Little Liars”) can walk to the television studios.

Oliver Goldstick (”Pretty Little Liars”) can walk to the television studios.

The Northern California home that movie star Bing Crosby once lived in hits the market for $13.75 millionThe 3 acre Northern California estate where "White Christmas" crooner Bing Crosby and his family once lived has just hit the market for $13.75 million. Living room Dennis Mayer | OMARSHALL Real EstateOne of the walls in the ballroom has a secret door that blends in into the wood paneling. Dennis Mayer | OMARSHALL Real Estate"Visitors are surprised to find such a secret alcove where one can enjoy scotch in private," Oliva said. Dining room Dennis Mayer | OMARSHALL Real EstateSteps away is the home's formal dining room, which opens to a terrace and lawn. Bathroom Dennis Mayer / OMARSHALL Real EstateIt has two full bathrooms, a walk-in closet and windows that overlook the gardens.

Fierce competition for a limited supply of homes for sale has caused a surge in prices. Now, potential buyers, some fleeing urban areas hit hard by the coronavirus pandemic, are facing a national affordability crisis. Home prices are rising faster than incomes there, but for now at least, homes are still affordable. As homebuying becomes less affordable, buyers are getting by with a little help from friends and family. About 59% of millennial homebuyers are receiving help with their mortgage down payment according to a recent report from Lending Tree.

ORLANDO, Fla. Like pretty much every industry, the latest numbers show the real estate market is not immune to the coronavirus. The pandemic kind of caught up to us a little bit, Orlando Regional Realtor Association President Reese Stewart said. The overall median price of all types of Orlando homes sold in April 2020 was $263,750, a 12.2% increase from the April 2019 median price of $235,000 and 4.0% above the March 2020 median price of $253,500. Stewart told News 6 the number of homes up for sale did drop 3% compared to a year ago. Chris Creegan, the owner of Creegan Property Group, shifted his real estate business because of the pandemic, utilizing virtual walk-throughs and a personal touch in the era of COVID-19.

MoneyWatch: It's getting more expensive to be a renter Real Estate firm Zillow says monthly rental prices climbed 3.3% in December from the year before. And, Turbo-Tax is offering some customers a $25 rebate. Jill Wagner reports.