The Orlando Condo Blog

With news of the Wyndham Hotel Group’s $300 million, 504 unit condo hotel, central Florida is now looking at a total of approximately 17,300 presale units. That’s a lot of inventory. And a lot of risk money. And at this point in time, it’s anyone’s guess whether condotels will be the world of tomorrow – [...]

I’m sometimes asked about the best way to negotiate with developers. Eighteen months ago, someone else would have closed on your condo before you could spit out the word “offer”. But now? Sure. Absolutely. But keep it real. The market in central Florida is slow – but it’s not open season. Yet. And while we’re on the subject, let’s get another [...]

The University of Florida’s Center for Real Estate Studies recently conducted a new statewide survey to gain insight into current trends in Florida’s real estate industry. The result predicts that even in the event of a worsening situation nationally, Florida will be less affected than other states due to the insulating effect of its population [...]

According to a University of Florida study, the state’s population is supposed to grow another 2 million by 2010. Now, call me cynical, but that sounds like a lot of extra alligator food to me. And by 2025, the Hurricane, I mean “Sunshine” State is expected to house a whopping 25 million residents. “Overall, Florida [...]

I’ve suggested elsewhere in this forum, that the reason there are so many condos still going up, despite the slowdown, is because they were already in the “Oh-crap-can’t-stop-it -now” pipeline. But there’s another reason. A more encouraging one. Despite what you may have been reading about the market, developers from other states recognize that Florida just isn’t [...]

A girlfriend asked me at a party this weekend: “So what exactly IS a condo conversion?” “That’s easy,” I said, “It’s when a community that was once for sale converts back to being rental again.” “Oh, I see,” she replied. Except she didn’t. Thankfully, she’ll probably never sue me for my humor because the truth [...]