The projected number of downtown condominium units increased by about 510 this afternoon as ground was broken at Eola Place. The 16 story building is expected to be completed in 2008 with condos currently ranging in price from around $270k to $1.6 million.The mayor of Orlando, Buddy Dyer and commissioner Patty Sheehan donned hard hats [...]
In the face of the current housing bust, Orlando City Council is setting up a soup kitchen for the town’s starving real estate agents. Several varieties of soup including Chicken Noodle and Leek and Potato, will be available all over the hoiday period from December 20th until the New Year. In order to qualify, agents need to [...]
Letters to the Editor:
Dear Editor:
Zillow’s latest online move was predictable and fully anticipated by many. And yet there are those who continue to believe that Zillow, whose founders shook up and virtually destroyed the traditional travel industry model with Expedia, will never succeed in dismantling the much more powerful real estate industry.
Think Zillow can’t do [...]
All this talk of a housing bust. It ignores the fact that real estate is a local phenomenon, which means that the reality is that some towns are doing ok and others are not. And of those that are not, some will recover quicker than others. The trick to investing in real estate is in figuring out exactly [...]
If you check out the Orlando Sentinel Homes Sections on Sunday (there are now about 142 Homes sections) the only condos you’ll find are the ones that paid to be there. My genius math friends refer to this as “a skewed sample,” meaning that it is not representative of the whole story.
Try looking online instead [...]