The Orlando Condo Blog

According to an Orlando Sentinel feature today, MetroWest developer Kevin Azzouz has announced that he has hired off-duty Orlando police officers to patrol the community 24 hours a day.
Regular police patrols will continue but about $250,000 will be spent on up to six additional officers who will patrol in marked cars.
“We have identified five entry [...]

Good lord! Two days after I accused local developers of not taking advantage of the imminent invasion of wrinklies, the Orlando Business Journal Reports that at least one developer is creating a place for your mom and dad.
Avalon park is working with Florida Hospital to create a “health village” in the east Orlando community for active seniors. And with [...]

Most expensive condo:
Listed for: $159,900
Sold for: $159,900 (days on market = 2) 
Least expensive condo:
Listed for: $129,000
Sold for: $125,900(days on market = 34)
Median sales price: $140,000
Average days on market = 55         Source: Orlando Sentinel

With the mortgage gloom of late now compounding the real estate gloom, here’s a reminder of why Orlando is still a great place to live - and why we’re shielded from the worst of it.
1.) Industry continues to move here. Last week, another simulation company moved to Orlando citing Orlando as the “capital of simulation.” Who knew?
2.) [...]

AAA says it doesn’t expect motorists east of the Rocky Mountains to have to pay $3 a gallon or more this spring. Um, okay… According to AAA the nationwide price of self-serve regular gasoline is currently $2.54 a gallon, though the statewide average in California is $3.12 a gallon. Florida currently averages $2.57 per gallon, while [...]

Rumor has it that MetroWest may soon have it’s own police sub-station. And not before time. Two nights ago I woke up to a noise that sounded like a shotgun. It turned out to be a vehicle in the condo complex across the street that was ablaze - complete with exploding tires and gas tank. [...]

Most expensive condo:
Listed for: $275,000
Sold for: $265,000 (days on market = 27)
Least expensive condo:
Listed for: $115,000
Sold for: $99,000 (days on market = 233)
Median sales price: $131,700
Average days on market = 97 Source: Orlando Sentinel

Windmill Point Condominiums had its grand opening last Thursday and they’ve been selling like hot cakes ever since. There were only 136 condos to start and at this point, over 100 units are already under contract The student friendly condos are just a stones throw from the University of Central Florida (UCF) and a mile [...]

Centerline Homes will unveil the new Midtown Condos at Baldwin Park during their grand opening this weekend. The 95-unit new construction condo project starts in the 200’s and includes granite countertops in kitchen & bathrooms, 8’ doorways, 10’ ceilings, wraparound porches, all appliances and more. Construction begins this summer and they will be ready for [...]

Dear Sherry:
My boyfriend and I want to purchase a condo in Orlando. The problem is that we both ran up credit cards when we were younger, and we have been late on our car payments a couple of times. I know our credit isn’t the greatest, but we have paid our bills on time [...]

We’re adding two exciting new voices to our blog. Specialists that will be able to assist with some of the common questions that arise when buying a condo.
Mortgage specialist Sherry Graziano from Coldwell Banker will be able to answer questions on condo mortgages and home finance, and Hal Hildebrandt, a long time condo community manager [...]

Most expensive condo:
Listed for: $440,000
Sold for: $440,000 (days on market = 1)
Least expensive condo:
Listed for: $36,500
Sold for: $29,000 (days on market = 132)
Median sales price: $252,900
Average days on market = 102         Source: Orlando Sentinel

 
After just 3 months since the launch of Condo Metropolis, the Orlando online condo company has rocketed to the first page of Google’s search results.
 
CondoMetropolis.com currently ranks #9 out of about 3.3 million results. The MSN and AOL search engines also return Condo Metropolis as the #9 result. The results are not paid for but [...]

We all know that the world of real estate can be brutal. Real estate agents don’t rank just above lawyers in the list of most disrespected professions for nothing! (This isn’t true at Condo Metropolis of course.)
Now get this:
“KILL HOUSE is a modern day tale of bloodlust, rivalry and greed - all masquerading as the American Dream. [...]

Engineering crews began clearing the ground at the site of the Blue Rose today. The 13 acre site will become home to Orlando’s largest condo hotel. Work will continue as the property prepares for actual groundbreaking.
The sales center was also busy having hosted its casino night over the weekend. Condo Metropolis was there along with [...]