People often tell me that they’re interested in seeing this new condo place, you know, the one… can’t remember the exact name, the one with “Millenia” in the title. Ok, that’s easy enough right? I mean, how many can there be? Other than the Residences at Millenia, Millenia Cove, Millennium Palms, The Plaza at Millenia, The Fountains at Millenia, and um, I’m [...]

If you want to see the trend here, look down the right-hand sidebar until you see “catagories.” There, you’ll see the category “Zip Code of the Week.” Click on the link and you will pull all those records together on one page. Now you can examine Orlando.
The last ”Zip Code of the Week - 32804 - tells and intersting story, [...]

Most expensive condo:
Listed for: $1,029,000
Sold for: $820,000 (days on market = 160) 
Least expensive condo:
Listed for: $107,500
Sold for: $97,154 (days on market = 84) 
Median sales price: $403,264
Average days on market = 84         Source: Orlando Sentinel

The Trevi, a luxury condominium development just north of downtown Orlando, is putting together a novel series of seminars this summer, designed to help home owners and investors understand the local real estate market. The series begins April 19th (that’s this Thursday) and will cover a host of useful topics designed to get your investment juices flowing:
April [...]

Last November I was talking about the trend of some condo conversions to return to rental once it becomes clear that there are insufficient sales to make the conversion work. When it comes to pre-construction deals, then they just don’t get built. For example, Eola Place cleared ground in December 06, only to close its doors a [...]

I think Imus is rubbing off on me: what I really meant by that headline is that according to the OBJ, the much famed mouse-town is about to get its first active adult community.
The as yet unamed development, is the second to be announced since I complained that Orlando condo developers appeared not to be gearing up [...]

Pre-construction. Downpayments. Now why would anyone want to tie up 20% of half a million of their dollars (at zero interest) for a year or two on a property that might never get built, when it could be earning 5% in a CD? That’s the question buyers are posing, since that’s what most developers are looking for. Even if [...]

Most expensive condo:
Listed for: $229,900
Sold for: $235,000 (days on market = 144)
Least expensive condo:
Listed for: $79,000
Sold for: $76,000 (days on market = 70)
Median sales price: $108,325
Average days on market = 92         Source: Orlando Sentinel

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Courtesy of The Speculative Bubble comes this unusual use of the game Rollercoaster Tycoon. What is it? It’s U.S. Home prices plotted as a roller coaster. What’s cool about it is that it shows the cyclical nature of real estate in a visual way. And it proves the old adage:  
You don’t wait to buy [...]

That’s according to the National Association of Real Estate Investment Trusts’ annual conference this year.
The top investment cities for 2007 also included: New York City; Washington, D.C.; Los Angeles; Seattle; Austin; San Francisco; Honolulu; San Jose; and San Diego.
Ron Donohue of Hoyt Advisory Services noted that while the industry remains solid, real estate investment activity [...]

Lockheed Martin has announced that it has won a contract from the Canadian armed forces for 36 Sniper Advanced Targeting Pods, making it the seventh international customer for the product.
The Orlando contract, extends until 2020 with spares, support equipment and integrated logistics support.
The pods are also used by the U.S. Air Force and the Air [...]

Most community associations have committees. Committees are established as advisors to the Board of Directors on specific areas of interest or concern to the Association. In most cases, the Board of Directors is empowered by the governing documents to create ad-hoc committees, such as Finance or Landscape. The purpose of each committee is to address [...]

The problem with blogs is that you have to keep checking them out to see if there are any new stories. If there aren’t any, then you just have to keep checking.
But now you can now get automatic updates for the Condo Metropolis Blog. By subscribing to the ”feed”, you’ll be able to tell every [...]