The Orlando Condo Blog

Most Expensive Condo: Listed for: $259,900 Sold for: $227,246 (days on market: 211) Least Expensive Condo: Listed for: $137,000 Sold for: $?? (days on market: 102)  Median sales price: $145,000 Average days on market = 129        Source: Orlando Sentinel var conveythis_src = “en”;translation

We’d all like new of course – but can you afford it? We all know that new costs more than conversion, right? Not necessarily. Some developers overpaid for their converions and are now having to sell them at rates which are actually higher than new construction. On the other hand, owners of older resale condos usually have greater [...]

I received news this morning that that are a handful of units left at two of Orlando’s more popular condo conversions. Although both officially sold out some time ago, investors who claimed them have been unable to close, putting them back in the market for buyers who are able to act quickly. At Azur in MetroWest there are [...]

New research by the National Association of Realtors (NAR) suggests that with nearly one in five Realtors having sold a home to an international client in the past year, our real estate is still looking good to some folk.   “In this country we have always known that housing is a good long-term investment, and many foreign buyers seem to [...]

Most Expensive Condo: Listed for: $219,900 Sold for: $216,000 (days on market: 4) Least Expensive Condo: Listed for: $179,900 Sold for: $175,000 (days on market: 36)  Median sales price: $207,000 Average days on market = 48       Source: Orlando Sentinel var conveythis_src = “en”;translation

I needed a drink (or four) after work today, and since we’d received invitations to TWO broker events tonight, I thought we should make a good faith effort to attend both - and drink as much as we could at each one. Running a real estate company is thirsty business after all. The evening’s two bars, I mean “hosts” were the International [...]

I recently spoke with a buyer who was interested in being pre-approved to purchase a new condo. After our initial meeting, we reviewed his credit and to his dismay his credit rating was much lower than anticipated. A further review of his credit revealed several open accounts with balances that he did not recognize. It [...]