The Orlando Condo Blog

There’s a new Disney rollercoaster called The Volatile Real Estate Market ride (you have to be at least “this desperate” to ride), but I’ve been on it - and only half the ride is working. Sellers are selling, but why aren’t buyers buying when it’s so clearly a ‘buyers’ market? The reason is, everybody wants to wait until we [...]

Yep, you heard it right. There’s another on condo hotel the way. Lost count yet? According to the Orlando Business Journal, the proposed 16-story, 350-room condotel is set to break ground in spring 2008 and should be ready in 2009 at a cost of some $140 million - which really means (if it gets built at [...]

Most Expensive Condo:
Listed for: $521,864
Sold for: $447,000 (days on market: 52)
Least Expensive Condo:
Listed for: $127,900
Sold for: $126,400 (days on market: 36) 
Median sales price: $208,000
Average days on market = 89       
Source: Orlando Sentinel

The Baby Boomers are hitting the age now where they are retiring, whether they have only just retired, are just in the process or have been retired for a short while. Many of them are looking for a place to settle down and enjoy their golden years while still maintaining the lifestyle they are accustomed [...]

The day was finally here. After weeks of buzz and excitement around our most popular story to date, the Orlando real estate market was getting ready to make headlines about buying and selling condos, rather than the usual doom and gloom stories of decline. Some saw it as a sign of things to come like [...]

Dear Sherry: What’s the difference between getting pre-approved and pre-qualified for a mortgage? I hear these terms used interchangeably - are they the same thing?
Though a prequalification and a pre-approval may seem to be the same thing, the differences are quite significant. Both require specific information from homebuyers. But that’s where the similarity [...]

Ravinia condos in Maitland finally opened its doors to the local Realtor population last night - so we put on our party frocks again and up Interstate 4 we drove.
I have to say that from inside the sales center it all looks pretty good. The virtual tour is technologically incredible and the to-scale model is [...]

Most Expensive Condo:
Listed for: $297,000
Sold for: $217,000 (days on market: 358)
Least Expensive Condo:
Listed for: $99,000
Sold for: $?? (days on market: 2) 
Median sales price: $150,000
Average days on market = 129       
Source: Orlando Sentinel

We’ve had a few folk tell us that they love our Blog, but they don’t always remember to check the Condo Metropolis site to see if there are new postings. “Why can’t you just email the news to me?” they say.
So we’ve found an ingenious solution for you, and you can now subscribe to the [...]

Back in May ‘07, Condo Metropolis reported that Lake Buena Vista Resort and Spa seemed to be ahead of the game (construction wise) - since construction was complete on the first few towers. As it turned out, timing is everything, and whether by luck or judgment, Lake Buena Vista nailed it in the nick of [...]

Most sellers use a real estate agent when they list their homes for sale - even though it costs them a commission. Most buyers do not use a real estate agent - even though the service is free to them as buyers. (Why free? Because the seller usually pays the commissions.)
The 2006 Profile of Buyers [...]