The Orlando Condo Blog

According to the National Association of Realtors, as many as 40 percent of current home sales are second homes. That includes houses and condominiums purchased as investment rentals, for short-term getaways and for future retirement use. Buying a Second Home begins by asking the reader: “What is your main reason for buying a second home?” [...]

Star Tower condos on Jackson and Osceola Streets in downtown Orlando report they have completed construction of over half of the units and have begun closings. They expect to complete closings on half of the 100 condominiums by the end of the year. Albert Kodsi, president of Royal Palm, said most buyers who reserved units [...]

Every so often, I feel blessed. Like last month, when they came out with that new pill on TV where you can “Eat as much as you like and still loose weight!” (and they couldn’t say it if it wasn’t true). Ok, so maybe I wasn’t so lucky with that one since during the great [...]

Most Expensive Condo: Listed for: $770,000 Sold for: $610,000 (days on market: 288) Least Expensive Condo: Listed for: $179,900 Sold for: $160,000 (days on market: 134)  Median sales price: $263,000 Average days market = 171       Source: Orlando Sentinel var conveythis_src = “en”;translation

Capri condos in Hunter’s Creek are selling their final few units and heavily reduced prices. In fact the developer claims that “No reasonable offer refused” Now that’s what I call a Buyer’s Market! Capri was one of our first Featured Condos on CondoMetropolis.com and it’s a very good community. As we reported last month, a handful of the [...]

NEWS FLASH: For those of you who missed the last Orlando auction, there may be a second chance sooner than you think. Like THIS weekend. This Orlando auction promises to be an even bigger event and a very different animal. Whereas the last auction was just condos from just two different developments in one neighborhood, this [...]

Like all the current downtown Orlando condo projects, Tradition Towers has been in trouble for a while now. In fact, rising construction costs and low demand have caused over two thirds of the downtown condo projects to be either put on “developer hold” or scrapped altogether. In mid-August, Condo Metropolis talked about the Monarch condo [...]