The annual homeowner association meeting convenes. The president announces that the floor is open for nominations. A fellow homeowner say to you, “You know, you would make a good board member.” Before you have a chance to reply, some body movement indicates that you are willing, ready and able to serve. “The nominations are closed,” [...]
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Maybe you’ve heard, maybe you haven’t, but our stock market has improved about 25% in recent months, coming from the lows of 6400 on the Dow to a current level of right around 8000. Great news, right? Time to double-up on those 401K contributions, right? Optimism and champagne are flowing freely in the streets, right?
Maaaaaaaaybe [...]
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Enders Place condos, Baldwin Park
is scheduled to go to auction on April 21st 2009, if New York condo conversion firm Lexin Capital fails to pay the $46 million owed to HSH Nordbank AG.
According to the OBJ, Lexin Capital Inc. took over the 220-unit property in Orlando suburb Baldwin Park in 2006 but due to a [...]
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Orlando real estate market on the rebound?
Orlando area home sales have continued to experience an increase in activity, with 47.59% more homes sold in March 2009 than March of last year.
In addition, 76.06% more contracts were filed in the month of March 2009 than in March 2008. Overall, pending sales – considered by housing economists [...]
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Yep. It is if you’re an investor looking for a condo deal under $50K.
Increasing numbers of observers have said of late that we’ve already hit bottom, and I’m inclined to agree, with one caveat. Bottom will arrive at slightly different times for different states, and different cities within states and, different communities within cities. There [...]
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Hooray! Our money woes are a thing of the past! President Obama had a rousing show of support at the recent G-20 economic summit, where the leaders of the 20 most economically influential countries in the world convene to fix our shattered economy, so that’s why it takes a whole day.
Give them a week and [...]
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I’ve resisted this one for a while now, but for those of you that like to Twitter, Condo Metropolis is now twitter-able. If you have no idea what I’m talking about, it’s probably better that way. Trust me, there are probably more important things you can do with your time.
But for those twenty-first century, uber tech savvy, application [...]
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Developers are a unusual and remarkable breed. Condo Metropolis sat down for coffee with one of downtown Orlando’s most influention developers, Steve Kodsi of Historic Creations.
“Steve, with The Sanctuary and Star Tower, Historic Creations has created two of downtown Orlando’s most visible and iconic new buildings. Tell me a little about how these two projects [...]
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The Sanctuary condominium downtown Orlando has announced a new condo promotion. On the heels of our recent Sanctuary visit, they have decided to blow out their remaining few Developer units. Details follow. Contact us on 407-290-3408 for a tour!
Unit 1507~ Spacious 2 Bed/ 2 Bath, with 1970 sf, one assigned parking space and a storage unit on the 15th [...]
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I recently heard from a colleague who had questions about the rights of condo buyers in these uncertain economic times. He asked a series of questions which I feel are pertinent to the current situations many of you might be facing in your associations. His first question was in regard to the unpaid assessments of [...]
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