Condo Deal of the Month!

Tired of seeing condos listed on the MLS with bogus pricing that requires third party approval? Want to buy a condo at a real, guaranteed price?
This 1/1, 1200 square foot condo (plus loft) has vaulted ceilings and is in a great community in Metro West, one of Orlando’s prettiest neighborhoods. It was purchased for $135 [...]

Orlando’s Paramount Condos in Court

According to Jerry Jackson at the Orlando Sentinel, the developer of downtown Orlando’s Paramount condo tower testified in court on Wednesday that the company had spent more than $16 million to add extra bracing to the building. The developer went on to claim that this work was not a “material” change requiring notification of individual [...]

Orlando New Home Inventory Finally Falling

With new construction finally at a low, people are now actually moving into new homes faster than builders are erecting them. Accordingly, Orlando’s inventory of new subdivision housing fell again during the second quarter. That’s according to a report by Metrostudy, who found 3,646 finished-but-vacant single-family homes in the four-county metro area, down from 5,560 [...]

Tuscany Preserve, Kissimmee: Builder Close out

Tuscany Preserve in Kissimmee has 12 units priced from $139,900 - $294,900. The gated community has all the usual amenities and 4 golf courses and shopping plaza within 1-2 miles.
The following great incentives apply:

ADDITIONAL $10,000 - $25,000 CASH BACK ON SELECTED MODEL FOR THE FIRST 3 BUYERS.
POSITIVE CASH FLOW OF $1,954 - [...]

More Trouble at Veranda Park

According to the latest Orlando Sentinel Story MetroWest’s most luxurious new condo building Veranda Park is having financial troubles.
And who isn’t?
Just another Orlando developer clipped by an anemic economy and housing market which is hurting everyone - except savvy buyers who are beginning to move in and take advantage of great pricing.
In April we posted [...]

Reunion Reduction!

A beautiful golf-front condo in exclusive Reunion Resort & Club has just been drastically reduced to $399,000 completely Furnished! Every other condo that has been purchased since 2007 in Heritage Crossing has sold from $569K- $452K, with the average purchase price being $481K. The owner of this privately owned condo wants to make a deal [...]

Storm Continues for Orlando Condo Developers

Last week’s Orlando Business Journal highlights some of the headaches currently facing Orlando’s condo developers:
At Veranda Park in MetroWest, eight developers have filed a total of $11.2 million in leans against the billion dollar project. To date, only half of the 10 projected buildings have been built and it’s impossible to imagine the rest, including [...]

Orlando Condo Hotels

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 [...]

Why aren’t buyers buying in a buyer’s market?

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 [...]

Condo Auction Sells over 40 Condos in Lake Mary

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 [...]