The Orlando Condo Blog

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 - [...]

Our recent blog “Where is your Personal Bottom?” looked at how fence-sitters risk losing out on the “waiting-for-precise-bottom” game due to the way the housing market is always three months ahead of where it appears to be at any given time. Let’s use some real numbers using data just released from the Orlando Regional Realtor [...]

“I’m not buying yet. I’m waiting on the sidelines for the market to hit rock bottom.”
You and the rest of the country.
I’m not saying you’re wrong. But I have two questions for you:
1.) How will you know when rock bottom happens in a complex market where the only perfect vision is hindsight, and the best [...]

Some of you may have noticed a new “widget” on the top right hand side of the blog which displays current Orlando listings. Click on it and it will take you directly to our MLS search engine. And if you have those cool GI Joe eagle eyes that move from side to side you might [...]

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 [...]

As promised last week, here is news of the latest deals at Reunion Resort in Orlando. Last weekend, Bobby Ginn met with the Reunion sales team and announced several new phases of amenities to come to Reunion along with the immediate expansion of their own multi-acre Water Park. Ginn will also make all Reunion owners [...]

Like many people across the country I got caught up in the euphoric real estate bull market in 2004 and 2005. A friend of mine from Sarasota was handling the sales for Solaire at the Plaza and told me about the project. I grew up in Orlando and thought it would be fun to own [...]

Police officers from Winter Park are investigating the death of Steve Walsh, a well-known developer whose company projects include the $250-million Tradition Towers project in downtown Orlando.
Walsh, 61, was found dead on his own property, according to Orlando Police who were called to Walsh’s $1.4-million home on Genius Drive around 1 p.m. today after a [...]

Sounds like Reunion is getting ready to move the remaining Villas at Reuion Square. These are the condominiums surrounding the waterpark and downtown area that they have been selling at prices ranging from $635,000 to $705,000 with an incentive package. It seems the company is going to eliminate the incentive package and slash the prices [...]

As most of you know, I’m not a rose-colored-glasses-Realtor, more of a tell-it-like-it-is-Realtor, and that makes some call me a “pessimist” - so here’s some good optimistic news - and big yellow, non-pessimistic, crack-smoking smiley face to boot.
It’s claimed that the single most accurate forecast tool for housing activity is the “Pending Home Sale Index” [...]

According to a recent (Star Tower) press release, their half-acre rooftop garden on Osceola St. in downtown Orlando is fast becoming the new “in” venue in downtown Orlando.
Albert Kodsi, president of Royal Palm who along with Historic Creations of Orlando developed the Star Tower condo, said recent rooftop events have included political rallies, charitable fundraisers [...]

This was a big week for economic data, especially concerning the fate of our ailing housing market. I try and avoid belaboring statistics because, well, they’re boring as heck. These numbers, however, are pretty staggering.
First, consumer confidence hit a 28 year low this month. [...]

Because of the potential housing market meltdown, Fannie Mae has adopted new underwriting guidelines in terms of individuals buying housing in condominium and community associations.  In the past, the major focus of lenders has been on the buying power of the purchaser, but in today’s volatile housing climate, the new rules also stress the financial [...]

I received this email recently and asked the sender if I might share it since her story isn’t unusual given all that has happened in the last couple of years. Names have been removed to protect the innocent, yada yada…

“I am a condo owner at …… Condominiums. I purchased my condo back in December of [...]

Stirling Sotheby’s International Realty suspended auction sales of 28 luxury lakefront condominium units on Lake Conway Saturday after potential bidders overreacted to a week of bad economic news that included airline layoffs, record high gas price hikes, an increase in unemployment and a plunging stock market.
“We had very strong interest in [...]