The Orlando Condo Blog

Orlando MLS Search Engine Help

M. Burke — Tue, 14 Jul 2009 03:41:33 +0000

Seems a few folk aren’t aware that you can search the Orlando MLS on our site, so we put together a 2-part video. This is Part I: The Basics - for those who are ”tech...

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Orlando Condo Sales Rebound

Marcus Burke — Sun, 12 Jul 2009 23:48:40 +0000

Home resales in the Orlando market grew more than 43 percent in June, according to the Orlando Regional Realtor Association. Realtors sold 2,131 homes last month in the Orlando metropolitan...

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How Much Recovery Is Really In This Recovery?

Greg Whiteside — Tue, 07 Jul 2009 19:06:18 +0000

The stock market at large has risen approximately 33% from it’s lows last year, fueling feelings of cautious optimism amongst market participants. However, over the past few months bonds,...

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Sanctuary Death Plunge

Marcus Burke — Mon, 06 Jul 2009 16:54:56 +0000

One of our favorite Orlando condos is the Sanctuary downtown on South Eola drive. Like a great many of the downtown condos this weekend, the Sanctuary played host to a number of July 4th parties...

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Cheap Orlando Condo Investments Elusive

Marcus Burke — Tue, 30 Jun 2009 23:43:45 +0000

We’ve noted for some time that the cheapest Orlando condo foreclosures are attracting a great deal of attention. In recent weeks things have got crazier. The truth is that at the moment, the...

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Posting Debtor Lists to Collect Delinquent Assessments

Lisa Magill — Tue, 30 Jun 2009 20:08:09 +0000

The Florida Consumer Collection Practices Act Prohibits Associations From Posting Delinquency Lists and Taking Other Actions to Collect Assessments and Maintenance Fees. There have been a number of...

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Veranda Park Condos, MetroWest Orlando

Jens Raduschewski — Tue, 23 Jun 2009 21:29:30 +0000

The Orlando Business Journal reports today that Veranda Park condo developer Kevin Azzouz and Fifth Third Bank have been ordered to work out an issue relating to a bankruptcy filing and foreclosure...

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The Truth About Condo Loans

Marcus Burke — Tue, 23 Jun 2009 20:58:42 +0000

We’re well into the worst housing bust most of us will ever witness, yet we still get calls from bemused buyers who take it very personally when we tell them they can’t get a loan on an...

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NAR Chief Economist: S. Florida Real Estate Market At Bottom

Marcus Burke — Fri, 19 Jun 2009 13:42:50 +0000

The South Florida residential real estate market is at bottom and likely to experience some appreciation within a year, the National Association of Realtors Chief Economist Dr. Lawrence Yun said. Yun...

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Orlando Condo Pet Restrictions

Richard Thompson — Thu, 18 Jun 2009 20:56:06 +0000

Question: I have often wondered where the pound limitation came from in HOA pet policies. I have always considered small, yappy dogs to be more of a nuisance than larger dogs that don’t have...

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Still Waiting for Bottom? Watch Out!

Marcus Burke — Wed, 17 Jun 2009 19:36:59 +0000

There’s increasing evidence that those waiting around for Orlando real estate to hit bottom are not only going to miss the mark, but will also be trading minor potential price drops for...

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Orlando Condo Hunters Back With A Vengeance

Marcus Burke — Tue, 16 Jun 2009 03:13:49 +0000

Low prices and low interest rates are causing those with cash to jump in and scoop up some of the best condo deals Orlando has ever seen. Since the beginning of the year, condo inventory has dropped...

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Like a side of fried rice with that 2.5 trillion dollar debt?

Greg Whiteside — Wed, 10 Jun 2009 17:32:43 +0000

So, everyone jokes that we’ll all be speaking Chinese in the next century because they’re “buying America piece by piece”. Well, how much does China really own of us? And...

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Bermuda Dunes Condo - Bank Owned Steal

M. Burke — Wed, 10 Jun 2009 01:43:27 +0000

Just listed! This 2/2 unit at Bermuda Dunes condos in MetroWest, Orlando is for sale at just $51,500. (Used to sell for over $300K.) I looked at it this evening and it’s in move-in condition....

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It’s a good news, bad news kind of situation…

Greg Whiteside — Wed, 03 Jun 2009 10:13:03 +0000

Good news: The $8000 tax credit for first-time homebuyers can be applied toward your down payment or closing costs at the time of purchase. YAAAY!! I believe that warranted the bold-print. Realize,...

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Star Tower condo Deals downtown Orlando

Marcus Burke — Wed, 03 Jun 2009 01:12:58 +0000

Orlando condo prices seem to be stabalizing at last with the first wave of bank owned deals starting to dry up. It seems likely there will be a second wave, as short sales fail and become...

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Tax Credit can be used for closing costs

Marcus Burke — Sat, 30 May 2009 21:33:31 +0000

News just out from HUD: Bridge loans received the go-ahead that enable first-time buyers to use the benefits of the federal tax credit upfront (instead of having to wait for the tax write-off). Under...

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Sanctuary Condos Double Restaurant Closure

Marcus Burke — Thu, 28 May 2009 14:39:04 +0000

We first posted the opening of the Sanctuary Diner in March 2009 as it re-emerged from its prior life as French-themed Fifi’s. Unfortunately, the Diner didn’t make it. Nor did Graze,...

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Bella Piazza Condos, Davenport

Jens Raduschewski — Wed, 27 May 2009 19:09:12 +0000

Bella Piazza Goes Hardcore One of the indicators of a change in the market will be the instant hardening of sellers (in particular developers) towards buyers with the loss of incentives and a refusal...

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Orlando a Hot Market

Marcus Burke — Wed, 27 May 2009 16:10:25 +0000

Realty Times now describes Orlando as a Hot Market. More surprisingly, they think the market has shifted from a “buyer’s market” to a “normal market”: “The market...

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