Here's the tease. (Turn those speakers up!) For more detailed info on this summer's Orlando condo auctions see the post above.
We don't normally talk much about deals outside the Orlando metro area but these condos on the Tampa Bay look pretty good. One-, two- and three-bedroom condos and townhomes starting at $68,900. This is not a short sale or foreclosure, but direct from the developer. "Waterside at Coquina boasts two distinct villages on either end of Coquina Key, where you have the freedom to live where sails and dophins dot the horizon and you can stroll along 3 miles of sea walkways. Enjoy cocktails and [...]
Despite the downturn in the market, some of the Orlando downtown condo towers are continuing to sell, albeit at a slower pace. A hard push by the sales team appears to have paid off and there are just 3 developer units left downtown Orlando at the Sanctuary: Sanctuary Downtown Unit 1114, 2 Bed/2.5 Bath, 2080 sf, with private wrap around terrace, city view. Offered at $499,900. Unit 1609, 3 Bed/ 2.5 bath,2035 sf, with two private terraces, SE views. Offered at $499,900. Unit 1507, 2 Bed/ 2[...]
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 challenged". Don't forget to turn on your speakers! We'll publish Part II next week and look at some of the more advanced features of our MLS search that will have your property matches coming directly to your inbox! Hope it helps!
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 statistical area, and the sales growth has helped pare down area inventory supply to single digits for the first time this year. Homes in the Orlando area spent an average of 104 days on the market before being sold in June 2009, and the average home sold for 93.8 percent of its listing price. Along [...]
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, commodiÂties and stock markets seem to be stuck in a trading range that none can budge. So why the sudden freeze? The short answer: no one really knows how much recovery has actually happened. Sure, we've gone through the majority of one stimulus package, and that provided a nice boost. But [...]
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 where views of the Lake Eola fireworks were second to none. Unfortunately, tragedy occurred when one man fell from floor17 of Sanctuary's 18 floors during one such party to his death. Police have identified Wyatt Cragan, of Boca Raton, as the man who fell. Reports show 25-year-old Cragan was at a party[...]
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 market is red hot in the under $60K bracket. So hot in fact, that it's become almost impossible to buy anything. Condo inventory is dropping rapidly as more and more investors decide that Orlando is now at bottom. Whereas before Christmas we had a better than even chance of making the winning bid on any [...]
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 newspaper articles explaining actions taken by community association boards and managers to collect delinquent assessments. The Miami Herald reported that some associations post lists of the names of the owners behind on their fees and others deny security access devices to tenants of [...]
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 auction at the Veranda Park condo project in MetroWest. The filing concerns multiple ventures, including the office space as well as The Residences at Veranda Park, a 157-unit residential condo building on Hiawassee Boulevard. The condos are scheduled for foreclosure on July 14 if [...]