Most Expensive Condo: Listed for: $153,900 Sold for: $153,900 (days on market: 1) Least Expensive Condo: Listed for: $104,405 Sold for: $104,405 (days on market: 1) Median sales price: $126,705 Average days on market = 126       Source: Orlando Sentinel
Fairly recently, I posted an article about the number of condo conversions in Orlando that have been forced to abandon sales and go back to rental. Other conversions are both renting and selling. I often hear the view that because a particular Orlando condo community is now renting as well as selling, it is therefore undesirable to purchase there. Perhaps. But maybe not as undesirable as a condo community that completely sells out in record time. Why? Because when[...]
I'm not a band-wagon kind of guy - but I'm crazy about this iPhone. It's a quantum leap into the next generation of phones and once you've seen one, you'll want one. That's just the way it is. Of course Apple figured this out fairly quickly and so they threw another $100 on the price just days before its release. So now at $599, is it still worth it? Yes. But if you're in the market for an Orlando condo, you can pick one up for free! Just use CondoMetropolis.com to find your condo [...]
Joe and Rudy from the real estate Sellsius Blog rolled into Orlando last night as part of their Blog Tour USA . They met with a number of local real estate bloggers including Shaun McLane of Ekday and Posh'd, as well as bloggers from the Orlando Active Rain chapter. Condo Metropolis met up with them at Panera Bread to talk about Orlando real estate blogging with Erik Hersman of Realty Thoughts. Then we headed off to Office Max for some official documentary [...]
We recently reported on the number of Orlando Condos like Bella Trae that have started offering cheap trips to potential out-of-state buyers as a way of enticing them to visit the condominium. The condo-hotel conversion International Plaza Resort (formerly Sheraton) on International Drive is offering 3 days / 2 nights at their hotel for only $69 if you wind up signing a contract agreement. Now, you need to actually want one of these condos to make it worth your while of course, but if [...]
We've been here before: Back in December 2006 we were already seeing condo conversions go back to rental. Then in January, Eola Place went belly up. Then there was Knightsbridge at Stoneybrook - a fairly recent loss - and so the condo merry-go-round continues. To keep track of the latest then: Studio Park on Kirkman is rumored to have gone into bankruptcy; Orlando condo conversion The Cottages in Hunter's Creek has gone back to rental; likewise condo conversion Lakes at [...]
Most Expensive Condo: Listed for: $249,900 Sold for: $202,000 (days on market: 236) Least Expensive Condo: Listed for: $95,000 Sold for: $88,500 (days on market: 76)Â Median sales price: $155,000 Average days on market =Â 151Â Â Â Â Â Â Â Source: Orlando Sentinel
 If you don't already know, F.S.B.O. stands for: "For Sale By Owner." Meaning, no Realtor involved. Why? You save money in commissions. And if you're into that, you can also save money but cutting your own hair, doing your own dental work, defending yourself in court and cutting out your own appendix if you eat too many strawberries. Actually, sometimes, it's a good strategy; things go smoothly and everyone's happy. But sometimes it doesn't work out so well. I just came [...]
The Fountains at Millenia hosted their broker party last night. I suppose the real building won't be made of chocolate but last night the chocolate fountain ruled - at least for me. Call me the Fondue King, but that's where I hung out. Along with the strawberries and the Champagne. There was a band and a raffle and all the usual fun that goes along with such events. I even found time to learn a thing or two about the condominiums -- grabbed a couple of brochures. Ok, so to the relevant stuff. [...]
You've probably noticed there is a new search engine on CondoMetropolis.com. So there are now two ways to search Orlando condos. Why two? Well, the new MLS (Multiple Listing Service) database is where agents advertise their client's condominiums - and we're very happy to be able to share that with you! You can still search our original data-base, which is where you'll find the condo community inventory, i.e. condo conversions, the new construction and pre-construction condominiums and all the [...]
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