Orange County Next for Revision of Flood Zones

Orange county is the next county for FEMA to redo the 100 year flood plain zone for commerical and residential properties. As a result of FEMA new updated mapping technology 2,500 properties in Seminole county will be in a flood-prone zone, and the revision has removed the equal number out of a flood zone. FEMA moving along county by county and after this has been completed, digital mapping will be access by everyone. Courtesy by Orlando Sentinel 2/19/06.

Orlando Home Prices

Orlando area's existing home inventory continued to build in January, but sales and the median price continued to rise as the market settles into "a very comfortable stride," the Orlando Regional Realtor Association reported today.Sales of existing homes in metro Orlando rose to 2,318 in January, up 6.2 percent from the same month a year ago, the Realtor association said.Reflecting the cooling market is the rising inventory, though, as the 12,015 existing homes for sale in January in the core Orlando area was nearly four times greater than in January 2005. Courtsey of Orlando Sentinel 2/20/06.

Orlando Homes Hit Record Number

In January, the volume of homes in the Orlando area rose 262% percent, compared to January 2005 with more than 12,000 homes, which is the highest in the last decade. As a result more real estate agents are being utilized by sellers to market and sell their home and less sellers are doing "for sale by owner". There will more choices for buyers and buying will pick in the Spring time. Courtesy of Orlando Sentinel 2/21/06.

A New Condo Development Champions Gate

Champions Gate convienently located a few miles from Disney off I-4. Champions Gate located southwest Orlando near Osceola-Polk county line will be building $42 million big mix use condo project. Champions Gate already has AAA four diamond Omni Orlando Resort. Courtsey of Orlando Sentinel 2/17/06.

Orlando Builders Offering Big Incentives to Lure Buyers

Would you like to receive 2 years of prepaid home owners association fees, cable TV and interet access worth approximately $300.00 per month, plus appliances, along with $6500.00 toward closing costs when you purchase a condo? Or receive a Valentines special of $50,000K off for a home purchase through Lennar? These buyer incentives are ways to lure buyers and are signs the Orlando housing market is cooling off. Courtsey of Orlando Sentinel 2/15/06.

Orlando Home Sales Finish Strong 2005

Setting 13th consecutive year level in total existing home sales in Orange, Seminole, Lake and Osceola counties totally $8.4 billion for 37,453 homes sold.

Homes for Sale: $1

By Teri Cettina • Bankrate.com


With real estate prices at record levels throughout much of the country, would you believe there are still some home bargains waiting to be found? How about a three-bedroom Kansas City, Mo., bungalow for $22,000? Or a two-story river-view Victorian in Jonesville, N.C., for $19,000?

Still too rich for your blood? Maybe you'd be interested in a traditional New England farmhouse for, say, $1. Yes, you read that right: A home that costs a single George Washington, one dollar. Click on link for full information. Clink of link for more information.

Vacation Homes Have Cooled

Four Corners rentals also down, experts say Kelly Griffith Sentinel Staff Writer February 8, 2006

FOUR CORNERS -- A year ago, if Shani Parkin delivered an eager buyer to a vacation-home builder in the red-hot Four Corners area, the Kissimmee real-estate consultant had little to show for her effort.Builders then had plenty of their own buyers, thank you very much. Today, they call. They send cards. They want her help unloading their new homes.The houses, popular with British vacationers, are getting harder to sell as the properties soar in price, grow in number, and more overseas investors cash in their equity, experts in the business say. Rentals of the homes also are down. Click on link for more information.

Existing Home Sales Remain High

February 5, 2006 Orlando Sentinel

While the average median price of existing homes sold in Central Florida dipped slightly from November to December, it was still 35 percent higher than a year earlier, with Seminole posting a median price of $291,334. Seminole County existing-home sales through the Orlando Regional Realtor Association rose nearly 17 percent in December compared with the same month a year earlier, from 531 to 621. For the year, 7,038 existing homes were sold in the county, up 5.8 percent from 2004. Click link for more information.