The Benefits Of Buying An Orlando Condo

Have you heard of an Orlando condo before? While a large number of individuals associate Orlando condos with rentals, did you also know that you could buy your own Orlando condo? Although that sounds pretty nice, you may be wondering whether or not you really should by yourself a condo in Orlando. If that is the case, you may want to take the time to examine the benefits of doing so. Just a few of the many benefits to owning an Orlando condo are outlined below.

One of the greatest benefits to owning an Orlando condo is the multiple uses. For instance, a large number of Orlando condo owners choose to reside fulltime inside their condos, but other only use them when they regularly travel to the Orland area, whether that travel is for business or for pleasure. Should you choose to buy an Orlando condo, you can use it as however you see fit. Essentially, this means that whether you would like to live in your Orland condo year round or only on occasion, it is your right to do so.

Another one of the many benefits to owning an Orlando condo is the selection that you have to choose from. Orlando condos come in all different sizes, shapes, and styles. In fact, in the Orlando area, there are a large number of condo complexes, which each hold numerous condo units. Whether you are looking for a condo that has one bedroom or four of them, you should be able to find at least one condo in the Orlando area that can give you what you need.

In keeping with the above mentioned benefit of choice, you also have a choice when it comes to deciding where in Orlando you would like to buy a condo. As it was previously mentioned, condo complexes can be found all over the city of Orlando. If you are looking to live in Orlando fulltime, you may want to find an Orlando condo that is located close to your place of business. Should you only be interested in visiting Orlando while on a vacation or even if you are looking to retire in an Orlando condo, it may be a good idea to examine local activities or attractions that you would be interested in participating in or visiting. A conveniently located condo is one of the best ones to have.

Cost is another benefit to buying an Orlando condo. While many individuals consider the cost of condos, including Florida condos, to be quite high, it is important to remember what you are getting. It has been said that condos represent a combination of a house and an apartment. They have many of the rooms that a traditional home would have, but they are compact like many apartments are. For that reason, you will find that many Florida condo prices are consistent with the average selling prices of homes in the area. When compared to renting an Orlando apartment, you may very well find yourself saving money, overtime, with the purchase of an Orlando condo.

Isn’t it amazing that there are so many benefits to buying an Orlando condo. What is even more amazing is that the above mentioned benefits are just a few of the many that exist. If you are interested in buying a Florida condo, particularly an Orlando condo, it is advised that you do a little bit of research to first get your search started. When doing so, you will want to examine Condodomain.com. Condodomain.com is your one stop resource for buying a Florida condo, including a condo in Orlando.

Source : http://www.isnare.com/

Condo - Hotel Orlando, Why Purchase?

Why purchase a condo hotel in Orlando?

Condo hotels have quickly become one of the hottest commodities in real estate. As more and more people realize the investment potential of these units, the demand for these properties continues to grow. While the majority of buyers are focused on the investment opportunity a condo hotel offers, many are quickly realizing the extra benefit of the hassle free ownership of a luxury unit in one of the top vacation destinations in the world. This ability to use a condo hotel as a vacation home is almost as important as the investment diversification that these properties offer.

With such a high demand for these properties, the condominium hotel market continues to see most new properties sell out in the pre-construction phase. In fact, because of the tremendous demand, a large percentage of these properties are taking reservations for the purchase of 100% of their units well before they have even broken ground on the new construction. It is the real estate investors that are getting in earlywho are able to purchase at a lower price point, secure many of the best units, and are realizing amazing initial appreciation on their condo hotel investments.

If you plan on utilizing a condo hotel unit as not only an investment opportunity, but also as a vacation home, you will not find a better type of property, or a better location then Orlando. A condo hotel provides a first class vacation accommodation in a high demand location. Plus, when you are not using your unit, someone else takes care of the renting, managing and maintenance. Truly the definition of a hassle free opportunity!

The Condo Hotel Advantage?

* Your own luxury vacation accommodation that you and your family can use at any time located in the vacation capital of the world.

* Generate rental income from your unit when you are not using it.

* Purchasing now allows you to get in at a lower price before the popularity of these units cause the influx of new investors to drive up prices.

* Acting now also provides an opportunity for higher gains with a real estate investment that will diversify your portfolio. Condo hotels historically offer better returns then traditional real estate investments(2nd homes, commercial buildings, etc.) while allowing the owner to actually use and enjoy the property for themselves.

* Hassle free opportunity! Someone else takes care of the renting, managing and maintenance of your unit.

The Orlando Advantage?

* Orlando is one of the hottest housing markets not only in Florida, but in the entire world. The demand for homes is so great that it currently has close to a zero inventory of newly built vacation condos/homes.

* Orlando property continues to be undervalued by 30% when compared to other major city markets in the United States.

* The average hotel occupancy rate for Orlando is 78.9% (March ?03 thru March ?04).

* The average real estate appreciation rate for 2004-05 was 27% (with the short term vacation rental market being higher).

* Orlando sees 40 to 55 million visitors each year.

?more advantages of why you should buy in Orlando!

Yet every condo hotel does not offer the same investment potential. As this new market continues to gain popularity, it takes a seasoned eye to identify which properties offer the best opportunity for financial gain. The Buy Vacation Condos team will combine their considerable experience in this new market with their knowledge of the Orlando area to help you locate a property that not only fits your price range, but also offers the amenities you desire. They will work closely with each client to help them achieve their financial goals, by searching for the best possible investment opportunities with the least amount of risk. At Buy Vacation Condos, we don?t just sell property; we help our clients build a diversified real estate portfolio with the ultimate goal of financial independence.

We encourage you to take a moment to review some of the condo hotels investment opportunities currently available below, or contact us to personally discuss this exciting new real estate investment opportunity.

There has never been a better time to participate in the Orlando short-term vacation market. We are here to help you answer those questions and advise you along the way.

Source : http://www.florida.am/

More Orlando-area hotels are going green

The Rosen Plaza Hotel, the Rosen Centre Hotel and six other Orlando-area lodges have recently received state certification for Florida's Green Lodging Program, an effort to encourage conservation practices in the hospitality industry.

The latest designations give Florida 59 properties certified as Florida Green Lodges through the voluntary program, which sets conservation objectives for hotels. There now are 27 Florida Green Lodges in Central Florida, from Cocoa Beach to Mount Dora and from Walt Disney World to Daytona Beach.

To be designated a Florida Green Lodge, a hotel must follow certain green practices, such as low-flow plumbing fixtures and a linen-reuse program, the installation of Energy Star appliances and programmable thermostats.

The other recently certified hotels include the Tremain Street Cottages in Mount Dora; the Royal Plaza at the Walt Disney World Resort in Lake Buena Vista; and the Hawthorne Suites Orlando Airport, the Embassy Suites Orlando International Drive Convention Center, the Embassy Suites Orlando International Airport and the Embassy Suites Orlando North, all of which are in Orlando or the International Drive area of Orange County.

All three Rosen hotels in Orlando's International Drive area are now certified as Florida Green Lodges. In the coming months, the entire company-managed Embassy Suites portfolio in Florida will be taking steps to receive a "green" designation as well, the company says.

Wizard's work?

Universal Orlando has quietly begun groundwork, apparently, for construction of its big Wizarding World of Harry Potter attractions area, which is set to open in a couple of years in Islands of Adventure.

Universal officials last week would not talk about the construction. But earth-moving and utilities equipment were visible last week clearing and preparing two sites adjacent to the theme park's Lost Continent area. Last spring, Universal officials announced that the Wizarding World area of rides, shops and other attractions, based on the enormously popular J.K. Rowling books and Warner Brothers movies, would be carved out of The Lost Continent plus adjacent back-lot property beyond the park's fence.

One area being worked last week, outside the park fence between the Flying Unicorn ride and the Jurassic Park River Adventure, was reported earlier this summer to be the planned site of the Hogwarts castle from the Potter stories -- a report that Universal would not discuss. The other area being worked was outside the park fence behind the Sinbad Stunt Show theater and The Dueling Dragons coasters.


Happy New Year!

Orlando looks like it will be among the top travel destinations in the world for New Year's revelers, according to a Yahoo! Travel survey.

Orlando ranked fourth in the survey, which was based on the number of searches for hotel rooms on New Year's Eve on the Yahoo! Farechase search engine.

Las Vegas came in first, followed by New York and Boston. Paris ranked fifth.


Magazine debuts

Orlando Attractions Magazine is the latest entrant in the regional travel-magazine business.

The December/January debut issue features a cover story on Epcot's 25th anniversary and includes stories on the Nickelodeon hotel and dining at CityWalk.

Orlando Attractions' owners plan six issues a year that focus on Central Florida's theme parks, other tourist attractions and restaurants. Unlike many similar local publications that focus on ads, coupons and press releases, Orlando Attractions plans to include original editorial content relevant to people visiting the region.


Ski-in, ski-out

Wyndham Vacation Ownership, the Orlando-based time-share subsidiary of the Wyndham Worldwide hospitality group, has opened its first ski-in, ski-out resort in New Mexico.

The WorldMark Red River is a 21-unit, condominium-style development in the Sangre de Christo Mountains.

Buyers purchase credits in Worldmark, which can be converted into vacation time at an assortment of Worldmark properties.

Source : http://www.orlandosentinel.com/

Orlando Foreclosure Homes

Over the past couple of years various states in the United States of America are facing a surmounting foreclosure rate. The state of Florida is one amongst them. In fact the state of Florida leads in its foreclosure rate. Within the state of Florida there are several such areas where a large number of foreclosure homes are available for sale and one amongst them is Orlando.

In Orlando it is found that several residential properties are facing foreclosures. In fact report for the first half of the year 2007 has revealed that the city of Orlando posted a total of 8,325 foreclosure filings. This in turn means that there was one foreclosure filing for every 98 household. Reports also reveal that till June 2007, a total of 6,098 properties faced foreclosures. Due to high foreclosure rate in Orlando, the city ranked 33rd amongst the country’s top 100 areas having a high foreclosure rate.

The foreclosure rate in Orlando has increased significantly, which in turn means that several foreclosure homes are now available for sale, thus providing a good opportunity for buyers. There is no dearth of foreclosure homes in Orlando. From the simple to the stylish luxurious mansions, Orlando has it all. Different types of homes comprising of apartment, ranch homes, waterfront houses, and much more is available in Orlando’s list of foreclosure homes. So be it resale or new homes, buyers have a variety of homes to choose from.

It is found that Orlando foreclosure homes provides a wonderful opportunity to invest and several real estate investor are showing interest in investing in foreclosure homes in Orlando. The once hot housing market is Orlando is witnessing a significant fall in its prices due the mounting foreclosure rate, and real estate investors are taking full advantage of this opportunity. Other than this, Florida, and in turn Orlando enjoys a much milder climate and has a flourishing economy. As a result of which several people are seen acquiring residential properties for temporary or permanent stay. Taking advantage of these conditions, real estate investors buy foreclosure homes in Orlando at a much lower price and either resell them, or rent them, thus gaining huge amount of profits.

Several such foreclosure homes available in various areas of Orlando.

Source : http://www.foreclosurelistings.com/

Relaxing & Unwinding in Orlando

There is nowhere better to unwind than Orlando. Play a leisurely round of golf, enjoy a poolside champagne brunch, or picnic in one of Orlando's beautiful parks. Away from the bustle of the major attractions, there are sanctuaries of peace and quiet.

Lake Enola and Loch Haven Park in Orlando offer gentle walking, waterside benches for picnics or people-watching, and breathtaking panoramic views of the city. There are spas to be pampered in and resorts with Olympic-size pools, surrounded by palm trees and tropical vegetation, where you can laze the day away. And, just a short drive away are the magnificent beaches of the Atlantic Ocean and the Gulf Coast.

Insider's Guide: The Best of Relaxing & Unwinding in Orlando

Spend a leisurely day at Wekiwa Springs State Park (1800 Wekiwa Circle), just north of Orlando in Apopka. It's where many of the locals hang out on the weekend, so go during the week when it's less busy. You can sunbathe or swim in the spring that remains warm year-round, or walk along 13 miles of gentle trails through Florida vegetation that hasn't changed for thousands of years.

If you take a canoe trip along the Wekiva River, you might spot river otters, black bears, and alligators. Admission to the park is $5 per car, so it's one of the best value deals around. You can also rent canoes or kayaks at the park for $12 for two hours, and barbecue grills are provided.

A great way to relax and unwind is to spend a few hours next to the pool (every resort has one) or at a nearby beach. Within a 45-minute drive of Orlando is Cocoa Beach with its white sand beaches, or drive a little farther north to New Smyrna Beach and Daytona Beach.
Golf in Orlando is as good as it gets. More golf courses are located in the Greater Orlando area than anywhere else on earth. You should play early or late in the day when the sun isn't so warm. The Kissimmee Golf Club (3103 Florida Coach Drive, Kissimmee) is a challenging 18-hole course with the additional hazard of lots of wildlife.

Other good public 18-hole courses are the Wekiva Golf Club (4100 Wekiva Club Ct, Longwood) and the Hawk's Landing Golf Club (8701 World Center Drive). No matter how you do on the links, each course has a clubhouse to relax in afterward.

Relax on an hour-long, narrated Winter Park Scenic Boat Tour, an 18-passenger boat ride on three of seven lakes and two narrow, manmade canals in the small city north of Orlando. The boats leave every hour from the end of Morse Boulevard at Lake Osceola in the city of Winter Park.

Spend a few hours exploring Lake Eola at Lake Eola Park (195 N Rosalind Ave) in the heart of downtown Orlando. The city was originally situated on the west side of the lake, and residents swam and fished in the lake and picnicked along its banks.

Today, the city has encircled the lake, and a walk around the water's edge offers panoramic views of Orlando's skyline. The park is beautifully landscaped, rich in wildlife, and has a spectacular fountain in the center of the lake.

Just east of Lake Eola is Thornton Park, one of Orlando's trendiest new areas that has some great restaurants and cafes, such as Mobil Two-Star Hue (629 E Central Blvd), which offers gourmet fare and killer martinis.

If you are interested in people-watching, grab a table at Houston's (215 S Orlando Ave) in Winter Park between 5 pm and 7 pm any weekday or sit at Bahama Breeze (499 E Altamonte Drive) in Altamonte Springs around the same hours. You can eat and drink, but most people go to see and be seen.

Source : http://travel.howstuffworks.com/

Retail Mixed Use Center Designed by Wakefield Beasley & Associates set to open in Orlando's tourism

A 108,000 square foot mixed-use retail project designed by Wakefield Beasley & Associates Architects, Inc., is under construction now and set to open in March at the intersection of Universal Blvd. and Canadian Ct. in southwest Orlando.

Dennis Schott, project manager for the Jacksonville office of Wakefield Beasley and construction administrator for the 12-acre project, said Lake Cay Commons will feature a 13,000 square foot grocery store anchor, adjacent 13,000 square feet of retail shops, another 42,000 square foot building with retail shops and second-floor offices as well as out parcels.

"This project has been a long time coming for an area which is perfect for a grocer," said Schott. "With our site overlooking Universal Boulevard and just a few blocks from the Orange County Convention Center, it's perfect for both tourists and residents in the area."

"The project provides pedestrian access to serve the residents of Universal Boulevard from the adjacent condominium complex and nearby Shingle Creek," he added.

Thomas Enterprises of Newnan, Ga. is the developer. J. Raymond Construction, Inc., of Longwood is the general contractor.

Source : http://www.larryvershel.com/

Shop ‘Till You Drop at Downtown Disney in Orlando Florida this Christmas

Get into the spirit of the holidays while you shop at Downtown Disney this Christmas season. It’s a shopping experience like no other…because it’s right in the middle of all the Disney magic! Every avenue is dressed up for the holidays and you’ll find fantastic dining, entertainment, shopping and more as you stroll the decorated storefronts and eating establishments. Everyone visiting this awesome shopping emporium is full of good cheer and bubbling with excitement and it’s no wonder…there’s so much to see and do! From cute, eclectic boutiques to decadent candy stores and a plethora of fine dining choices, it’s a fun and whimsical journey you’ll want to experience again and again. Kids will love the decorations and the chance to see Santa himself in a beautifully decorated cottage that is Santa’s home away from home while he greets children from around the world. You’ll also find a Lego store unlike any other with giant Lego sculptures and statues made entirely of Legos! You’ll find the World of Disney Store with life-size audio animatronics, larger-than-life size Disney characters flying suspended from the ceilings and special sections for boys and girls to dress up and imagine to their hearts content. You’ll have a hard time deciding what to do next, but you’ll definitely have more fun than you ever thought you’d have while shopping!!


Source : http://blog.orlandovacationnews.com/

Orlando Condo Rentals at Windsor Hills

Orlando condo and town house rentals at Windsor Hills.

Windsor Hills is a 5 star Orlando condo and town house rental resort located 2 miles from Disney. The Olympic-size swimming pool with a water park slide and whirlpool spa are the focal points of the resort.

Windsor Hills is located just minutes from the Magic Kingdom, Epcot, Animal Kingdom, MGM Studios, Downtown Disney, and Wide World of Sports.. Our condo rental is also close to Orlando's other main attractions, such as Sea World and Universal Studios and the sights of International Drive.

All of our condo rentals have a screened in lanai and the town house pool area is also screened. Both are a great place for you can sit in the morning and enjoy a cup of java or your morning tea. At night it's ideal for sitting outside with your favorite drink and just relaxing.

The dining areas are comfortable for 6 to 8 guests. The kitchen is fully equipped with everything you might need to prepare a light snack or a gourmet meal. All dishes, utensils, etc. are there for your use. Of course there is a coffee maker, toaster, blender, microwave, stove, refrigerator, and dishwasher. Pack light because there is also a full size washer and dryer located in all of our condos and the town house.

Our Windsor Hills luxury vacation rental condos and town house are beautifully decorated and furnished. The living room has a sleeper sofa and love seat. It is an ideal for watching TV or just relaxing and listening to your favorite music. There is a TV, music center and dvd/vcr and play station with games for your use.

The master bedroom of the 2 bedroom condo has a king size bed. The second bedroom has a king size bed and 1 twin bed. The master bedrooms of both of the 3 bedroom condo and town house rentals have a king size bed. The second bedroom of those condos have a queen bed and the third bedroom have two twin beds. All of the bedrooms in our condos have TVs.

Source : http://home.earthlink.net/~windsorhillsorlando/

Maui home, condo sales soft but prices up

The median price of a condominium in Maui County rose sharply last month to the highest level since June 2006. Single-family home prices also rose.

The median price of a condo jumped to $647,656 in November, higher than a single-family home, and a nearly 13 percent jump over the same month last year, when the median price was $575,000, according to data from the Realtors Association of Maui.

Sales last month were flat, with 78 units sold, compared to 77 units sold during November 2006.

The median price of a single-family home in Maui County was $624,000 last month, a 4 percent increase over November 2006, when the price was $600,000. The number of sales fell to 79, down from 113 last year.

Year-to-date figures show a different story, however. The median price of a single-family home for the first 11 months of the year was $625,500, a 10 percent drop from the same point last year, when the median price was $697,500.

Sales, on the other hand, are up 8 percent for the first 11 months of the year, with 1,025 homes sold compared to 949 homes sold during the same period in 2006.

Condo sales from January through November were down 5 percent from the same period in 2006, with 1,101 units sold, compared to 1,154 units sold last year.

The median price of a condo through the first 11 months of the year was $550,000, up 6 percent over last year, when the median price was $516,500.

Source : http://www.bizjournals.com/

Star Tower gets visits from city officials

Recently, the Mayor of Orlando Buddy Dyer and City Commissioner Pat Sheehan made a visit to Star Tower and amassed views of the city via the roof-top amenity deck. Their tour was part of the grand opening and ribbon-cutting festivities of Star Tower to Orlando’s core business district. Dyer is confident that the development will be successful over time and is glad to see the CBD’s residential market continuing to absorb more young, business savvy professionals and retiree’s alike.

The 100-unit complex is said to have over 80% of it’s inventory sold which is a miracle in itself considering the state of the local condo economy and the real estate market in general. I find this interesting considering I don’t see these units being listed or really advertised for sale anywhere…do you?

I work a few blocks away from this and I drive by it on the way home and I must say that it is really appealing to the eye from curb-side. Nice clean contemporary styling with subtle accents like rock wall water fountain and cool blue lighting in the lobby area add to the aesthetics. I think Historic Creations did a nice job on this one!

Source : http://www.orlandocondo411.com/

Orlando

Full Name
Orlando

Area
243 sq km
94 sq miles

Population
176,500

Time Zone
GMT/UTC -5 ()

Daylight Saving Start
first Sunday in April

Daylight Saving End
last Sunday in October

Languages
English (essential)

American English encompasses a multitude of regional accents of differing degrees of intelligibility.


Spanish (other)

Spanish has effective dual-language status in parts of southern California, New Mexico, Texas and Miami.


Native American languages (other)

There are 400,000 speakers of Native American dialects.


Religion

Protestant (50%), Roman Catholic (25%), Jewish (2%), Muslim (1%)


Currency
US Dollar (US$)

Electricity
110V 60Hz

Source : http://www.lonelyplanet.com/

Orlando - A Holiday Like No Other

Palm trees sway gently in the afternoon breeze. Laughter fills the air. New adventures await you around every corner. This isn't just any holiday. It's an Orlando holiday. And, memories are being made that will be with you forever.

Planning a holiday that offers the perfect experience for everyone in your family isn't easy. But, Orlando's collection of world-class theme parks, championship golf courses, great shopping, unique restaurants and thrilling outdoor adventures - complemented by more than 300 days of sunshine each year - makes it the destination of choice when planning the holiday of a lifetime.

Trying to decide between a relaxing warm-weather getaway and an action-packed adventure? With an Orlando holiday, you don't have to choose. You can have it all...on the same trip. So whether your perfect holiday has you hitting the links, stocking up on the latest fashions, relaxing by the pool or spiraling through the air on a white-knuckle roller coaster experience, you'll find just what you are looking for in Orlando. And, with new attractions, shows and resorts opening all the time, you are guaranteed to find new adventures each time you visit.

Source : http://www.orlandoinfo.com/

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Restaurants Orlando

Dining in Restaurants Orlando is a unique experience altogether. There is an extensive selection of dining options ready to satisfy the palette of one and all. From Asian to American and Italian to Japanese all the restaurant in Orlando compete with each other to provide exquisite dining experience.

Some top Restaurants Orlando are named below

Black Angus Steakhouse : It is a restaurant Orlando that serves only USDA prime or choice government graded mid western beef. Famous for ribs, fresh sea food, and chicken.

NBA City :It is a restaurant Orlando that blends a combination of good food, interactive basketball games and unique NBA merchandise. Twice voted the ‘Best Theme Restaurant'.

Phone: 3132051

Vallarta Mexican Grill : This is the best place to eat Mexican dishes in Orlando. Another special item is ice cold margaritas.

Phone- 9310362

Bubba Gump Shrimp at universal studio Orlando : Great tasting dishes based on the super hit movie ‘Forrest Gump'. Fun filled atmosphere for out and out dining delight.

House of Blues : Consists of traditional American cuisine with a Southern flair. Over 20 brands of Monterey wines available. Space is limited and reservation is encouraged.
Rainforest Café : Offers unique dining experience in an artificial jungle. Most realistic rain forest ever created.

Also present is a retail village which has plenty of souvenirs.

Phone: 8278500

Mandolins: Features delicious Mediterranean cuisine in a warm and comfortable setting. Phone- 3903907

Roy's restaurant in Orlando : mouth watering Euro Asian dishes with a variety of Thai, Hawaiian and Asian dishes.

Phone: 3524844

The Melting Pot : Offers four courses of fondue and great wine in a fine setting. The beef fondue, the Swiss cheese fondue or the chocolate fondue are equally delectable

Phone- 407903

Other famous Restaurants

* La Coquina, Phone- 407 239 1234
* Texas de Brazil, Phone-
* Emeril's Restaurant, Phone- 4072242424
* California Grill, Phone- 4079393463
* Wolfgang Puck, Phone- 4079389653
* Bongo's café Phone 4078280999
* Latin Quarter, phone- 4073635922
* Carrabba's Italian grill, Phone- 4078882727
* Outback Steakhouse-, Phone- 407 2925111

A trip to Orlando cannot be complete without Dining in Orlando. The unique flavor of the multi cuisine available in and around makes eating an equally pleasurable experience as enjoying the amusements in theme parks.

Source : http://www.mapsofworld.com/

National City opens Orlando wealth management office

Cleveland-based National City Corp.'s private client group, which specializes in wealth management for high net-worth clients, has opened an Orlando office.

With the addition of the Orlando location, the group now has three in Florida.

National City (NYSE:NCC) is one of the nation's largest financial holding companies focusing on commercial and retail banking, mortgage financing and servicing, consumer finance and asset management. It has banking locations in Ohio, Florida, Illinois, Indiana, Kentucky, Michigan, Missouri and Pennsylvania.


Source : http://www.bizjournals.com/

Vacation Home Orlando

Are you planning a unique get-away? Are you still thinking of a place to visit? Are you thinking of a fun-filled, remarkably wonderful vacation but you have a low budget? Then go to Orlando! It is a land of fun and entertainment. It is a place where nothing can go wrong. This is a place for you, your friends and your family.

Orlando is the home of different ranges of attractions. It has theme parks like Walt Disney, Sea World, and Universal Studios. It also has museums and parks like Morse Museum of American Art, Orlando Museum of Art, Cornell Fine Arts Museum, Zoo Orlando, Leu Gardens, Blue Springs State Park, Wekiwa Springs State Park, Cypress Gardens Adventure Park, Discovery Cove, Kennedy Space Center and Silver Springs. Orlando is also known for its water theme parks, the Disney's Typhoon Lagoon and Wet 'N Wild.

Aside from these, places such as Buena Vista Water Sports, Orlando Balloon Rides and Sky Venture are available. Fantasy of Flight, Daytona USA, Fun Spot, Gatorland, Green Meadows Petting Farm, The Holy Land Experience, Titanic- The Exhibition, Orlando Science Center, WonderWorks, Ripley's Believe It Or Not and Skull Kingdom are most-loved family sites.

Being one of the famous places of attraction, Orlando has all the types of lodging houses. They have high-rising hotels, ski resorts, camping sites, mountain lodges and vacation homes.

Vacation home have sprouted like mushrooms in Orlando. Almost every corner, there is a vacation home for rent or for sale.

Vacation homes are very different from other lodging places. It has more to offer than any of other lodging homes. First thing, staying in a vacation home is far more comfortable. You have the convenience of your home during a vacation. You can also enjoy more privacy in the comforts of your vacation homes. You will not be monitored whenever you go in or out of your place. Lastly, it is cheaper compared when staying in other lodging homes like hotels.

Whenever in Orlando, where can you find vacation homes for rent? Where are the reliable and efficient sources for it?

Vacation home rentals are widely advertised. You can find several listings in magazines and newspapers. There are also lists available online and through agents.

Another is through referrals of friends, relatives or neighbors. Some may have experienced renting a vacation home already and they might recommend the place where they stayed or the agents whom they talked to.

One source also is the visitors? bureau or information centers. You can check on their websites or personally visit them in their office.

Vacation homes can either be bought from real state brokers or it can be rented. Here are some things that you should consider in finding a good vacation home?

Make sure that it is not far from the attraction sites. It should be at least 10-15 minutes away from the recreation areas. This is to avoid meeting traffic along the way. It might take you 30 minutes to 1 hour going to and from a theme park if you stay far from the attraction sites.

If you prefer to rent a vacation home, check if short-term rental is applicable. Ask for the minimum number of days allowed. Occupancy usually starts from 5 to 7 days. Inquire also the necessary information that goes with renting the place. Make notes on which specific furniture is rented out separately. In some cases, high-chairs or strollers for kids are rented out per day or the use of heated swimming pool requires extra charge.

Ask for the list of amenities that goes with the house. Swimming pool is a plus but heated swimming pools or an additional jacuzzi is better. Request for a tour before reserving the place, they might give you another house than the one you talked about.

Larger backyards are also more preferable since it allows more activity and wider play area for kids. Bigger spaces mean more people can enjoy the house.

Consider the house structure. If traveling with an elderly or disabled, better go for houses with no 2nd floors. It limits movements for them and for you as well.

When you have finalized the agreement, make sure to write everything. It is safer if transactions are made into writing. Be specific with dates, time and payments made. Include clause that you think is important to be noted.

Vacation home in Orlando is very convenient. It is one of the best options in having a rewarding and fruitful vacation.

Source : http://floridatourism.tv/

Orlando's median home price drops 2.0 percent to $245,000

The median price of a home purchased in the Orlando area in August of this year decreased to $245,000, a 2.0 percent drop over August 2006's median price of $250,000. March and April of this year posted lower median prices: $240,000 and $242,100, respectively.

In addition, the latest data released from the Orlando Regional Realtor® Association reveals that inventory growth is continuing its slowing trend. The number of new homes added to the market in August 2007 was 295, above the year's record low of 95 in July but far below the record high of 1,729.

The number of sales in the Orlando area declined by 40.3 percent in August 2007 compared to August of last year (1,343 to 2,249). The number of sales that took place in August 2007 also declined over the number of sales that occurred in July 2007 (1,524). Year-to-date sales for 2007 (12,455 through August) are down by 37.2 percent over the same period in 2006 (19,824).

The month-to-month Orlando Housing Affordability Index and the First-time Homebuyers Affordability Index both improved in August: the prior increased from 84.0 percent to 85.0 percent while the latter changed from 59.8 percent to 60.4 percent in. (An affordability index of 85.0 percent means that buyers earning the state-reported median income are 15 percent short of the income necessary to purchase a median-priced home.)

The area's average interest rate was 6.60 percent in August — a tick above last month's rate of 6.50 percent.

Homes of all types spent an average of 108 days on the market before being sold; and the average home sold for 95.1 percent of its original asking price.

The majority of single-family homes (237) that changed hands in August 2007 were sold for between $200,000 and $250,000, while another 164 homes were sold for between $250,000 and $300,000. Two-hundred and forty-five homes sold for less than $200,000 in August, and 436 sold for more than $300,000. On the far ends of the scale, 38 homes were sold for $1 million or more while only four homes sold for less than $50,000.

Inventory

There are currently 26,313 homes available for purchase through the local multiple listing service (MLS). Inventory increased by just 295 homes in August 2007; July 2007 saw an increase of 95 homes; and June 2007 saw an increase of 460. Compared to last year, the August 2007 inventory level is 24.8 percent higher than August 2006.

The current inventory level reflects a 19.59-month supply at the current pace of sales.

There are 19,708 single-family homes currently listed in the MLS. Most (7,454) are listed in the $200,000 - $300,000 price range, while another 2,128 are listed in the $300,000 - $350,000 range. Condos currently make up 4,337 offerings in the MLS, while duplexes/town homes/villas make up the remaining 2,268. Most condos (1,081) are priced at $140,000 to $180,000; most duplexes/town homes/villas (600) are $200,000 - $250,000.

Condos and Town homes/Duplexes/Villas

The sales of condos in the Orlando area declined by 60 percent in August: A total of 143 condos changed hands in August 2007 compared to 360 in August 2006. In a month-to-month comparison, August 2007 condo sales decreased from July 2007 (143 to 171). Most condos (24) that changed hands in August 2007 were sold for between $200,000 and $250,000; followed by 22 condos that were sold for between $100,000 and $120,000. Year-to-date condo sales are down by 55 percent (1,645 condos have been sold so far in 2007 compared to 3,663 by this time last year).

Orlando homebuyers purchased 119 duplexes, town homes, and villas in August 2007, which is a 33 percent decline over August 2006 when 178 of these alternative housing types were purchased. Duplex, town home, and villa sales in August 2007 were nearly equal compared to the number of sales that took place in July 2007 (115). The majority (30) of duplexes, town homes, and villas sold in August 2007 cost between $200,000 and $250,000.

Source : http://www.floridapropertyagency.com/

Spacious Suites for Holiday Travel Featured at Springhill Suites Orlando Lake Buena Vista

Springhill Suites Orlando Lake Buena Vista in the Marriott Village offers amazing and adaptable accommodations that are perfect for holiday travel with the entire family.

Offering 25% more space than traditional hotel suites, this Lake Buena Vista, Florida hotel knows what it takes to make rooms that work for families. As an official Walt Disney World Good Neighbor® Hotel, Springhill Suites boasts an array of amenities, creating a cozy and convenient home away from home, while traveling during the holidays.

Boasting deluxe accommodations, Springhill Suites offers complimentary continental breakfast, high-speed Internet access, on-site parking and newspapers delivered daily.

Lodging in Orlando also features the choice of one king or two double beds, a sofa bed, mini fridge, microwave oven, hairdryer, coffee maker and two TV's, all for guests' added convenience. Separate shower and tub make spacious bathrooms into family-friendly spaces, while Marriott's Revive® bedding boasts crisp linens, custom comforters and fluffier pillows, for a restful night's sleep. For those looking to get some work done during the holidays, Springhill Lake Buena Vista suites also feature large work desks with phones, voicemail, data ports and ergonomic chairs.

In close proximity to Walt Disney World, SeaWorld and other area attractions, this hotel provides an exciting escape from the ordinary. Highlighted by an outdoor swimming pool with a children's play area and whirlpool, this family-friendly hotel offers a wide variety of children's amenities and activities, perfect for every Orlando family vacation.

The Village Food Court boasts an array of meal choices for on-site dining options. From pizza to ice cream and everything in between, this Orlando family restaurant is a quick and easy way to feed the entire family the foods they love.

Springhill Suites Orlando Lake Buena Vista is a remarkable tropical paradise, giving guests a convenient getaway just in time for the fast-approaching holidays.

About Springhill Suites Orlando Lake Buena Vista in Marriott Village
When looking for an exceptional Orlando area hotel, look no further than the spacious Springhill Suites in the Marriott Village. As an official Walt Disney World Good Neighbor® Hotel, this extraordinary Lake Buena Vista hotel offers 25% more space than traditional Orlando area hotel rooms. Continental breakfast, high speed Internet access, and on-site parking are all complimentary at this acclaimed Lake Buena Vista, FL hotel, while large guest rooms provide an abundance of amenities to reflect the comforts of home. Splash in the spectacular outdoor swimming pool with a children's play area or relax in the whirlpool. Boasting a variety of dining options, the Village Food Court at this Walt Disney Good Neighbor® Hotel offers ice cream, pizza, and sandwiches. Enjoy convenient, quick access to many nearby attractions, including Walt Disney World, Universal Studios, SeaWorld, and Discovery Cove. Indulge in spacious studio suites perfect for extended family vacations at Springhill Suites Lake Buena Vista, Florida Hotel.

Source : http://www.prweb.com/

The Orlando Condo Market: Part II - The Interstate 4 Analogy

Some condominiums have been postponed, others have been axed completely. I can rattle off over half a dozen condo communities that have done a vanishing act like this in the last few months (read more here). The inventory of condos for sale has dropped by several thousand, and the previously much sought after rental property has increased by much the same amount. Take a look at the leasing signs that have appeared outside former conversions in the last few months.

So slowly, the tide is turning and the market, always a slave to market forces, will eventually reach equilibrium again. For those of you waiting for even better pricing, for even better incentives; for those who think the worst is still to come, you may be about to miss the boat - and along with it, the opportunity to acquire property when the going was good. Legions are those who will eventually join the masses to buy - just as soon as the next scramble for equity begins - (which will be just as soon as the media tells you it’s okay to buy again). But by then of course, it will be too late, you’ll be the wrong side of the curve, just another body on an over populated bandwagon. And then will come that familiar refrain: “If only I’d bought when… I’d be laughing right now.”

If you want to be one of Orlando’s future hyenas, the trick is to stop doing what everyone else is doing and get back to basics: Buy low, sell high. It might seem pretty obvious, but if so, why did everyone buy high? Those same investors are now being forced to sell low. Now if you have a house to sell before you can take advantage of the current “buyers” market, I grant that makes life more complicated, but if you’re a first time buyer, there’s really no excuse for waiting. And if you’re hovering simply because relatives are telling you to wait, please shoot them, because developers are bending over backwards right now to sell you their condos. And their offers of free upgrades, waived HOA fees and countless other incentives will disappear overnight, the second the masses decide to join the party again. And that’s a promise.

Everyone wants to get ahead. But it’s impossible to get ahead of the crowd if you’re a follower - if you wait for everyone to tell you that the time is “right”.

Let me put it this way: Don’t you just love it when you’re driving into the city at the end of the day just as everyone else is trying to get out? You should try it some time. It’s fun when you’re doing 70mph eastbound (cough, by which I mean 55mph), while everyone else is doing 10mph westbound. The only people moving on I4 are the folk moving in the opposite direction to everyone else.

Real estate and stock trading are no different. In order to get ahead, you have to do the opposite of what everyone else is doing. I have a friend who claims to make more money day trading before his 10am cup of coffee, than he makes the entire rest of the day in his own business. I asked him what his strategy was and he said: “Buy when no one else wants to buy. And sell when no one else feels like selling.” It’s simple economics. And it feels great. Unless, of course, you’re a fan of the parking lot we affectionately call I4.

Source : http://blogs.condo.com/

Selling Your Condo

For whichever reason you may be selling your condo there are several things that you should keep in mind as you enter the selling process. Here are few tips to sell your condo as fast and as quickly as possible.

Study the Market

If you are currently living in your condo and have decided to move to another condo you have probably already started to investigate what the market is doing in your area. If you are selling a vacation or investment condo you should start to look at the market well before you are looking to sell your condo.

Market conditions will determine the price you will be able to get for your condo from a buyer and will also determine how long your condo will be sitting on the market. Study your local market and price your condo at the going market rate.

Choose Your Listing Price

Deciding on a listing price that you are comfortable with and that is conducive to the current market climate in your area is very important. You may want to employ a real estate professional to help you with this decision, although only you know what price you can afford to sell your condo for.

Pre-Market Your Condo

Start telling people that you are putting your condo on the market. Tell people in your lobby, at work, at the grocery store, etc, you never know who has been dreaming of buying a unit in your building. You may even get lucky and find a buyer without having to hire a real estate agent to help sell your unit.

List Your Condo

Now that you have decided on a sales price for your unit and have made preparations for other living arrangements you need to list your condo.For people that do not want to sell their condo by themselves and prefer to have an agent represent them now is the time to find a real estate agent that you feel comfortable with.

Offer Buyer’s Incentives

Buyer’s incentives are a great way to sell your unit faster, especially when the market is slowing. We have listed some of the most effective buyer’s incentives below as examples of ways you can help sell your unit faster.

1. Offer a Condo Warranty
2. Offer to buy down the buyer's mortgage interest rate. This may cost a couple of thousand dollars, but that's likely to be less than what it will cost you if your condo languishes on the market and you eventually reduce it by $10,000 or more to sell it.
3. Offer a higher buyers broker commission. This will give buyers brokers more of an incentive to bring buyers to your condo.
4. Offer to pre-pay a year's worth of association fees.
5. Offer credit toward the buyer's closing costs.
6. Offer a weekend getaway at an attractive lodge or hotel.

Entertain Buyers Offers

As buyers begin touring your unit you will begin to receive offers from the buyers on your unit. Some buyers will attempt to lowball your price while others may make an offer that is soo low you may be offended. You can now begin to respond to offers that you would like to entertain. You can accept the initial offer, make a counteroffer or stand firm on your initial price.

Closing

Once you have accepted an offer you can begin the closing process. The seller’s side of the closing process is usually less strenuous than the buyer side. As a seller you should monitor the closing process to make sure the buyer is staying on schedule with all of their responsibilities. The final closing where the title and all other documents are finalized usually takes place in the closing attorney’s office or in the office of the seller’s real estate agent.


Source : http://dallas.condo.com/

Orlando Mortgage Facts

Orlando Introduction

Orlando, the theme park capital of the world, is located roughly in the middle of Florida on the East-West Expressway (408) and Interstate 4. Orlando is the county seat of Orange County, Florida. It is an hour and thirty minutes northeast of Tampa, an hour southwest of Daytona Beach, and an hour northwest of Port Canaveral.

Orlando Neighborhoods

The City of Orlando has 88 residential neighborhoods. One of the more famous is the Lake Eola Heights Historic District, which has been a U.S. historic district since 1992. The Lake Eola Heights Historic District contains over 480 historic buildings.

Orlando Real Estate

In 2005 there were an estimated 101,981 housing units in Orlando (U.S. Census Bureau). Of these, 39.7 were owner occupied, 60.3% were renter occupied, and 7.6% were vacant. The owner occupancy rate in Orlando was substantially below the national average of 66.9% as of 2005.

Orlando housing is relatively young. Nearly 80% of Orlando's homes have been built since 1960, and slightly over half has been built since 1980. The vast majority of Orlando residences are 4 or more rooms with 2 or more bedrooms. Around 10% have 8 or more rooms and 4 or more bedrooms. As is true of most of Central Florida, most of Orlando's homes are heated by electricity.

An owner occupied home in Orlando had a median value of $194,300 in 2005. This was above the national average and substantially above the $103,200 median value in 2000. According to the National Association of Realtors (NAR), the median price of an Orlando home was up to $267,000 by the end of the Q1 2007.

In Orlando, three quarters (74.5%) of the owner-occupied homes have a mortgage loan. Many Orlando homeowners (28.9%) are tapping into the value of their homes with equity loans and/or second mortgages.Median monthly owner costs for a residence in Orlando were $1,250 in 2005, slightly below the average for the US as a whole.

Orlando Property Taxes

The Orange County Property Appraiser is responsible for identifying, locating, and fairly valuing all real and personal property within Orange county for tax purposes. The Orange County Tax Collector collects the property taxes for Orlando and Orange County. As of 2005, the median annual real estate tax bill for an owner occupied home in Orlando was $1,683 (US Census Bureau Data).

Orlando Schools

The City of Orlando, Florida is served by the Orange County Public School (OCPS) system. OCPS is the 11th largest school system in the United States, and the 4th largest in the State of Florida. OCPS is also the second largest employer in Central Florida.

Nearly 75% of the schools in Orange County earned A and B grades in 2006 under the state’s A+ Plan for Education. Since 2005 two of Orlando's public schools have earned recognition from the Federal Government's "No Child Left Behind-Blue Ribbon Schools" program.

Colleges and universities located in Orlando include: Barry University's law school, DeVry University, Embry-Riddle Aeronautical University, Everglades University, Florida A&M University's law school, Florida Institute of Technology, Florida Hospital College of Health Sciences, Florida Metropolitan University, High Tech Institute, Nova Southeastern University, Keiser College, Orlando Culinary Academy, Polytechnic University, Reformed Theological Seminary, University of Central Florida, University of Phoenix, and Valencia Community College.

Orlando Economy

The main engine of the Orlando economy is travel and tourism and Walt Disney World is by far the largest employer. But Orlando's economy is not solely dependent on tourism. Other major sectors of the economy include (ranked by size of employment):

* Trade, Transportation, and Utilities
* Professional and Business Services
* Government
* Educational and Health Services

There are three Fortune 1000 companies headquartered in Orlando (Airtran Holdings, Darden Restaurants, and Hughes Supply). Behind Walt Disney, Orlando's largest employers include: Adventist Health System, Federal Government, Florida Hospital, Orange County Public Schools, Orlando Regional Healthcare System, Publix Supermarkets, Universal Orlando, and Wal-Mart.

According to US Census Bureau data, as of 2005 the median household income in Orlando was $36,699. This was well below the national average ($46,242) and below the average for Florida ($42,433).

Source : http://www.citytowninfo.com/

Orlando Housing Market Sentiment index is 38/100 for November 2007

100 is in balance, less than 100 is a market value decline forecast, more than 100 is a market value increase forecast. Orlando Florida Housing Market Sentiment Trend Index is updated on this site the 1st of each new month. Make this site a favorite and visit often for the latest opinion in the Orlando housig market.

Current market conditions
The market is currently in the process of tipping in favor of buyers. We think the foreclosures peak will be the end of 2008 and this will be when bargains galore emerge.

Forecast conditions
The market will get worse, much worse as most adjustable rates have not yet kicked in and reset upwards.

Lending conditions
Are getting tighter. Many lenders will no longer lend in Florida unless the borrowers are significantly qualified. This will push demand down and prices with it.

When to buy
Possibly wait till the end of 2008. Why not rent a house, there are thousands for rent. You can get a $300K house for as little as $1400 a month. This is much cheaper than owning as a typical mortgage with taxes and insurance would be closer to $3000 a month as an owner.

Source : http://orlandorealestatetrends.wordpress.com/

Orlando, Florida Has it All

If you are going to Orlando, Florida, they have more to offer than a lot of places do. They have there beautiful sandy beaches, white sand and tan sand, and all the sea shells you would want to take home. On 3 areas of Florida you have beaches, the east side and the west side and of course down by Key West. They have Condos to rent and townhouses or you may want to buy a place for a vacation home. It's just a good place to get away and have fun, and relax. Daytona Beach is really beautiful and then Key West is a great place, plus my favorite is Pensacola where we rented a condo right on an island off Pensacola, and they were very reasonable. From miniature golf to go carts to just sun bathing was all great, everything in Florida is great. You may even want to go surfing or fishing in the ocean, maybe even sailing.

They have Busch Gardens, maybe Sea World or even Universal Theme Park, but I just loved the most famous one Disney World. I recommend it highly, for you to go there. You have to make reservations in advance if you want to stay on the Disney Worlds grounds, only because you benefit from staying there. They have several resorts to chose from. We chose the Caribbean Resort. The big advantage is that if you stay in the resort you get to go to the theme parks 1 hour earlier than anyone else. The Caribbean had there own restaurants and gift shops within walking distance of your rooms. All the resorts have different ones. Plus they all have pools or a lake to lounge around, to catch your breath. The views from every room were breathtaking, with the pretty landscape all done in different flowers and some in a figure of say Mickey Mouse or Minnie Mouse, so enjoyable to relax.
Early every morning there shuttles to take us to the theme parks of our chose. Each shuttle was color coded and they ran every 25 minutes. We planned three theme parks on that trip, Wild Kingdom and Epcot and last MGM. Wild Kingdom was so exciting because they put on different shows for you. Ours was the Lion King, it was the best ever, so colorful and all of there costumes just were so awesome with the music and all unbelievable. As you walk on through the park they had a safari ride which was like the real thing in Africa. All of the wild animals were right next to you, but of course they had underground wires to keep them from you.

The next theme park was Epcot, this was great because you could walk all the way around and see the different mock up of the countries and to sample there foods, or see there cultures. All of them dressed in their own nationalities. One that really stuck out was Italy, known for their statues really fascinated me so I walked over to get my picture taken by one and it touch me. Not really a statue but a person painted white like one and didn't move at all. They stayed in that pose for several minutes maybe even longer, who would of know that. I know for one thing I can scream, then they did there thing again for the next person that didn't realize it. This was so classical of them I could stand still that long.

The last place was MGM, they did shows, a big theater was playing "Honey I Shrunk the Kids" in 3-D. So they gave you 3-D glasses as you went in. This made some scenes jump out at you really clever. They also had an interesting mock up of Hollywood scenes in front of you on the streets. Every night each theme park shoots of fire works before they close that park. You could stay and watch them there or go back to your resort and even see them from your room. All of this by making reservations n advance; Disney World was really worth the time and the money.

Just over from Orlando you have the Kennedy Space Center where the Shuttle lifts off. Or maybe you wish to visit the Everglades or the Lakes. Three lakes most famous are Lake Copeland and Lake Lawson, but the most romantic lake is Lake Eola, they have swan boats, clubs with in walking distance and dinning. Then there is Gatorland in the everglades, they have several features like, marsh lands and Alligator Island, even flamingo lagoon and a petting zoo. So take a leap at Orlando and the surrounding areas of the sunshine state where you can experience it all.

Source : http://www.associatedcontent.com/

Orlando Vacation Rentals

An Orlando vacation rental or condo makes the ideal home base for family fun in central Florida. Or, book a vacation rental home in nearby Kissimmee or Davenport for easy access to a wide range of central Florida attractions.

Kissimmee, Davenport and Orlando vacation rentals are conveniently located near major theme parks, including Disney's Magic Kingdom, Epcot, Disney-MGM Studios, Disney's Animal Kingdom, SeaWorld Orlando and Universal Studios. Other area attractions include Discovery Cove, The Titanic Experience, Cirque du Soleil - La Nouba, Universal's Islands of Adventure and Gatorland.

But there's more to the Orlando area than theme parks. Visitors can ride in a hot air balloon or glider, go canoeing or horseback riding, or cool off at water parks like Wet 'n Wild Orlando, Disney's Typhoon Lagoon Water Park, Disney's Blizzard Beach Water Park and Water Mania. Orlando is a paradise for golfers, with more than 160 golf courses in the area.

Historic and cultural attractions for guests of Orlando vacation rentals include the Orlando Museum of Art, the Orlando Science Center, the Historic Waterhouse Residence and Carpentry Shop Museum and the Orange County Regional History Center.

A variety of performing arts are available to guests of Orlando vacation rentals, including ballet, opera, philharmonic orchestra, and theatre. Families will enjoy the theme dining experiences at Dolly Parton's Dixie Stampede Dinner and Show, Pirate's Dinner Adventure, Medieval Times Dinner & Tournament, Arabian Nights, and other venues.

Davenport, Kissimmee and Orlando vacation rentals are conveniently located for visiting other central Florida attractions such as Cypress Gardens Adventure Park in Winter Haven, Busch Gardens and Adventure Island in Tampa, Daytona International Speedway in Daytona Beach and the Kennedy Space Center.

The Orlando area is the ultimate family vacation destination. Reserve your Kissimmee, Davenport or Orlando vacation rental or condo today!

Source : http://www.triphomes.com/

Orlando Condos

Orlando is a growing city full of night life, sports and so much more. Find the Orlando condos that fit your lifestyle and budget by utilizing one of the many useful real estate websites on the internet. There are national and well as regional and local real estate search websites that can take the hassle out of comparing different properties.

Will you be using a real estate agent or realtor to aid you in your search as well as through the entire buying process? Most people find that using a realtor to find and purchase a home is the easiest and most efficient way to find a new home. Realtors will help you by compiling listings that match your individual criteria, as well as deal with property owners and agents.

Choosing a realtor can have a huge impact on the home buying process. If you find yourself dealing with a realtor that doesn’t seem to understand what it is you want, it can be very frustrating and difficult to work with the person. Though it’s normal for the relationship to take a little work, if you give your realtor feedback about what he or she needs to do to find the condo you are looking for and he or she doesn’t make improvements, it’s time to find another realtor.

find the right realtor from the beginning, you may find it useful to use an internet realtor review site to hear what other people thought about their experiences with particular realtors. If you don’t have personal word of mouth to go by, the next best thing is a review site that helps users compare and contrast realtors by location.

Once you’ve selected a few prospective realtors, go ahead and give them each a trial. Provide each realtor with your list of requirements and see what they come up with. You’ll quickly be able to tell which one thinks like you, which one will be most likely to come up with your dream Orlando condo.

Source : http://www.whatarecondos.com/

Orlando Dominates the U.S. Condo-Hotel Market

Why Orlando? The city is undeniably one of the nation’s top vacation destinations. Over the years, Orlando, Florida, has been repeatedly recognized for its outstanding hospitality industry with, on average, about 50 million visitors every year. The great weather, numerous theme parks, championship golf courses and convention centers for business conferences all contribute to Orlando’s national appeal. Orlando is, in fact, in the process of overtaking Las Vegas as the most popular site in the U.S. to hold business conferences.

According to the ARDA (American Resort Development Association), Florida is the most preferred state by Americans for the purchase of recreational property, and, according to the National Association of Realtors (NAR), foreign buyers favor Orlando over other U.S. cities and account for 23 percent of home sales in the city.

The condo-hotel market in Orlando is also unique because the units are larger than those in Miami and Fort Lauderdale, Florida. They are designed to accommodate families that visit the area’s theme parks. Units with two to four bedrooms are common in Orlando, whereas in other South Florida cities, units consist mainly of studios.

Orlando condo-hotel units also cost less per square foot than those in South Florida. Units sell for $400 to $700 per square foot in Orlando, and luxury units with resort amenities start at $350,000. In South Florida, units sell anywhere from $1,000 to $2,000 per square foot, and most units sell for a minimum of $500,000.

Source : http://www.rebusinessonline.com/

Orlando Condo Hotels Offer Value

Orlando condo hotel units tend to be larger than those found in cities like Miami Beach and Fort Lauderdale. Designed to accommodate the many families and extended families that come to the area theme parks, two-, three- and even four-bedroom units in Orlando properties are not uncommon. In South Florida cities, you primarily find studios and one-bedroom units.

Orlando condo hotel units also tend to cost significantly less per square foot than South Florida condo hotels. In Orlando, you can expect to pay $400 - $700 per square foot. You can find a luxury unit with resort amenities starting at $350,000.

In South Florida, most condo hotels start at $500,000 and up, significantly more if they're oceanfront. Miami condo hotel units range from $1,000 to $2,400 per square foot, and Ft. Lauderdale condo hotels range from $1,000 to $1,300 per square foot.

Although real estate appreciation has been occurring at an astounding rate of 20% to 30% per year throughout Orlando, many buyers still consider Orlando to be a good value when compared to other Florida locales and when all that the city has to offer is taken into consideration.

Source : http://www.travelindustrywire.com/

Condo buyers seeking release from contracts

ORLANDO -- Condo buyers who jumped into a white-hot real estate market a couple of years ago now are suing to get back their deposits on units that have dropped in value since they put money down.

Several civil suits were filed this year in Orange County Circuit Court by buyers citing breach of contract due to a variety of alleged material changes made that were not part of their original purchase agreements.

The buyers' goal is to get back their deposits, or for the developers to settle out of court, return at least some money and cancel the purchase contracts, say local attorneys.

And this is just the first wave of litigation regarding units in unfinished condo towers in Central Florida, say local lawyers involved in the current cases. Downtown Orlando has more than 4,000 condo units planned or under construction, says the Downtown Orlando Partnership.

Source : http://www.bizjournals.com/

About Orlando Condos

History is not as apparent on where the name Orlando originated. There are four stories that are told. One involves Judge James Speer, who worked hard in getting Orlando as the county seat, naming Orlando after a man who once worked for him. Another is that Speer named it after a character from Shakespeare’s, "As You Like It". A third version has Mr. Orlando on his way to Tampa with a caravan of ox. It is said that he got ill, died and was buried, and that folks would come by and say, "There lies Orlando"

The most common story is about a company of soldiers on duty during the height of the Seminole Wars. After battling Indians back into the swamps on the east side of Lake Minnie (now Cherokee), the military troop settled there for the night. Sentinel Orlando Reeves was guarding the camp when he spotted a log floating toward him. Recognizing the Indian masquerade and wanting to warn his fellow soldiers, he fired his gun. Arrows felled the poor fellow as the Indians came out to ensnare the camp. The Indians were chased back again, and the south side of Lake Eola was chosen to bury Orlando Reeves.

Orlando Condos and Real Estate has come of age in the center of Florida . Mickey Mouse, everybody's favorite mouse has caused the sleepy town to explode with tourists over the past several decades. With the population increase, a natural effect of wanting luxury condos to vacation and live in. Developers throughout the world have recognized the real estate needs of those in Orlando . There are currently several new condo projects rising in the downtown area of Orlando . It is more than tourists who are finding that this city is magical. The Orland music scene has helped find many top notch performers. And yes these same performers are buying condos and real estate in central Florida ! If you are considering buying a condo in Orlando, talk with the Realtors, professionals who can help you find the perfect Condo, and help you lease it as a vacation rental property.Every Orlando condominium is unique unto itself, each seemingly with its own personality.


Source : http://orlando.condocompany.com/

Condo Conversion Craze Continues in Orlando

As the condo converstion pace remains frantic, will potential house seekers have trouble finding an affordable Florida home loan? So far, the city has proven to remain far above the problems facing other sectors of the state.

There’s no real estate bubble here, not as developers Tim Exner and Eric Tuscan are adding to the downtown condo conversion frenzy with a newly announced project at 706 E. Pine St. The duo, who recently finished the conversions and closings of Uptown Place and Park North at Cheney Place, will begin renovating the modern building this month.

The news comes on the heels of a Florida Association of Realtors first-quarter report that shows Orlando condo sales continue to do much better than the statewide average.

In the first three months of 2006, Orlando reported 1,501 existing condo sales, up 118 percent from 2005. Condo sales statewide, meanwhile, decreased 22 percent from a year ago.

Prices for the studio condos will start at $175,000. All units will feature hardwood floors, granite and stainless steel countertops. They will also include new appliances and plumbing fixtures. The Closing Agent Inc., an Orlando-based title insurance agent, has been selected as the title agency and will handle future condo closings.

Other cities in the state are scaling back on condo developments as the Florida real estate bubble is settled. Not Orlando. Its market remains strong.

Source : http://www.floridahomeloan.com/

Tourism News from Orlando Florida

Orlando Publishes New Guide to Area's Nature, Culture and Heritage Offerings
The Orlando CVB has recently published its 2006 "Unexpected Orlando Guide®." The 24-page guide highlights natural, cultural and heritage tourism offerings throughout the Orlando area. It includes 103 listings of Orlando's hidden treasures as well as an Orlando area map and maps of downtown Orlando and downtown Winter Park. Consumers can request a guide by calling 1-800-867-1496 (United States and Canada) or can download it at orlandoinfo.com/unexpectedorlando.

Orlando Condo-Hotels on the Rise
Orlando is home to more than 113,000 hotel rooms, 26,000 vacation home rentals and 16,000 vacation ownership units. Condo-hotels are the newest accommodation option on the rise, and Orlando is targeted as the site for more than 20 luxury properties including: The Blue Rose, Floridays Resort Orlando, Palazzo del Lago by InterContinental, Sage Resort and The Village of Imagine. The announced condo-hotel properties will open by 2009 and include features ranging from spas and upscale restaurants to meeting space and cinematic and Broadway-style theatres. The projects will add a total of 17,500 rooms to Orlando's accommodation options. For more information on each property, see the Weekly What's New listing on orlandoinfo.com/media.

Orlando Summer Gas Deals for Visitors
The increase in gas prices has received nationwide attention. Research has shown that gas prices won't curtail travel, but will change travel habits, and the Orlando community has responded by offering special gas deals for visitors traveling this summer such as complimentary gas cards and

Orlando Attractions Update:

SeaWorld Orlando opened a new Shamu show in May called "Believe," which combines a "killer whale ballet" of grace and agility with an original music score. The park also unveiled three new additions to Shamu's Happy Harbor play area including a family friendly roller coaster, a jellyfish-themed samba tower ride and a beach bucket-themed tea cup ride.
Universal Orlando opens the High in the Sky Seuss Trolley Train Ride June 22 at Islands of Adventure. The ride will immerse guests in the world of Dr. Seuss and his famous stories as it transports them throughout Seuss Landing. The park will also open a high-tech nightly lagoon show called Universal 360: A Cinesphere Spectacular in July at Universal Studios. The show relies on 360-degree "cinespheres," an original music score, 300 outdoor speakers, lasers and pyrotechnic effects to place guests in the midst of their favorite films.

Walt Disney World Resort
Expedition EVEREST opened at Disney's Animal Kingdom in April. The ride lets guests discover the fearsome lore of the yeti aboard out-of-control railcars that race forward and backward, sending adventurers swooping into the unknown to brave twists, turns and drops inside and outside a mighty mountain. The Bibbidi, Bobbidi Boutique opened at Downtown Disney. The shop gives little girls the opportunity to get a full princess treatment—including hair, makeup, nails, princess costume and a photo. The Walt Disney World Resort also plans to add two new attractions, both with a "Finding Nemo" theme. Coming in late 2006 will be a live 30-minute musical show at Disney's Animal Kingdom called Finding Nemo—The Musical. Epcot opens The Seas with Nemo & Friends, a whimsical and visually stunning attraction that has the stars of "Finding Nemo" swimming amid the live marine life of the huge aquarium in The Living Seas pavilion.

Featured Activities:
Orlando Opera Announces 2006-2007 Season
The Orlando Opera announced the musical lineup for its 49th season to be held at the Bob Carr Performing Arts Center in downtown Orlando. Performances for the 2006-2007 season include: "Samson & Dalila," Nov. 17, 19 and 21, 2006; "The Pirates of Penzance," Feb. 16, 18 and 20, 2007 and "Madama Butterfly" March 23, 25 and 27, 2007. For more information, visit orlandoopera.org.
What's New in Orlando
From exhilarating attractions and gourmet restaurants to fashion-savvy boutiques and unexpected cultural venues, Central Florida is always introducing something new to entertain and amaze visitors.

Did You Know?
• More than 2,000 couples get married every year at Walt Disney World Resort.
• SheiKra at Busch Gardens Tampa Bay now takes the crown as Florida's tallest roller coaster. This thrill machine is also the tallest dive coaster in the world and the first of its kind to incorporate an Immelmann loop (a rolling maneuver); a second, 138-foot (42-meter) dive into an underground tunnel and a water-feature finale.

Source : http://travelvideo.tv/

Orlando: Magic Sellers' Kingdom

Orlando, the home of Disney World, Universal Studios, Sea World and numerous other family-style attractions, is as delightful a place to live as to visit, as a rising sellers' market attests. Located in central Florida, just one hour from the coast and boasting excellent air service, Orlando is also a popular relocation and retirement destination.

Not surprisingly, tourism is the leading industry. While knocked back by continuing terrorist threats after September 11th (Disney World was reported to be a target for trouble), Florida residents and businesses are looking to the future.

In addition to mild weather and plenty to do, Orlando also boasts a wide range of housing, which is coming out of a temporary slump.

"From trendy downtown Thornton Park (with it's refurbished old homes looking like something out of Thomas Kincade's studio), to big waterfront mansions sitting right next to I-4, to starter homes funded by the City, it's all right here," says Realtor Wallace M. Wilson.

"The city itself covers quite a bit of territory," explains Wilson. "Start in the southern end at the junction of Hwy 436 and Airport Blvd (which, by the way, enters the absolutely best and most modern airport in the United States) and run 10 miles east to the University of Central Florida and it's rapidly growing Research Park. Then go North towards Maitland up the I-4 corridor where it seems like every office for every business in the world is located, and then another 10 miles to the Southwest to Windermere -- home to movie stars, world famous athletes, and lottery winners that couldn't take the Northern weather anymore."

April, 2002 closed sales for the Metro Orlando area are up 5.57% over the same month of the previous year, with the average list price in the Metro Orlando area at $167,071 and the average sale price at $161,898, offers Realtor Jean White. "The average home was on the market for 57 days and sold for 96.9% of list price."

Says Realtor Luis J. Garcia, "The Central Florida market is continuing to be very active, primarily helped by the low interest rates of the moment.

"First-time buyers are among the most active as well as the relocation market. In some areas it has been noticed that buyers looking for a second home have slowed down. At the same time some investors have been interested in selling some of their property due to the economy, and this will bring the stock of listings up a bit. There are still enough buyers to continue to make the area a seller's market," he says.

Source : http://www.newhomesource.com/

Orlando : City at a Glance

The city of Orlando is the county seat of Orange County, Florida. As of the 2000 census, the city population was 185,951 (metropolitan area 1,644,561). A 2005 U.S. Census Estimates population count gave the city population was 213,233 (metropolitan area over 1.8 million). It is the sixth-largest city in Florida, and its largest inland city. It is also at the head of the state's third-largest metropolitan area, behind Miami-Fort Lauderdale-West Palm Beach and Tampa-St. Petersburg-Clearwater. Additionally, Orlando is home to the second largest university in Florida, the University of Central Florida.

The city is well known for the tourist attractions in the area, particularly the nearby Walt Disney World Resort, which is in the Reedy Creek Improvement District. Other area attractions include SeaWorld and Universal Orlando Resort. Despite being far from the main tourist attractions, downtown Orlando has recently seen much redevelopment, with many more projects currently under construction or planned. One of the oldest attractions in this area is Gatorland. Orlando sees an estimated 52 million tourists a year. Orlando is the 2nd largest city in the country for number of hotel rooms. It is a leader in medical care and research, especially at Orlando Regional Medical Center, the only statutory teaching hospital in Central Florida.

Source : http://www.preconstructionprograms.com/

Orlando Florida (FL) Condo Rentals

Orlando Florida (FL) condo rentals by owner are private vacation rental homes, villas, condos, apartments, chalets, cabins, and lodgings all available to you at a tremendous value.Orlando is located in the middle of Florida and is easy to get to via its own international airport. This large city serves as a gateway to some of the most popular destinations in the world such as Walt Disney World, the Kennedy Space Center, Sea World and Universal Studios. However, there is much more to do in Orlando than visit these hot spots. Every Sunday you can go to downtown Orlando and enjoy the Eola Sunday Market. Here you will find dozens of vendors selling everything from fresh produce to hand made woodcarvings. There are a good handful of museums to visit while you are here as well including the Orlando Museum of Art. One thing many people associate with Orlando is its nightlife. There are a wide variety of dinner theaters in the area that will provide you with wonderful entertainment and food. Historic and other tours are also available in the downtown area. Around town you will find some wonderful golf courses and tennis facilities as well as excellent shopping and dining. In short, Orlando has everything you need to enjoy a great vacation.

Source : http://www.valuevacationrentals.com/