Real Estate Blog

Two months ago in Las Vegas, for the first time ever, two major trade shows - the International Builders’ Show and the Kitchen & Bath Industry Show - combined forces to make one huge event - the first annual Design and Construction Week. The result was the industry’s top builders, manufacturers and designers all in one place and most of them were showcasing one thing - the future.

The home building industry has always been a little slow to conform to new trends. When the recession hit, home builders continued to provide the same thing they’d been doing for the last couple decades - large floor plans that were expensive to buy and furnish, high ceilings and open spaces that cost too much to heat and cool, and unnecessary “luxury” features. They

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For years, Central Florida drivers have been promised an “expressway loop” that would completely encircle the greater Orlando area and provide quick and convenient routes from from one end to the other. We have SR 417 in the east and SR 429 in the west and soon, finally, we’ll have a road in the north that connects the two.

The last leg of the expressway loop will go through Apopka and Sanford, much of it following the path of SR 46. One of the biggest hold-ups has been the design of a bridge going across the Wekiva River. Currently, the Wekiva River is one of only two U.S. Wild and Scenic rivers in Florida, so building a bridge across it is a big deal. State Road 46 already has a bridge over the river but this new project would be much larger and

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Yes, it’s more good news for our Central Florida real estate market. According to a recent study by ZipRealty, Orlando ranks number 3 on the Top 10 Most Affordable Housing Markets of 2014 list.

The company gathered data from 30 of the largest metro areas in the U.S. and calculated the median home price and estimated family income in each of those cities. “Affordability” is determined by comparing those two numbers, with an affordable home being a little more than twice the average annual household income. Here in Orlando, the average annual household income is $54,800 and the median home prices is $140,000, giving us an affordability rating of 2.6x (2.6 times annual income).

Orlando was the only Florida city that ranked in the Top 10. The only

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Home prices here in the Orlando area saw growth in the double digits in the month of February! It's yet another clear sign that our economy continues to improve.

Compared to February of 2013, home prices in Orlando, including distressed properties, rose by 14% last month. Though this was an impressive year-to-year increase, prices only went up by 0.5% compared to January.

This growth made Florida one of the top three states with the highest home price appreciation. The other states were California with an appreciation of 15.9% and Nevada with an appreciation of 14.6%. Considering Florida, California and Nevada were some of the hardest hit states when the housing bubble collapsed, these signs of growth are something to celebrate.

Nationwide,

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The Lake Nona area has been growing rapidly in recent years. With the addition of the Lake Nona Medical City, the Southeast Orlando location has attracted many jobs and numerous construction projects. Currently, the Medical City is home to Nemours Children's Hospital, the UCF College of Medicine, the Sanford-Burnham Medical Research Institute and the UF Reasearch & Academic Center. Construction is currently underway on Laureate Park, a beautiful community of single family homes and town homes that is is perfect for people who work in the medical city. Many of the homes are already completed and ready to move in. Development has also begun on the 100,000 square foot Lake Nona Gateway medical office building and will soon begin on the Florida Blue

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It's April 1st, the perfect time for a few tips about selling your home. I know it's always a tough competition out there for sellers. Your house is competing with countless others for the attention of picky buyers. That's why it's so important to make sure that your home stands out. Here are a few tips to make sure that whenever a buyer views your home, they will always find it… memorable.

Making a First Impression

A buyer starts to form an opinion of a home as soon as they pull up to the driveway. Dare to be different! Your neighbors may have perfectly manicured lawns and trimmed shrubs but you should provide an adventure for your buyer. Remember, your home is a treasure and there's nothing like having to trudge through tall grass, fight

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There are few things more closely tied to the American dream than owning your own plot of land and building a home on it. It appeals to our pioneer spirit and our can-do attitude. Unfortunately, fewer and fewer people are building their own homes these days. There are many reasons. For one, there are fewer parcels of land available now, after the constantly rising and falling real estate market has caused most of them to be snatched up for development. Another reason is that buying land and building a home is more expensive and more of a hassle than ever before. Buyers have to deal with tighter regulations, building standards and higher prices across the board.

But you can still be a pioneer! You can still do it! It just takes a little extra work.

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Home prices are steadily going up here in Central Florida, but they're still far from the record highs of the late 2000s. Many homeowners are trying to find ways to help boost their home value back up so they can get a decent return when it's time to sell. But not every renovation or remodel will add value to your home. In fact, some may even hurt you when it comes time to sell. So what do you do? Here are 10 surefire ways to boost your home value.

1. Maintenance

The very first thing you should do, before you even think about renovations and big projects, is to fix any problems that your home already has. Does your home need insulation? Are there leaky pipes that need fixing? Does your roof need replacing? Fewer and fewer buyers are willing to

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Every time there's a large natural disaster - a hurricane, a tornado, flooding - you'll often hear reports of con artists prowling through affected neighborhoods, looking to scam homeowners. The unfortunate truth is that it doesn't take a natural disaster for these scammers to strike. They could pop up at any time with a smile and a "great deal". So how do you determine a good contractor from somebody who's out to steal your money? Here are a few warning signs to look for.

They Exist In a Vacuum

Did this contractor just appear out of nowhere? Do they not have a business address that you can find or easily accessible references? If so, these are all clear warning signs that they are probably not who they say they are.

They Ignore the

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The foreclosure rates in Metro Orlando dropped once again in December, according to CoreLogic. Foreclosure rates are always an important factor in determining the health of the economy. When they're high, it's not a good sign. If foreclosure homes flood a market, home values in the area go down. It also gives us some idea of the amount of people struggling economically in that area. So it's good news that foreclosure rates are down across the board in Central Florida.

The rate in December 2013 fell to 6.69%, compared to 10.34% in 2012. Unfortunately, that's still high compared to the national average of 2.09% but it's an improvement for us.

Along the same lines, our mortgage delinquency rate fell as well. In December of last year, 11.04% of loans

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