For many residential real-estate markets in the U.S., 2006 started with an advantage to sellers and ended with buyers holding the upper hand. But, unlike what some people had expected, the switch didn't follow the deafening "pop" of a massive real estate bubble. At the same time too, this taught
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12/22/2006
According to the Wall Street Journal, here are their findings for the best and worst places for the real estate market:Best and Worst Real Estate Markets in the U.S.Ranked as the worst market is Stockton, Calif., where home prices may decrease 7.1% in 2007 and an additional 5.3% in 2008. Ranked
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12/22/2006
Commissioners last week voted unanimously to raise the impact fees by more than 50 percent. If that sounds high, it was, nevertheless, a drastic cut from the original plan to boost the fees by up to three times their current level. The previous request originally was to raise the impact fees as
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12/22/2006
According to recent reports, a rare housing opportunity is here again. More than 10 years ago that the inventory of unsold homes rose beyond what is considered normal levels.This is indeed bad news for many builders who are now stuck with a backlog of unsold, expensive-to-carry houses. This is go
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12/19/2006
In a recent article in the Orlando Sentinel, the question was ask....Do you "flip" houses -- buy them, fix them up, and sell them quickly -- or are you building a home on speculation?Here in Florida, the terminology 'flip houses' is often used. However, these investors sometimes forget that the
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12/19/2006
Winter Park Mayor, David Strong unveiled an $18 million proposal recently that would kill plans for the city's most controversial building - The Carlisle, a four-story condominium, post office and retail project. The mayor who has been meeting secretly with developers of The Carlisle, told commi
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12/19/2006
CITY OF KISSIMMEE HOLDS SWEARING-IN CEREMONY FOR NEW MAYOR AND ANOTHER NEW COMMISSIONERThe City of Kissimmee will conduct a Swearing-In Ceremony for newly elected Mayor Jim Swan and Commissioner-elect Cheryl Grieb. The ceremonies will take place at 6:00 p.m. on Tuesday, December 19, during the la
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12/15/2006
Growths in the North Orlando area just tip the scales again. After almost three years of tedious planning, the $350 million Mills Park mixed-use development will begin construction early next year. Previously, the site was home to the former Mills & Nebraska lumber yard.It is expected that over t
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12/15/2006
It's been reported that the 19th-largest home builder, Morrison Homes is considering relocating its U.S. headquarters from Atlanta area to Florida.Morrison Homes, is said to be considering the financial benefits which are being prepared by Orange County, the city of Maitland and the state of Flor
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12/14/2006
...naturally, location is the key. If you are one of those fortunate residents in Boca Raton, Florida, you could get as much as $1 million for your mobile home if it's sitting by the ocean.According to recent reports, a mobile home park on the Atlantic (Briny Breezes) will sell for as much as $51
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12/14/2006
