State of the Market Median home prices in the Orlando area are now at their highest in ORRA’s recorded history. In May 2021, the median home price was $300,000, up 15% from May 2020. While inventory is on the rise for the first time since September 2020, listings in May 2021 spent only 36 days on the market – the …
Celebration, Gets More Reasons to Celebrate!
As though the name “Celebration,” did not give you enough to cheer about, Mattamy Homes has announced plans to release a limited number of lots in Celebration Island Village and will open sales to the public in EARLY JUNE! But wait, who is Mattamy Homes? We are glad you asked. Mattamy Homes, is a Canadian-based homebuilder, founded in Toronto by …
Urban Air Adventure Park in Orlando
A Bedford, Texas-based trampoline park company plans to open two new Central Florida locations by late 2022. Urban Air Adventure Park will debut in Orlando’s Hamlin community near Hamlin Groves Trail/New Independence Parkway, and in Daytona Beach at a yet-to-be-determined site. The Hamlin trampoline park will be about 60,000 square feet and likely hire roughly 100 people. The locations usually …
Apartment Complex Planned on Lake Monroe in Sanford
A prime lakefront location in Historic Downtown Sanford, previously owned by the late business owner and Heathrow developer Jeno Paulucci, is being eyed by Essian Construction & Development for its next real estate project in Central Florida. The Altamonte Springs-based developer has about three acres of land under contract with plans to establish a new Planned Development called the Vistas …
Preliminary Lake Eola Park Designs Released
We told you in October 2020 that the City of Orlando was initiating a master plan process for Lake Eola Park that would see it updated for future generations. The park, crowned by the historic Linton E. Allen Memorial Fountain, currently hosts over 100 events a year that bring over three million visitors to downtown. Parks staff told us last …
eXp Realty Has Arrived in Hong Kong
eXp World Holdings, Inc. (Nasdaq: EXPI), the holding company for eXp Realty, one of the fastest-growing real estate companies in the world, has expanded into Hong Kong, under the eXp Hong Kong banner. In addition to its robust U.S. presence, eXp Realty also operates in 11 other countries and locations, including Australia, Brazil, Canada, France, India, Italy, Mexico, Portugal, Puerto …
eXp Realty Exceeds 50,000 Agents
eXp World Holdings, Inc. (Nasdaq: EXPI), the holding company for eXp Realty, one of the fastest-growing residential and commercial real estate companies, today announced that it has exceeded 50,000 agents globally. This represents a year-over-year increase of more than 75% when compared to 28,449 agents at the end of Q1 in 2020. “Our growth trajectory is a huge validation of …
Huge Parcel of Land for Sale in Kissimmee
A massive land parcel south of Kissimmee is for sale. The historic Green Island Ranch, a 5,977-acre parcel in Osceola County, is listed for $140 million — or $23,423 an acre. The land is entitled for mixed-use development for up to 17,000 residential units. The property is listed by Lakeland-based SVN|Saunders Ralston Dantzler’s Dean Saunders and Dusty Calderon, the latter …
Year of COVID – Ups and Downs in Central FL Real Estate
There’s no easy way to sum up the impact COVID-19 had on Central Florida’s real estate industry. When Orange County Mayor Jerry Demings issued the county’s first mandatory stay-at-home order a year ago on March 24, the reverberations could be felt immediately throughout every sector of the industry as much of the economy shut down. The next 12 months would …