Jacksonville-based Dream Finders Homes is under contract to buy and develop more land in Horizon West. The company is planning to build a 151-lot residential community on land south of New Independence Parkway and west of S.R. 429. Lots range between 40 feet and 60 feet. Boyd Development sold the property to a joint partnership between Sun Terra Communities and …
OCPS receives no bids for 100-acre Hungerford school redevelopment site in Eatonville
Orange County Public Schools put its 100-acre Hungerford Prep site in Eatonville up for bid, but received zero proposals from developers. The deadline, which was pushed from March to July because of the ongoing coronavirus pandemic, was 2 p.m. on Tuesday. A spokeswoman for OCPS, Lauren Roth, confirmed no bids were received. “It’s disappointing,” she said in an email. “OCPS …
New Luxury Townhomes in Winter Garden
A proposed luxury townhome project called 30 North Park is coming to fruition in Winter Garden. Earlier this month, development company, Urban Hideaway Residential, a subsidiary of the eco-friendly product company CynerGreen, won city commission approvals to rezone and amend the future land use of the property in order to permit the development of nine luxury townhomes. The residences are …
AdventHealth Planning New Office Tower at Health Village
AdventHealth is advancing plans for a new medical office tower in its Health Village complex north of downtown Orlando. The healthcare company has notified the city it will be seeking final site plan approval for “Project Lego,” which involves the infill redevelopment of a parking lot between East Orlando and East Winter Park streets, just east of Interstate 4. City …
Orlando Market Still Strong
Orlando Home Prices Continue Steep Rise in April, Despite Coronavirus Outbreak Inventory shortages, coupled with fast rising inbound population growth continue to drive up Orlando home prices in 2020. The Orlando Regional Realtors Association is reporting this week that Orlando’s housing market in April 2020 saw its median home price increase 12%, while home sales dropped 28% in the first …
Florida Town Center Coming to Apopka
A highly-anticipated, roughly 100-acre project is expected to start work next year. Winter Park-based Benge Development Corp. and Gainesville-based The Colliers Cos. aim to begin horizontal construction first-quarter 2021 on its $500 million-plus Floridian Town Center mixed-use project, President Tony Benge told Orlando Business Journal. Currently, the developers are seeking approvals with the city of Apopka and other state agencies. …
eXp Realty Exceeds 30,000 Agents Globally
eXp Realty, the fastest-growing, global residential real estate company, today announced that the company has exceeded 30,000 real estate agents across the United States, Canada, the United Kingdom and Australia. This important company milestone represents an increase of 10,000 agents year-over-year (50 percent). This comes on the heels of being named for the third consecutive year to the Swanepoel …
New 24,000 Acre SunBridge Community Starting Development
Tavistock Development Company, the creators of award-winning Lake Nona, is turning their creative talents towards something new. Introducing Sunbridge: a 24,000 acre community comprising towering oaks, sparkling lakes and waterways. The astounding natural beauty of Sunbridge makes it a place like no other. Sunbridge is determined to keep innovation and sustainability at the forefront of its growth, creating a place …
State of the Market: June 2020
MLS Data Indicates a Solid Recovery in the Housing Market New listings are gaining ground, as MLS data reports show a healthy increase in the market within the Stellar coverage area over the past four out of five weeks. Stellar has partnered with our vendors to bring you timely solutions to keep your deals moving if you still have buyers …
Buying Without an Agent
No Buyer’s Agent Equals Increased Risks If you are thinking about buying a home, chances are you have questioned whether you need a real estate agent or not. Real estate agents in film and television are often portrayed in a negative light, which naturally leads to a perception that they may be untrustworthy. There are also no laws requiring you …