Hojin’s Southwest Orlando Real Estate Scoop

Homeowners in the townhouse community of Phillips Bay in Dr. Phillips filed a lawsuit against the builder, Deluca Homes, in 2007 due to mold, missing stucco, and patios that are not structurally sound. The civil case is scheduled to be heard October 12.
Deluca Homes has also built the same style of townhouses in Carriage Homes [...]

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There’s been a big push among lenders for the FHA home loan. The advantage of this product is that it allows a buyer to get into a home with as little as 3% down. It’s really a nice choice for a loan, but it can be difficult to obtain if you’re looking for a condo.
One [...]

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The Windhover Condomiums across the street from Universal Studios is in the middle of a $2.5 million dollar renovation. The association is making some nice improvements to the community which includes a new 5 foot wide walking area around the pond that’s been cleaned up, new pavers, new exterior paint, new screened in areas, repairs [...]

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I just took some customers to see the townhomes at Pulte’s Berkshire Place community and I’ve got to say I was impressed. They have nice floor plans and many common upgrades such as granite counter tops, ceramic tile, designer light fixtures instead of the cheapo brass, and maple cabinets are already included. We went though [...]

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There’s an awfully ambitious $800 million hotel and condo project underway on a stretch of 42 acres along the shores of Lake Bryan called Palazzo del Lago. It will encompass a mix of 1,260 hotel and hotel condo units ranging from 724 sq. ft. to 1,154 sq. ft priced in the $400’s. In addition, 994 [...]

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The condo craze in SW Orlando has officially fizzled and bargains are becoming available for the taking. The Tradewinds Condos in Metrowest still has 200 units available for sale and 100 of them will be up for auction with no minimum bid or reserve price. Now it’s not exactly like Ebay. The the seller [...]

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The Condo Metropolis blog reports that the developers of Rialto have decided not to build condos and are replacing them with apartments. On November 5, Marcus Burke wrote in a post entitled Orlando’s Buyer Market: Game Over that ” in the Dr. Phillips area, the developers much hyped Intermezzo at Rialto shut down the [...]

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The construction of Rialto, a mixed use development of retail, office, and condominiums, is finally underway at the site of the old Days Inn on Sand Lake Rd. between Turkey Lake Rd. and Dr. Phillips Blvd.. There’s also been rumors floating around that it may include a movie theater that hasn’t been confirmed yet. [...]

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Park Square Homes has 4 inventory homes available in Point Cypress located on Apopka Vineland Rd. across from Phillips Landing at the site of the old Rinker concrete plant that was such an eye sore for a long time. This community is now on its third developer and finally something is being built here. Unicorp [...]

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According to the most recent Orlando MSA statistics, the condo market is much worse here than the market for single family homes. The sale of condos dropped 63% in the past twelve months while the sale of single family homes have dropped only 43%. Don’t get me wrong they’re both bad but you [...]

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