Chicago, Illinois homes for sale ---- Alexander Harb

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Hello there!! This post will the show trends in the
Orlando and central Florida real estate marketplace,
as they are happening.

In November, the Orlando and central Florida real
estate median sales price of about $167,000 declined
over 28% when compared November 2007's median sales
price of $234,900. It is also a decline of almost 5%
when compared to the median sales price in October
2008 of $175,650.

Orlando and Central Florida real estate SALES PRICES ARE
SLIDING EVEN MORE!!!

This is pushing UP the affordability index to over
135%

• The median income for Florida residents is almost $52,000.
• If YOUR family income is at that level or higher,
  there are OVER 11,500 homes that are on the central Florida
  market for $226,000 or less THAT YOU CAN QUALIFY TO OWN.

Members of the Orlando Regional Realtor® Association 
helped close the sales of over 5% more homes in November
of this year than last year. Pending sales, considered by
housing economists to be one trusted predicator of future sales,
continued a five-month increase in activity . There are over
84% more homes under contract in November 2008
than compared to November 2007.

What do those statistics mean?

• Homes are selling....a LOT of homes....
• This is NOT a fluke...it has been happening for 5 MONTHS now.....
• Home prices ARE CONTINUING TO FALL!!!
• Mortgage rates are falling also!

To see all homes for sale on the Orlando and central
Florida MLS, just click on this link!

This Orlando and central Florida real estate 
market report is brought to you by:

Alexander Harb PSEM®, E-Agent®
The Knights Team Sales Leader

Beach and Luxury Realty Inc.

Seeing as the local central Florida real estate market
is heating up, I decided to make a list of the homes
that are in the MOST popular price range for central
Florida:

That price range is in the $200,000 ~~ $250,000 range. Houses in this price range are FLYING off the shelves in record numbers!!

The homes I have chosen have THESE FEATURES:

• Block, stone, brick or stucco exteriors
• They ALL have at least 2 bedrooms and two bathrooms.
• They ALL include a dishwasher, stove, refridgerator, washer and dryer.
• This list includes Single Family Homes, Townhouses, Condos and Villas.

There are, as of this posting, 3027 properties that fit this criteria. These properties are in Seminole, Orange, Osceola, and Polk Counties.

• Seminole County is in northern central Florida and includes Longwood, Lake Mary, Altamonte Springs, Casselberry, Heathrow, and a couple other cities.
• Orange County is in the heart of central Florida and includes downtown Orlando, Metro West, Ocoee, Apopka, Maitland, Windermere, Dr. Phillips, Winter Park and several other cities.
• Osceola County is in southern central Florida and includes Kissimmee, Buena Ventura Lakes, Celebration, Poinciana and St. Cloud.
• Polk County is south of Osceola County and includes Poinciana, Davenport and other cities.

Just remember...these homes I have listed in
this report MIGHT be gone in a week or so!!!

To get FREE access to the Orlando and central Florida MLS to see current
residential homes AND commercial properties for sale, just click on this link!

This central Florida real estate
Market Report is brought to you by:

Alexander Harb PSEM®, E-Agent®
The Knights Team Sales leader

Beach and Luxury Realty Inc.

Here is a list of projects happening in downtown
Orlando, Florida!!

This is list if just in case you were wondering if
the commercial real estate market has dried
up because of the lack of loan money out there.

Hold onto your seat belts...the list is KINDA LONG!!

• Camden Orange Court: Four-story apartment complex with office and retail space, 600 block of North Orange Avenue. Under construction.

• Capital Plaza III: Condominium and office complex with hotel, retail and restaurant space, southeast corner of Rosalind Avenue and Pine Street. Not yet started.

• Dynetech Center: 31-story apartment complex with office and retail space, corner of Magnolia Avenue and Washington Street. Will house the international headquarters of Dynetech Corp. Under construction.

• East on Park: 14-story condominium complex. Not yet started.

• The Jackson: Nine-story condominium complex, 521 E. Jackson St. Recently completed.

• Luxparque: 18-story condominium complex, 31 units. Not yet started.

• Magnolia Circle: 30-story condominium complex with ground-floor retail, 90 E. Livingston St. Not yet started.

• The Monarch: 23-story residential condominium building with ground-floor retail. 300 E. Jackson St. Not yet started.

• Paramount on Lake Eola: 16-story residential condominium complex with Publix supermarket and office space, 400 block of East Central Boulevard. Under construction.

• The Plaza: 21- and 16-story office complex, 29-story condominium complex with retail space and a movie theater, 101 S. Orange Ave. Recently completed.

• Presidential Tower: 41-story condominium complex with retail space on the first floor, between Garland, Gertrude, Jefferson and Washington streets. Not yet started.

• The Sanctuary: 18-story condominium complex with office and retail space, 100 S. Eola Drive. Complete.

• Star Tower: 18-story condominium complex with office and retail space, 421 E. Jackson St. Under construction.

• Tradition Towers: Twin 39-story towers with condominiums, office and retail space, 150 E. Central Blvd. A connecting "sky bridge" will house University Club. Not yet started.

• Verde: Twin 35-story apartment towers with retail space, southeast corner of Orange Avenue and Marks Street. Not yet started.

• The Vue at Lake Eola: 35-story condominium and retail complex, 150 E. Robinson St. Under construction.

• +1: 27-story, mixed-use complex with residential, retail and office space, 385 N. Orange Ave. Not yet started.

• 55 West: 34-story condominium and retail center within Church Street Market entertainment complex, 55 W. Church St. Under construction.

• 101 S. Eola Drive: Twin 12-story condominium complex on two corners of Church Street and Eola Drive. Phase one under construction.

• 205/215 E. Central Blvd.: 24-story residential hotel development with ground floor retail. Not yet started.

• 421 Eola: 421 E. Robinson St., seven-story residential building. Not yet started.

• Montage: 101 Lake Avenue, 19-story apartment complex. Not yet started

You will see SOME projects in this list I have made some posts about before.... but for the most part most of these projects are NEW!! So, if you think there are no more commercial projects in the works in downtown Orlando, I just wanted you to know....

THE LIST IS LONG!!

To get FREE access to the Orlando and central Florida MLS to see current
residential homes AND commercial properties for sale, just click on this link!

List Source: Orlando Homebuyer Magazine

Hello there!

Here is the Central Florida real estate Lake Nona
Market Report for the day after Thanksgiving 2008!

• There are 44 homes for sale in the Lake Nona area, DOWN over 50% from my last report!
• The high asking price is $7,695,000 ~~ basically the same price as my last report. This estate is FANTASTIC!! It features over 11,000 square feet of living space to start!
• The low asking price in Lake Nona is $174,990 and the owner/builder will contribute $$$ to the closing costs for these fine townhomes..... REMEMBER, The Knights Team will ALSO rebate 1% of the executed contract price to any buyer who uses US for their representation in a new construction central Florida real estate transaction.
• There are 8 properties in special circumstances: They include being Bank owned, Corporate owned, in pre-foreclosure, in foreclosure, owner will assist with closing costs or will finance mortgage, property has an assumable mortgage, sold as is, or is a fixer-upper. There are SOME GREAT DEALS OUT THERE!!

Lake Nona is known for its many amenities:

• Lake Nona Town Center -- An open air mall that is 1,000,000 square feet of upscale retail shops, fashion boutiques, department stores, restaurants and a cineplex.
• The 600 acre Lake Nona Science and Technology Park -- which includes the University of Central Florida College of Medicine and Healthcare, Burnham Institute for Medical Research, University of Florida Reasearch Center, Orlando VA Medical Center, and the M.D. Anderson Cancer Research Center.
• The four communities of Lake Nona: The Waters Edge -- With a boat dock boat storage and more, this community has homes starting at $298,000. North Lake Park -- Includes a YMCA and "A" Rated Elementary School all
  under one roof. Village Walk  -- This community won the 2007 Parade of
  Homes Community Award. Quaint bridges to walk on connecting to the
  town center, a fitness center, cafes, and more are why! Lake Nona Golf
  and Country Club -- Featuring a Tom Fazio professionally acclaimed golf
  course, this community has a fitness center and much, MUCH more!!

Extensive care has been taken to include walking trails all through out the community. Nature is NOT something to be pushed aside in lake Nona, but something to be celebrated! 

Over 40 percent of Lake Nona is open space...which leaves You free to bike, ride horses, rollerblade, hike, jog, run or just observe nature in its unhurried setting.

Lake Nona has over 1000 acres of parks to enjoy family and freinds with. There are even two dog parks just for your four footed pets! There is an Aquatic Center and an Equestrian center....weather you want to swim or go for a brisk ride on a horse, Lake Nona has it all!!

To get FREE access to the Orlando and central Florida MLS to see current
homes for sale, just click on this link!

This Lake Nona Market Report
is brought to you by:

Alexander Harb PSEM®, E-Agent®
The Knights Team Sales leader

Beach and Luxury Realty Inc.

Golf course picture courtesy
of keithmuth and www.flikr.com!!

Here is the Hunters Creek Market report for the Central Florida
Real Estate area as of 11/27/2008.

• There are 167 properties offered for sale in the
  Hunters Creek area, up one from my last months
  report.
• The high asking price is $689,000 which is DOWN
  $30,000 from the high asking price of $719,000
  last month!
• The low asking price is $161,405... DOWN from last
  months low asking price of $170,050.... prices are
  coming DOWN lower and LOWER!!
• There are 73 properties in special circumstances:
  Bank owned, pre-foreclosure, in foreclosure, Corporate
  owned, sold as is, seller will assist with closing costs
  or seller might finance mortgage. That is UP a WHOPPING
  65% from last month!

You can see the results of this market swing in lower prices on
my latest central Florida real estate market report.

Buyers are snapping up GREAT property deals all over central
Florida and Hunters Creek is NO exception.

Hunters Creek is right on the border of Orange and Osceola Counties,
convieniently located near Disney, Universal Studios, Sea World and
downtown Orlando. Routes 528, and 417 are just a minute or so away,
so you can get ANYWHERE in central Florida FAST!

This is a community that prides itself on excellence and professionalism,
from the landscaped medians with palm trees and flowers, to the types of
businesses in the area:

• Target Retail Super Center
• Publix Grocery store
• The Loop and The Loop West with all upscale retailers
• Numerous casual and some fine dining restaurants

Hunter Creek schools are consistently ranked at or near the
top of the scoring system for Florida schools. You know your
children will be getting a GREAT education when they attend
schools in the Hunters Creek area.

This post about Hunters Creek real estate
for sale is brought to you by:

Alexander Harb PSEM®, E-Agent®
The Knights Team Sales Leader

Beach and Luxury Realty Inc.