NEW 19-STORY MIXED-USE TOWER DOWNTOWN ORLANDO

Plans have been filed to build a new 19-story mixed-use tower in Downtown Orlando anchored by a 256-room luxury hotel. The hopeful new hotel would be a Radisson Blu brand which they describe as “upper upper scale” with a “yes I can” service philosophy. This, if approved, would be one of the first Blue hotels in the country, following Chicago and Minneapolis. The site in question includes 319...

Forbes names Orlando as one of the best cities to buy a home

If you plan on buying a home in Orlando, now is apparently the time. Forbes recently announced that Orlando is currently the best city in the nation to buy a home, due to prices increasing by 9 percent in 2017. Citing Local Market Monitor, a website that tracks housing markets, Forbes says home prices in Orlando are projected to increase by 35 percent over the next three years. This puts the City...

Paramount - Street level

Orlando is the Best City To Own Rental Property In Florida

Florida is an intriguing state when it comes to buying and owning rental property. On one hand, demand for homes — especially single-family homes — has been consistently on the rise in Florida. Yet despite the demand, it doesn’t necessarily convert to more homebuyers. Instead, even though Florida boasts fairly low housing prices statewide, many people are still opting to rent instead of buy. As a...

Downtown Orlando’s economy is expected to keep growing in 2019

Downtown Orlando is bolstered by population growth at a rate that far outpaces most cities in the nation, Orlando’s economy is expected to forge ahead in 2019 with continued diversification. Make no mistake, tourism has and will continue to be a central driving force behind Orlando’s growth, but economists predict the new year will also likely bring further growth in other sectors, too, including...

Downtown Orlando - Lake Eola Park

URBANISTA – Millennial renters in no hurry to buy homes

While 89 percent of millennial renters say they plan to buy a home someday, just 4 percent expect to buy in 2019 and 30 percent say they will wait at least five years. For most of the millennials in the survey, affordability is the biggest obstacle for their purchase, cited by 72 percent. While cash needs are the paramount obstacle, 38 percent of millennials say they have bad credit and 29 percent say...

Millennial renters in no hurry to buy homes

While 89 percent of millennial renters say they plan to buy a home someday, just 4 percent expect to buy in 2019 and 30 percent say they will wait at least five years, according to a new survey by Apartment List, a rental property database. For most of the millennials in the survey, affordability is the biggest obstacle for their purchase, cited by 72 percent. While cash needs are the paramount...

Lake House Apartments

Orlando-based design-build company Finrock and developer One Eleven Residential will break ground in March on the $50 million luxury apartment building in Ivanhoe Village now simply known as the Lake House Apartments. The nine-story tower across from Lake Ivanhoe will feature 252 units above 34,900 square feet of office space and 2,563 square feet of restaurant space. The luxury residences will...

Understand The Real Estate Market

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