Tag: Orlando Realtors

Kailey’s Ridge Underway! Hunters Creek Residents React

Posted on by Jenny Zamora

 At first, there were a lot of rumors and speculation among Hunters Creek residents about a new subdivision that may or may not be built. However, over the past year or so the question is more about “when” it will happen and not “if” it will happen.

 The long-anticipated subdivision of Kailey’s Ridge in Hunters Creek is now an undeniable reality. Bulldozers are hard at work clearing out tens of thousands of trees along with the wildlife that once called those trees home. There are mixed feelings among residents of Hunters Creek and most aren’t particularly happy about the development of the new subdivision. Residents of the neighboring subdivision “Westshire” are especially displeased about having to trade in their view of what was once a conservation area for what will soon be an extension of Town Center Blvd.

The neighborhood of 127+ homes that are scheduled to be completed over the course of the next couple of years is already in high demand for people who have been wanting to live in the much sought after “Hunters Creek“.  Hunter’s Creek has been voted the 21st best place to live in the entire US for 2013 so it’s no wonder houses that get put up for sale don’t usually last too long on the market.

From my understanding, prices on these new homes That will be built by Surrey Homes and Ryan Homes will start in the high 300s into the high 400s.

 Increased traffic is also a concern for existing residents. Being a Hunters Creek resident myself, I’ve always liked the fact that Town center Blvd dead ends in Hunters Creek. It provides an extra sense of security just knowing that there’s only one way in and one way out of the neighborhood. This will no longer be the case. Just the other day I went on a bike ride with my 2 boys into that area and the road that goes around the construction area runs parallel to 417 South all the way to international Dr…I think… we got tired of riding and turned around once we saw the exit to Disney World.

THE POINTE AT HUNTERS CREEK

Being an Orlando realtor as well as a resident of Hunters Creek, I also have mixed feelings about the new development. On one hand, it’s good for business because we’ll have more opportunities for buying and selling houses in Hunters Creek, but at the same time, the increased traffic, schools being more crowded, loss of wildlife conservation, etc. is just not exactly ideal for the neighborhood I call home.

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Open House Tips for Sellers

Posted on by Jenny Zamora

Open houses are starting to become popular again. it seems that every weekend when I’m driving around in Orlando I see open house signs everywhere I go.  It’s become a great way to not only showcase a new listing for Orlando realtors but also to market those problem listings that have trouble selling for one reason or another.

Sometimes, however, there are sellers that want to be involved with the sale of their house like showing a potential buyer around or even worse…being at the open house. As an Orlando Realtor, I tell my clients that it’s never a good idea for the seller of a home to get involved with interacting with potential buyers, especially at the open house.

Here Are Some Open House Tips For Sellers

1- Getting your home ready for the Open House. The most important thing that you can do to get your home ready for the open house is to clean and de-clutter. Go through and clean every surface in the entire house leaving it looking and smelling fresh. Also, if you have some pieces of furniture that you could move into the garage that day that would make the house look bigger or more appealing, then do it. Putting out some cookies or fresh lemonade is fine but you shouldn’t go overboard like hiring a live band or a D.J. These things would be more of a distraction than an attraction.

2- Don’t be at the open house. As the seller, you should be anywhere else but home on the day of your open house. You have to realize that realtors with their qualified buyers will be there looking and having serious discussions about your home, both good and bad. It’s a heck of a lot less awkward for them and the seller if the seller wasn’t there. You want potential buyers to feel comfortable and at ease when they go through the property. Sellers have to trust their realtor to showcase their home in the best way possible.

open house

3- Make sure they can access every room. It’s called an open house for a reason. The goal is for potential buyers to enjoy free access to your entire home and visualize it as being theirs and hopefully fall in love. Don’t block rooms, closets, or yard gates unless it’s absolutely necessary. Don’t make the buyer have to come back another time to see it or you just might lose them.

4-Tell The Neighbors. It’s always a good idea to inform your neighbors about your open house. I can’t tell you how many listings we’ve had where a neighbor knew somebody who’s been wanting to buy in their neighborhood resulting in a sale.

I hope these tips were helpful. If you want to see how much your home is worth visit us at https://orlandorealtyconsultants.com/ 

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New Short Sale Property in Casselberry | 2037 SCHULLER WAY

Posted on by Jenny Zamora

Casselberry Short Sale

Short Sale Property in Casselberry | 2037 SCHULLER WAY

This is a 1,252 sq ft. beautiful townhouse that needs new carpets and just a bit of paint on the walls. The property was built in 2006 and is two floors.

Other details:

2 bedrooms

2  1/2 bathrooms

Master bedroom on 2nd Fl/ walk-in closet

Community Pool

Playground

Volleyball court

Gym

Call me at 407-902-7750 or visit us at https://orlandorealtyconsultants.com/ to make your appointment, It is Priced To Sell!!!

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Developers Say the I-Drive Project Will Not be Named Orlando Eye 360

Posted on by Jenny Zamora

As the work on constructing a giant observation wheel at the International Drive is going on in full swing, the tourist corridor of Orlando has a lot of things to look forward to. The word was, that the overall project, that the observation wheel is a part of, is to be named the Orlando Eye 360 by its developers. The news was, however, brushed off by developers as they prepare to make an official announcement soon.

Other Than Orlando Eye 360 What is in the pipeline of Merlin Entertainments?

Merlin Entertainments Ltd. is working on a couple of attractions for the state and come 2015, the second-largest operator of visitor attractions in the world will unveil three attractions – the Orlando chapter of Madame Tussaud’s wax museum, the Orlando Eye and the Sea Life Orlando Aquarium.

The three attractions are part of a massive Orlando real estate project – the construction of a towering complex for shopping, dining and entertainment, that is being developed by NY-based Circle Entertainment Inc. and Orlando’s own Unicorp National Developments Inc. The multimillion-dollar Orlando Eye project on the International Drive (projected to cost over $200 million) is planned to be completed in phases – work in certain phases is already over.

For instance, the real estate agents in Orlando reveal that the International Drive will see Orlando’s first Yard House open for business on April 24. The popular restaurant adds to I-Drive’s impressive line of new and upcoming restaurants including Cooper’s Hawk Winery & Restaurant, BJ’s Brewhouse and the Red Robin. Local real estate agents believe that the Yard House alone would bring around 200 jobs to the I-Drive area in the form of servers, hosts, hostesses, line cooks and bar tenders to name a few.  Not to mention, new and better dining options for the area’s tourist corridor.

The project was developed with Orlando’s tourism industry in mind. International Drive’s convention area will get some much-needed entertainment, wining-dining and leisure options after the project ends. It will boost the tourism industry of the area that is currently valued at about $50 billion. The entire project will also boost employment in the area as it is expected to brings thousands of new jobs.

Merlin Entertainments is planning for a press event, to be hosted later this month, during which developer Unicorp plans to unveil the new name of the project. While speculations were high in the Orlando real estate scene that the project would be named the “Icon Park”, Chuck Whittall, the President of Unicorp denied, saying the firm would announce a different name.

The name has become a special area of interest, particularly because of the frequent changes made to it. Previously it had names like the I-Drive Live and I-Walk Orlando associated with it. Only Unicorp can tell what new moniker the project will adopt.

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Home Buyers in Orlando Gear Up as Rates of Fixed Mortgages Fall Further

Posted on by Jenny Zamora

The spring buying season of 2014 started off on a good note and it seems to only be getting better. Rates of fixed mortgages were on a downward spiral since the first week of April. The week beginning April 14 marked the second time when the rate of fixed mortgages fell to its lowest levels since February.

As noted by Freddie Mac, the government-sponsored mortgage buyer, the average rate of interest on standard 30-year home loans dropped to 4.27 percent in the week beginning April 14. The week before (April 7-13), fixed mortgage rates stood at 4.34 percent. The 4.34 percent – rate was again, 0.7 percent below the rate of fixed mortgages in the week beginning March 31. At the beginning of the year, these rates stood fairly high at 4.5 percent.

This week’s decline marked the second consecutive week when fixed-mortgage rates were the lowest since February and Orlando Realtors say prospective buyers are getting more enthusiastic about the spring buying season.

Will the Drop-in Fixed Mortgages Sustain Itself in the Coming Weeks?

Most probably yes. According to 56 percent of the market analysts interviewed by the website Bankrate.com, the rates are going to hold steady in the coming weeks. They say the rates of interest will continue to be low and remain stable over the next couple of weeks. They did not predict a rise in mortgage rates.

Realtors note that concerns of a weak market – one that wouldn’t be able to support a dynamic increase in prices of residential real estate  – to be one of the primary reasons rates began spiraling downwards in January 2014.

A good time to buy homes?

According to the Orlando real estate agents it is. According to the most recent report from the US Department of Housing and Urban Development, March was marked by an increase in new residential construction. The report, released April 16, revealed that housing starts in March increased by 2.8 percent, compared to February. The month also saw a  reduction in permits for residential buildings, as compared to the number of permits issued in February (2.4 percent decline). The number of permits was, however, 11.2 percent higher than the number in March 2013.

Increasing inventory and reducing rates of mortgages typically result in increased buyer activity. The Orlando real estate industry has seen its fair share of residential starts and realtors say more prospective buyers are inquiring about the rentals and purchases in upcoming properties.

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