An update on Wellness Way and the Olympus area, between Clermont and Winter Garden
And weren't we right? For at least three years we've been following this area between Clermont and Winter Garden, now called Wellness Way. From the first news about the approval of the Olympus project, the mega sports complex that will be built, to all the developments springing up around it. If this [...]
New expressway between Clermont and Winter Garden approved
The Central Florida Express Authority (CFX) has approved a new $3.2 billion budget for a five-year work plan. The new connection between Lake and Orange counties, now called the "SR 516 Lake-Orange Expressway", is included in the new budget. The construction of SR 516 will be divided into 3 segments, with the [...]
Real estate activity in Orlando - December 2020
Real Estate Activity in Detail A new report from the Orlando Regional Realtor® Association details how the real estate market fared in 2020 compared to recent years. Despite the pandemic and its impacts, the median home price in Orlando rose as buyers struggled to find homes in a market with [...]
Real estate activity in Orlando - November 2020
Real Estate Activity in Detail Many people bought a new home in the Orlando area for the holidays, despite low inventory and the number of new listings falling to their lowest levels this year, according to a new report from the Orlando Regional REALTOR® Association. A total of 3,251 homes were sold in November, representing [...]
The Under-I Project in Downtown Orlando
The I-4 Ultimate construction project, scheduled for completion in early 2022, is rebuilding all the viaducts in downtown Orlando. The reconstruction of the I-4 Ultimate overpasses, significantly higher and wider than the previous ones, will create new and exclusive spaces underneath Interstate 4 in downtown, between [...]
Real estate activity in Orlando - October 2020
Real Estate Activity in Detail The Orlando area avoided the typical fall slowdown and instead showed significant increases in home sales and prices in October, according to a new report from the Orlando Regional REALTOR® Association. Data from the monthly housing report reveals that the number of homes sold [...]
Disney Springs will have a train station
Brightline and the Walt Disney World Resort announced on Monday (23) that they have entered into an agreement to build a train station at Disney Springs. The Brightline station will add a new travel option between Walt Disney World and Orlando International Airport. It will also connect guests from Miami, Fort Lauderdale [...]
Real estate activity in Orlando - September 2020
Real Estate Activity in Detail Homes in the Orlando area continue to come off the market this fall, while inventory remains tight, according to a new report from the Orlando Regional REALTOR® Association. Data from the September 2020 monthly housing report reveals fewer homes and higher prices than in [...]
Real estate activity in Orlando - August 2020
Real Estate Activity in Detail A spring of paused transactions spurred a surge in buyer activity that continued into August and put Orlando-area home sales in positive territory for the second month in a row, reports the Orlando Regional REALTOR® Association. Orlando's median price also continued to rise, while inventory fell [...]
Real estate activity in Orlando - July 2020
Real Estate Activity in Detail The Orlando real estate market saw an uptick in buyer activity in July, which brought sales out of the red after three months of precipitous year-over-year declines caused by the COVID-19 pandemic, reports the Orlando Regional REALTOR® Association. The average price of homes sold in Orlando continued its [...]