Epcot's annual International Flower & Garden Festival is still in full swing and if you haven’t explored the many gardens of the festival, I suggest you check out Bambi’s Butterfly House. Now through July 4th, 2022 this little oasis is a walk-through experience located just near the Imagination pavillion. Let’s explore! If you are looking for a beautiful, peaceful stroll while...
May 2022
Michael Burry, of 'The Big Short' fame, compared the slowing housing market to 2008 saying it's like 'watching a plane crash' This week mortgage rates reached a 13-year high of more than 5% One economist said that house prices could drop as much as 40% during the summer of 2022 America's red hot housing market is cooling down fast sparking fears of a housing bust and crippling recession as...
A new Walt Disney World Store will be opening on I-Drive in Orlando, Florida on May 31, alongside the New art Installation. The ribbon-like art installation on the Hollywood Plaza parking garage will animate images of the golden Fab 50 statues when it is initially turned on. It will eventually feature other characters and celebrations, too. “We took a lot of knowledge from setting up the...
Orlando Real Estate News As states issued strict lockdowns two years ago, it was a foregone conclusion that the U.S. housing market would slump. After all, with the COVID-19 recession sending the unemployment rate to its highest level since the Great Depression in April 2020, how could residential real estate not sink? Only it didn't happen. By the summer of 2020, both the U.S. economy and housing...
Orlando Real Estate News The most competitive housing market ever is finally showing signs of breaking. As data trickles in for April, it's becoming clear that the historically hot housing market has flipped trajectories. It's now in cooling mode. The number of home listed for sale is rising again. Fewer shoppers are scheduling tours. And Redfin report 15% of home sellers in April cut their asking...
House Price Decrease Fed Chair Jerome Powell was crystal clear on Wednesday: The Federal Reserve has transitioned into full-fledged inflation-fighting mode. The goal, Powell says, is to see the 8.5% annual rate of inflation fall back to the Fed’s 2% target rate. The increasingly hawkish Fed will start by upping the federal funds rate—the interest rate it charges banks—50 basis...
Inflation has changed perceptions. More potential homebuyers must now use money to pay for daily essentials, and credit card usage rose 49% in 1Q 2022. DALLAS – Of those consumers planning to buy a home this year, 30% changed their plans due to the economy or their personal budgets. For some of them (7%), their credit score is no longer high enough to qualify for a mortgage, according to a...
Housing starts fell just 0.2% in April, but multifamily starts rose 15.3% to offset the single-family drop. NAHB cites “weaker confidence in the single-family market.” The single-family housing market continued to show signs of slowing in April as rising mortgage rates and supply chain disruptions continue to take a toll on the housing market. Due to a surge in multifamily production,...
Home Improvement 5 Home Improvement Projects to Enhance Your Vacation Home As a vacation homeowner, you want your property to be a cut above the rest. Whether your second home is your second source of income, or you genuinely want to improve your guest experience, sometimes a well-thought-out transformation for your space is just what the doctor ordered. We’re here to help you figure out what’s...
Walt Disney World has released new details about the World Celebration neighborhood of EPCOT, which will soon be home to CommuniCore Hall and Plaza, the reimagined core of Future World and scaled down festival center that was previously announced but shelved. This post shares new concept art, what the company is promising, and our commentary. EPCOT is now unified with four neighborhoods, each...