Important information for Foreign National Owners Sometimes, after the closing, homeowners want to change how they took title to a property by adding a family member or spouse, or by transferring the property to a corporation or trust. Beware that such transfers likely would create unintended tax liabilities. The best time to consider how to take title to property is prior to entering into a...
September 2023
Orlando Housing Market Activity Orlando Area Residential Real Estate Snapshot for August 2023 New Orlando Regional REALTOR® Association data shows market continues to cool as fall season approaches State of the Market Inventory for August was recorded at 6,115, up 6.9% from July when inventory was recorded at 5,720. New listings rose 6.1% from July to August, with 3,620 new homes...
Windermere is regarded as being one of the best places to live in Florida, according to Niche. It’s relatively small, but it has a lot to offer including quality schools, luxury homes, and proximity to theme parks and downtown. I love the fact that it was discovered and named by a guy who comes from Windermere in the UK (not far from my hometown in the UK!) A lot of people don't know this fact....
What is Best for Sellers right now in 2023 market? With home prices’ peak likely in the rear-view mirror, should sellers waiting to maximize profit jump in before it’s too late or wait and hope for another market reversal? As the housing market has cooled considerably, sellers are now wrestling with whether to sell their homes as soon as possible or hold off on selling. Two years ago, it...
Walt Disney World has pulled back the curtain a bit more on its ‘Beyond Big Thunder’ plans for Magic Kingdom expansion outside the existing footprint of the park. This post discusses possibilities for Coco, Encanto and Villains lands in the longer-term. This news was shared during the “A Celebration of Disney Parks, Experiences and Products: Yesterday, Today and Tomorrow” presentation at...
After Idalia, Fitch Ratings warns about long-term effects of property-insurance problems in Fla. and California, citing rising costs and reduced availability. As Florida recovers from Hurricane Idalia, Fitch Ratings this week warned about long-term effects of property-insurance problems in Florida and California. “Rising premiums and reduced availability of homeowners’ property insurance...