The area of Orlando that is west of downtown has some attractive Orlando condos. Located conveniently close to major highways, City Hall, and Eola park, these Orlando condos offer affordability, luxury, and great location.

A few blocks from Lake Silver in College Park, the Wellesley condos are an attractive choice. Orlando Loft living is at its best here, with Arts and Crafts architectural features, and all the bistros and boutiques of downtown College Park.

We’re still looking at a condo market throughout the state of Florida that has a lot of inventory and lowered prices. Orlando is one of the premier destinations in Florida for business and recreation, and it is a great place to raise a family.

With Florida real estate prices still in decline, there are great opportunities for you to buy your Orlando Disney home now, and in one of the most desirable areas. These prestigious addresses afford luxury living close to Orlando’s world class shopping and attractions.

Things are definitely looking up in Orlando. Florida’s existing home sales increased in March, and that means that buyers are taking advantage of great deals in condos in Orlando, and the surrounding areas of Winter Park, Longwood, and Lake Mary.

Orlando foreclosures are no longer just in risky neighborhoods. The foreclosure crisis has hit all sorts of homes in all types of areas. Pre-foreclosure, many homeowners and developers are willing to negotiate with a buyer/investor. If they can walk away with a little cash and satisfied liens, and you have a property for less than the market value, it can be a win – win proposition.

Orlando lofts are a popular lifestyle choice right now. Whether built brand new, or converted from formerly commercial and industrial space, the convenient locations, ample space, soaring ceilings and light pouring in through large windows make an attractive choice, and are a magnet for urban designers.

There are only six spots left at the Wellesley condos in Orlando, a new arts and crafts style building.

There’s been a lot of attention to nationwide foreclosures in the news lately. The number of foreclosures is up this month, and looks pretty drastic. This is partly because of the moratorium on foreclosures in December and through February, awaiting word from the White House on how the federal government would intervene. Now that the moratorium is over, foreclosed properties that were already set for auction have been again scheduled for sale, and now there is a backlog of them.

Good news for FHA loans! As of last week, there are new maximum loan limits that are available due to the American Recovery & Reinvestment Act. These new loan limits are for new and existing loan applications that are submitted with credit approval on or after March 12, 2009.

Here is a list of the 2009 FHA Maximum Mortgage Limits*:
$729,750 for one-unit properties
$934,200 for two-unit properties
$1,129,250 for three-unit properties
$1,403,400 for four-unit properties
These new limits open up the possibilities for many new buyers! Now lenders can go as high as a $729,750 …

Orlando is on the rebound in condo sales, and we’re happy to be here blogging about it. There are some great opportunities in Orlando condominiums, and our market is beginning to reflect it. Our prices are lower, interest rates on mortgages are lower, and buyers are taking advantage of the $8000 first time homebuyer tax credit.

Thornton Park Central is an urban mixed-use development at the corner of Central Boulevard and Summerlin Avenue in Downtown Orlando. It contains 20,000 square feet of retail space, 40,000 square feet of office space, 56 loft condominiums and an integrated 340 space parking garage. This $31 million project was developed by Phil Rampy and Craig Ustler and construction was completed in January 2002. Thornton Park Central opened with 100% retail occupancy and 82% office occupancy with 100% achieved in 2003. The condominiums were completed with 60% of the residences sold …