Metro City Realty Blog

Metro City Realty

20 Free Things to Do in Orlando this Summer

20 Free Things to Do in Orlando this Summer Summer is a great time to enjoy Orlando and some of its best events and amenities. The City Beautiful offers a wide variety of free activities for everyone, including parks and lakes, fairs and festivals, and a thriving arts scene that make Orlando a community where quality of life is second to none. Here are 20 free things to do in Orlando this summer: Take a...

Florida’s Economic Growth Beats U.S. Average

Florida's Economic Growth Beats U.S. Average Florida's economic growth in 2014 outpaced the national average, the U.S. Bureau of Economic Analysis reported Wednesday. Goods and services produced in Florida increased 2.7 percent last year compared with 2.2 percent nationally, the bureau said. Florida's economic growth topped all states east of the Mississippi River except West Virginia where the economy...

Metro City Realty

New Lake Eola Tower Proposed

New Lake Eola Tower Proposed The latest new proposal for a high-rise in the heart of downtown Orlando is a 28-story mixed-used tower smack on the shores of Lake Eola. A development company that includes Marc Bortz of Chicago-based Bortz Group owns the property. According to the new Lake Eola tower plans, the building would replace the City Centre building at 205 E. Central Blvd, built in 1925, and two...

Pending Home Sales Rise to Highest Level in Nine Years

Pending Home Sales Rise to Highest Level in Nine Years The National Association of Realtors (NAR) recently reported in their Pending Home Sales Index (PHSI) that pending home sales increased in April for the fourth consecutive month and reached their highest peak in nine years. All four major regions saw growth in April, led by the Northeast and Midwest. The steady gains in contract activity each month...

Florida Home Prices Will Rise 4-5% Over Next Year

Realtors remain mostly confident about the real estate market over the next six months, thanks to 30-year fixed rates that remain below 4 percent, continued job growth, and recent measures that have made credit more accessible and cheaper. Across all property types (single family, townhomes, and condos), the number of Realtors indicating that their market was "strong" outnumbered those who viewed the...

Metro City Realty

81K FL Homeowners Missing Out on Mortgage Savings

81K FL Homeowners Missing Out on Mortgage Savings Florida has the highest number of homeowners nationwide failing to cash in on a federal mortgage savings program that could save them hundreds of dollars each month. An estimated 81,420 Florida borrowers are not taking advantage of the lower interest rates available through the Home Affordable Refinance Program (HARP), according to a year-end report from...

Metro City Realty

Florida’s Housing Market Shows Strength in 1Q 2015

Florida's Housing Market Shows Strength in 1Q 2015 Florida's housing market had more closed sales, higher median prices, more new listings, fewer days on the market and a slight uptick in inventory during the first quarter of 2015, according to the latest housing data released by Florida Realtors. Closed sales of single-family homes statewide totaled 59,599 in 1Q 2015 18.6 percent more the 1Q 2014...

Downtown Orlando Real Estate, Orlando Homes & Condos For Sale

Mayor Buddy Dyer’s Annual State of the City Address

Mayor Buddy Dyer's Annual State of the City Address The city of Orlando has a lot to be proud of and much more to look forward to. That's according to Orlando Mayor Buddy Dyer, who highlighted economic development, the region's record 62 million visitors, transit expansion, and more in his April 29 annual state of the city address. Mayor Buddy Dyer held his annual State of the City address at the Dr....

Downtown Orlando Real Estate, Orlando Homes & Condos For Sale

RV Park to Become Tiny House Community

RV Park to Become Tiny House Community A College Park neighborhood is offering a million-dollar view with a tiny price tag. In order to live there, you have to be willing to live in a home that matches that price tag. Adam Money purchased the property that is now Orlando Lake Front at College Park Tiny Home and RV Community several years ago. At the time, the property with lake access and beautiful views...

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