Altamonte Springs
REAL ESTATE
Orlando Public Housing Waiting List Opens for Three Days Amidst High Demand and Limited Supply
Orlando residents seeking affordable housing have a brief window of opportunity as the city opens its public housing program waiting list from Monday to Wednesday, to accommodate individuals and families grappling with housing affordability in the region, as reported by WFTV. Pre-applications are currently welcomed for newcomers to the program, aiming to ease their journey towards securing a place to call home in one of the 12 properties managed by the Orlando Housing Authority (OHA), comprising over 1,300 units.
Lakeside at Toscana home tops Dr. Phillips sales from July 8 to 15
A Lakeside at Toscana home topped all Dr. Phillips residential real-estate transactions from July 8 to 15. The home at 7635 Toscana Blvd., Orlando, sold July 12, for $1,600,000. Built in 2017, it has five bedrooms, five baths and 4,198 square feet of living area. The sellers were represented by Keith Conklin LLC, Folio Real Estate.
2024 Orlando Mortgage Professional Spotlight: Shahram Sondi
For over two decades, Shahram Sondi (NMLS 186790 – Principal Broker with The Mortgage Expert | NMLS 2412313) has been a leading mortgage broker in Florida, helping more than 2,300 Floridians secure some of the best mortgage deals on the market. With over $500 million in closed deals, he has the expertise and connections to help you too.
Overlook 2 at Hamlin home tops Horizon West sales from July 8 to 15
An Overlook 2 at Hamlin estate topped all Horizon West residential real-estate transactions from July 8 to 15. The home at 15138 Shonan Gold Drive, Winter Garden, sold July 9, for $2,600,000. Built in 2019, it has five bedrooms, five-and-one-half baths and 5,604 square feet of living area on 2.95 acres. Days on market: 38. The sellers were represented by Kayleigh Crow, The Nest Group brokered by LoKation Real Estate and LoKation Luxury. The buyers were represented by Nia Medina, The Nest Group brokered by LoKation Real Estate and LoKation Luxury.
Home Buying rules remain unchanged despite high prices
A general rule that many have used for decades when it comes to buying a house is the 3x rule, which means your mortgage should be no more than three times your annual salary. Although housing costs are high in Orlando, Rose Kemp, President of the Orlando Realtors Association, said that rule still holds true in 2024.
Welcome to NewsBreak, an open platform where diverse perspectives converge. Most of our content comes from established publications and journalists, as well as from our extensive network of tens of thousands of creators who contribute to our platform. We empower individuals to share insightful viewpoints through short posts and comments. It’s essential to note our commitment to transparency: our Terms of Use acknowledge that our services may not always be error-free, and our Community Standards emphasize our discretion in enforcing policies. We strive to foster a dynamic environment for free expression and robust discourse through safety guardrails of human and AI moderation. Join us in shaping the news narrative together.