Karen Arbutine & Associates

May 2010 Blog Archive

Seminole County Convention and Visitors Bureau will Help Plan Your Important Event Fri, May 28, 2010 Planning a reunion, alumni event or company outings?  The hotels in Seminole County have a wide variety of facilities to meet all of these needs, and the staff of the Seminole County Convention and Visitors Bureau (CVB) can help in making these ... Read More

Important Things to Know about Lightning and Safety Tips Fri, May 28, 2010 In 2009, there were 34 lightning fatalities in the United States, with Florida ranking number one with five of those deaths.  People are often under the assumption that if they do not see lightning or only hear thunder, they are safe.  This... Read More

Life Expectancies of Appliances Fri, May 28, 2010 The following list is a general guideline on appliances and small electrical products and their life expectancies.  Keep in mind that the life expectancy listed here is just a general guideline - depending on the model and brand of appliances yo... Read More

City of Orlando and Osceola and Seminole Counties Designate Recovery Zones Mon, May 17, 2010 Central Florida has been hit hard by the economic recession with an unemployment rate of 11.9 percent in December and 72,000 homes in foreclosure in 2009.  The city of Orlando and Osceola and Seminole counties have designated themselves as feder... Read More

Downtown Condominium The Vue Sold at Auction Mon, May 17, 2010 The 36-story, 375-unit tower, The Vue at Lake Eola condominium, was sold at auction for $25.9 million .  The winning bid came from Condo Deleveloper LLC, a Delaware-based corporation formed on March 8.   The final bid was $5.4 million more ... Read More

Seminole County Office Space Vacancy Mon, May 17, 2010 Seminole county has an average office space vacancy rate of 19.1 percent for the first quarter 2010, compared with 21.1 percent throughout Central Florida.  More rental office space came on the market in the first-quarter of 2010 than was leased... Read More

Rising Home Prices in Orlando Thu, May 13, 2010 The month of April was a good one for the Orlando real estate market.  2,461 properties were sold last month, which was up by one-third from a year ago. Existing home home sales prices were up for a third straight month, and foreclosure activity... Read More

Wal-Mart Brings jobs to Casselberry with Supercenter Wed, May 12, 2010 After a two year delay, the city of Casselberry may finally get its new Wal-Mart Supercenter, bringing an estimated 250 permanent jobs to the area by 2011.  The site is located at U.S highway 17-92 and State Road 436.   It typically takes a... Read More

Business Prices Drop in Orlando Wed, May 12, 2010 The current price to purchase a business in Orlando has dropped 12.6 percent compared to last year.  The current asking price for a business is about $169,500. compared to last years price was $194,000.  The first quarter 2010 data is based... Read More

Preliminary plans for renovations to Citrus Club in Downtown Orlando Wed, May 12, 2010 The 2,000 member Citrus Club located in downtown Orlando is poised to get a $2 million facelift later this year.  ClubCorp USA Inc., located in Dallas will attend the Citrus Club's board meeting next month to discuss upgrades and renovations to ... Read More

Success for Orlando Magic Means Success for Local Businesses Wed, May 12, 2010 The first round of the 2010 playoffs for the Orlando Magic has been a profitable one for local Orlando sports bars, banner printers and T-shirt makers, among other businesses.  Last year, local businesses also reported at least a 15 percent hike... Read More

Orlando Theme Park Scene Expansion Thu, May 06, 2010 The Magic Kingdom topped the list in terms of the theme park attendees for 2008 with 17 million visitors, followed by Epcot, Disney's Hollywood Studios, Disney's Animal Kingdom, Universal Studios, Sea World, and Islands of Adventure with 5.3 million ... Read More

Home buyers rush to sign contracts for federal tax credit deadline Thu, May 06, 2010 The tax credits for first time home buyers and repeat buyers have helped boost sales during the past couple of months.  Pending sales jumped 8 percent in February and were up 17 percent compared with February 2009, said the National Association ... Read More

$20M Lake Mary Medical Office Project Construction Starting Soon Thu, May 06, 2010 Mariner Asset Management Services LLC plans to build a $20 million, 72,000 sq. ft. medical office complex dubbed Heathrow Health City within the next few months.  The locaton is County Road 46A, east of Rinehart Road.  Construction could be... Read More

Homebuilder K. Hovanaian Cambridge seeks OK for two new Central Florida Subdivisions Thu, May 06, 2010 K. Hovnanian Cambridge Homes LLC is gearing up to build 489 homes in two Central Florida communities, a sign that demand for new homes is making a comback.  The Orlando division of Red Bank, N.J. based builder is expected to build 450 single-fa... Read More

Fed Must Raise Interst Rates Thu, May 06, 2010 UCF professor and economist Sean Snaith says the Federal Reserve risks repeating "sins of the past" if it doesn't raise key interest rates.  Snaith predicts the end of "excessively loose monetary policy" in his most recent national forecast. Af... Read More

Simple Pleasures - 2010 Parade of Homes Sat, May 01, 2010 In an economy that's been battered by a recession, what do people want to do on a sunny weekend?Look at new homes and home-remodeling projects, of course.It may be hard to believe, but organizers of the 2010 Parade of Homes say that, though the numbe... Read More

Orlando FL Parade of Homes 2010 Sat, May 01, 2010 The 2010 Orlando Parade of Homes showcases 48 beautiful homes including remodeled homes, single-family homes, townhomes, condominiums, custom homes, Design Specialty Showcase homes, Green-built homes and virtual tours. Homes can be found in all price... Read More

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