The Lake Mary / Heathrow Florida Real Estate Blog

Seminole County is the quintessential Central Florida bedroom community.  Seminole County boasts a welth of cozy and high end and well structured neighborhoods.   Nearly 70 percent of the residents who live here work outside of the county.  New communities continue to rise, particularly in teh Winter Springs/Oviedo and Sanford/Lake Mary/Heathrow corridors.

While many residence live here there is a huge demand for commercial progress as well.  Business, in fact, is booming throughout the country, with thousands of business start - ups recorded in 2006-2007.   Among the many are corporate headquartes to American Automobile Association, Dixon Ticonderoga, Priority Healthcare Corp. and Mitsubishi Power Systems.

Seminole Community College with its more than 35,000 students, and Orlando-Sanford Airport which accomidates both domestic and international passengers are the two major contributors to business activity here in Seminole County.

State Parks such as Wekiva Springs Park and The Central Florida Zoo attract tourism here as well.

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Are you looking for a great place to shop? Look no further, we have it here in Orlando.  More than 200 shopping centers and eight major malls deliver the goods throughout the region, which ranks in the top 10 percent of all metro areas in total retail sales.

The major mall The Mall At Millenia is the newest and fanciest of them all.  This arena features anchor shops such as Bloomingdale’s, Macy’s, Neiman Marcus and Hugo Boss.  The mall, which contains 1.2 millon square feet, is located south of downtown Orlando off of Interstate 4.

The largest mall, at 1.6 million square feet, is the Florida Mall.  This mall features more than 250 stores such as Saks Fifth Avenue.  Other malls include Altamonte Mall, Seminole Towne Center, West Oaks Mall, Orlando Fashion Square Mall and Oviedo Marketplace.   These fine malls include headline names such as Macy’s, Dillards, JC Penney and Sears along with many speciality shops.  Got the fever to shop Orlando has it all!

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Have you thought about buying a new home in 2007?  Maybe you did and chose to sit on the proverbial fence, waiting and wondering to see how the housing market correction was going to unfold.

If so, it is playing out just like much the way corrections always do.  Housing starts on new construction dropped 47 percent versus the same month a year ago.  Unsold inventory has dropped as well which is encouraging news.

Many builders are playing it smart.  Now they are putting new projects on hold and waiting for the rebound in 2008 which may be stronger than many people are expecting.  When this day comes the buyers market will be over!  Builders have a priority to diminish inventory by offering discounts, and cutting deals to buyers.  Combined with the low interest rates that we are facing which may go lower - means the time to buy is now.

In the long run whenever you buy, the Central Florida housing market is going to be a solid investment in the long haul.  Orlando is one of the top relocation destinations in the country.  This is not going to change despite of market fluctuations.

 So, if you are sitting on the fence, jump in there, the Orlando market is a great place to invest.

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If you would like to see luxurious homes featuring amenities such as a bowling alley, resort-style lagoon pool, and butler kitchen, extreme custom appointments,  then attend the 2008 Street of Dreams at Lake Club.  This event will take place in Lake Mary from May 10th to June 22nd.

This is the eighth Street of Dreams show in Central Florida, which will feature three of the most expensive and spectacular show homes in this unique event.  The homes you may tour will range from 10,000 to 17,000 square feet and valued near 8.5 million.

An enclave of large estate lots located across from Alaqua Lakes on the desirable Markham Woods Road located one-half mile south of Lake Mary Blvd.

Prices for admission are $15 on the weekends and $13 Weds-Friday.  Discounts for children and seniors.  Tickets are available at the homesite.  Dont miss this exclusive event!

 This year’s builders and interior designers are:

• Martoccia Custom Construction
  Anne Rue Interiors
• Irvin Construction Company, Inc.
  Robb & Stucky Interiors
• Hillcrest Homes and Development, Inc.
  CEC Interiors/Wall Flowers Design Center

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