Friday, November 03, 2006

Orlando New Construction News

Orlando, Florida a prospering city for real estate, has many new construction projects and home sales that have slowed down from last year. The orders for new home sales have slowed and new inventory homes remain vacant, pushing inventory numbers to 22,794 units. Despite slowdown, here are some developments that remain active during 2006:
  • Solivita 743 homes
  • Timber Springs 489 homes
  • Lakes of Windermere 482 homes
  • Spring Isle 476 homes
  • Summerport 391 homes
  • Avalon Park 385 homes
  • Moss Park 350 homes
  • Legacy Park 354 homes
  • Plantation at Leesburg 324 homes
  • Lake Ashton in Polk 304 homes

Many builders are offering various incentives to lure buyers to contracts. Such as TV, cash incentives, and home decor. Courtesy of Orlando Sentinel 11/1/06.