Orlando Medical City: Lake Nona Smashing Sales Records – $100 million to July

More great Real Estate news for Lake Nona!

Thanks to a ton of newer businesses in Lake Nona which means development and job creation as well as the opening and publicity of the fantastic medical facilities in Lake Nona, the area is on track for another record breaking year! Metrostudy, a market research firm tweakyourbiz listed Lake Nona as the most active local community with more than 400 new home starts over the past twelve months, double the Orlando metro area’s nearest competitor!

Sales records for homes have already broken records with over 320 sales and over $100 million in new home contracts through July, thats just for the first half of the year! Over the previous 12 months there have been nearly 500 new homes sold with Laureate Park being the most popular and active neighborhood by far. In fact, they have 165 new contracts in 2013 alone! After all, what’s not to love? There are over 20 decorated models to tour at Lake Nona, with 15 at Laureate Park! Definitely worth considering for potential buyers.

As just mentioned the other day, through the second quarter of 2013, the market research firm RCLCO identified Lake Nona as the fastest selling community in Orlando, and the 14th fastest selling community in the whole country!

Thinking of moving to Orlando’s Medical City or the Lake Nona area? Or any other part of the Orlando/Central Florida area?  Click here to search the Orlando Multiple Listing Service. You can also view our fantastic range of featured properties! Selling your home? Contact us for comprehensive home valuation services! Email Steve Glose here at steve@thefloridalivingteam.com. Or you can call direct on 407-616-7286.

Orlando Medical City – Orlando’s up-and-coming Elite Community.

Orlando Medical City: Lake Nona Top 15 Best Selling Communities In The USA

Stop the press! – Great news for those living in Lake Nona and those considering to make the community their new home!

Lake Nona ranked 14th in the country in sales through the first half of 2013 according to the RCLCO, a national real estate research firm. This is up compared to the previous release back in January where Lake Nona was only in the top 20 communities in the nation! Lake Nona is also now also the fastest selling community in the Orlando market. They say that Lake Nona’s sales at Laureate Park are currently selling at more than double the pace of last year.

RCLCO has listed each year (since 1994) the top selling master planned communities of 2013. According to their data home sales in the top master planned communities were at their best since 2007. In fact, sales in the top 20 are over 37% higher in 2012 than in 2011. In Lake Nona however the figures were up 169% in 2012 compared to 2011’s sales data. They said this time that sales amongst Florida’s master planned communities continue to improve as the economy is strengthening and the housing market recovery continues.

As Rob Adams, Vice President of Marketing and Sales at Lake Nona, attributes the areas  success due to “thoughtfully designed, special place, an improved Orlando housing market, a growing on-site employment base, a great school system, and a comprehensive onsite housing offering.” – couldn’t have put it better! More info here

With inventory selling fast and prices nationally up 15% as we wrote about, now is the time to buy Lake Nona!

Thinking of moving to Orlando’s Medical City or the Lake Nona area? Or any other part of the Orlando/Central Florida area?  Click here to search the Orlando Multiple Listing Service. You can also view our fantastic range of featured properties! Selling your home? Contact us for comprehensive home valuation services! Email Steve Glose here at steve@thefloridalivingteam.com. Or you can call direct on 407-616-7286.

Orlando Medical City – Orlando’s up-and-coming Elite Community.

Orlando Medical City: Nemours Lake Nona Awarded LEED Gold Green Building Certification

This is exciting news for Lake Nona and for the Orlando Medical City area.

As reported by the Lake Nona Blog, the Nemours Childrens Hospital in Lake Nona has been awarded the prestigious LEED® Gold Certification. This makes it the ONLY hospital in Central Florida with Gold. In fact, Nemours Children’s Hospital is one of only three children’s hospitals in the country that have achieved Gold certification! This makes it even more special that we have one right here in Lake Nona!

The LEED certifications were established by the U.S. Green Building Council and verified the Green Building Certification Institute (GBCI). They are the leader in standards for design, construction and operation of buildings that are environmentally friendly.

Nemours has specially designed, exterior sunshades help block the sun, keeping the building cooler year-round and helping to reduce energy costs by 22%, recycled 90% of its construction waste, utilizes native Florida planting throughout the campus minimizing irrigation needs. Reclaimed water is used where possible and bathrooms throughout the facility are specially equipped with low-flow faucets and dual-flush toilets reducing water usage by 32%.

Why does this all matter? Well, asides from helping the planet, LEED certifications and standards are definitely watermarks for communities to showcase how environmentally conscious they are. Lake Nona is a forward thinking and upscale part of Orlando’s Medical City. Nemours is a key part of the entire area. It was also awarded the 2013 Award of Excellence from the Florida Chapter of the American Society of Landscape Architects, which awarded the hospital for building an innovative yet sustainable, user-friendly campus!

As a reminder, Nemours is a 630,000 square feet facility that opened last year and services the entire Orlando metropolitan area. It is a key place of employment for residents in the Lake Nona area.

If you are working at Nemours then one of the great communities in Lake Nona would be perfect for you!

Thinking of moving to Orlando’s Medical City or the Lake Nona area? Or any other part of the Orlando/Central Florida area?  Click here to search the Orlando Multiple Listing Service. You can also view our fantastic range of featured properties! Selling your home? Contact us for comprehensive home valuation services! Email Steve Glose here at steve@thefloridalivingteam.com. Or you can call direct on 407-616-7286.

Orlando Medical City – Orlando’s up-and-coming Elite Community.

Orlando Medical City: Prices Rise 15% Nationwide, Orlando Real Estate is hot, hot, hot!

This is such fantastic news for the real estate industry and the Orlando Real Estate Market as a whole. Housing in Lake Nona, Orlando’s Medical City and the surrounding communities are really selling super fast!

As Realtytimes.com reports, the housing recovery continues to plough its way across the nation. It isn’t just investors either. Everyone is flocking to the market as a homes true value as a great investment vehicle is being realized again.

Buyers need to know that inventory is tight and investors are snapping up what they can. Movado.com issued it’s State of the Real Estate Market July 2013 report, which covers the June 2012 to June 2013 period which showed that across 38 cities the list price per square foot for a property increased by an average of 15%! Rising on average from $158 per square feet to $181 per square foot. This is really an amazing rise! Orlando has seen many parts of the city increase in pricing and Lake Nona is one of them. Also in 32 of the 38 cities Movoto tracks continued to see a drop in total inventory with an overall total inventory drop of 20.5% over the past year.

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So if you are looking to turn Lake Nona into your new home then you need to get on the bandwagon and start looking for a new home today!

Thinking of moving to Orlando’s Medical City or the Lake Nona area? Or any other part of the Orlando/Central Florida area?  Click here to search the Orlando Multiple Listing Service. You can also view our fantastic range of featured properties! Selling your home? Contact us for comprehensive home valuation services! Email Steve Glose here at steve@thefloridalivingteam.com. Or you can call direct on 407-616-7286.

Orlando Medical City – Orlando’s up-and-coming Elite Community.

Orlando Medical City: Road Extension for Lake Nona Blvd to Boggy Creek Road?

Lake Nona and Orlando’s Medical City Development just keeps on truckin’

That’s right, Orlando’s fastest growing community is still growing with news homes, subdivisions, businesses and more springing up all the time!

This includes new roads and road extensions, like the proposed Road Extension for Lake Nona Blvd to bring it to Boggy Creek Road.

Builders here are seeking $10 million in federal tax money to build a new road in Lake Nona that would extend Lake Nona Boulevard by nearly a mile to Boggy Creek Road. It is hoped that by doing this is would help even more economic development in the area. After all the entire Lake Nona area is growing so fast that certain areas are soon to be built out.

Take a look at the Google Map here and you can almost guess the expected path of development:


View Larger Map

Stay tuned in the future to see what development occurs along this proposed road extension in Lake Nona.

Thinking of moving to Orlando’s Medical City or the Lake Nona area? Or any other part of the Orlando/Central Florida area?  Click here to search the Orlando Multiple Listing Service. You can also view our fantastic range of featured properties! Selling your home? Contact us for comprehensive home valuation services! Email Steve Glose here at steve@thefloridalivingteam.com. Or you can call direct on 407-616-7286.

Orlando Medical City – Orlando’s up-and-coming Elite Community.

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