Orlando Real Estate News

National News is reporting more issues with Chinese Drywall:

NEW ORLEANS (AP) - Jan. 14, 2010 - Louisiana's attorney general on Wednesday sued building supply manufacturers and developers over imported Chinese drywall that homeowners claim has damaged their homes and made them sick.

Attorney General James D. "Buddy" Caldwell said he filed a lawsuit in state court on Wednesday to help state and local governments recoup the cost of dealing with contaminated drywall. The suit names a slew of companies - from Chinese drywall manufacturers to home developers - as defendants.

"The state attorney general's office said enough is enough," Caldwell said at a news conference on the steps of the Louisiana Supreme Court in the French Quarter. "We've had too many catastrophes down here."

Reports of tainted Chinese drywall began to surface last year and homeowners who bought houses with the imported materials have filed hundreds of lawsuits against builders, suppliers and manufacturers.   What does this mean for Orlando home buyers?   Well it means that you will need to do your due dilligence when purchasing a home.   This is an important question you can ask of your home inspector, who will be able to guide you through the testing process.

For information on great real estate buys in Orlando and nearby suburbs,
contact the Orlando Property Group, your short sale and luxury home specialists.

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If you want to sell your Seminole County or Orlando area home in the next 6 to12 months, now is the time to begin putting your plan into place while time is still on your side. Please contact us for any real estate assistance you may need.

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NEW YORK - Jan. 12, 2010 - If you ask your barber for a trim and end up with a buzz cut, your hair will grow back in a few months. But if an inept tax preparer makes a hash out of your tax return, the repercussions could haunt you for years.

When you file a tax return with the IRS, you're legally responsible for the information on the return. Underpay your taxes, and you'll be responsible for the amount owed, plus interest and possibly penalties. The IRS won't let you off the hook because someone else prepared your return.

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Heathrow FL Market Update - February 2009

Heathrow is a master-planned gated community with 26 individual neighborhood associations that ensure continuity of the highest standards and an elegant lifestyle. Located just west of I-4 and Lake Mary and about 25 minutes from Orlando and Disneyworld, Heathrow is home to the private Ron Garl-designed Heathrow Golf Course.

Real Estate Update for Heathrow

This monthly update provides residential real estate listings and sales statistics for Heathrow, Florida. While this is an accurate overall snapshot of what's happening in the local housing market, sales trends vary from neighborhood to neighborhood and from budget-priced condo to comfortable single-family home to elegant luxury estate.

Active Listings (Real Estate for Sale):
Property being marketed for sale by a Realtor®, as contracted with the seller.

February 2009:
 • Total active listings: 29
 • Highest listing price: $990,000
 • Lowest listing price: $160,000
 • Average listing price: $443,587
 • Average days on the market: 193

January 2009:
 • Total active listings: 28
 • Highest listing price: $1,390,000
 • Lowest listing price: $225,900
 • Average listing price: $484,625
 • Average days on the market: 199

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http://www.orlandofloridarealestatehomes.com/0095D1

Orlando Florida Real Estate Resource

Heathrow Florida Real Estate Market Facts - Everything You Need To Know!

Here Are Some Local Factors That Affect Home Values In Heathrow Florida

City Overview

As of 2007, Heathrow's population was 5,372 people. Since 2000, it has had a population growth of 32.06 percent.

The median home cost in Heathrow is $399,900. Home appreciation the last year has been -11.11 percent.

Compared to the rest of the country, Heathrow's cost of living is 8.78% Higher than the U.S. average.

Heathrow public schools spend $4,573 per student. The average school expenditure in the U.S. is $6,058. There are about 18 students per teacher in Heathrow.

The unemployment rate in Heathrow is 2.80 percent(U.S. avg. is 4.60%). Recent job growth is Positive. Heathrow jobs have Increased by 2.78 percent.

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