Entries by WeKnowNona

Home Sales Fall Back After the Spring Season

Pending home sales slid in April to their third-lowest level over the past year according to the latest Pending Home Sales Index data released by the National Association of Realtors (NAR) on Thursday. The report indicated that the index declined 1.3 percent in April to 106.4 from an upwardly revised 107.8 in March. On a year over year basis, […]

Lake Nona-area plaza, tenants for future

A plaza near Lake Nona, a fast-growing community in southeast Orlando, is expanding and gaining medical and retail tenants. The Narcoossee Retail Center, developed by Reich Properties Inc. at 865 N. Narcoossee Road in St. Cloud, will have two urgent care centers as tenants for its planned 10,800-square-foot second phase. A building that size may […]

Predicting the Housing Market and Economic Health

  The next recession is likely to be triggered by monetary and trade policy according to experts surveyed by Zillow, and that could happen as early as 2020. Through its 2018 Q2 Zillow Home Price Survey, the real estate engine asked more than 100 real estate experts and economists about their predictions for the #housing market as […]

A Record-breaking Month for the Housing Market

April was a quick selling month for the #housing market, according to Redfin. #Homes sold faster during the month than any other month Redfin has recorded since 2010, with homes staying on the market for just 36 days on average. This is six days faster than April of 2017. Homes were more expensive as well, with […]

UCF plans to move its Research Park nursing school

  The University of Central Florida’s College of Nursing has outgrown its current location in Research Park and the school wants to build it a new home in #Lake Nona. #UCF faculty members are seeking approval on May 24 for a concept that will lead to a potential operating lease arrangement for a future Health […]

The Impact of Supply Shortage on Luxury Housing

      The supply shortage of #homes is not limited to the median home only. The first quarter of 2018 saw the #luxury #housing market also feeling the heat of inventory shortage as prices for high-end homes saw the strongest appreciation in four years, according to a report on the luxury housing market by Redfin. […]

KPMG’s new $430M Lake Nona training complex

      New York-based KPMG LLP, one of the world’s Big 4 accounting firms, will implement lots of useful technology for its employees at its new $430 million,  55-acre training facility in Lake Nona that will feature 800 guest rooms for the thousands of out-of-town employees who will come to town each year. For example, one […]

USTA National Campus to expand

The U.S. Tennis Association National Campus revealed that it wants to score more land for a future expansion to its 64-acre Lake Nona campus. The $100 million campus, the largest tennis training center in the nation, wants to acquire adjacent land from #Lake Nona developer Tavistock Development Co. LLC, Kurt Kamperman, the #USTA’s chief executive for community tennis and the campus, told #Orlando […]