Lake Nona Fireworks

Best Orlando 4th of July Fireworks Shows and Events Guide 2016

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The Orlando area has at least 17 Independence Day 4th of July Shows taking place in 2016 between the cities that make up Metro-Orlando and the fireworks shows happening at the theme parks. This is our guide to Orlando’s Best 4th of July Fireworks Shows and Events in 2016.

Red Hot & Boom on July 3rd, 2016

Red Hot and Boom is Orlando’s most popular Fireworks Show that takes place on July 3rd each year in Altamonte Springs at Crane’s Roost Park. Live bands sponsored by Top 40 radio station XL 106.7 play at the amphitheater leading up to the 25 minute fireworks show. Over 100,000 people typically attend the event annually. The Fireworks begin at 9:30pm.

Dallas Real Estate

Click Here to read our story on Red Hot and Boom.

Disney World Fireworks

The Magic Kingdom celebrates the 4th of July with a fireworks show on both July 3rd and July 4th. Fireworks at the Magic Kingdom begin at 9 pm with patriotic music. Epcot add’s a special 4th of July tribute to Illuminations at 10pm.

Click Here to read our story on celebrating the 4th of July at Disney World.

Click Here to read our article on all events happening on July 3rd in Orlando.

Winter Park 4th of July Daytime Events

Winter Park hosts their annual Watermelon 5k on Park Avenue during the morning of July 4th and an annual Independence Day Celebration with activities, musical performances, and free admission to the Morse Museum during the day.

Click Here for more information about the 5k race and here for the Winter Park celebration in Central Park.

Downtown Orlando and Downtown Sanford 4th of July Fireworks

The two biggest fireworks shows on the 4th of July in Orlando happen in Downtown Orlando with the fireworks blasting over the signature Lake Eola Fountain http://weknoworlando.com in Lake Eola Park and at Downtown Sanford over Lake Monroe. Over 100,000 spectators are expected at each of these events. The Downtown Orlando Fireworks start around 9:10pm with the Sanford Fireworks starting at 9:15pm.

Click Here for more information about the Downtown Orlando fireworks and here for the fireworks in Sanford.

Orlando Fireworks Shows

There are many other fireworks shows happening on the 4th of July to check out including Fireworks in Celebration, St Cloud,Kissimmee, and Haines City that you can find more about here.

Other fireworks shows can be found in Winter Garden, Avalon Park, Mount Dora, Oviedo, and Winter Springs.

SeaWorld Orlando will be including a patriotic finale to it’s fireworks show on the 4th of July and Universal Studios will be showing their Cinematic Spectacular.

FourthOfJulyOrlando.com

Click Here to visit our ultimate guide to spending the 4th of July around Orlando complete with videos of the fireworks from all of the major firework shows in the city and a bird’s eye view map of the firework spot locations at FourthOfJulyOrlando.com.

Happy 4th of July Orlando!

 

Water Polo Lake Nona

Kensey Clinch of Lake Nona polo

Kensey Clinch, , Sr.

Notable: Clinch, of Lake Nona High School who was also the area player of the year as a junior, scored 102 goals and led the Lions to a record-setting 28-1 season. That capped a career in which she was a key player LONDON, ENGLAND - JULY 30: Kate Gynther of Australia is challenged by Giulia Enrica Emmolo of Italy during the Women's Water Polo Preliminary match between Italy and Australia on Day 3 of the London 2012 Olympic Games at Water Polo Arena on July 30, 2012 in London, England. (Photo by Stu Forster/Getty Images)for four consecutive Lake Nona district title teams.

“She was a dominant all-around player and she was often triple-teamed,” said Lake Nona coach Alex Bennett. “Even in the state championship semifinal she was covered by three girls.”

Lake Nona http://WeKnowNona.com was 28-0 until it lost the final four game 8-3 to Miami Ransom Everglades, which went on to defeat Olympia to win the state championship.

“We were hoping to win the state championship this year, and that didn’t happen,” Clinch said. “But it’s much bigger than that is the way I look at it. Everything I accomplished, and the people I met and the relationships formed. … that’s all more of a win for me. It was a great season. I wouldn’t change it.”

Clinch signed with Mercyhurst University (Pa.), where she will play water polo alongside her older sister, Jena, for one season.

 

Orlando rallies for dramatic 3-2 win over Toronto FC

Owning Real Estate in Lake Nona offers great ammenities.  Orlando City Soccer is only minutes away on highway 528…  Read some of the latest news below.

Everyone was thinking it: Not again.

Orlando City let a 2-1 lead slip away in the 90th minute, and was preparing to add yet another draw to its record.

But, as usual, stoppage time means excitement at Camping World Stadium. Júlio Baptista drew a penalty when he was dragged down in the box, setting up a Kaká penalty kick in the 100th minute of play.

The captain, returning to the field for the first time in weeks, rifled the ball into the crossbar and it bounced down into the net to give Orlando City (4-3-8, 20 points) a 3-2 victory over Toronto FC (5-6-4, 19 points) Saturday night.

“I just wanted that so bad,” said Kaká, who returned from a thigh injury. “My last PK, I missed it, and I just wanted it so bad, and so I kicked so strong, and when it hit the post I thought, ‘Again? No.’ And the ball came back, and so my heart skipped.”

Orlando City goalkeeper Joe Bendik said he and defenders Tommy Redding and David Mateos watched Kaká take the kick from the opposite end of the field and at first thought he missed.

“David kept saying, ‘I need this for my family,’“ Bendik said. “So, it was huge for us.”

The penalty kick capped an action-packed final 17 minutes in which there were three goals and a red card, handed to Toronto’s Josh Williams for foul and abusive language after arguing with the official about the penalty call.

Toronto also lost starting goalkeeper Clint Irwin to injury in the 70th minute, and were forced to sub on backup Alex Bono.

The game was tied 1-1 at that point. Orlando City midfielder Adrian Winter brought the announced crowd of 27,818 people to their feet when he netted a header in the 83rd minute as a Toronto defender knocked him off his feet, giving Winter three goals this season and putting the Lions up 2-1.

Midfielder Kevin Molino was credited with the assist, his second of the night. Bono leapt for a ball at the feet of Kevin Alston and mistakenly kept it in bounds, where Molino was able to cross it to Winter for the go-ahead goal.

Shortly after, defensive midfielder Servando Carrasco subbed on for Molino in an attempt to maintain the lead.

TFC’s Justin Morrow spoiled that plan, netting the equalizer in the 90th minute off a cross from reigning MLS MVP Sebastian Giovinco.

“Once again, we’ve left it late, but we got a result I thought we deserved,” Orlando City coach Adrian Heath said. “Maybe we might have been fortunate with the penalty. Certainly his arms were around Júlio, but you normally don’t get them, so we might have had a little bit of luck, but we’ve certainly earned that one.”

Orlando City came out aggressive on the attack from the very first minute. Kaká, Molino and Winter were playing well off each other and creating dangerous looks at goal. Forward Cyle Larin netted his eighth goal of the year when Molino tapped the ball forward to him at the far post in the fifth minute of play.

The Lions maintained a 1-0 lead until Jordan Hamilton was left wide open to equalize in the 47th minute.

When Kaká was asked by reporters in Spanish about the suspense at the end of the game with Orlando City and TFC tied 2-2 in stoppage time, he replied, “Madre mia,” an expression that roughly translates to, “Oh my” in English.

He laughed and added, “I can tell you my heart is good.”

 

268,000 U.S. Homeowners Regained Positive Equity in Q1

According to Irvine, Ca-based CoreLogic, 268,000 U.S. homeowners regained positive equity in Q1 2016, bringing the total number of mortgaged residential properties with equity at the end of Q1 2016 to approximately 46.7 million, or 92 percent of all mortgaged properties. Nationwide, home equity increased year over year by $762 billion in Q1 2016.

The total number of mortgaged residential properties with negative equity stood at 4 million, or 8 percent of all homes with a mortgage, in Q1 2016. This is a decrease of 6.2 percent quarter over quarter from 4.3 million homes, or 8.5 percent, in Q4 2015 and a decrease of 21.5 percent year over year from 5.1 million homes, or 10.3 percent, compared with Q1 2015.

Negative equity, often referred to as “underwater” or “upside down,” applies to borrowers who owe more on their mortgages than their homes are worth. Negative equity can occur because of a decline in home value, an increase in mortgage debt or a combination of both.

For the homes in negative equity status, the national aggregate value of negative equity was $299.5 billion at the end of Q1 2016, falling approximately $11.8 billion, or 3.8 percent, from $311.3 billion in Q4 2015. On a year-over-year basis, the value of negative equity declined overall from $340 billion in Q1 2015, representing a decrease of 11.8 percent in 12 months.

Of the more than 50 million homes with a mortgage, approximately 9.1 million, or 18 percent, have less than 20 percent equity (referred to as “under-equitied”) and 1.1 million, or 2.2 percent, have less than 5 percent equity (referred to as near-negative equity). Borrowers who are under-equitied may have a difficult time refinancing their existing homes or obtaining new financing to sell and buy another home due to underwriting constraints. Borrowers with near-negative equity are considered at risk of moving into negative equity if home prices fall.

“In just the last four years, equity for homeowners with a mortgage has nearly doubled to $6.9 trillion,” said Frank Nothaft, chief economist for CoreLogic. “The rapid increase in home equity reflects the improvement in home prices, dwindling distressed borrowers and increased principal repayment. These are all positive factors that will provide support to both household balance sheets and the overall economy.”

“More than 1 million homeowners have escaped the negative equity trap over the past year. We expect this positive trend to continue over the balance of 2016 and into next year as home prices continue to rise,” said Anand Nallathambi, president and CEO of CoreLogic. “Nationally, the CoreLogic Home Price Index was up 5.5 percent year over year through the first quarter. If home values rise another 5 percent uniformly across the U.S., the number of underwater borrowers will fall by another one million during the next year.”

U.S. market highlights as of Q1 2016:

  • Nevada had the highest percentage of homes in negative equity at 17.5 percent, followed by Florida (15 percent), Illinois (14.4 percent), Rhode Island (13.3 percent) and Maryland (12.9 percent). Combined, these top five states account for 30.2 percent of negative equity in the U.S., but only 16.5 percent of outstanding mortgages.
  • Texas had the highest percentage of homes with positive equity at 98.1 percent, followed by Alaska (97.8 percent), Hawaii (97.8 percent), Colorado (97.5 percent) and Washington (97.2 percent).
  • Of the 10 largest metropolitan areas by population, Las Vegas-Henderson-Paradise, NV had the highest percentage of homes in negative equity at 19.9 percent, followed by Miami-Miami Beach-Kendall, FL (19.6 percent), Chicago-Naperville-Arlington Heights, IL (16.7 percent), Washington-Arlington-Alexandria, DC-VA-MD-WV (10.9 percent) and New York-Jersey City-White Plains, NY-NJ (6 percent).
  • Of the same 10 largest metropolitan areas, San Francisco-Redwood City-South San Francisco, CA had the highest percentage of homes in a positive equity position at 99.4 percent, followed by Houston-The Woodlands-Sugar Land, TX (98.3 percent), Denver-Aurora-Lakewood, CO (98.3 percent), Los Angeles-Long Beach-Glendale, CA (96.1 percent) and Boston, MA (94.3 percent).
  • Of the total $299.5 billion in negative equity nationally, first liens without home equity loans accounted for $166 billion, or 55 percent, in aggregate negative equity, while first liens with home equity loans accounted for $134 billion, or 54 percent.
  • Among underwater borrowers, approximately 2.4 million hold first liens without home equity loans. The average mortgage balance for this group of borrowers is $244,000 and the average underwater amount is $68,000.
  • Approximately 1.6 million of all underwater borrowers hold both first and second liens. The average mortgage balance for this group of borrowers is $307,000 and the average underwater amount is $84,000.
  • The bulk of positive equity for mortgaged residential properties is concentrated at the high end of the housing market. For example, 95 percent of homes valued at $200,000 or more have equity compared with 87 percent of homes valued at less than $200,000.

Lake Nona Realtors – Maycumber and Associates

Source: www.worldpropertyjournal.com

Nemours, Andrews Institute become official USTA medical providers in Lake Nona – Orlando Sentinel

Nemours Children’s Health System and an internationally recognized orthopedic institute will be the official medical providers of the United States Tennis Association’s campus in Lake Nona, they announced on Thursday.

Andrews Institute for Orthopaedics & Sports Medicine, located in Gulf Breeze, and Nemours will provide the USTA with a team physician, sports nutritionists and athletic trainers year-round.

They will be responsible for medical services and care of visiting athletes, coaches, staff and spectators.

The partnership gives Nemours and Andrews prominent exposure in the 64-acre facility, officials said. A 16-court Nemours/Andrews Family Tennis Zone will also be created with smaller courts for beginners.

USTA officials said that they spoke with several health systems in the region, but the Nemours/Andrews partnership was the best fit.

“The idea of having a pediatric facility nearby combined with world-class institutes and the shared commitment of overall wellness for kids, all the boxes got checked,” said Lew Sherr, chief revenue officer at USTA.

Nemours and Andrews Institute have worked together before in North Florida, but this is their first official partnership.

Andrews Institute, which is part of Baptist in Pensacola, has more than 40 physicians and experts in orthopedics, sports medicine, joint care and neurosurgery. Nemours has one of the largest pediatric orthopedic practices in the United States.

Both will have staff on campus.

“We’re certainly going to be on call for USTA all the time,” said Dr. Sarah Gibson, a pediatric sports medicine physician at Nemours who completed her fellowship at Harvard and a tennis player. “We’re going to have an open line of communication with the staff and we’re always available to them.”

Dubbed the Home of American Tennis, USTA’s National Campus has 102 lighted tennis courts, making it one of the largest tennis facilities in the world.

The campus will be the headquarters for USTA’s Community Tennis and Player Development area, which features 22 courts and a player lodge that can house 40 players.

It will also be the home of UCF men’s and women’s varsity tennis program and will host the 2017 USTA/ITA National Intercollegiate Championships.

The campus is expected to host as many as 70 tournaments and events in 2017 with nearly 30,000 participants and as many as 100,000 attendees.

The Nemours/Andrews team will address acute injuries and rehabilitation, but also focus on injury prevention and athletic performance enhancement.

“The goal is to prevent injuries and recognize them early,” said Dr. James Andrews, founding partner of the Andrews Institute and world-renowned for his research in the field.

It will also serve as a lab of sorts for research on tennis injuries and prevention efforts, “so that we can make tennis even safer,” said Andrews.

Nemours, Andrews and USTA said they’re planning to develop programming to reach out to the community and give local kids access to activities, training and lifestyle education.

The USTA broke ground in Lake Nona in April 2015 and is expected to open the National Campus in December, with the first tournament scheduled for January.

The campus is open to the public.

USTA

 

Orlando in the top ten Real Estate Investments Hot Spots

New, healthy housing markets are emerging in the midst of continued improvement in the job market. Which markets present the most opportunity for ?

HomeVestors and  recently identified the ten best markets for real estate investors for the first quarter of 2016 based on cities with increased job opportunities in the last year. The report showed that the overall national average increase was 1.9 percent.

At the top of the list for investors is the Dallas-Plano-Irving, Texas metro area, San Antonio, Texas came in second , and Grand Rapids-Wyoming, Michigan took third, but their numbers were strong, according to the data. Wrapping up the top five best cities for real estate investors are Orlando, Florida follows and Atlanta-Sandy Springs-Marietta, Georgia.

“Good job growth is driving prices higher in our markets, mainly in business services but also tourism (Orlando, San Antonio), finance (Charlotte, Dallas) and manufacturing (Grand Rapids),” said Ingo Winzer, President and Founder of Local Market Monitor.

HomeVestors and the Local Market Monitor also based the ranking on markets that will be good rental markets and where home prices are likely to rise at an increased rate over the next few years. Other important criteria considered includes markets where:

  • the population has been growing at above-average rates with growth coming from people moving there in search of jobs;
  • the current rate of job growth of two percent or better; and
  • there is low unemployment, so that new jobs will be filled by people who move there, not by unemployed people who are already there.

Although home prices have recovered in Texas, California, and Florida, the report predicts that some markets in these states will be over-priced in another year and could potentially endure the risk of a boom and bust down later.

“Over the last year, we have seen an increase in population and job growth,” said David Hicks, HomeVestors Co-President. “However, housing prices are increasing significantly faster than incomes. As a result, home sales are slowing, limiting the housing demand. Therefore, investors need to be careful where and when they invest.”

Winzer agreed, “Prices are still at or below the income price—and a couple of years away from being too high. Yesterday’s opportunity becomes today’s risk once prices move higher than they should. This is especially true for investors in rental properties and especially now that the deep discounts at which properties could be bought have largely disappeared.”

Ken Channell, Co-president of HomeVestors said, “Investors always need to think hard, but in this environment they also can’t afford to think too long.”

HomeVestors and Local Market Monitor ‘s first-quarter 2016 top 10 markets for real estate investing:

1. Dallas-Plano-Irving, Texas
2. San Antonio, Texas
3. Grand Rapids-Wyoming, Michigan
4. Orlando, Florida
5. Atlanta-Sandy Springs-Marietta, Georgia
6. Charlotte-Gastonia-Concord, North Carolina
7. Salt Lake City, Utah
8. Nashville-Davidson-Murfreesboro, Tennessee
9. Tampa-St. Petersburg-Clearwater, Florida
10. Phoenix-Mesa-Scottsdale, Arizona

Click here to view the full report.

 

 

It’s a sellers market – Price hikes mark start of peak home sales season

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pushed up 5 percent in March from February as the peak buying season started with fewer affordable options for home buyers.

The median home price for the core Orlando market, which is mostly Orange and Seminole counties, was $195,000 in March. During the last year, prices jumped 10 percent and wages grew about 1 percent, according to a new report by Orlando Regional Realtor Association.

For Orlando buyers in March, the bad news was that prices hiked and for-sale signs disappeared. The good news for them was that interest rates, which were already relatively low, edged down further to an average 3.7 percent for a 30-year mortgage.

The real estate group blamed the relatively scant offerings for driving down the sales volume in March to 3,022, a decrease of 3.5 percent from a year ago but up from the traditionally slow month of February.

“Like much of the country, Orlando home sales are being impacted by a lack of inventory rather than a lack of buyers,” says , president of the real estate industry group and agent for Colony Realty Group Inc.

Since last summer, buyers have chipped away at Central Florida’s inventory of homes on the market. Even with sellers adding more houses to the pool of listings, the overall supply has consistently winnowed.

Since the beginning of the year, the supply has dwindled from 5 months to just 3.5 months — almost half of the 6-month supply that marks a balanced market.

For buyers interested in traditional homes instead of distressed sales, the supply in March was about a third of what is considered an equal balance between buyers and sellers. Houses lasted 70 days on the market before landing a contract, down from 80 days a year ago — another sign that buyers are feeling the pressure as they enter the peak purchase season.

In addition, March buyers had less room to negotiate — final sales prices were just 97.1 percent of the asking price. That is even less wiggle room than buyers had a year ago when that gap was 96.8 percent.

Not only are buyers faced with fewer houses to consider, they also struggle to find purchase opportunities as rising prices outpace wage increases.

The real estate industry measures affordability for a defined set of first-time buyers. A year ago, Orlando-area wages for that group were 26 percent higher than needed to qualify for a typical starter house. In March, though, their wages were just 17 percent more than necessary to get into an entry-level house, the real estate group reported.

mshanklin@tribune.com or 407-420-5538

Key numbers

•10%: Rise in prices from March 2015 to March 2016

•3.7%: Average interest rate for a 30-year mortgage during March

•70: Days on the market for the average listing, down from 80 a year earlier.

 

Orlando’s third Ronald McDonald House announces opening date – Orlando Sentinel

ronald house

Orlando’s third , perched beside Nemours Children’s Hospital in , is set to open on May 20.

The 15-room home-away-from-home for families with sick children mimics Nemours’ contemporary architecture. And although it deviates from the cottage style of the other two homes near Arnold Palmer Hospital of Children and Florida Hospital for Children, the symbolic soft yellow hue is still present on its exterior.

As of early April, the structure was about 75 percent finished, and Chad Monroe of DPR Construction was optimistic that the House would be ready on time.

The rooms for families are simple and spacious. A small wall draws a line between the bedroom and sitting area to create a home-like feel.

“The cleaner, the better,” said LouAnn DeVoogd, president of Ronald McDonald House Charities of Central Florida.

The kitchen and common areas are surrounded by large windows and lead to a vast playground. There is also a LEGO-themed indoors kids’ play area.

Unique to the house is art donated by local artists. The artists were picked by donors who have underwritten each of the House’s 15 bedrooms.

The House occupies 21,000-square-feet on 0.8 acres of land, with room to grow to 40 bedrooms in the future.

Together, the three Roland McDonald Houses in Orlando will have 99 rooms, making Orlando the sixth U.S. city with three Ronald McDonald Houses.

Companies donating services to the House include SchenkelShultz Architecture, DPR Construction, TLC Engineering, BBM Structural Engineers Inc., Ramski & Company Interior Design and Vanasse Hangen Brustlin Inc.

“There’s something special about this… it’s just bigger than the project,” said Monroe of DPR.

 

 

Orlando among top 10 hottest single-family markets this spring – Orlando Business Journal

Looks like Orlando is going to be hot this spring — for home sales, that is.

A new report from Ten-X, an online real estate marketplace, shows that Orlando is the sixth-hottest housing market in the U.S. this spring. The top five, in ranked order, include Seattle; Portland, Ore.; Nashville, Tenn.; Palm Beach County, Fla.; and Fort Lauderdale.

“We’re continuing to see a return to fundamentals driving the housing market, as cities with above-average population growth and job creation are recovering much more rapidly,” said Ten-X Executive Vice President Rick Sharga. “The solid tech sector has helped cities like Seattle and Portland maintain strong economic growth, which in turn has helped fuel the housing market, and the Florida housing market continues its post-recession recovery with South and Central Florida cities experiencing explosive growth.”

Tampa also made the top 50, coming in at No. 11. Miami ranked No. 19 and Jacksonville No. 31.

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Curated from Orlando among top 10 hottest single-family markets this spring – Orlando Business Journal