Recent News
2022 Fast 50 profiles: How these fastest-growing Orlando companies are facilitating more growth
By Anjali Fluker and Denise Hicks – Orlando Business Journal Sep 13, 2022 Orlando Business Journal is honoring Central Florida's 2022 Fast 50, our annual list recognizes 50 of fastest-growing private companies in Central Florida. These companies are headquartered...
Temperature check: A deep dive into Orlando’s cooling housing market as it hits an ‘inflection point’
After historic run, here’s where Orlando’s cooling housing market is headed next. By Alex Soderstrom – OBJ Staff Writer & Orlando Inno Reporter, Orlando Business Journal Aug 4, 2022 For the first time in a couple of years, KeAusha Jordan is knocking on doors...
Disney Lake Nona relocation delay won’t halt California homebuyers, Realtors say
By Alex Soderstrom and Richard Bilbao – Orlando Business Journal Jun 20, 2022 The Disney employees who already bought Orlando homes will have to wait longer for the office to follow them. The Walt Disney Co. (NYSE: DIS) is pushing back its plans to move 2,000...
Orlando housing market slowed in June, giving house hunters some relief
By Alex Soderstrom – OBJ Staff Writer & Orlando Inno Reporter, Orlando Business Journal Jul 18, 2022 Stop me if you've heard this one before: Home prices hit a new record high in metro Orlando. Despite a decline in home sales and a jump in inventory, local home...
More Orlando home sellers are cutting prices than any point since 2019
By Alex Soderstrom – OBJ Staff Writer & Orlando Inno Reporter, Orlando Business Journal Jul 6, 2022 More Orlando sellers cut their listing prices last month than at any point since at least 2018, signaling a shift from the whatever-it-takes housing market faced...
Orlando Parade of Homes’ winning mansion fetches highest Lake Nona-area price tag in a decade
By Alex Soderstrom – OBJ Staff Writer & Orlando Inno Reporter, Orlando Business Journal Jun 20, 2022, Updated Jun 21, 2022, When a couple from New York saw the virtual 3D home tour of the house at 13337 Kirby Smith Road in Orlando's Lake Nona area, they fell in...
Orlando home prices shoot up, but most economists say housing market is not a bubble. Here’s why.
By Alex Soderstrom – OBJ Staff Writer & Orlando Inno Reporter, Orlando Business Journal Jun 8, 2022 The last red-hot U.S. housing market resulted in a popped bubble that contributed to the Great Recession, but economists don’t expect a similar outcome even...
How do rising interest rates affect mortgages and the Orlando housing market?
By Alex Soderstrom – OBJ Staff Writer & Orlando Inno Reporter, Orlando Business Journal May 23, 2022 Updated May 23, 2022, 1:12pm EDT A few months ago — thanks to the frenzied housing market activity resulting in homes quickly disappearing off the market —...
Lake Nona’s priciest home listing is a sprawling golf course estate perfect for a pro athlete
By Alex Soderstrom – OBJ Staff Writer & Orlando Inno Reporter, Orlando Business Journal May 20, 2022 Deanna Armel knows who she’s looking for. The broker and owner of Kissimmee-based Armel Real Estate Inc. on May 19 listed a $7 million Lake Nona home — the...
Orlando home sellers want to spend more time in their house after a sale. Here’s why.
By Alex Soderstrom – OBJ Staff Writer & Orlando Inno Reporter, Orlando Business Journal Apr 11, 2022 Despite the ability to make a nice profit, one question keeps many homeowners from putting their houses up for sale: Where will they move? While metro...
Orlando Realtors and homebuyers waive contingencies to win cutthroat bidding wars
By Alex Soderstrom – OBJ Staff Writer & Orlando Inno Reporter, Orlando Business Journal Mar 11, 2022 In her 15-year Realtor career, Deanna Armel only twice has waived a financing contingency while putting in an offer on a home. Both times were in the...
Luxurious Reunion vacation villa sets Osceola County home record in sale (PHOTOS)
By Alex Soderstrom – OBJ Staff Writer & Orlando Inno Reporter, Orlando Business Journal Mar 4, 2022 Updated Mar 10, 2022, A massive vacation home with 15 bedrooms has sold for $11.7 million, setting a record for an Osceola County home sale. The sale of Villa...
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