ES Residential Properties, LLC

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Airbnb - Part 5
11/17/2022

Airbnb - Part 5

Now that Airbnb has become increasingly discredited for charging exorbitant additional fees and only displaying a “bait and switch” price per night, the company feels compelled to respond. The biggest points of criticism are, on the one hand, the way the prices are displayed, the algorithm only ...

Weekly news
09/09/2022

Weekly news

(Source: Orlando Business Journal Vol. 39, no. 10) Mooyah Burgers: After the first Moojah Burger restaurant opened in 2020, new locations are now being sought. There will be another 3 restaurants, the next one on U.S. Highway 441 at Mount Dora. Each site requires between 20 and 30 workers and build-...

Weekly news
09/03/2022

Weekly news

(Source: Orlando Business Journal Vol. 39; No. 8) Serious Simulations: A local company called Serious Simulations just won a contract worth $2.8 million with the US Army for their product of simulated hand grenades. It is a simulated detonation and the receiver tells you if the target was killed or....

Brevard County - Part 2
08/30/2022

Brevard County - Part 2

(Source: Orlando Business Journal Vol. 39, No. 5) Rockledge: A builder from Canada is planning 226 townhomes and 190 single-family homes in Rockledge. The space industry has not only increased wages but of course house prices as well. The median price for a single-family home was $390,000 last year....

Brevard County - Part 1
08/27/2022

Brevard County - Part 1

(Source: Orlando Business Journal Vol. 39, No. 5) Innovation Park: A new innovation park is being built on Florida’s Space Coast. It is phase 1 that will include nine buildings and nearly 1 million square feet of industrial space. This project is planned next to Space Coast Regional Airport in Tit...

Injunction filed against rent control in Orange County
08/25/2022

Injunction filed against rent control in Orange County

Injunction filed against rent control in Orange County Just as I have always said, the big apartment complexes will not let their butter be stolen from their bread by the commissioners pronouncing a rent control order that clearly goes against state laws. These big conglomerates invest hundreds of m...

Weekly news
08/21/2022

Weekly news

(Source: Orlando Business Journal Vol. 39, No. 7) New skyscrapers in downtown Orlando: A 391-foot-tall skyscraper is planned for downtown Orlando. The building is a mixed-use project and will include 544 apartments, as well as office and retail space. The projected construction cost is expected to b...

Weekly news
08/20/2022

Weekly news

(Source: Orlando Business Journal Vol. 39, No. 6) Orlando City Soccer: Major League Soccer purchased a half-acre property adjacent to their downtown stadium. There are currently no definite plans as to what will happen to the property. The purchase price was $3.45 million and there is currently a ch...

Weekly news
08/19/2022

Weekly news

(Source: Orlando Business Journal: Vol. 39, No. 5) Multi-family: In the first two quarters of 2022, 12 transactions closed in Orange County with a sales price of over $100 million. 10 of these transactions were multi-family properties. When I look at the per door price, I just wonder how one can sti...

Weekly news
08/18/2022

Weekly news

(Source: Orlando Business Journal Vol. 39, No. 4) Canceled home sales: Orlando is on the list of the 10 cities with the most canceled home sales in the country. We rank 8th with 24.8% of canceled sales. This definitely shows that the real estate market is shifting! Winter Park: NBA superstar Steph C...

General housing market - Part 2
08/16/2022

General housing market - Part 2

(Source: Orlando Business Journal Vol. 39, No. 6, p. 14) Luxury properties: If you look at the numbers for the luxury real estate market, you can easily see that it fluctuates a lot. For me, this simply indicates that there are not enough transactions – aka sales – in this niche market. Days on ...

General housing market - Part 1
08/14/2022

General housing market - Part 1

(Source: Orlando Business Journal Vol. 39, No. 6, p. 13) Although a market correction is now noticeable, it turns out to be extremely small when you look more closely at the numbers. Yes, while it may be true that fewer homes were sold in June 2022 than in June of last year (down from 4,183 […]

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