Subscribe to Florida Trend

NAVIGATION

August 14, 2018
How Disney put its magic touch on real estate

Photo: Disney

Golden Oak housing development in Walt Disney World, Orlando, was named after a ranch in California which was used as a holiday home by Walt himself.

Florida Trend Real Estate

How Disney put its magic touch on real estate

| 4/16/2018

How Disney put its magic touch on real estate

Disney isn’t renowned for pioneering in real estate development but this has actually been at the heart of its parks and resorts strategy for decades. The company’s founder, Walt Disney, was so fascinated by urban development that he planned and designed EPCOT - originally called the Experimental Prototype Community of Tomorrow. Today, opulent hotels, golf courses and luxury housing developments such as Golden Oak are inside the Walt Disney World Resort in Orlando. [Source: Forbes]

The head of the Miami-based home building giant Lennar is stepping down after 21 years

Stuart Miller, who served as CEO of Miami-based Lennar Corp., one of the largest home builder in the U.S., is stepping down from the post after 21 years. The announcement came after a vote by Lennar's board of directors on Thursday. [Source: Miami Herald]

Even in a seller’s market, staging a home can help sell it faster

April is Florida’s prime selling month, so if you’re putting your home on the market consider this: Cleaning and decluttering can improve the looks of a house but sometimes it takes more than that to really wow buyers. That’s where Liliana Warr comes in. Warr is a professional home stager who helps transform blah-looking houses into ones that stand out and, ideally, sell faster. [Source: TBO.com]

African-American realtors create iPhone app to showcase luxury real estate in South Florida

The Live Exclusively iPhone app offers a curated collection of new and pre-construction luxury real estate developments throughout South Florida priced above $1 million. Live Exclusively provides direct access to information including floorplans, videos, imagery and exclusive events and alerts. [Source: Insight News]

What's the wealthiest ZIP Code in the U.S.? Hint: It's in South Florida

Bye-bye, Beverly Hills. Step aside, Silicon Valley. According to a new report by Bloomberg, the richest ZIP Code in the U.S. is 33109 — aka the super-exclusive enclave of Fisher Island — where the average income in 2015 was $2.5 million. [Source: Miami Herald]

STAT OF THE WEEK
5.1 million
Data shows Florida has 5.1 million single-family homes with an average estimated value of more than $284,000. [Source: Florida Business Daily]

ALSO TRENDING:

› Northeast Leon County residents protest high density housing ahead of rezoning vote
A potential zoning change pending before the Leon County Commission has got Northeast residents angry. Leon County like much of Florida is experiencing a housing boom, and much of that new development is occurring in the Northeast. But area residents are expressing concern about the high density communities coming online in areas that were previously green spaces.

› 8,000 inquire about 201 apartments as Central Florida officials seek affordable housing options
. The number of applicants for the new development near Camping World Stadium underscores Orlando’s ranking as one of the country’s toughest housing markets for the lowest-income renters, reported the National Low Income Housing Coalition.

› Foreclosures on the rise in Southwest Florida
Foreclosure activity picked up in Southwest Florida during the first quarter of 2018, another sign that some homeowners are still dealing with the aftermath of last year’s hurricane season. But foreclosures remain well below last year’s levels, staying at what analysts consider a normal volume.

› Sales, price growth for NE Florida homes remain steady
Home sales in Northeast Florida perked up in March after a slow start to the year while prices also increased, according to the latest report from the Northeast Florida Association of Realtors. For the region, closed sales ended the month at 2,389 units, up from 1,894 in February and 1,610 in January, although down 9.4 percent from March 2017′s 2,636 sales.

Tags: Real Estate eNews

Previous Real Estate Updates:

Digital Access

DIRECT DIGITAL ACCESS
Add digital to your current subscription, purchase a single digital issue, or start a new subscription to Florida Trend.

TABLE OF CONTENTS
An overview of the features and articles in this month's issue of Florida Trend.

ACCESS THIS ISSUE »

Real Estate Video Pick

The Majesty building in Altamonte Springs has been under construction since 2001.
The Majesty building in Altamonte Springs has been under construction since 2001.

Could construction on the Majesty building in Altamonte Springs be done soon?

Real Estate Videos | Viewpoints@FloridaTrend

Ballot Box

Have you encountered either the toxic algae or the red tide plaguing Florida this summer?

  • Yes, both, and it's horrible
  • Yes, the algae
  • Yes, red tide
  • No, luckily

See Results

Ballot Box
Subscribe