Brent's Blog / BFerryHomes.com / Theme Park News, Orlando News, Real Estate News


I am excited to announce the resumption of new construction sales in the popular Compass Bay Townhome Community!

Following a several year hiatus during the market downturn, KB Home has resumed construction and new home sales in the Compass Bay community in Kissimmee.

Few communities can boast the convenience in location as Compass Bay.  Located off of Poinciana Blvd. across from the Fantasy Surf attraction seconds to Hwy. 192, Osceola Parkway, and 535, and just minutes to 417, I-4, Celebration, Lake Buena Vista, and Disney.

The community features a gated entrance, pool, playground, and pondside gazebo with a low HOA of just $365 per quarter including lawn maintenance.

Use a residence, second home, long or short term rental!

2 all new townhome floor plans have been introduced.  4 previous townhome  collections representing 16 distinct plans are discontinued and available via resale only.

The new designs offer spacious living and a return to an attached 1 car garage.  For the first time ever in the community, a private splash pool option will be available.  From flooring to cabinets, appliances and more, Buyers will also be able to enjoy interior customization through the KB Home Design Studio.

Both plans feature a kitchen with great room and half bath downstairs, and bedrooms plus 2nd floor laundry upstairs.

Plan 1598
2 stories / 1,598 sq. ft. / 3 bedrooms / 3.5 bathrooms



Plan 1700
2 stories / 1,700 sq. ft. / 4 bedrooms / 3.5 bathrooms



Debut pricing is from $224,900 and $234,900 respectively.  Financing is available.

To celebrate the reopening, I am offering Buyers a special incentive which you will find only right here.  When you register with and buy a new construction townhome at Compass Bay through me, receive 2 years paid HOA plus $1,500 offsetting property tax payment on your closing statement or as an after closing rebate check.  Contact me now for details and to become eligible for these rebates.

Models are currently under construction.  Sales officially begin on Monday after Easter.  A Grand Opening will be held at a later date.  But you can buy right now through me.  Contact me today to reserve your lot and get the 2 years paid HOA plus $1,500 rebates.

Compass Bay Townhome Sales
Brent Ferry, REALTOR
Global Real Estate Services, Inc.
info@bferryhomes.com
407-506-7857


Posted by Brent Ferry on April 17th, 2014 12:04 AMPost a Comment (0)

Freddie Mac: Fla. most-improved state in past year

McLEAN, Va. – March 28, 2014 – Freddie Mac released its first-ever Multi-Indicator Market Index (MiMi), a new tool that monitors and measures the stability of the nation’s housing market.

MiMi strives to calculate a range of equilibrium for each single-family housing market covered; it will be released monthly. Freddie Mac says the goal is for MiMi to show, at a glance, where each housing market stands relative to its own stable range – how close it is to “normal” – and how its trending.

According to the inaugural edition of MiMi, Florida showed the most improvement month-to-month in January, up 0.11 points. It’s followed by Tennessee (up 0.11), Michigan (up 0.09), Louisiana (up 0.07), Nevada (up 0.07), and Texas (up 0.07).

The Sunshine State also showed the most improvement year-to-year rising 2.12 points. It’s followed by, Nevada (up 1.84), California (up 1.26), Texas (up 1.06) and D.C. (up 1.05).

When Freddie Mac analyzed metro areas by level of improvement, Florida cities also did well with two of the top five spots month-to-month and three of the top five spots year-to-year. By month, Miami led (up 0.11), followed by Detroit (up 0.10), Orlando (up 0.09), San Antonio (up 0.09) and Chicago (+0.08).

Year-to-year, Miami improved 2.54 points, followed by Orlando (up 2.08), Riverside (up 1.87), Las Vegas (up 1.81) and Tampa (up 1.77).

Other key findings for Jan. 2014

  • The national MiMi value stands at -3.08 points indicating a weak housing market overall.
  • MiMi improved 0.03 points month-to-month in January and 0.81 points year-to-year.
  • The nation’s housing market is improving based on its 3-month trend of +0.17 points and moving closer to its stable and in range status. The nation’s all-time MiMi low of -4.49 was in November 2010 when the housing market was at its weakest.
  • Overall, 25 of the 50 states plus the District of Columbia are improving based on their 3-month trend; 35 of the 50 metros are improving.


“In many markets a better employment picture, along with some income growth, makes it possible for more people who are considering buying a home to stay within reasonable payment-to-income ratios on their monthly mortgages,” says Freddie Mac Deputy Chief Economist Len Kiefer. “But some high cost markets are already starting to feel an affordability pinch. … Out of the 50 metro areas that MiMi tracks, only four are in range in January, but 35 are improving.”

The index draws from four indicators: long-term stable ranges for home purchase applications, payment-to-income ratios, portion of on-time mortgage payments and the state of local employment.

© 2014 Florida Realtors®


Posted by Brent Ferry on March 28th, 2014 10:37 PMPost a Comment (0)

Disney is taking yet another step in the roll out of their RFID technology with an announcement that MagicBands (bracelets/wristbands) will begin shipping to Annual Passholders later this month.

To date, the MagicBands, which are the new room key, have been available only to Onsite Resort Guests.  Disney Hotel Guests can also use the special wristbands for resort-wide charging privileges, park admission, and PhotoPass and FastPass+ administration.

The news means Annual Passholders will also be able to receive MagicBands whether they stay onsite or not and make FastPass+ selections in advance.  Passholders will be given a 30 day advance window for FastPass+ selection while Resort Guests are being given 60 days.  The bands are synched to your online Disney account which you manage through the My Disney Experience website or smartphone app where you can make your advance FastPass+ choices (3 selections per day in one park).  All others must wait until they arrive at the park to make their 3 FastPass+ selections for the day at in park kiosks using their RFID enabled admission ticket.

The initial indication for Passholders is a restriction of "seven days of FastPass+ selections within any 30 day period." 

Posted by Brent Ferry on March 13th, 2014 11:42 AMPost a Comment (0)



Posted by Brent Ferry on March 1st, 2014 4:56 PMPost a Comment (0)


Introducing the Solterra Resort - a single family home community well catered to the second home buyer and short term rental investor featuring a large variety of floor plans and a luxurious clubhouse with resort pool and recreation amenities.

Check out Global Real Estate Services introduction video below and CALL ME DIRECTLY AT (407) 506-7857 OR E-MAIL ME TODAY AT INFO@BFERRYHOMES.COM FOR MORE INFORMATION.

Our longstanding and respected sister company, Global Resort Homes, is operating in Solterra Resort.  Get access to Global's successful Property Management and Rental program when you buy with me.  Please call or e-mail me for more information about properties for sale in the Solterra Resort and our Property Management solution.

For Vacation Rentals in Solterra Resort, please call toll-free 1-877-423-1017 and select "New Reservations" to reach one of our dedicated Reservation Specialists for a no obligation quote.




Solterra Resort Real Estate Sales (407) 506-7857




Posted by Brent Ferry on February 26th, 2014 8:05 AMPost a Comment (0)


Early today Imagineer Dave Minichielle Creative Director for the Seven Dwarfs Mine Train attraction at Magic Kingdom shared more information about the all new ride during a live chat on the Disney Parks Blog, and with it the first onboard ride-through video which pairs an actual test run versus the initial CGI concept.

 

While a specific Grand Opening date still was not announced, among the details revealed during the chat was the statement "We're on schedule for spring", confirmation that the attraction will be included in FastPass+, and news of a friendly height restriction of just 38".

When asked to compare the ride to other coasters at Disney, Minichiello replied "It's a family coaster and it's a unique experience unlike anything else in our parks...It gives the guests a new sensation they've never had before."  He later adds "It has proven to be pretty amazing and a very smooth attraction.  It's a completely new experience - not only having the sensation of pivoting back and forth and it varies throughout the attraction.  You feel differences in the various terrain around the mountain."

Enjoy the sneak peak!
It’s a family coaster and it’s a unique experience unlike anything else in our parks. This attraction is more innovative in its ride system and vehicle. It is for the entire family. It gives the guests a new sensation they’ve never had before. And we felt that uniqueness was the best way to tell our story.

Posted by Brent Ferry on February 24th, 2014 4:25 PMPost a Comment (0)


There's a lot going on in Central Florida! An always busy Presidents Week in the theme parks culminated with thousands running in the Disney Princess Half Marathon this morning with the inaugural Disney Princess Enchanted 10K yesterday and Cinderella Royal Family 5K on Friday.  And up the road the race goes to the track for the running of the DAYTONA 500 today.  At Universal Orlando Resort, they went into their 3rd Mardi Gras weekend without headliner Robin Thicke last night who had to cancel his performance.  SeaWorld has faced artist cancelations of their own as many of their scheduled acts for their Bands Brew & BBQ event dropped off surrounding controversy created by the Blackfish documentary, but continued in their 4th event weekend with replacement performances.  At the box office, The LEGO Movie went into its 3rd week in the #1 spot.  Aquatica announced an opening date of May 9 for its new attraction Ihu's Breakaway Falls.  Disney indicated a Live Chat regarding the Seven Dwarfs Mine Train for tomorrow, February 24th 2014 at 2:30pm during which we may garner a Grand Opening date announcement.  Earlier this week, Disney announced an extra weekend for their popular Star Wars Weekends at Disney's Hollywood Studios and and extra week on the front end of their even more popular annual Epcot International Food and Wine Festival in the Fall.  Amidst this, as I forewarned last night, Disney this morning quietly raised their ticket prices.

Following is a summary of the changes:

1 Day Magic Kingdom $95 > $99
1 Day Epcot, Hollywood Studios, or Animal Kingdom $90 > $94

2 Day $184 > $188
3 Day $262 > $274
4 Day $279 > $294
5 Day $289 > $304
6 Day $299 > $314
7 Day $309 > $324
8 Day $319 > $334
9 Day $329 > $344
10 Day $339 > $354

Add Park Hopper Option $59 > $60
Add Water Park Fun & More Option $59 > $60
Add Both Options $84 > $86

1 Day Park Hopper $129 > $134
1 Day Water Park Fun & More $149 > $154
1 Day Both Options $174 > $180

Unless you need to book a Package with tickets in order to add the Disney Dining Plan to an onsite Disney hotel stay, check out Kissimmee Guest Services in Celebration, FL for fully authorized, discounted, multi-day Walt Disney World tickets.  Click here for pricing and use Promo Code FER to receive FREE Domestic Priority Mail Shipping.




Posted by Brent Ferry on February 23rd, 2014 9:09 AMPost a Comment (0)

February 22nd, 2014 11:43 PM
Preliminary reports suggest that Walt Disney World will be raising tickets prices tomorrow, Sunday, February 23rd 2014.  The price of a one day ticket is said to be increasing $4.

Magic Kingdom $95 > $99
EPCOT, Hollywood Studios, or Animal Kingdom $90 > $94

This information is not yet posted on the Disney Parks Blog or the Walt Disney World Resort website.  Stay tuned for confirmation and further information regarding the change.

Posted by Brent Ferry on February 22nd, 2014 11:43 PMPost a Comment (0)

ORLANDO, Fla. – Feb. 21, 2014 – Florida’s housing market reported more closed sales, higher median prices, more new listings, fewer days on the market and the continued stabilization of inventory in January, according to the latest housing data released by Florida Realtors®. Closed sales of single-family homes statewide totaled 15,000 last month, up 10.2 percent over the January 2013 figure.

“Price increases are continuing to improve home equity in areas across the state, and combined with still-low interest rates, it’s creating a great opportunity for sellers,” says 2014 Florida Realtors President Sherri Meadows, CEO and team leader, Keller Williams, with market centers in Gainesville, Ocala and the Villages. “We’re seeing homeowners ready to take that next step and list their properties for sale: Statewide, new listings for single-family homes in January rose 13.8 percent year-over-year, while new townhouse-condo listings rose 7.4 percent.

“And here at the start of a new year, January marked 26 consecutive months that we’ve seen increases in statewide median sales prices for both single family homes and town home-condo properties, year-over-year.”

The statewide median sales price for single-family existing homes last month was $162,500, up 12.1 percent from the previous year, according to data from Florida Realtors Industry Data and Analysis department in partnership with local Realtor boards/associations. The statewide median price for townhouse-condo properties in January was $131,000, up 17 percent over the year-ago figure. The median is the midpoint; half the homes sold for more, half for less.

According to the National Association of Realtors® (NAR), the national median sales price for existing single-family homes in December 2013 was $197,900, up 9.8 percent from the previous year; the national median existing condo price was $198,600. In California, the statewide median sales price for single-family existing homes in December was $438,040; in Massachusetts, it was $320,000; in Maryland, it was $255,183; and in New York, it was $236,875.

Looking at Florida’s townhome-condo market, statewide closed sales totaled 7,377 last month, up 9.3 percent compared to January 2013. The closed sales data reflected fewer short sales in January: Traditional sales in Florida rose 20.4 percent for single-family homes and 16.9 percent for condo-townhome properties. Closed sales typically occur 30 to 90 days after sales contracts are written.

“The figures released this month are characteristic of a market that has reached balance,” said Florida Realtors Chief Economist Dr. John Tuccillo. “While sales and prices continue to rise, the most striking characteristic of the market is the stability of inventory as measured in months. It appears that the rate at which properties are coming on the market is closely matched by sales. In addition, rising prices have cut down on the availability of short sales and these have been dropping consistently.”

Inventory was at a 5.6-months’ supply in January for single-family homes and at a 6-months’ supply for townhouse-condo properties, according to Florida Realtors.

According to Freddie Mac, the interest rate for a 30-year fixed-rate mortgage averaged 4.43 percent in January 2014, up from the 3.41 percent average recorded during the same month a year earlier.

© 2014 Florida Realtors / Read the article on floridarealtors.org

Posted by Brent Ferry on February 21st, 2014 4:29 PMPost a Comment (0)

“Join the Rebellion”!  Star Wars Weekends is coming to Disney's Hollywood Studios soon with a 5th weekend added for 2014.  

  • Weekend I: May 16 – 18, 2014
  • Weekend II: May 23 – 25, 2014
  • Weekend III: May 30 – June 1, 2014
  • Weekend IV: June 6 – 8, 2014
  • Weekend V: June 13 – 15, 2014

Posted by Brent Ferry on February 21st, 2014 4:07 PMPost a Comment (0)

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Presented by, Brent Ferry, REALTOR®
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Contact:
(407) 506-7857
info@bferryhomes.com


Global Real Estate Services, Inc.
8555 W. Hwy. 192, Kissimmee, FL 34747

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