The median price of Orlando homes shot up nearly 10 percent in April compared to April 2015, while sales increased about two percent. Both the rise in values and the sluggish movement in sales continue be influenced by the area’s ever-declining inventory. Read more>>
There are 3 blog entries for May 2016.
by: Danielle Hendrix Staff Writer West Orange Times & Observer
ORANGE COUNTY While West Orange-area development is booming, the Orange County Board of County Commissioners voted Tuesday to raise the school-impact fees for residential construction.
Impact fees are collected from developers and builders by the county, and the revenue is used to fund public facilities nearby. School-impact fees will go toward funding and maintaining current and future schools.
In 2011, the BCC adopted new school-impact fees of $6,525 for single-family homes and $3,921 for multi-family units. The fees will be introduced in two phases, with the first beginning Oct. 1 and the second on Jan. 1, 2017. In the first phase, the fees for single-family homes will increase by…