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Waterford Lakes, Avalon Park sitting pretty with retail, schools, roads

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Waterford Lakes is a suburban, family-centric haven that’s probably best known for the Waterford Lakes Town Center , a formidable shopping center that spans both sides of State Road 434 , known locally as the Alafaya Trail. Proximity to the University of Central Florida and Florida State Road 408 are also prime motivators for those considering a move to this east Orlando community . Waterford Lakes is a neighborhood, not a city; homes here have an Orlando address . Waterford Lakes residents want for very little in the way of major shopping and dining — huge big-box merchants (Old Navy, Super Target, Best Buy, etc.) are prevalent, along with popular restaurant chains , a massive Regal theater , and smaller but equally well known retailers. Despite a preponderance of big names, independent shops and cafes do proliferate, though you’ll need to search them out. Most blend into the architecture, most of which is new and attractive, but largely strip-mall/shopping center-style. Near th...

Zillow : Home Values Higher than Ever in Almost Half of Nation's Largest Markets

SEATTLE, Aug. 24, 2017 /PRNewswire/ -- Home values are setting new records in about half of the country's largest metros, and the national median home value is now $4,100 more than it was in April 2007, just before the market crashed , according to the July Zillow® Real Estate Market Report(i). Home values in Denver, Dallas and San Jose have appreciated most beyond the previous record-highs set at the peak of the housing bubble in the mid-2000s. Homes in Denver are almost 60 percent more valuable now than during the bubble, increasing from a median home value of $235,900 in April 2006 to a current median home value of $371,100. When the housing market crashed , home values plummeted and it has taken about 10 years for home values to reach new record highs. Strong labor markets and steady income growth have pushed up home values in the nation's hottest markets more quickly than in others. Among the 35 largest housing markets , 15(ii) have higher median home values than ...