The Orlando area’s overall median price climbed to $117,000 in July. Since January of this year, Orlando’s median price has increased by 23.3 percent. The median price is also 7.64 percent higher than the $108,700 recorded in July 2010.
Hunters Creek Orlando Florida
The Hunters Creek community was started in the 1980s and is still growing and developing. Located in southern Orange County, this family oriented town provides residents with a sense of community. Outdoor recreation and community centers are popular in this area. Living in an apartment in Hunters Creek is an ideal situation for families or young professionals. Hunters Creek is about 30 minutes from downtown Orlando, and located not far from the Lake Buena Vista area.
Things To Do In Hunters Creek
While living in Hunters Creek you will find tons to do. There is a shopping center called the Loop, which has a movie theater and a wide variety of stores for shopping. Additionally, Hunters Creek is in close proximity to the Lake Buena Vista area and the Disney and Seaworld theme parks. Living in Hunters Creek will also put you close to the Premium Outlet Mall. Gatorland is also located near Hunters Creek, and is a fun place to see live alligators and other reptiles.
Schools Serving Hunters Creek
Schools serving apartments located in Hunters Creek include Hunters Creek Elementary School, West Creek Elementary School, John Young Elementary School, Endeavor Elementary School, Waterbridge Elementary School, Hunters Creek Middle School, Freedom Middle School, Freedom High School, and Cypress Creek High School.
The Hunters Creek Business Community
As a growing community, there are lots of employment opportunities in this area. However, those who choose to work elsewhere commute to other areas of Orlando, such as downtown Orlando, or the Lake Buena Vista area. Recreation is a large part of the force that drives the economy of this area.
Shopping in Hunters Creek
The main shopping area of Hunters Creek is the Loop. Hunters Creek residents also choose to shop in some of the nearby malls, including the Premium Outlet Mall and the Florida Mall. While the Florida Mall is not as close by as the others, it offers over 250 different stores under one roof!
Traffic And Driving In Downtown Orlando
Some of the major intersections near apartments in Hunters Creek include the corner of Town Center Boulevard and John Young Parkway, the corner of Town Center Boulevard and Orange Avenue (Co Rd 527), and the corner of Orange Blossom Trail and Osceola Parkway. Living in Hunters Creek allows for easy access to the Florida Turnpike and the Central Florida Greenway (SR 417).
Real Estate in Hunters Creek - past 12 months
Hunters Creek is a widely diverse community with homes built from the mid ’80’s to 2006.
53% of the area is single family homes, with 47% being condos and the remaining properties are townhomes and villas.
Condos can be found in the area for anywhere from $37,000 to $125,000
Single family homes are available from $89,000 to $540,000
The Median single family home price in Hunters Creek is: $ 185,000
At those prices, Hunters Creek offers something for everyone.
To view homes and for more information contact The Top Value Group @ 407-722-9990 or send an e-mail to firstname.lastname@example.org
The Federal Housing Finance Agency (FHFA) on Tuesday said it has directed Fannie Mae and Freddie Mac to work in coordination with FHFA and HUD to consider alternatives for future mortgage servicing structures and fees for single-family mortgage loans.
The current compensation plan is typically based on a minimum servicing fee that is a part of the mortgage rate, which FHFA says decreases flexibility for the servicing of non-performing loans.
The four agencies will consider alternatives to the traditional compensation structure, with a focus on
improving service for borrowers, reducing financial risk for servicers, and providing the flexibility for guarantors to better manage loans that are non-performing.
According to the report, alternatives for consideration may feature a fee for service compensation structure for non-performing loans and the possibility of reducing or even eliminating the minimum mortgage service fee for performing loans.
“As the recent problems in managing mortgage delinquencies suggest, the current servicing compensation model was not designed for current market conditions,” said FHFA Acting Director Edward J. DeMarco. “The goal of this joint initiative is to explore alternative models for single-family mortgage servicing compensation that better address the needs of borrowers, servicers, originators, investors and guarantors.”
FHFA believes this effort will lead to a proposal for a new model that will benefit from public input. As such, the agency is planning to gather feedback from the industry, consumer groups, investors, and from other regulators and government agencies.
FHFA says any new servicing compensation structure is not expected to occur before the summer of 2012.
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