and look for:
First Time Buyer tab if you are a first time buyer
Search MLS tab, to see ALL THE HOMES for sale in the Orlando area its REAL TIME
Community Information tab, for information on communities
Also if you send your email I will send you a report with all the Listed/Pending/Sold in the area you are looking to help you with your decision, after all it is a big commitment and you need all information you can get.
As for appreciation there is more information that affects prices and today with all the opinions everywhere you can get two to agree but if you look toward the past homes have always appreciated, at times big gains at others small. We also had price adjustments just not as drastic as the past couple of years. Just remember families are being created every day, young adults see homes as a great investment, retirees, 2nd home buyers and the International crowd. With all that Central Florida / Orlando area has to offer my thoughts are we can only go up, it will just take time.
Also as for Hunters Creek I have spent a lot of time in the area showing buyers homes over the last 6 months as prices are more affordable. Also I have smaller homes for sale in the area that don't fit your criteria but because of this it gives me alot more insight.
Just remember its about the negotiation.