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May 13th, 2008 9:17 AM by David W. Welch
In search of expert opinions regarding the Orlando real estate market, the Orlando Sentinel found two experts in their fields. A coffee shop owner in Mount Dora a rural community outside Orlando in Lake county says it will take "five to seven years" for the market to get back to normal. If that is not convincing enough for you. They dug deep into their vast resources and found an aviation industry consultant in Oviedo. Also, a more rural Orlando area suburb in Seminole county. He suggests people would be better off renting for another year until prices stabilize.
If you detect a bit of sarcasm in the tone of this blog, you are correct. I know that coffee shop owners and aviation consultants have long been known for their expertise in real estate, but how about interviewing a Realtor. Not everybody recognizes the real estate expertise of baristas and pilots, but some people may recognize a Realtor as a real estate expert. I have to go now, the Orlando Sentinel is calling. They want my opinion on the pros and cons of laproscopic surgery over traditional more invasive techniques. After all Realtors are known to be experts in the surgery.