Orlando Real Estate

The "Shadow Market"

May 22nd, 2007 10:13 AM by David W. Welch

Check out the Orlando Sentinel article today. You can see it at www.orlandosentinel.com. The title has absolutely nothing to do with the article. The title is Housing Costs Put Squeeze on Workers, but the article is about condo conversions and the shadow rental market. Basically, all those condos that were converted over the last two years are becoming rentals again. Many are rented out by the owners that bought them trying to cash in on our red hot market that we had going on. Some are being rented by the converters themselves, because they have been unable to sell them. Check it out. If your looking for a great deal on a townhome check out www.16542cedarcrest.info.
Posted in:General
Posted by David W. Welch on May 22nd, 2007 10:13 AM


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