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Orlando Metro Market Has Bottomed- A Tale of Two Markets

June 25, 2009

HOUSING INVENTORY INCREASE EXPECTED | www.lvrj.com

The Orlando (Central Florida) market is comprised of two submarkets.  N. Orlando and Seminole County S. Orlando, Polk County and Osceola County.  N. Orlando and Seminole County are seeing robust demand among consumer bargain hunters as well as investors.  One local firm indicated results were up 40% with bargain inventory being snapped up within days (even bidding wars).  In this market, condo sales are being driven by (more) realistic prices (esp. in conversions).  This is driving investor interest as strong cash flow and the prospect of strong appreciation in two-to-three years is compelling. Homes are also being snapped up at bargain prices as those with jobs and credit take advantage of the pre-boom pricing that made Orlando an affordable market. S. Orlando et al is still falling as residents are lower income hospitality workers have no jobs/credit and new projects compete with new projects and lots of current and potential inventory.  Recovery is years away.

Orlando Real Estate- Have we hit bottom?

December 11, 2007

Orlando Real Estate Market | www.associatedcontent.com

The Orlando market, which is generally considered to encompass the counties of Orange, Seminole, Lake, Osceola and Polk has experienced declining sales since mid (in most counties) 2006. While the most overbuilt areas, near the tourist attractions in Polk and Osceola counties, countinue to decline, beset by too many investors, too many lower paid owners (with ARM's) and too much supply, other areas have likely approached bottom.

Limited Benefit Insurance- The Right Product for Today's Insurance Crisis

May 22, 2007

New Urgency in Debating Health Care | www.nytimes.com

The number of uninsured Americans increased over 13% over the last four years for which data is available. Florida was one of eight states identified as having a “significant” increase in the percentage of uninsured; 22% of adults employed in Florida were uninsured (#4 in the United States) and 3.7 million Floridians lacked health insurance.The political environment is increasingly sensitive to the crisis of the uninsured in America. The lack of access and/or affordability of insurance has moved from a "them" issue to an "us" issue.

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