The Residential Real Estate Post-Crash Index-Moderated Message Board

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Strategies & Market Trends : The Residential Real Estate Post-Crash Index-Moderated

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To: tejek who wrote (13519)	3/24/2011 12:14:16 AM
From: John Vosilla	Read Replies (1) of 119360

Here is an example of what is really going on in some specific areas not bs from the bleachers as is too often the case. Orlando which apparently has the highest vacancy rate in the nation based on another article you just posted has not only skyrocketing rents but also a bidding frenzy in some condo communities. I was shocked when a broker investor that i've partnered with in the past told me just today how heated up it had become in recent months. I had to check for myself and sure enough prices are now way up from the bottoming back in 2009 and not just marginally up as I thought even 3 months ago. ocpafl.org ocpafl.org ocpafl.org ocpafl.org I do want to stress that this is isolated to a few certain specific submarkets of FL pumped up mostly to foreign or out of state money for cash and not the norm everywhere YET. The huge increase in rents here I am noticing is now becoming more and more broad based and is the real thing most sustainable.

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