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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: renovator who wrote (54718)	5/23/2006 6:06:43 PM
From: Broken_Clock	Respond to of 306849

I guess i don't have your cojones i have quite a few Jan 40's. I'm looking for $30 by then. Hoping for a bounce around 45 or 40, sell, then reload even more on the rebound.

To: renovator who wrote (54718)	5/24/2006 1:24:29 AM
From: John Vosilla	Respond to of 306849

Vacation rental market huge oversupply: ‘Orlando is the biggest single vacation-rental market in the nation, no question,” said Brian Sharples, chief executive of a Web site for listings of vacation-rental properties nationwide. By the end of the year, Sharples predicts, the Web site will list more than 100,000 properties for rent, up from more than 30,000 today.’ ‘Sharples said many second-home buyers, who may have thought of their property as a profitable short-term investment but now face a buyers’ market, are rushing into the rental market. “They’re looking to cover their costs,” he said. But Orlando is a challenging vacation-rental market because of the competition, said Christine Karpinski, a sales consultant. Not only are there huge numbers of homes for rent, especially in the Walt Disney World/Osceola County area, where international investors are heavily concentrated, but the area’s hotel market is so huge. ‘Orlando is so saturated with hotels. It’s hard to get positive cash flow on your vacation home,’ she said.’ thehousingbubbleblog.com