Wednesday, February 08, 2006

Vacation Home Sales Have Cooled

Four Corners rentals also down, experts say

Kelly Griffith Sentinel Staff Writer February 8, 2006 Orlando Sentinel

FOUR CORNERS -- A year ago, if Shani Parkin delivered an eager buyer to a vacation-home builder in the red-hot Four Corners area, the Kissimmee real-estate consultant had little to show for her effort. Builders then had plenty of their own buyers, thank you very much.Today, they call. They send cards. They want her help unloading their new homes. The houses, popular with British vacationers, are getting harder to sell as the properties soar in price, grow in number, and more overseas investors cash in their equity, experts in the business say. Rentals of the homes also are down. Click link for more information.