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Monday, March 06, 2006
Metro Orlando Ranked No. 2 Condo Conversions
Developers have been purchasing apartments and converting them to condos. 16,867 apartments were sold in the 4 county metro Orlando (Seminole, Orange, Lake, and Osceola) or on of every nine rentable units available in the market last year. Although the buying frenzing experienced last year has slowed, the demand for condos remains good as it is an affordable option for home buying. Condo conversions are still occuring in major markets in Florida and Nationwide. Courtesy of Orlando Sentinel 3/5/06.
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