We are always looking for real estate opportunities, but we are in a "hold" status now. From 1999 through late 2003 was a fantastic time to get in the market, but the market turned Q4 2004 Q1 2005. Residential aside, the commercial market is very strong, thus very few deals seem to make sense when we actually start backing numbers into them. About three months ago, it seemed everybody wanted to put their house on the market, and now signs have addendums such as "reduced", "bring offer", etc. Between being the world's number one tourist destination and the baby boomer demographics, Central Florida is a solid bet if, a) you do your homework, and b) you don't overpay. Do NOT buy a condo in downtown Orlando, now---there are about a dozen huge projects in completion and/or coming on line. In the Resorts Corridor, there are thousands of timeshares and there are thousands of people looking to get out of timeshares here, so IMO, buy nothing until you have made a trip here, understand the market, and are not hoping to flip right away.

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Thanks for your insight into Florida!! I'm after a house possibly 2 story Near Disney as this would suit my needs better. I'm planning on using it myself for a few weeks in summer and winter then the rest I was thinking on renting as Holiday accomidation. There is a new development just 5mins from Disney that I quite like and I'm familiar with the area having been there before.

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Quote:

Do Not Go Where The Path May Lead, Go Instead Where There Is No Path & Leave A Trail