(photo: credits)
It’s not my current house that i’m talking about it is my old apartment complex I used to live at in Metro West which was converted to condos (aka condo conversion). It seems that the news of the Orlando housing crisis has hit big news headlines like MSNBC. According to the MSNBC article there were alot of investors who purchased within the complex hoping to turn a profit. I could see why because when the housing market was booming the Metro West and Dr. Phillips area was the prime place to live. It provided a place with easy access to everywhere… 15 mins to Downtown Orlando, 5 mins to Universal Studios, and 10 mins to Disney World. However since the housing market has taken a dive so has the neighborhood… the crime has increased and so has the for sale signs.
When I was living in Metro West I actually lived in the place that is mentioned in the MSNBC article. The place was called the Hamptons at Metro West… However, it wasn’t always called that. When i first moved into the place it was called Park Avenue apartments. Then from my understanding when the company who owned it decided to go condo conversion the renamed it to The Hamptons.
Well I must say I am glad I didn’t purchase from there and I feel a bit sorry for the people who did. But, then again real estate is like a long time investment sometimes you get lucky other times you don’t.
