The Disney Company is betting against the struggling Florida housing market with plans to build million-dollar luxury homes near its Orlando theme park.
"Disney will offer homes priced between $1.5 million and $8 million in a state where the foreclosure rate remains among the nation's highest. In Orlando, where brokers say home values have dropped between 50% and 60% from the peak, Disney's pricing would put its homes near the top of the market. According to Realtor.com, the average price of new listings in greater Orlando this year is just over $243,000."
While most of the market is down, officials in the company believe the market for luxury homes is on the rebound.
FULL STORY: Disney World's New Thrill Ride: Selling Luxury Vacation Homes
Pennsylvania Mall Conversion Bill Passes House
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Planning for Accessibility: Proximity is More Important than Mobility
Accessibility-based planning minimizes the distance that people must travel to reach desired services and activities. Measured this way, increased density can provide more total benefits than increased speeds.
Fair Housing Cannot Take a Back Seat to ‘Build, Baby, Build’
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LA Metro Board Approves New 710 Freeway Plan
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Austin’s Proposed EV Charging Rules Regulate Station Locations, Size
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Making California State Parks More Climate-Resilient
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City of Costa Mesa
Licking County
Barrett Planning Group LLC
HUD's Office of Policy Development and Research
Mpact Transit + Community
HUD's Office of Policy Development and Research
Tufts University, Department of Urban and Environmental Policy & Planning
City of Universal City TX
ULI Northwest Arkansas
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