Business Services Industry
British Snap Up Homes in Orlando, Fla., Neighborhood.
Knight Ridder/Tribune Business News, June, 2004
By April Hunt, The Orlando Sentinel, Fla. Knight Ridder/Tribune Business News
Jun. 1--The British are coming, and they're buying.
Faster than you can say Paul Revere, Brits -- who have long had a love affair with sunny Central Florida and all things Mickey -- are snapping up fancy houses in the Four Corners area at a mad pace and skewing home prices in the process.
"Not so long ago, Orlando was the grand prize on TV quiz shows," said Jason Brown, lounging at the pool of the 4-bedroom, 3-bath home in Polk County he closed on last December. "Now it's come more reasonable, and it's a dream holiday. We are living the dream."
A weak dollar is part of the fuel driving up the prices that Brits consider cheap but for locals are...
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