Condo Sales Picking Up. Will Domain Name Sales Follow?
Pockets of depressed real estate are beginning to pick up in some areas. Florida experienced an over-building of luxury condos in the last decade which created quite a surplus in the major Florida markets like Miami, Tampa, Orlando, and other famous hot spots.
However, as prices have steadily come down, condo buying has increased considerably as prudent buyers knew that the time was right to buy in. The Herald Tribune posted a recent article examining condo trends in the Sarasota, Florida area.
According to them, condo sales in the Sarasota area rose a massive 71% in May 2010 compared to one year ago in May of 2009. The piece reported that 384 condos sold in comparison to just 225 in May of 2009. Additionally, the median sale price increased 3% to almost $153,000.
I do not have a convenient methodĀ of checking publicly listed sales of real estate domain names. I recently sold a .biz real estate domain, and also just acquired one in the .info space.
Real estate domains are perfect web portals for both home buyers and sellers of various properties. I visit LuxuryRealEstate.com, MLS.biz, and Collett.biz as well as Homes.com and consider these excellent examples of workable domain names paired with well-designed web sites. Two premium domains I have been developing are Condos.biz and Estates.biz.










