Real Estate Expert Forecasts Uptick in Downtown Orlando Property Sales and Leasing as Gas Prices Rise

ORLANDO, FL --- Roger Soderstrom, (top right photo) founder and owner of Stirling Sotheby’s International Realty, which specializes in downtown Orlando properties from its 16th floor penthouse offices in The Plaza (bottom left photo)  on Orange Ave. at Pine Street, expects to see downtown Orlando property sales and leasing surge as gas prices increase.

Soderstrom said expected increases in gas prices will make downtown properties more appealing to commuters and real estate investors.

“During the 2008 gas crisis we saw a measurable increase in downtown properties,” Soderstrom said. “When gasoline approaches the $4 per gallon mark, many commuters adopt a different view to downtown living near the city’s employment center,” he said.

Since the last gas crisis, downtown property values have been reduced to reflect the real estate downturn and Soderstrom said the downtown district now offers some remarkable values.

“We have substantial new condominium properties available at historically low prices,” Soderstrom said. “New retail and entertainment venues in the downtown district are turning the downtown district into one of the most desirable lifestyles in the region,” he said.

For more information, contact:
Roger Soderstrom, Founder/Owner Stirling Sotheby’s International Realty,  407-581-7890
Larry Vershel or Beth Payan, Larry Vershel Communications,  407-644-4142