Residential Rentals Jump by 88%

Celebration, FL, August 08, 2009 --(PR.com)-- The demand for residential rental properties has increased to levels not seen in decades because of the challenging economic conditions. With all of the uncertainties surrounding employment, health care and falling investment portfolios, many one time homeowners are rethinking ownership in favor of the simplicity of leasing a home.

“In my 10 years of leasing and managing properties throughout Florida, I have never had this many calls from homeowners that are scared of what the future may bring” states Arnold Austria, Managing Director at Golfpark Properties. “My goal is to help families struggling with financial challenges to find a home that fits their budget, but still takes into account all of the amenities that are important to them.”

Golfpark Properties sees a growing opportunity for banks that are now holding foreclosed properties and for developers with surplus inventory to lease out the vacant property until prices stabilize.

“Rather than having homes lie vacant with no money coming in, many homeowners and large institutions are realizing the benefits of having tenants in place. Obviously the owners benefit from rental income, but the maintaining of the home and the short term benefit for communities are vital for the return of market values” says Broker of Golfpark Properties, Bob Guidice.

About Golfpark Properties: Golfpark Properties is a connected group of real estate professionals, dedicated to promoting Central Florida Real Estate. Based in Celebration, FL, Golfpark provides leasing, property management, commercial and residential sales services. Their unique marketing campaigns, use of technology, dedication to their clients, and unparalleled commitment to success have helped them become a leader in the industry.

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