Residential and commercial real estate in Central Florida slowed considerably in 2008, as the effects of the credit crunch and sour economy trickled down to developers, contractors and those wishing to buy or sell real estate. Through these tough times Karen Arbutine with RE/MAX Central Realty was able to pull through and succeed.
In 2008, Karen Arbutine sold the most expensive home in Seminole County. This high profile transaction was touted as the best deal for the buyer, a professional athlete who Karen Arbutine represented.
In the February 2009 issue of the Orlando Business Journal, Karen Arbutine’s deal was named as the “Best Single-Family Residential Deal: Dwight Howard”.
The article went on to say that, “Orlando Magic center Dwight Howard broke the record for the largest single-family home buy in Seminole County with his October purchase.”
“Howard bought the 11,000-square-foot home dubbed Chateau d’Usse, for $7.8 million - the highest home sale in the area this year. The home was the largest one featured in the 2008 Street of Dreams luxury home show in Lake Club.”
If you are looking to buy or sell real estate in the tough market contact Karen Arbutine & Associates at 888.727.7778 for a free consultation.
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