Industry News

Online condo marketplace expands in Florida

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U.S. Condo Exchange has added more than $1.5 billion of Orlando and Tampa Bay condominiums to its online condo marketplace, the company said today. The addition marks the second phase of the company's national rollout. The exchangeis dedicated to condominium sales and purchases in the United States. It brings together buyers, sellers, brokers and developers in a central marketplace where condos can be researched, negotiated and purchased online. The exchange launched this past summer with an initial focus on South Florida. The Orlando and Tampa/St. Petersburg areas represent the next phase of the exchange's nationwide rollout. More than 5,000 condo listings in those regions can now be purchased via the site. "The Orlando and Tampa Bay areas are seeing skyrocketing growth, with the condo market surging to meet the demand," said Richard Swerdlow, chief executive officer of the U.S. Condo Exchange, in a statement. "We wanted to establish a presence in these important markets ve...