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Sales Traffic through First Half of 2010 Shows Start of Resurgence at Bella Collina in Monteverde

ORLANDO, Fla. --- The nationwide real estate downturn that brought luxury South Lake County community Bella Collina to a virtual halt in 2009 has bottomed out and visitor traffic is now pointing to signs of a strong resurgence, according to Roger Soderstrom, founder and owner of Stirling Sotheby’s International Realty in Orlando.

“In our opinion, Bella Collina will rank as one of the hottest communities in Florida in 2011 and 2012,” Soderstrom said.

From Jan. 1 through June 30 Bella Collina reported 11 residential transactions at an average sales price of $883,000, including three closed sales and eight that are still pending. During the same period 12 luxury home sites sold and 12 more sales are pending, said. Dan Natoli a partner with the LR Team at Stirling Sotheby’s International Realty who is promoting Bella Collina.

During the first six months of 2009, Bella Collina reported no new home sales. Home site sales at Bella Collina totaled 12 for the first half of the year, Natoli said.

“Most of the sales activity at Bella Collina is recent and we have seen a big jump in sales traffic and sales inquiries in the past 60 days,” said Natoli.

Stirling Sotheby’s International Realty launched a major initiative focused on Bella Collina in March, Soderstrom added.

As of June 30, Stirling Sotheby’s reported 10 active listings at Bella Collina.

“The key indicator is the prices,” Natoli said.

Sales of home sites at Bella Collina so far this year have ranged from $6,500 to $109,000 and averaged $48,000 per home site. Home site sales in 2009 averaged $183,000 per home site.

For a tour of Bella Collina, visit http://www.youtube.com/watch?v=OmYDzX6VI90.  Or you may visit www.BellaCollinaLiving.com.

For more information contact:

Dan Natoli, Sales Executive, LR Team/Stirling Sotheby’s International Realty 407-581-7890

Roger Soderstrom, Founder/Owner Stirling Sotheby’s International Realty 407-581-7890

Larry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142

About Stirling Sotheby’s International Realty:

Stirling Sotheby’s International Realty is affiliated with Sotheby’s International Realty, the largest luxury real estate brand in the world. Stirling Sotheby’s exclusive services include luxury residential, new homes, commercial, property management, in addition to supporting builders, developers, lenders, and asset managers. The company operates three performance zones which serve all of Central Florida. Visit www.StirlingSIR.com.