Solivita developer Avatar expects no immediate improvement for the market

Avatar Holdings Inc. second quarter results reported a net loss according to Corporate News release on Aug 11, 2008.

The news release stated in part, "Our sales results continue to reflect the weak market for new single-family and multi-family residences in our markets. We continue to experience a high level of cancellations of sales contracts for homes. We do not anticipate a meaningful improvement in our markets in the near term."

Avatar is a new home builder and developer in the Poinciana Florida area which includes Solivita.

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- Greg Staker - Watson Realty Corp. - 407-304-0255

Solivita a Florida retirement community

Solivita is a retirement community located 20 miles south of Walt Disney World. This charming community is located with easy access to hospitals and medical facilities, major shopping areas, the Central Florida attractions, golf courses and more!

You can purchase a resale or new home in Solivita at an affordable price. call us to receive a free list of new and resale homes available.

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- Greg Staker - Watson Realty Corp. - 407-304-0255