Disneyworld Homes To Be Built In Orlando

On Wednesday, the Walt Disney Co. plans to unveil its plan to delve into the residential real estate market for the first time in a decade with pricey vacation-home developments in Walt Disney World Orlando, according to the Wall Street Journal.

Disney will offer homes priced between $1.5 million and $8 million--all this in a state where the foreclosure rate sits amongst the highest in the nation. Home values have dropped between 50% and 60% in Orlando, making Disney's home prices near the top end of the market.

It's a risky endeavor--made even riskier in the hope that families with up to $8 million to spend will want to spend it on a home in a theme park. Just saying.

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