Has bubble burst on condo investors? Yes, maybe

MSNBC reports on the condo situation in Orlando,Florida:

Novice investors in the condo market soon may be in for a rude awakening.

With more than 15,000 apartments currently being converted into condos, more than 5,300 new condo units proposed for downtown and close to 12,000 condo-hotel units in the pipeline, Orlando looks like an investors' paradise on the surface.

The supply might be too big.