Friday, October 24th, 2014

Orlando Home Sales Down

It probably comes as no surprise, but home sales in the Orlando market have been affected just like the rest of the real estate market in the US. According to the World Property Channel, sales in this area are down 9.6%, prices are down 5%, and the inventory of homes on the market is down 27%.

Pretty staggering numbers, but again, I expect to see numbers like this given our current national real estate market, lack of available financing, and lack of able buyers.

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