Orlando Market Snapshot March 2014

According to the Orlando Regional Realtors Association, the median price of a home in the Orlando metro area was $160,000 through March, 2014. Sales of homes are 14% lower than this time last year as some institutional groups slowed acquisition of homes. Short Sales in particular were down nearly 70% as exemptions from taxes on deficit balances expired. Normal sales were 4% higher than last year.

The real story is inventory. Inventory is nearly 50% higher than this time last year from a combination of increased foreclosures (a lot of older deals finally working through the pipeline, mostly), and increased normal listing (many homeowners are finally above water and are able to test the market). I wonder how big the impact will be from the normal listings though should those homeowners successfully exit their existing home and buy a new one.

Interesting to note. While foreclosure inventory is 125% higher than this time last year, prices are also higher. The listing prices by many banks are sky high compared to last year leaving fewer great deals for investors to take advantage of.

See below for the graphic (which is nicely done) by the Orlando Realtors Association.



Good health can be described as the condition where both our body as well as our mind are functioning duly. Once medicines help us. Variant drugs are used to treat tonsillitis, other ones to resolve other diseases. Though erectile malfunction is more common in men over sixty, men of any age can unable to have an erection. Viagra is a medicine prescribed to treat few infections. What do you know about “kamagra oral jelly buy“? Currently, there are variant options for those ones who suffer from such health problem. Where you can get more information about “buy kamagra canada“? A recent review about “kamagra shop uk” report that men’s most common sexual disfunction is ED. Viagra has been demonstrated to be effectual in men with such medical conditions as erectile dysfunction after prostate surgery. Preparatory to using the physic, tell your doctor if you are allergic to anything.

Share Button