Real Estate Market Looks Bright In OrlandoPosted by Carlos German on Friday, April 22nd, 2011 at 5:56pm.
Consider the facts: According to the Florida Realtors latest housing figures, home sales increased by 12 percent in March compared to last year with over 18,522 total homes sold across the state. Condo sales are doing even better and are up 24 percent across the state in the same period. Seventeen metropolitan areas reported higher home sales.
But, even though sales are up, it's an excellent time to be a buyer because prices are down from last year. The median price for homes in March was around $126,000 -- almost a $10,000 decrease from a year ago. Condo prices also decreased by almost $10,000, down from a median price of $94,600 last year to around $84,000 in March.
Prices are sure to rise and the great deals that are available won't be around for long as the real estate market quickly recovers. Investors and first time buyers are snapping up properties, and we highly recommend you think about buying a vacation, investment or residential property in the Disney World / Orlando area. You can find great properties at big discounts.
Contact us and let us help you find the perfect property. The real estate market, and everything really, is sunnier in Orlando.
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