Orlando Home Sales Dropping

Orlando Home Sales Dropping

Startled by low inventory and rising interest rates, Metro Orlando home sales plunged by 11.4 percent last month compared with a year ago.The report released Friday by the Orlando Regional Realtor Association said single-family sales dropped 12.4 percent in that time frame, with condo sales down 3.1 percent.Compared with April, sales rose 1.1 percent but pending sales dropped 7.4 percent.A short supply of homes to sell is playing a role in the drop, ORRA President Lou Nimkoff had stated that something needs to give. We need a change a bigger inventory of homes at reasonable listing prices to keep the market buying a consistent flow!

Virandeep Birdi Headshot
Phone: 863-978-7827
Dated: June 21st 2018
Views: 100
About Virandeep: ...

Property Search

RSS Feed

View our latest blog posts in your RSS reader. Click here to access. RSS

Search Blog

Recent Blogs

Open House Saturday 10am To 1pm - 6199 SEAGULL LANE, LAKELAND, FL
Jul 12 2018 61196 1 - The National Flood Insurance
House Buying Power At NearHistoric Levels - We keep hearing that home
Millennial Homebuyers Expect To Stay HOME FOR 10 YEARS - Only 14 percent of the Millennials

Saved Properties

This is a list of your favorite properties. We will email you if a property is reduced or leaves the market.

Click 'Save' to add a property to this list.

Register / Login

New & returning visitors please enter your information to login.

By clicking 'register' you are agreeing to our terms of use & giving us expressed written consent to contact you.

Questions? Comments? Complaints?

This message will go directly to the head of our team.

Location & Address

EXIT Realty Champions
7830 Lake Wilson Road
Davenport, FL