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
Author:
Phone: 863-978-7827
Dated: June 21st 2018
Views: 213
About Virandeep: ...

Property Search








RSS Feed

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

Search Blog

Recent Blogs

45 Beautiful Ideas To Pay It Forward - 45 Beautiful Ideas to Pay It
Luxury Golf Course Homes In Davenport - Are you looking for a stunning
DID YOU JUST MISS OUT ON THIS KISSIMMEE POOL HOME - Were you looking for a great home
Where There Is A Will There Is A Way - Three years ago, a 

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
863-292-6217
321-445-5568