Wednesday, April 26, 2006

Its A Good Time For Buyers

Orlando volume has reached the highest ever with 15,000 homes on the market. Sales are up by 10% in metro Orlando and fueled by the condo growth. Average home sales price is flat since March at $240,000 which is down from November 2005 at $249,900. The national average for 30 year mortgage rate is up to 6.32. With these factors, buyers have more homes to choose from and more negotiating room. Courtesy of Orlando Sentinel 4/26/06.