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Friday, October 20, 2006
Orlando Inventory of Homes Declined
For the first time in 1.5 years housing inventory decreased by 3.3% which will help maintain home prices. But inventory of homes is still at a all time high of 20,319. The median price of homes have remained steady at $250K which is up 2.5% from September 2005. Prices have begun to decline across Florida, but local studies predict that an overall price decline in Orlando is unlikely. Courtesy of Orlando Sentinel 10/20/06.
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