Friday, October 10, 2008

Orlando Real Estate Sales up 37%

The time to buy is now with discounts on Orlando Home Prices. September sales up 37% compared to last September a sign the Orlando Housing Market is heading up. This article in the Orlando Sentinel indicates may its the bank properties feuling the pace. Bank properties are priced low in neighborhoods.

Our buyer agency office, Buyers Broker of Florida, has sold decent bank properties offering signifcant discounts compared to a few years ago. Here is some recent homes our buyers have contracted.

  • Dr. Phillip pool home listed $540K, sold 1.5 years ago for $1.2 million
  • Avalon Park pool home listed $250K, sold in 2005 $293K
  • Oviedo 2 bedroom condos listed $100K, sold in 2006 for $220K
  • Vacation Townhome listed $109K, sold 1.5 years ago $330K
If you are looking to buy Orlando Real Estate, the time is now. Despite what the media says about the economy people are still buying and lenders are still doing financing.