Wednesday, February 25, 2009

Orlando Home Price Fell 18% in 2008

Orlando Metro area home prices fell 4.7% in 1st quarter of 2009, showing signs of nearing the bottom. Orlando Real Estate in 2009 will be the year for first time home buyers taking advantage of FHA loan program and $8000 tax credit (which does not need to be paid back). And investors who are looking to pay cash for low priced condos and single family homes.