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Orlando Real Estate Report - December 2010

Number of Available Homes for Sale in Orlando Up, After Five Straight Month of Declining Inventory – The number of available homes for sale in the Orlando MSA was up slightly in December, after five straight months of declining homes for sale inventory. While the number of homes for sale increased this month, we saw a decline in the median home price for the Orlando MSA.

Orlando Real Estate Report - November 2010

Available Homes for Sale in Orlando Down Fifth Straight Month – The number of available homes for sale in the Orlando MSA dropped for a fifth straight month to 19,536 homes, while prices slip from $106,000 last month, to $105,000 this month. This fifth straight month of reduced inventory continues to point to a more stable and improving Orlando real estate market.

Orlando Real Estate Report - July 2010

Orlando Homes for Sale Inventory, Up by 659 Units in July 2010 – The number of unsold homes in the Orlando MSA increased for the third straight month, adding 659 more homes for sale, bringing the total number of unsold homes to 21,226. This brings the housing inventory months on hand (MOH) to 7.42 MOH, which is up from 5.61 MOH last month.

Orlando Real Estate Report - June 2010

Orlando’s Housing Market Adds More Homes For Sale Again in June – The number of unsold homes in the Orlando MSA increased for the second straight month, by adding 224 homes, bringing the total number of unsold homes to 20,567. This brings the housing inventory months on hand (MOH) to 5.61 MOH, which is down slightly from 6.14 MOH last month.

Short Sales Get Easier With HAFA

If you need to sell your home to avoid foreclosure, the federal government has introduced the Home Affordable Foreclosure Alternatives (HAFA) program that will make the process much easier for you. Many mortgage servicers have joined forces with the federal government to offer their customers the opportunity to participate in the new HAFA short sale option.

Orlando’s affordability index leaps to 100 percent as median sales price and inventory decline

A decrease in the median sales price has spurred the area’s housing affordability index to reach 100 percent, which along with a reduction in inventory by nearly 2,000 homes indicates a swing toward stabilization of Orlando’s current buyer-favoring housing market.

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