Market Pulse Orlando- Median Sales Price Up 11%

Market Pulse Orlando- Median Sales Price Up 11%

Market Pulse Orlando- Median Sales Price Up 11%

Things continue to improve sales-wise here in Orlando.  Great news if you’re looking to sell- and mortgage rates remain ridiculously low if you’re in the market to buy.

Investors?  You’re not left out to dry, either.  The same low rates that are helping folks get into their first homes can help you buy that investment property you’ve had you’re eye on for a while.  Combine today’s smokin’ hot rental market with a great property manager- and what else do you need?

Besides the 11% increase in sales-land, a couple of things jump off the page at you when first looking at this month’s report:

– 3.58% mortgage rate is the lowest since….forever

– Total inventory of 8,073 properties is lowest in over a year, and less than 1/2 of the 16,359 we saw as recently as September of 2010

 Ready to sell?  Don’t delay- jump into the market today!  Still on the fence about whether to buy?  Losing that house you’ve had your heart set on will make you cry!  Never been a landlord or owned a rental property?  Give me a call and give it a try!

Market Pulse Orlando- Median Sales Price Up 11%


About Dennis Burgess

Dennis B. Burgess Realtor in Orlando, FL ORRA Vice-chairman of Strategic Planning/Secretary ORRA/FR Boards of Directors Empire Network Realty 6000 S. Rio Grande Ave., #104 Orlando, FL 32803 Cell: 205-445-4755 Office: 407-440-3798 Twitter: @orlrentals Turning vacant into occupied, and "houses" into "homes"
This entry was posted in Advertising/Marketing, Orlando Market Report (Market Pulse), Orlando Regional Realtor Association (ORRA), Orlando Sales Rental Market, Orlando/Central Florida-area news and tagged , , , , , , , , , , . Bookmark the permalink.

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