Orlando Real Estate

February 26th, 2008 4:05 PM
“Orlando Area Home Values Fall” This is the headline in the web version of the Orlando Sentinel this afternoon. If you go on to read the article, you will see that prices in the fourth quarter of 2007 were off by 2.12%. That is slightly higher than the 1.69% decline in the third quarter. Over the last half of 2007 the Orlando area is pretty much in line with the state numbers overall. This particular index measures the re-financing and sales of the same homes over time, which should give a better indicator or where prices actually are. The same index also goes on to indicate the home values in Orlando are still 82% higher than they were five years ago. www.davidwelch.com/orlandobuyers

Posted by David W. Welch on February 26th, 2008 4:05 PMPost a Comment (0)

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