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September 5th, 2008 1:15 PM by David W. Welch
Check out my latest YouTube video of the condo being built in Baldwin Park. I sold this unit to customers of mine coming down from New York. They are the parents of some of my best customers. Of course Orlando is no Manhattan, but I thought they would love the convenience of Baldwin Park to shopping and downtown. This unit is just a block or two from one of the three community pools and fitness centers in Baldwin Park. It is also very close to the village center. For more about Baldwin Park, take a look at www.BaldwinParkFL.com, and to see the pictures and video of this terrific condo by Centerline Homes check out Baldwin Park Condo.
Orlando real estate statistics for August will be out in a few days, but some of the highlights are: just over 1225 closed sales; median price drop to $200,000, inventory down by about 200; distressed properties up to about 21% of the market; 41% of pending contracts; 27% of closed sales. Foreclosures are having a little more impact on our market as banks reduce their prices to clear out their inventory.
www.DavidWelch.com, www.RealEstateOptimist.com, www.RemaxDifference.com