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May 14th, 2008 8:18 AM by David W. Welch
The Orlando Sentinel reported Florida existing home sales numbers today. You can read the whole article here http://www.topix.net/forum/source/orlando-sentinel/T8CQM4N4E23S2VLQ2#lastPost.
They actually used the words "Good news" to refer to Orlando real estate sales. The numbers reported for the first quarter were still down from last year by 31%, but Orlando was second in the state for sales of single family homes behind Tampa. Be sure to check out the article, and read my comments.
One other bright spot in the most recent numbers released is the days on market. For the first time in a while the average days on market actually dropped by a whole week from 128 to 121 days. I was looking at inventory numbers yesterday, and the inventory remains stable while pending contract continue to rise to over 3,200 total contracts.