Dawn's Orlando FL Real Estate Blog

Orlando Regional Stats for March 2009, as I've condensed from the Orlando Realtor online, April 27, 2009. • 47.59 percent more homes Sold in March of this year than March of last year. • 76.06 percent more contracts were filed in the month of March than in March 2008. • More than twice as many homes are under contract in March 2009 compared to March 2008. • The median price ($137,000) decreased by 37.73 percent compared to March 2008 • The average area interest rate dropped to its lowest point on record: 4.67 percent. • 49.06 percent of the homes sold in March were either bank-owned (700) or distressed (111) homes. • The median price of the bank-owned homes: $95,000 • The median price of distressed homes: $143,500 • The median price for "normal" homes: $174,995. • The area's affordability index: a record high of 192.17 percent. • First-time homebuyer affordability has increased to 136.65 percent. What are YOU waiting for? Please call me to discuss your real estate needs. Dawn E. Deegan ABR,GRI Holding the key for you. Keller Williams Classic Realty 5979 Vineland Rd., Suite 101 Orlando, Florida 32819-7860 407 488 8074 (mobile) 407 445 7026 (office-direct) 407 992 7026 (e-fax) www.DawnDeegan.com www.IMOVEFL.com GO GREEN: Please consider the environment before printing this. Instead, call me.