PORT ORANGE FLORIDA REAL ESTATE MARKET ANALYSIS - JULY 13, 2012
By Phil Hanner, Phil at http://www.findahomeinportorange.com/
(Keller Williams)
PORT ORANGE FLORIDA REAL ESTATE MARKET ANALYSIS - JULY 13, 2012 FORECLOSURES As you are likely aware, high foreclosure rates can negatively influence values and the stability of a neighborhood or city. According to Realtytrac.com, 1 in every 785 housing units in Volusia County are in some stage of foreclosure. Port Orange has much fewer foreclosures at 1 in every 1,307 housing units. Nationally, the rate is 1 in every 666 homes. This reflects well on the stability of Port Orange. NUMBER OF SALES These numbers reflect sales for the past 3 months - April 13 to July 13, 2012. Port Orange saw 262 homes sell as compared to 249 for the previous 3 months. This is an increase of 26%. The same time period in 2011 compared to 2012 saw an increase in sales of 5% and year to date 2011 vs 201...
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