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Wednesday, March 7, 2012

Orlando real estate- drop in foreclosures, short sales are up

 Orlando Real Estate-
Drop in   Orlando foreclosures lifts overall median price up, but pulls overall sales numbers down.
A sharp decline in the sales of Orlando foreclosure homes contributed to a drop of 17.83 percent in Orlando's overall sales for January 2012, despite increases in the number of both short sales and normal sales. Foreclosure sales in January decreased by 57.61 percent when compared to January of 2011, while short sales increased 23.69 percent and normal sales increased 19.92 percent.

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