Wednesday, December 14, 2011

Short sales are up in Orlando, breathing some life into market

Short sales are up in Orlando, breathing some life into market: November short-sale transactions in Orlando increased 39.4% over last year, buoying the median home sales price in the market by 9.52%, the Orlando Regional Realtor Association said Wednesday.
The median Orlando home sales price last month was $115,000. In the short-sales segment, the median selling price jumped 7.1% from last year, with the average short sale [...]

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