Orlando Real Estate

May 10th, 2007 8:46 AM
Some of the April numbers have been released, and the big shocker to me is that the number of closed sales was actually down from March. Looking at the pendings a few weeks ago, it looked like we were going to have well over 2,000 closed sales. The reported sales were slightly less than 1,500 which is more than 200 off March, and 1,000 off last April. They have not announced the median price yet, but I am pretty sure that will end up around $246,000 which is $3,000 less than last April. My best guess is the sub-prime lending collapse has delayed or prevented a lot of closings. It is the reason my listing at 13628 Hawkeye is back on the market. Check it out it is a great house and a great deal www.13628Hawkeye.info

Posted by David W. Welch on May 10th, 2007 8:46 AMPost a Comment (1)

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