Home price beats previous increase figures

3 reports which were released yesterday show bad news on the national housing market front, however, in Florida, interestingly the median home price in the Orlando area had risen in the first quarter of 2007 by 2.5% to $267,000 This is even higher than the Orlando Regional Realtors Association previously estimated!

This is fantastic news, the signs of a market turning around. For a Brit looking for  Florida Villa vacation Home it is great news, with the strength of the exchange rate coupled with the soft market which is now on the turn it means that now may be the best chance for years to take the plunge and own your own dream villa in the sun!

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