Despite a dismal start to the Orlando Metro area Real Estate market, Prices are holding and the Orlando Regional Realtor Association are optimistic as they say "a buyer’s market never lasts long."
However despite there being a record number of homes for sale in the area and the average time taking for each to sell being 90 days. There is good news: Unlike south Florida the prices in the Orlando area aren’t too far out from reality. Interest Rates should stay low and we are 60 miles from a hurricane storm surge.
When you find a great property in a great neighbourhood for a great price now is the time to buy!
Said Mike Thomas of the Orlando Sentinel,
