Central Florida Real Estate News July 2019
Posted by Florida Realty Marketplace on
ORLANDO MEDIAN PRICE AND INVENTORY RISE AS SALES SLIP IN JUNE
Orlando’s housing market enjoyed year-over-year increases in both median price and inventory in June, while sales took a bit of a slide during the peak of our traditional homebuying season.
“We are expecting June’s 2% decline in sales to reverse itself in the coming months as families seek to close on their new homes before the start of the school year,” says Orlando Regional REALTOR® Association President Jeffrey M. Fagan, Watson Realty Corp. “In addition, we anticipate an eagerness to take advantage of favorable conditions such as falling mortgage rates and small-but-steady increases in the inventory of homes available for purchase in the Orlando area.”
June Housing Market…
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