OVER 4 MILLION CLOSED AND ANOTHER 4.2 MILLION UNDER CONTRACT DURING THE MONTH OF MARCH AT COLDWELL BANKER CAMELOT REALTY.

KAREN AND I HAD CLOSINGS EXCEEDING $600,000

THIS IS THE SECOND MONTH OF INCREASING SALES VOLUME AND MAY BE A SIGN THE WE HAVE FOUND THE FLOOR IN CERTAIN MARKET SEGMENTS.

Homes below $150,000 are still a the most active parts of the market.  We are seeing an increase in the over $200,000 price point also.  Even 400 to 500k is showing a small amount of interest, but nothing to get excited about yet.

Interest rates below 5% the $8,000 tax credit, and increased affordability seem to be the key market factors at this time.

Later in the month we will receive the county wide number from the Mid-Florida Regional MLS.  In February we experienced a sharp increase in the number of units sold. 

I am looking for another increase in sold units probably in the low to mid single digit percentage range.

The sentiment among buyers has moved from wait and see to a state of action.

Ray Levy

352-978-8551

Coldwell Banker

Camelot Realty

Mount Dora, FL