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Orlando Median Home Price Rising

By
Real Estate Agent with Adams, Cameron & Co. Realtors

Today there was an article in the Orlando paper about an increase in median home prices. The median price rose by 1.6 percent from June of 2006. That sounds like good news but the counter side of that is an increase of 40% in total inventory in the same period. I feel like the prices have to come down in order to bring the investors back into the market. Something is going to have to give. What do you all think?

http://www.orlandosentinel.com/business/orl-biznews-homes071007,0,2037420.story?coll=orl_tab03_layout

MAUREEN STACCATO
Springfield, MA
The market in Florida has changed so much since I lived there-
Jul 10, 2007 12:55 PM