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Are prices increasing or recovering?

By
Real Estate Appraiser with AmcAppraisalsinc.com

I downloaded the latest 3rd quarter report for Orlando today, from the National Association of Realtors and saw the very 1st graph which caught my eye: 



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I have been seeing of late, some increasing trends for home sales.  Yet when you look at the longer view - it is quickly apparent that the markets are really just getting back to ground zero! 

The report showed a lot of really good data, which I have been tracking ‘on the ground' in real estate appraisals here in central Florida, including Orlando, Clermont, Winter Garden and Windermere.  

What a world of difference from 5 years ago!    The question is.....where will we be 5 years from now?

Mary Robinson
Lenders Realty - Vista, CA

Here in the North San Diego area prices have gone up within the last part of this year.

Dec 06, 2010 12:58 AM