short sales: Numbers, Numbers & More Numbers – A Mixed Bag - 08/25/09 06:13 AM
Sales are up! For the past couple of months we've been closing over 2000 homes a month. We haven't seen numbers like that since mid '06. Of those sales, 58% were what would be considered ‘normal' sales and 42% were either bank-owned or short sales.
 
The pending sales, those under contract, increased as well for the sixth straight month. While this used to be a good indicator of future closings, I don't feel it is as accurate as it used to be since many under contract do not make it to the closing table.
 
Inventory has been pretty much … (2 comments)

 

Marc Grossman

GRI, Greater Orlando Real Estate Broker

Longwood, FL

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Address: P. O. Box 160521, Altamonte Springs, FL, 32716

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This blog is an avenue to relate information and sites that may be of interest to you in regard to real estate. There will be miscellaneous meanderings about me and opinions in regard to Central Florida and Orlando homes for sale and real estate in particular. Get great free widgets at Widgetbox!



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