Seminole County takes a nose dive in September!

By
Real Estate Sales Representative with Keller Williams Realty

The first week of October did not bode well for Seminole County Florida (or the rest of Central Florida for that matter).  The absorption rates sky rocketed this week which means that market time will increase and sales will slow even more!  Although September is typcially a slow month in the Real Estate business, other factors such as the credit crunch, slumping housing prices and more people moving out of the state than into it have all contributed to poor performance.  

 sem county graph absorption rate 10-2

 

 

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