Homes in Orlando become more affordable

By
Real Estate Agent with Total Realty Team/ FL Relty Investments
According to Orlando Regional Realtor's Association, The median price of a home in Orlando fell to $235,000.00 in October. That is a 3.69 percent decrease from August 2007. This is good news as the affordability index increased by more than 7% to 92.4%. What this means to you is that if your income is $51,104 or less per year you can quailfy to purchase a home in Orlando. Currently you have 6,163 homes to choose from in the Orlando area under the max price of $217,140.00. Also good news for you... the number of home sales decreased by over 55 percent. You will have no problem finding a home, and your agent will be able to get you the best deals.

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