A little about the market here in Lake County - we are an area of small towns about an hour from each coast and an hour from Orlando and the attractions. A lot of our residents commute to Orlando for work as Lake County is primarily a service community. In 2008 we sold 2,486 houses in the county down over 200 from the previous year. The majority of homes sold were between $100,000 and $250,000. Condominiums sold in 2008 were 73 down from 101 in 2007. On top of the reduction in amount of homes sold we also had a reduction in price. It isn't all gloom - the people who sold and the Realtors who assisted them were happy.
How do we compare with your market?
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