Lots More Choices for Homebuyers in 2008! While many Sellers still sit on inflated asking prices, selling prices are low again. In fact, they have dropped below "pre-boom" prices of three years ago. Home ownership is once again affordable! The number of choices available to you remains huge including a large selection of bank-owned properties. The second half of 2008 is an outstanding time to buy a home. The Orlando Regional Realtor® Association reports:
| June '08 | June '07 | June '06 | June '05 | Homes for Sale | 24,575 | 25,923 | 18,437 | 3710 | Average Days on the Market | 123 | 98 | 57 | 28 | Sales Closed | 1443 | 1524 | 2841 | 3119 | Average Interest Rate | 6.35% | 6.40% | 6.45% | 5.43% | Median Sales Price | $217,500 | $252,500 | $249,000 | $239,500 |
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