Tuesday, January 15, 2013

Video: Positive indicators in all aspects of the housing recovery in Orlando/ Kissimmee: January 2013 release

*Orlando home sales (all home types combined) in December 2012 were up 8.90 percent when compared to December of 2011 and down 5.86 percent when compared to November 2012. *Single-family home sales in the Orlando area increased by 13.49 percent in December when compared to December of last year. Villa sales decreased by 3.59 percent; condo sales decreased by 4.55 percent. *Of the 2,410 sales in December, 1,190 normal sales accounted for 49.38 percent of all sales, while 492 bank-owned and 728 short sales respectively made up 20.41 percent and 30.21 percent. *The number of normal sales in December increased by 30.63 percent compared to December 2011, while short-sales decreased 10.12 percent and foreclosures held steady. *The 7,883 pendings in December of this year is a decrease of 2.62 percent compared to the 8,095 pendings in December of last year. *Short sales made up 68.96 percent of pendings in December. Normal properties accounted for 19.21 percent and bank-owned properties accounted for 11.84 percent. \\ Watch the full video below

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