Downtown Orlando - Thornton Park Real Estate Market - View Downtown Orlando - Thornton Park Real Estate Market Trends in Florida

Winter 2012 Market Update If you can qualify, now is an exceptional time to buy a home in Downtown Orlando - Thornton Park. Low rates with falling home prices makes a home purchase a great value! For more information call Avi at 407-434-1211 or Mike at 407-758-9585
Average Home Price	$150,000 - View Graph Trend

Average Price Compared to Last Year	Down 5-10%

Average Time on Market	60-90 days

Best Selling Price Range	$150,000 - $199,000

Worst Selling Price Range	$1,000,000+

Prices As % of Asking Price	90-95%

Existing Home Prices for the past 90 days are?	No Change

Market Trend	Decreasing

Buyers’ or Sellers’ Market	More buyers than sellers

Buyer Activity for the past 90 days in Downtown Orlando - Thornton Park is	Increasing

Seller Activity for the past 90 days in Downtown Orlando - Thornton Park is?	Increasing

Multiple Offers?	Yes

Multiple Offers Commentary	There's no doubt we're in a buyers market so sellers should prepare for very picky buyers who have options.

What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?	More than 50%

Is Financing Available For Qualified Buyers?	Yes

Comments on Financing For Qualified Buyers	Financing is dependent not only on buyer's qualifications but also on the type of subject property; more specifically, condos are limited in their ability for financing with most needing a minimum of 25% down. There are a select few buildings the qualify for 3.5% FHA loans, however, downtown Orlando and Thorton Park have excellent town-homes and single family homes right in the heart of the city which offer the same metro lifestyle and convenience as condos but with even more space and amenities and many financing ortions.

Housing Inventory	Limited Supply

Inventory Comments	Housing Inventory has traditionally been tight in Downtown Orlando - Thorton Park but this unique market has certainly presented opportunities for all the buyers out there.

Greatest Activity	Investors

Reason to Buy/Sell	Population Growth

Nearest Metro Area	Orlando

Housing Hot Spots	Most cities within the Orange County area are considered 'Housing Hotspots'

Average Sold Price	$150,000 - View Graph Trend

Downtown Orlando - Thornton Park Local News

Sluggish housing market in line for a better 2012, according to quarterly survey

The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.

The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.

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