Declining interest rates and swelling inventory have contributed to another month of increased home sales in the Orlando area, reports the Orlando Regional REALTOR® Association.
“Buyers who are inclined to put their home search on hold during the traditionally slow real estate months may want to rethink their strategy,” says ORRA Chairman Zola Szerencses, Keller Williams Heritage Realty. “With the average interest rate at its lowest point in 18 months — 4.01 percent — plus an inventory plumped up with new foreclosures, our winter housing market has many gifts to offer buyers.”
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