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Archive for the ‘Market Trends’ Category

Short sales heating up

Wednesday, October 21st, 2009

More and more buyers interested in getting a deal are venturing into purchasing short sale properties.  Additionally lenders and agents involved in negotiating and approving the short sale are becoming more experienced in the process.  The result is in some price points the surplus of properties that caused the recent sharp decline is dwindling. In just the past few weeks homes priced under $160,000 in the Longwood, Altamonte Springs, Maitland and Winter Park areas have become more difficult to locate. This is a great sign for our local market and a signal to all potential home buyers interested in purchasing to move forward before the greatest deals are snapped up.

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