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Buyers Market still Remains for Orlando Real Estate for 2009.

Wednesday, August 16, 2006

Nationwide Real Estate Sales Status

According to National Association of Realtor home sales are down 7% for secondo quarter compared to second quarter 2005. 28 states have declines sales with the leading states that experienced the real estate boom last year.
  • State Sales decline: Arizona (26.9%), Florida(26.7%), California (25.3%), Virigina (23.9%), and Nevada (23.5%).
  • States that have seen gains this year are Arkansas (17.9%), Texas (11.3%) , North Carolina (11%), and Vermont (9.1%).
  • Cities that have seen gains are Baton Rouge, La (27.3%), Ocala, Fla (25.3%) and Virigina Beach (23.6%).Courtesy of Orlando Sentinel 8/15/06.