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Thursday, June 16, 2011

Orlando-area ‘normal’ home sales up in May According to Bizjournals

Orlando saw a growing number of non-distressed (short sales and bank owned) home sales. These "regular sales" have been rising for the last 4 months. In Orlando distressed properties made up 62.53% of sales in May. If the current sales pace continues there will 4.63 month supply of homes in Orlando, which will be the lowest since December 2005.

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