Sep 1, 2008

Kissimmee REO 40% of August home sales

Early reports for the Mid-Florida MLS indicate that 62 0f the 152 or approximately 40% of the reported sales in Kissimmee for August were bank owned or REO property.

REO sales should continue to make up a significant portion of the future sales in Kissimmee as 10% of the current listing inventory for sale are reported as being bank owned.

Related Florida real estate views:

Kissimmee foreclosure market is heating up

Kissimmee foreclosure

What Central Florida city has the most foreclosed homes for sale?


- Greg Staker - Watson Realty Corp. - 407-304-0255

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