Right now being able to find cheap house does not necessarily mean the houses are of poor quality. The increase of REO properties being listed for incredibly prices is affecting home values across Florida, lowering house prices.
Houses price at or below $100,000 are becoming increasingly common. Here is a brief look of inventory levels per select counties of homes priced at a maximum of $100,000.
- Lake - 330 houses
- Orange - 896 houses
- Osceola - 497 houses
- Seminole - 165 houses
- Volusia - 522 houses
These numbers change daily. If you are interested in finding a cheap house but a good house in Central Florida, contact me for assistance.
Related Florida real estate views:
How long will it take to start seeing upward trends in home prices?
How can you avoid overpaying for a home in Florida?
No comments:
Post a Comment