Mid-Florida MLS numbers for 2008 indicate that bank-owned foreclosures are playing a big part in the total sales transactions handled this year in Osceola County home of Kissimmee Florida.
Records reviewed today show that of the 758 reported sales in Osceola County, 163 were listed as bank-owned. These numbers should continue to hold true through-out the year with over 18% of the active inventory listed are described as being either bank owned or pre-foreclosure.
Investors looking for the better deals may find that bank owned homes are better alternatives when compared to short sales in that bank owned homes have a higher chance of closing.
Related Florida real estate views:
Kissimmee foreclosure market is heating up
Kissimmee foreclosure
7% of Kissimmee listed home inventory are foreclosures
- Greg Staker - Watson Realty Corp. - 407-304-0255
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