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The Orlando Sentinel is reporting that Mattamy Homes USA, a division of a home builder in Canada plans to start 3 new construction projects this year. These soon to be built communities are panning on adding just over 300 new homes and townhomes starting in the $170's.
These are very optimistic plans given the current market conditions in Central Florida. MLS statistics indicate that during 2008 a total of 224 new homes, or homes built in 2008 sold. Right now there are over 10,000 homes listed for sale in Orlando.
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