Karen Arbutine & Associates

In The Housing Market You Did Not Lose!

Wed, Aug 12, 2009 at 1:54PM

Many long time home owners are upset over the falling house prices in Orlando, Florida.  Researched shows that current home values are just about where they would have been if the real estate bubble had never inflated and bust in the first place.  Even though prices rose and fell dramatically in recent years, they appear to have settled back into their normal patterns, according to University of Central Florida professor, Mr. Smith.  Many homeowners are within six percent of where thy would have  been had there not been a bubble in the housing market.  They consumers who purchased in 2005 and 2006 who did purchase a home have been hurt significantly.  Historically home values in Central Florida and the Metropolitan Orlando area increased 4.7% a year on the average.  The bubble emerged, with home prices rising in 2005 at 20 percent and in 2006 32 percent. Source: University of Central Florida Source: Orlando Sentinel

Bookmark & Share

User Comments

Be the first to comment on this post below!

Popular tags on this blog

Awards & Recognition | Central Florida New Home Construction | central florida news | Client Appreciation | Entertainment | Finding Your Dream Home | Foreclosures | Golden Oak Real Estate | Heathrow FL News | Hot 100 Realtor Hall of Fame | Housing Market | Karen Arbutine | Longwood FL Home for Sale | Longwood FL News | Luxury New Home Construction | Memorial Day | Mortgage News | New Home Construction | Orlando FL Economy | Orlando Luxury Homes | RE/MAX | Real Estate Myth | Real Estate News | Sales Tax | Selling Bonus |

All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independent verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. The source of the listing data is as follows: My Florida Regional MLS (updated 8/17/18)
Read Our Blog

- OR -

Advanced Search 

Read Our Blog

Your privacy is our utmost concern. We will never sell your personal information. Privacy Policy
©2015 getorlandorealestate.com - all rights reserved. | Site MapThe Lake Mary / Heathrow Florida Real Estate Blog

More Central Florida Real Estate