Orlando foreclosure sales increase.

The MLS reports through March 8th indicate there has been 94 bank owned and homes in foreclosure that have sold thus far in Orlando. Foreclosures in the Orlando area are predicted to increase during 2008.

Orlando home owners are facing tough times as adjustable mortage rates increase and property values decline. Many home owners are looking to short sales to bail out of their homes

Give us a call at 407-681-4432 to discuss the Orlando or Central Florida real estate market.

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