Orlando Regional Realtor Association Market Pulse
Posted by Lisa Jones on Tuesday, September 15, 2020 at 1:06 PM
By Lisa Jones / September 15, 2020
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The latest Orlando Regional Realtor Association Market Pulse report is out and it's filled with good news.
August activity shows that despite a lack of inventory, sales are rolling full steam ahead. Inventory in August 2020 is down 22% from August 2019 yet new contracts are up 10% and total under contract is up 14%
Record low mortgage rates are helping to fuel the drive and that can be seen with the 4% increase in sales closed from August 2019 to August 2020.
For a more in depth look visit ORRA's September 2020 Market Pulse report.
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