the Real Estate Market is done!

At least in Orlando. We got an email this past week from a realtor that said the housing listings in Orange County have hit an all time high. Not only that but we've noticed houses sitting on the market longer, and people that ask outrageous prices for their homes are selling for much less in the end.

This is really great for buyers, really bad for sellers. We're expecting to see forclosure sales as interest rates go up, and really great prices on homes in new subdivisions that investers were hoping to flip. Looks like the market flipped on them instead!

Keep your eyes open for some greally good prices on Real Estate over the next two to three years. Especially if you are looking in Orange County, Florida!!