Thursday, September 20, 2007

20 Month Supply

I'd linked to this article before but I hadn't read all the way through it. Things suck in Orlando.

It would take 9.6 months to sell off all the existing homes on the market, the longest amount of time in at least eight years, according to the Chicago-based realtors group.

Listings in the Orlando, Florida, area show 26,300 homes for sale, a 20-month supply, said Gary Balanoff, a real estate broker with ReMax Select in Oviedo, Florida.