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New report: Orlando-area new-home market could be on verge of bottoming out

May 1, 2009 · Leave a Comment

If no new houses were to hit the Metro Orlando market for the rest of the year, it would take more than eight months to sell the ones already built but still vacant, according to a quarterly report on local housing starts released Wednesday by a national housing-data firm.

The good news in that: It may be another sign that Central Florida’s housing downturn is leveling off,
 

to see the rest of the story click here: http://www.orlandosentinel.com/business/orl-bk-new-homes-orlando-043009,0,1105078.story

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