It's officially summer and also the time of year when more homeowner's put their homes on the market. It's a good thing they do because there has been a short supply of homes for sale and plenty of buyers looking to buy!  Thanks to low interest rates and a good economy, the month of May saw an 11% increase in sales compared to a year ago. Even with an increase in inventory, the 2.14 month supply still clearly makes Orlando a Seller's market. Orlando home prices rose moderately with the median price home up 4% in May to $243,000.
If you are planning to buy or sell a house this year, take advantage of this favorable market and give me a call.