I think we can all use some positive news, wouldn't you say?

Here's a "positive" fact: In the U.S., 96.7% of all homes with a mortgage are NOT in foreclosure!

And this, from the Orlando Realtor Association:

Orlando REALTORS® filed 58.36% more contracts in the month of February (2,434) than in February 2008 (1,537). Overall, pending sales — considered by housing economists to be a reliable indicator of future sales — continued its upward trend in February to 4,348. There are twice as many more homes under contract in February 2009 than compared to February 2008 (2,175). The median price of Orlando homes sold in February ($145,500) decreased by 34.75% compared to February 2008. (Sorry, that part isn't good news, but we have to take the good with the bad)

Last week 3 properties went under contract in College Park. They were listed between $74,900 - $199,900.

Average mortgage rates dropped last week to 5.03% on a 30 year fixed and rates on a 15 yr. fixed fell to 4.64%. (These rates do not include add on points)

CLOSED SALES: 3/9/2009 - 3/15/2009
976 W FAIRBANKS AVE: 3/2 - 1,055 sq/ft - $80,000

OTHER MARKET ACTIVITY: 3/9/2009 - 3/15/2009
New Listings: 7
Pending Sales: 3
Price Reductions: 18

PRESENTLY ON THE MARKET: 3/15/2009
Active Listings: 287
Under 100K: 10
100K - 199,999: 53
200K - 299,999: 93
300K - 399,999: 43
400K - 499,999: 19
500K - 599,999: 13
600K - 699,999: 24
700K - 799,999: 7
800K - 899,999: 7
900K - 999,999: 3
Over $1,000,000: 15
Total Pending Sales: 25

The above numbers come from single family homes and condos listed in the MLS in the 32804 zip code. Please contact me for more specific information, or for statistics on commercial property or vacant land.