Thursday, February 28, 2013

More signs show housing slump is disappearing (slideshow)

Here is another indicator that the Central Florida housing market is back: The number of mortgages issued for new construction in 2012 rose 6.7 percent, according to data compiled by Springfield, Va.-based MortgageDataWeb.com.That’s the good news.Here’s the bad news: While the number of new construction mortgages issued in Orange, Osceola, Seminole and Lake counties rose during the past three years, the 1,938 new construction mortgages issued in the region were 47 percent less than the 3,661…

Read More... [Source: Residential Real Estate News - Residential Real Estate News Headlines | Bizjournals.com]

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