Tuesday, March 5, 2013

Orlando's existing home prices to fall, Fiserv says

A new report by Fiserv Inc. forecasts existing home prices in the Orlando area to fall 8.9 percent through September — a bigger decline than in all but five other U.S. metro areas, the Orlando Sentinel reports.Nationwide, home prices are expected to go up slightly by 0.6 percent from third-quarter 2012 through third-quarter 2013.There is a caveat, however: A previous Fiserv forecast missed the mark in 2011 when the company projected existing home prices in metro Orlando would fall 19 percent.…

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

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