Apr 14, 2009

The Return of Affordable Homes

For first time home buyers or move up buyers, the Orlando real estate market has brought a welcome return of affordable homes across east metro Orlando neighborhoods.

Throughout several quality neighborhoods, there are over 70 single family homes listed at $200,000 or less. There is a large array of homes to choose from and historically low interest rates – in a nutshell, it’s a fine to buy.

For example, on a $200,000 home purchase today, the monthly payment (including property tax, property insurance and HOA) is an estimated $1,267.

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