Orlando Area Home Sales Up 20% in November Over 2011

orlando, home sales, november, 2012New numbers show the local housing market is bouncing back a bit.

Home sales in the Orlando area were 20 percent higher last month than they were in November 2011.

Stephen Baker is the chairman of the Orlando Regional Realtor Association, which released the latest numbers. He said the most encouraging sign is a 50-percent increase in traditional home sales, meaning most of the homes on the market are no longer short sales or bank-owned properties.

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