Monday, April 21, 2008

Orlando Real Estate Report Shrinking Inventory

The backlog of homes sold by Realtors in the Orlando area edged down slightly in March -- the first time in three years that the local inventory has declined at the start of the spring home-buying season.

"It's moving in the right direction," said Steven Moreira, president of the Orlando Regional Realtor Association, which released its March existing-home-sales report Monday. For full story, please click here.