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The real estate market may be slowing, but Central Florida companies certainly cashed in during the last years boom. Richard
Ellis’ multi-housing team handled $5.2 billion in apartment sales for
2005. The effort, which was statewide, included 141 properties,
with 44,000 apartments.
The Central Florida Division of Avatar Properties showed 306
new-home sales in the last quarter and finished the year with 1,352
sales at $416 million. The average sale in 2005 was $241,032.
Other areas saw sales averages of$462,393. M/I Homes recorded sales of 580 houses in 10 Orlando developments last year.
Vance Realty Group reported $23.1 million in sales for January.
In 2005, they had a record $214.3 million in sales. Kelly Price & Co. in Winter Park showed $200 million in sales last year, The
list of banner year sales goes on and on. Reports of slowdowns
have filled recent news articles in local newspapers in Florida.
Some experts dispute slowdown talk, and instead explain that it’s a
natural leveling off period right now. Patricia Fuller Tampa Real Estate | Florida Realty Finder | Real Estate Press
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