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What are buyers waiting for in Orlando?

The inventory is high, prices have come down about 10% by some measures, and interest rates remain low. I am just trying to figure out why so many people are still waiting to buy a home. Our property manager leased a record number of properties in 2007. Renting is almost always a losing proposition in the long term. Even if home prices fall another 5% you would be in about the same position financially as renting for another year on average. www.davidwelch.com
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January 08 2008 - Conway
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