Local

3 stats sum up the tension in the local housing market

ORLANDO, Fla. — Editor’s note: This story is available as a result of a content partnership between WFTV and the Orlando Business Journal.

New data from the Orlando Regional Realtor Association helps shine a light on a tension in metro Orlando’s housing market that is leaving both buyers and sellers frustrated.

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The tension can be understood through three important data points in the association’s recently released snapshot for October:

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  • The interest rate in October was 7.8%, up from 7.3% in September, accounting for the highest rate in metro Orlando since April 2001.

Click here to read the full story on the Orlando Business Journal’s website.

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