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Updated almost 9 years ago, 02/28/2016
Are we heading for a 'bubble' in Orlando Real Estate?
In reviewing the latest Orlando Real Estate statistics, there is a concern that house prices are rising so fast that they are becoming out of reach for the average citizen. If this continues, banks' loan business will eventually falter and there will be pressure on them (and the government) to ease lending criteria further (they have already dropped credit score requirements to 580 in some cases).
Does this sound familiar (2005/2006/2007)?
What do the voices of BP think?