Why can't I sell my house?!?
Well, I suppose the short answer is that nobody has any cash around this little corner of heaven.
I see on the news that MetrOrlando has the dubious distinction of having the 7th highest foreclosure rate in the country.
Roughly 1 out of every 18 households are in default on their mortgages, a total of 46,843 homes.
If that sounds like an awful lot, that's because it is--three times higher than last year.
I guess that explains why nobody's buying any real estate down here . . . guess I'll just have to keep toting two mortgages til this thing turns around . . .
Labels: Central Florida, economy, Orlando
posted by wsmv at
8:35 PM
2 Comments:
That sucks! Sorry about the extra mortgage...but the house rocks, you'll surely sell it when people are out of the red again!
Yeah, I think I may have to consider renting it in the mean time . . .
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