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Soaring Prices Suggest a Florida Phenomenon

Florida property prices are zooming at the same time that the rest of the nation is still recovering.

In Orlando prices had fallen 51% since the peak in 2006. Bargain prices like these have attracted investors, both foreign and domestic.

Demand in Orlando has been strong enough to reduce the time for listed properties to sell by up to 25%.

Posted: 17 September 2011
Source: UPI

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