Hi Free
I am in East Orlando. The markets are bottoming right now, but there is about 9 months worth of inventory counting condos etc(minus condos etc, about 6 months of inventory)here. Normal inventory is about 3 months. Basically you have to price your home based on competition in the marketplace, not on what you can get the home appraised for, in a buyers market. Lower tier on the price range is where to be. Most people tend to price their house on the upper tier of the price range and when they reduce the price with everyone else, they are still on the upper tier of the range. Basically, you have to look at how much you put into the property, verses the return on investment, to get a proper perspective. Always amazes me how someone puts in 15K and they have a potential of making 100K in one year and don't think that is great.... Good luck in selling your properties.
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