x As we prepare for the possibility of yet another hurricane in the Orlando area, ORRA will be closed on Friday September 3 and “hopefully” reopen Tuesday September 7. And remember, it’s times like these we cannot take for granted the relationships we have built with our customers. After taking care of your own “house” two weeks ago, did you visit any present and/or past clients to check on their welfare? It’s been told that in a neighborhood near downtown, their mailman, Dan, was seen early Saturday morning checking on his “customers,” especially the elderly and making sure everybody was okay. It was his day off; and he lives in Stonybrook. Have a safe and happy Labor Day weekend.
	Orange & Seminole Counties* Avg. Mtg. Rate Inventory New Listings Sales Pending Back on Market Expired Withdrawn Sales Closed Avg. Days on Market June.03 5.54% 7,448 2,768 1,847 838 290 647 1,769 58 July.03 5.73% 7,267 3,531 2,598 421 325 779 2,002 60 Aug.03 6.78% 7,213 3,238 2,321 505 365 748 1,903 60 Sept.03 6.64% 7,247 3,095 2,108 305 353 731 1,859 59 Oct.03 6.29% 7,308 3,276 2,151 489 304 761 1,906 59 Nov.03 6.23% 6,973 3,266 2,424 236 269 777 2,254 60 Dec.03 5.38% 6,522 2,280 1,992 307 474 585 2,082 61 Jan.04 5.38% 6,605 3,403 2,619 306 305 682 1,512 66 Feb.04 5.45% 6,182 2,918 2,632 363 326 659 1,405 61 Mar.04 5.25% 5,634 3,444 3,387 372 268 696 2,081 59 Apr.04 6.04% 4,995 3,212 3,403 391 197 696 2,036 57 May.04 6.31% 4,650 3,322 3,348 450 162 626 2,131 53 June.04 6.31% 4,360 3,186 3,142 443 164 690 2,526 47 July.04 5.88% 4,128 3,190 2,565 418 149 657 2,421 41 Aug.04 5.69% 3,940 2,652 2,153 359 139 585 1,960 39 * Based on raw data from the MFRMLS Hotsheet reports. Refined figures may be found under Housing Statistics at orlrealtor.com Membership August 2004 August 2003 Unemployment Rate Orlando MSA ORRA 7,826 6,309 July 2004 4.1% CFCRES 306 317 July 2003 5.0% Affiliates 493 529 Applicants 275 151

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