Orlando housing market uncertain in midst of coronavirus – Orlando Sentinel

“We just took a punch in the face just like everybody else … but it’s not 2008 by any means,” Charlie Orden, chief executive officer and broker at RE/MAX Town Centre, said, pointing to the more rigorous regulations put in place following the housing crisis. “There’s more protection. In 2008, the banks were financing up to 106% of the purchase price, and today they’re not doing that. They’re stricter on getting financing, they’re stricter on appraisals, they’re stricter on everything.”

Source: orlandosentinel.com