real estate

Orlando Named One Of The Hottest Housing Markets For 2019

Orlando Named One Of The Hottest Housing Markets For 2019

There are some signs that the trend is away from the West Coast and toward the South and Southeast,” said Zillow senior economist Aaron Terrazas. “Affordability is attractive—for both young professionals and booming businesses, earning markets like Orlando, Minneapolis, Dallas and Nashville top billing in 2019.”

Florida: Gateway to America, Pathway to Global Trade

Florida: Gateway to America, Pathway to Global Trade

Florida's geographic location makes it one of the primary logistics sites for any business seeking to access either the East Coast or Gulf Coast of the United States. Florida is the only state with seaport access in both the Gulf of Mexico and the Atlantic Ocean. In addition, Florida's location allows for cost-efficient access to the Caribbean and South America.

Orlando Median Home Price Continues To Gain Amid Sales Slowdown

Orlando Median Home Price Continues To Gain Amid Sales Slowdown

Fortunately for Orlando, the housing market is bolstered by a healthy economy, prices that compare favorably to other major cities, and a quality of life that attracts an influx of new residents by the thousands each year. In addition, the Orlando market benefits from international home buyers who look to Orlando for investment and vacation properties.

The Best Cities To Own Rental Property In Florida

The Best Cities To Own Rental Property In Florida

Forbes crunched fed data to determine which U.S. cities offer the best return for a real estate investment; in Fla., Orlando, Tampa and Jacksonville ranked high. Florida boasts fairly low housing prices statewide, many people are still opting to rent instead of buy. As a result, rental rates are skyrocketing.

Now add into the mix low property taxes and insurance, as well as no state income tax. Great climate and top-of-the-line healthcare are bonuses that help make Florida one of, if not the best, states for America’s retiring Baby Boomer masses.

Orlando Home Sales And Median Price Both Rise In March

Orlando Home Sales And Median Price Both Rise In March

Orlando’s median home price jumped more than 10 percent in April when compared to April of last year while sales likewise saw an increase of more than 8 percent, reports the Orlando Regional REALTOR® Association. Inventory declined by nearly 11 percent compared to this time last year.

Orlando Median Home Continues Upward Trend With 10 Percent Increase In February

Orlando Median Home Continues Upward Trend With 10 Percent Increase In February

Year-over-year increases in median price have been recorded for the past 80 consecutive months; as of February 2018, the overall median price is 97.4 percent higher than it was back in July 2011. The median price for single-family homes that changed hands in February increased 11.3 percent over February 2017 and is now $249,250. The median price for condos increased 22.2 percent to $120,950.

2018 Real Estate Trends: Expect Growth in Employment, Population and Visitors

2018 Real Estate Trends: Expect Growth in Employment, Population and Visitors

Florida is growing faster in terms of employment growth than the rest of the U.S., which is good for Florida real estate. The three major drivers of the state’s economy are 1) Florida’s business climate, including real estate sales; 2) the U.S. economy and financial market trends; and 3) the global economy.

Forbes Names Orlando As One Of The Best Cities To Invest

Forbes Names Orlando As One Of The Best Cities To Invest

The land of Mickey Mouse and Harry Potter World takes the No. 1 spot this year. Orlando home prices increased 9% in 2017, hitting an average of $247,550. Nevertheless, Local Market Monitor still judges the market as fairly valued and forecasts prices will increase 35% by the start of 2021.

Florida's Fast-Growth Track May Create Housing Boom

Florida's Fast-Growth Track May Create Housing Boom

Florida has continued to grow at a near nation-leading pace. The state’s population grew by 1.8% in 2016, far more than the 0.7% national population growth rate. Like many of the fastest-growing states, Florida’s rapid population growth was largely due to migration.