Florida’s Rise in Housing Market

by | May 15, 2015 | Real Estate

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Orlando, Florida is home to national and international tourist sites, including Walt Disney World, Sea World and Universal Orlando. Orlando is also home to many historical and culturally rich neighborhoods and a wealth of daily activities to see and do year round, as well as home to many Fortune 500 companies. Real estate opportunities for both buying and selling are on the rise. Like Orlando’s sister cities in Florida, the tourism industry is booming, with many families and adults enjoying vacation time in Orlando, then they wind up moving and making Orlando their home. The Florida real estate market has seen a 9% upward return due to the increase in employment opportunities.

Where to Live in Orlando

Real estate homes for sale in Orlando Florida, includes a downtown area which is a great place to live and work, as young professionals bring vitality to the downtown areas. Just north of downtown are neighborhoods like Ivanhoe Village and Loch Haven Park, which contain antique shops, museums, dining spots and beautiful residential areas. Thornton Park is east of downtown Orlando and is a vibrant Vietnamese and Thai neighborhood with residential homes and great dining area. On the east side of downtown Orlando includes the great campus life of the University of Central Florida, featuring condos, townhomes, lofts, and single family homes. On the south side of Orlando, is the home of Disney World and other international tourist favorites are located. The city of Kissimmee has upscale single family homes.

Property Types

Real estate homes for sale Orlando Florida also features property types like multi-family properties, single family homes, condominiums, townhomes, row homes, co-ops, manufactured mobile homes, well-planned adult living communities, farms, ranches, mobile homes, including plenty of undeveloped land to potential businesses. The city of Orlando is enjoying the overall rise of the state’s housing market in what is presently, a stable real estate market. The 2015 fourth quarter reports, until the present 2015 real estate market, shows sales are up for both single family homes and condominiums. Orlando is in a boom, after recovering from a somewhat distressed period. The overall 2015 median price for all sales types have greatly improved and there is a rebound in first-time home buyers.

Find and Sell Your Home with the Right Realtor

In searching individual real estate homes for sale in Orlando, Florida, has had a large impact on the market, both regionally and internationally. The latest change in real estate search engines, involves Robert Murdoch acquiring the realtor.com and Zillow. Orlando real estate agents are paying close attention to this area in order to provide more informed and more accurate information to their clients and agents. Real estate companies for agents like Business Name, provides error-free realty information with advanced features which includes the Business Name mobile app for your smartphone or tablet and website features which allow you to store search preferences, add homes to your favorites, and share your real estate information through social media.

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