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Orlando Real Estate Outlook

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The Orlando Real Estate Outlook and Key Players in the Industry
Real Estate Outlook
The real estate industry in Orlando FL continues to benefit from changing demographic trends and long-term economic growth. The other contributing factors include increased propensity for job growth in the private sector. In 2014, the price of houses in the city appreciated by 4.7 percent in line with the national appreciation rate. Between 2012 and 2014, the appreciation rate in the city area was actually 40%, compared to the national figure of 28%. Following the appreciation, a home purchased in Florida around 2009 would on average appreciate in value by $33,641 five years later. Recent statistics indicate that in 2015, the annual Orlando housing market prices …show more content…

The average listing price for homes for sale in Lake Nona and Meadow Woods in 2015 was $675,026 and $238,159 respectively. Despite the growth in the housing sector, the city continues to experience problems with delinquent mortgages and foreclosures. However, analysts expect the housing market in the city to continue posting growth, thanks to low unemployment rate, continued job growth, low mortgage rates, high affordability and the entry of millennial home buyers. The properties available for sale and rent in Florida include; single family homes, duplexes, villas, condos, townhomes, studios, community housing, apartments and …show more content…

If you want to sell your property, a property manager can sell or market your rental home to potential buyers or tenants. The most popular marketing techniques in use today, include the internet and signage. A real estate manager can list your property on the safe and secure online Multiple Listing Service (MLS) to catch the eyes of buyers. The most popular sites on the internet for real estate listings include; Zillow.com and Realtor.com. Property managers can also help you setup a professional signage at the front yard to attract potential tenants and

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