Central Business District 1,000 acres Businesses 1,100+ New Residential Units 4,300 (since 2000) Traffic 175,000 AADT on Interstate 4* Parking More than 33,000 public, private and metered spaces Sports Venues 3 *Annual Average Daily Traffic Livin’ Population 43,388 Households 20,520 Average Household Income $66,242 Median...

Paramount - Street level

Orlando is the Best City To Own Rental Property In Florida

Florida is an intriguing state when it comes to buying and owning rental property. On one hand, demand for homes — especially single-family homes — has been consistently on the rise in Florida. Yet despite the demand, it doesn’t necessarily convert to more homebuyers. Instead, even though Florida boasts fairly low housing prices statewide, many people are still opting to rent instead of buy. As a...

Downtown Orlando - Lake Eola Park

URBANISTA – Millennial renters in no hurry to buy homes

While 89 percent of millennial renters say they plan to buy a home someday, just 4 percent expect to buy in 2019 and 30 percent say they will wait at least five years. For most of the millennials in the survey, affordability is the biggest obstacle for their purchase, cited by 72 percent. While cash needs are the paramount obstacle, 38 percent of millennials say they have bad credit and 29 percent say...

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