If you plan on buying a home in Orlando, now is apparently the time. Forbes recently announced that Orlando is currently the best city in the nation to buy a home, due to prices increasing by 9 percent in 2017. Citing Local Market Monitor, a website that tracks housing markets, Forbes says home prices in Orlando are projected to increase by 35 percent over the next three years. This puts the City...
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...
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Central Florida's still-slow residential real estate market now is taking its toll on the Realtor association membership rolls statewide. On the local front, the Orlando Regional Realtor Association's just-released numbers show a 13.3 percent membership drop from 12,616 in 2007 to 10,940 through Feb. 26 this year -- a 19 percent drop from the association's all-time high of 13,500 in 2006 during the peak...