All Posts in Category: Market Trends

Vacation Homes Fueling Florida’s Economy

It’s no secret that Florida is one of if not the top tourist destinations in the world. The University of Central Florida’s Rosen College of Hospitality Management recently released a report that details how much the vacation rental home industry contributes to the state’s economy annually. The study was conducted by surveying 6,240 tourists, 1,748…

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7 things to know today and Orlando home values fall again

    After rising for 85 consecutive months, home values nationwide dropped for the second straight month in May, including here in Orlando, a new report from Zillow shows. In the Orlando metro area: Home values fell 0.2% month-over-month. The median home is now worth $240,100. The median rent is $1,545, up 6.8% from a…

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Orlando’s Hottest Neighborhoods: Where the most homes were sold in Q1 2019

Central Florida home sales are slowing down. Specifically, the number of single-family houses sold in Orange and Seminole counties declined 11% to 5,811 in first-quarter 2019, when compared with 6,534 homes sold in first-quarter 2018, according to the Orlando Regional Realtor Association. “Orlando’s Q1 sales dip can be attributed in large part to buyer exhaustion…

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