In stark contrast to five years ago, when single-family homes were a sure-fire moneymaker, today’s real estate market calls for a savvy investor. Now that single-family homes constitute a buyer’s market in many major cities in the U.S., it pays to think outside the box and embrace new investment opportunities in locations that will pay returns. Orlando, Florida real estate investments constitute one such opportunity.
Why Property in Orlando?
When it comes to property in Orlando, Florida, you might say that there are 55 million reasons to invest. That’s because there Orlando hosts an estimated 55 million tourists each year – all of whom need a place to stay. In addition, the greater Orlando area generates over a half billion dollars in retail sales and welcomes over 1,200 new adult residents. Even so, the Orlando housing market is considered to be 30 percent undervalued when compared with other major cities in the United States. The city also ranks first in the second home market in the U.S.
It’s no surprise that Orlando, Florida is such a desirable destination. After all, there are 95 family-friendly attractions (think Disney...