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Metro population:

3.3 million

Median Home Income:

42,418 dollars

Unemployment rate:

2.9%

Median house prices:

156,117 dollars

Median monthly rent:

1,304 dollars

Overview of the Orlando real estate market

Orlando is the fourth largest city in the state of Florida and the 73rd largest city in the United States. The city is located in the "Sun Belt" region of Florida, this city is known for its warm climate, beautiful beaches, and even more so for its world-famous amusement parks, entertainment and attractions.

With a population of 3.3 million in the overall metropolitan area, Orlando's real estate market is driven by job seekers, retired Baby Boomers, and students who want to live in a "cheap and cheerful" area that offers high quality living at an affordable price. For investors looking to invest in real estate, these are Excellent signs that this is the place to invest.

This area has so far yielded impressive results for real estate investors and this trend may continue in the coming years as well. To date, property prices have risen, appraisal rates are steadily rising and the cost of living remains below the national average.

Other reasons to love Orlando:

• Forbes reports that 72 million visitors visit the Orlando area each year, making it the most visited tourist destination in the state.
• Rents have grown by 7.5% in the last 12 months, which is higher than the national and state levels.
• The Orlando population has grown by 52% since 2000 and is expected to grow by a further 5.3% in the coming year, which means that the demand for housing is steadily increasing.
• Amazon has brought 4,000 jobs to Central Florida, and is the current leader in job creation and population growth in the state.
• Orlando was recently named the "hottest" single-family real estate market among the 50 largest metro areas in the US (Quarterly Report by Ten-X Research). According to the report, Orlando rose to the Top Market ranking. of the state due to limited supply, rising home values, many jobs and revenue growth, especially in the leisure/hospitality and medical sectors, in the Lake Nona area which many medical centers see as Florida's Silicon Valley.

Why invest here?

Orlando offers great opportunities to buy and hold investment real estate today. This is especially true for investors looking to invest in one of the nation's fastest growing economies while prices are still below pre-recession peaks.

• Trends

Overview Housing market trends Trends in the population employment Conclusions Overview

 

Orlando Trends and Statistics

In this section you will learn about the key factors that make Orlando one of the most powerful real estate markets including job growth, population growth and growth potential.

Check out Orlando's housing, population and employment market in the tabs above to learn more.

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Sources of information:

• https://www.zillow.com/orlando-kissimmee-sanford-metro-fl_r394943/home-values/
• https://factfinder.census.gov/
• https://www.deptofnumbers.com/employment/florida/orlando/

Housing market trends

Real estate prices in Orlando are slightly less expensive than other US markets today.

• In January 2018 the median price of single-family homes with 3 bedrooms in the Orlando metro area was $ 201,000. That's slightly below the $ 202,000 national average.
• In neighborhoods where RWN members invest, the median price of 3-bedroom homes was $ 156,000 in January 2018. This is 23% lower than the $ 202,000 national average.
• This shows us that property values ​​in Orlando are slightly less expensive than many other U.S. marketers today; In neighborhoods where RWN members invest, great deals can still be obtained.

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In some Orlando neighborhoods a strong monthly income can be generated.

• In January 2018, the median monthly rent for 3 bedrooms in Orlando was $ 1,400, which is 0.70% of the purchase price of $ 201,000. This is slightly below the national purchase and rent ratio of 0.71%.
• In neighborhoods where RWN members invest, the median monthly rent for 3-bedroom homes was $ 1,300, which is 0.84% ​​of the $ 156,000 purchase price.
• This shows us that a strong monthly income can be generated in Orlando, especially in neighborhoods where RWN members invest.
• Another important thing to consider: Orlando apartment prices are still below their pre-recession peak, indicating that prices have not reached bubble levels and will continue to grow in the coming years. In light of the growing population, rents are likely to continue to rise as well.

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Orlando's home values ​​are valued much faster than other cities in the United States.

• In January 2012 the median price of 3-bedroom homes in Orlando was $ 110,000. This means that in the last six years (January 2012 to January 2018), homes with 3 bedrooms in Orlando have been valued at over 66%. This is 61% higher than the national average of 41% during this period.
• This shows us that home values ​​in Orlando are valued much faster than other markets across the state today.

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Rents in Orlando are also rising much faster than other cities.

• In January 2012, the median rent for three-bedroom homes in Orlando was just under $ 3. This means that in the last six years (January 1,400 to January 2012) rents in Orlando have been estimated at more than 2018% compared to 23% nationwide.
• It shows us, home values ​​and rents in Orlando are valued much faster than other marketers across the state today. Given Orlando's rapid population growth and its growth, it is likely that this trend will continue to advance.

Trends in the population

Orlando's population has grown 227% faster than the national average since 2010.

• Since 2010, Orlando's population has grown by more than 17%. At that time the national population grew by only 5%.
• This shows us that the Orlando population is growing at a rate of 227% of the national average. This means that Orlando is experiencing population growth at a much faster rate than in most cities in the US today.

employment

Orlando produces jobs at twice the national average.

• In the past year, the number of jobs in Orlando has grown by more than 4% compared to the annual growth rate in the US of less than 2%.
• This shows us that in addition to rapid population growth, Orlando is also experiencing healthy employment growth.
• These two factors together should continue to fuel the demand for housing, which is expected to maintain high sales and drive further price increases in 2019 and beyond.
• In addition to low property taxes and insurance, there is no state income tax. Add warm weather and exceptional health and you will understand why so many companies are moving to Orlando.

Conclusions

Orlando is still lucrative and generates handsome cash flow for investors

• In neighborhoods where we invest the median price of 3-bedroom homes was $ 156,000 in January 2018. This is 23% lower than the national average of $ 187,000.
• In neighborhoods where Nadlan members invest, the median monthly rent for 3-bedroom homes was $ 1,300, which is 0.84% ​​of the $ 156,000 purchase price.
• This shows us that Orlando property values ​​are more expensive than many other U.S. marketers today, but in some neighborhoods it is still possible to purchase affordable homes that will generate strong cash flow.

Orlando home prices and rents are rising rapidly 

• In the last six years (January 2012 to January 2018), homes with 3 bedrooms in Orlando have been valued at over 66%. This is 61% higher than the national average of 41% during this period.
• At the time, rents in Orlando were estimated at more than 23% compared to 17% nationwide.
• This shows us that home and rent values ​​in Orlando are valued much faster than other marketers across the state today. Given Orlando's rapid population growth and jobs growth, this trend is likely to continue to move forward.

Orlando is growing rapidly

• Since 2010, Orlando's population has grown by more than 17%. At that time the national population grew by only 5%.
• This shows us that the Orlando population is growing at a rate of 227% of the national average. This means that Orlando is experiencing population growth at a much faster rate than most other American cities today.

Orlando creates tons of jobs.

• In the past year, the number of jobs in Orlando has grown by more than 4% compared to the annual growth rate in the US of less than 2%.
• This shows us that in addition to rapid population growth, Orlando is also experiencing healthy employment growth. These two factors together should continue to fuel the demand for housing, which is expected to maintain high sales and drive further price increases in 2019 and beyond.

• Large employers

• News

• "Orlando ranks second in the largest cities in America" ​​- Forbes
• "#2 best city for future job growth" - Forbes
• "One of ten great cities for 50+ home seekers" - Aarp
• "2016 Destination: Orlando" - value
• "#1 Best City for First Time Home Buyers" - Internal businessman
• "The best family vacation in the USA" - US News

• Learning resources

• Our local staff in the area

The area - general information about Orlando

אורלנדו (BEnglish: Orlando) She The capital orange county בFlorida Sit downארצות הברית.

The city has about 287,442 residents (2019), When the area of ​​the greater city has about 2,509,831 inhabitants.

The city is known for the many tourist sites in its vicinity, including The resort Disney World, And theme parks Universal Orlando Resort וSeaworld.

Most of the city's economy is based on tourism, which brings hundreds of millions of dollars into the area each year. in the year 2004 About 48 million tourists came to the city. In addition, due to the proximity toCanadian Space Center, Are located in the area of ​​many aerospace industries. mature Amusement parks Many near it, Orlando is called "the amusement park of the United States". Prominent examples of this are the parks Disney World, Universal Studios Orlando, Seaworld וBush Gardens.

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Lior Lustig

Lior Lustig CEO - Overseas Investors Forum

• [email protected]
• 072 - 257-7374
• (978) 600-8229

15 's consultation call for minutes

Lior Lustig is an experienced real estate investor who has been active in the field in Israel and the USA since 2007. Lior has extensive experience in the purchase and management of houses and multi-family buildings.

Lior currently manages the Real Estate Investors Forum, which owns the real estate brand and, for that matter, the Facebook group and the "US Real Estate Forum" website.

Lior is versatile in a wide variety of investment markets in the United States and provides solutions to investors through the company in the fields of investments, financing and real estate studies.