CENTRAL FLORIDA

AT A GLANCE

METRO POPULATION

2.9 MILLION

UNEMPLOYMENT RATE

5.4%

MEDIAN MONTHLY RENT

$1,196

MEDIAN HOME PRICE

$245,483

AVERAGE HIGH/LOW TEMPS

82.8ºF/62.8ºF

AVERAGE ANNUAL SALARY

$56,515

Information from realestate.usnews.com

MARKET HIGHLIGHTS

WHY INVEST IN CENTRAL FLORIDA

The magical city of Orlando continues to grow to meet the demands of its tourism industry, as well as its fast-growing business community. The city is a top location for entrepreneurs and houses a National Entrepreneur Center and The Rollins College Center for Advanced Entrepreneurship that helps keep it a hot location for innovative companies and fresh talent (orlandoedc.com).

Many factors combine to make Central Florida a booming housing market, including these: Mortgage rates are at their lowest levels since the 1960s, housing inventory is plentiful in all price ranges, and long-term economic and demographic trends favor Florida. Still not convinced? How about this: over the long-term, Florida stands to benefit from the migration of about 80 million Baby Boomers (orlandosentinel.com)!

 MARKET HIGHLIGHTS

  • In the Top 100 Best Places to Live list (Livability.com)

  • Named #1 for job growth in the U.S.  (U.S. Department of Labor, Bureau of Labor Statistics)

  • The Orlando-Kissimmee-Sanford metro area ranks #56 in the U.S. as “Best Performing Cities” (Milken Institute)

  • Walt Disney Company, Lockheed Martin, Siemens Energy, and Mitsubishi-Hitachi Power Systems are all located in Orlando

SAMPLE PROPERTIES

Davenport, FL.png

Davenport, FL

Built in 2003, 1406 square feet, 3 bedrooms, 2 bathrooms.

Purchase Price

$290,000

Ocala, FL.png

Ocala, FL

Built in 2022, 1836 square feet, 3 bedrooms, 2 bathrooms.

Purchase Price

$257,500

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Newberry, FL

Built in 2022, 2317 square feet, 4 bedrooms, 3 bathrooms.

Purchase Price

$347,990