CENTRAL FLORIDA
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AT A GLANCE
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METRO POPULATION
3.9 MILLION
UNEMPLOYMENT RATE
3.0%
MEDIAN MONTHLY RENT
$1,500 - $1,800
AVERAGE HOME PRICE
$265,483 - $278,222
AVERAGE HIGH/LOW TEMPS
82.8ºF/62.8ºF
AVERAGE ANNUAL SALARY
$56,515
Information from realestate.usnews.com
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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
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In the Top 100 Best Places to Live list (Livability.com)
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Named #1 for job growth in the U.S. (U.S. Department of Labor, Bureau of Labor Statistics)
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The Orlando-Kissimmee-Sanford metro area ranks #56 in the U.S. as “Best Performing Cities” (Milken Institute)
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Walt Disney Company, Lockheed Martin, Siemens Energy, and Mitsubishi-Hitachi Power Systems are all located in Orlando
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