I recently came across this article from
Forbes, naming Orlando the #4 market for projected growth in 2018. The reality is that in all of these types of studies, the Orlando Metro is almost always in the top 5…we’ve been there for years, and barring some type of unexpected change, we will continue to be there for a long time.
What does this mean for you?
For buyers, if you thought it was a competitive market already, buckle up! Population growth for 2017 was 2.41%, and for 2018 it is expected to increase to 2.93%, second in the nation. With more potential buyers, and our market still facing a bit of an inventory shortage, expect an intensely competitive market from the early spring to late summer months.
For sellers, just because it will be a more competitive market doesn’t let you off the hook. If your home is not selling, you really need to ask yourself why! You need to put yourself in position to really maximize your dollar.
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For investors, increased projected population growth coupled with what was already a tenant heavy market makes this the perfect time to add to your rental portfolio. This may be the perfect time to make sure you are ready to capitalize.
I’d love to hear from you so we can discuss how I can help you achieve your Real Estate goals in this intricate market. Call me right away at 407.517.8693 or email me at isellcflhomes@gmail.com