ON-DEMAND WEBINAR REPLAY
Orlando Inventory Unveiling
Preston M. Despenas rolls out our newest inventory acquisition, Orlando! Invest in the #2 “best real estate investment region” in the U.S. right now.
Based on a study completed by Local Market Monitor, Orlando is a booming market in terms of real estate investment.
Dabbling in the world of real estate investment for the first time can feel like risky business… but if you play your cards right, you can also strike it big. For new would-be investors, this fine line can seem all too easy to cross. So, what’s the secret? According to experts, it’s all about paying attention to the trends and using those numbers to make projections about the future health of various real estate markets. This includes looking at stats such as unemployment rate, population growth, and housing price growth forecasts.
That said, you don’t have to go about interpreting these numbers all on your own; that’s what the experts are for! Here are the best U.S. markets for investing in real estate according to the pros.
Florida: the land of investment opportunity.
Based on a study completed by Local Market Monitor, a data company based in North Carolina, Florida is one of the top booming markets in terms of real estate investment opportunities. All in all, seven Florida cities snagged a spot on the company’s list of 20 “Best Buy Cities” for 2016. These cities include Orlando, Fort Lauderdale, Cape Coral, North Port, Jacksonville, Tampa and West Palm Beach. Miami was also called out as a hot real estate investment market by BiggerPockets, thanks to its 18.6% year over year ROI and public perception as a great place to live.
Orlando, the number two overall city on the Local Market Monitor list, boasts 6.7% population growth from 2011 to 2014, 3.7% annual job growth, and a 28% three-year home price growth forecast. The current average home price is $202,809. Combined, these figures point to an increasingly strong (and therefore profitable) investment market.