Orlando Real Estate Market Offers Many Incentives

 When was the last time you were in Orlando?  If you’ve been before, you already know what a wonderful place it is, with a little bit of something for everyone.  With a thriving Downtown, the academia surroundings of the University of Central Florida, the more cultural side of Winter Park and the luxury of Isleworth and Windermere areas, there is bound to be something to connect you with the city. 

If you’ve never been to Orlando before, you should also know the real estate in the area has become a mecca for the investment-savvy or anyone looking to purchase a new home for a great price.  The proof is in the numbers:  The median sales price of all homes sold in the Orlando area is 6.91 percent lower at $94,950 in January when compared to last year.

According to the Orlando Convention and Visitors Bureau, approximately 47 million visitors make the trip to Orlando each year. Approximately 43.3 million of those guests are domestic visitors and 3.3 are international visitors.  Tourists flock to the sunny destination for the many tourist attractions Orlando has to offer.  Universal Studios, Disney World, world-class restaurants and great entertainment are all available for those making the trip to Orlando every year. 

The attraction for tourists is also what makes many each year relocate to Orlando.  Some see the potential that a consistent tourist industry can offer for business in the area.  The tourism industry accounts for more than 236,556 jobs in Central Florida, making it the region's largest employer.  The tourism in Orlando also produces an incentive to many others looking to relocate and invest in real estate for more convenient reasons, whatever they may be.  Such individuals making the move are being rewarded with fantastic savings on real estate. 

There are many homes for sale in Orlando, followed with a reputation for being one of the hottest real estate markets in the country.  This is because Orlando is able to offer value for investment compared to many other markets across the country.  The value also comes in the form of easily accessible entertainment venues, as well as close proximity to the beaches, varied industries, and anything else one might want or need.