The Orlando Real Estate Market
The housing inventory found in the Orlando Real Estate market is about as diverse as the tastes of the homebuyers. Prices are still reasonable and choices abound. The Central Florida Orlando area has some of the best housing deals and investment opportunities in the country. Home prices begin in the low $100,000's and can go as high as several million dollars, depending upon various factors such as community, the age of the home, and community amenities. New homes in gated communites or areas with a lot of amenities usually command higher prices per square foot.
Single family homes account for about 90 percent of sales. Buyers can choose from any type of home - from a modest bungalow to a magnificent gated mansion. Locations range from urban to rural, lakefront to golf course. Choose from homes in historic neighborhoods to new, gated communities. The best home values are currently found in southwest Orange County, western Osceola County and northeast Seminole County.
The Greater Orlando Area
The Orlando area has attracted more than one million residents in the past 20 years and it is now the 28th largest metropolitan area in the United States. The Orlando metro area, consisting of Orange, Seminole, Osceola and Lake counties, has a population of about 1.7 million. Orange county alone has a population of close to 1 million, with about 200,000 living in Orlando.
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