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Orlando Real Estate
Market Information |
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Metro Orlando awaits
jobs bonanza at Lake Nona medical city |
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Article
from Orlando Sentinel, September 20, 2009 |
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By Mary
Shanklin, Sentinel Staff Writer |
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Next month,
officials will dedicate the
Burnham Institute for Medical Research, crown jewel of
the medical city emerging in southeast Orlando. Come spring, the new
building for the
University of Central Florida's College of Medicine will
open there, too.
[excerpt] Burnham has promised to eventually employ at
least 300 scientists and staff, while the medical school expects to
have 350 jobs once fully up and running. In addition, the two
facilities — combined with the Burnett school, other research
operations, a Nemours Children's Hospital and a Department of
Veterans Affairs hospital — are projected to attract or generate
thousands of additional jobs in coming years. [read
full article] [PDF] |
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The winds of change
have created an ideal environment for homebuyers. |
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Article from
Orlando Regional Realtors Association
website |
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Inventory,
interest rates, and steady appreciation values continue
to create an opportune environment for those looking to
purchase homes in the Orlando area.
“With
the increased inventory in Central Florida and the lower
buyer demand that traditionally takes place in the first
quarter, homebuyers are going to find more for their
money right how,” says Orlando economist Hank Fishkind.
[more]
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So what does $250,000 get you these days? |
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Article from
Orlando Regional Realtors Association
website |
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and
Orlando
Sentinel, February 11, 2007 |
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The median resale price of a home in Central Florida has hovered at
a quarter of a million dollars for almost a year. |
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A cool quarter of a
million dollars. Two hundred and fifty grand. That's roughly what it
takes to buy a typical used home in Central Florida these days.
Existing-home sales
soared to record heights in 2004-05, taking prices with them: The
median resale price of a home in the Orlando area rose more than 60
percent in those two years alone, according to data gathered by the
Orlando Regional Realtor Association. [more] |
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