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Posted on May 25, 2017 - 09:51 AM
by Diane Sterling
Here's what Smart Asset had to say about the local housing market: "From 2011 to 2015 the population in Orlando grew 11.4%, the third-fastest growth in the top 10. During the same time, there was a bit of a housing boom in Orlando. The number of housing units jumped 8.2%. This leaves a difference of 3.2%, meaning more people are chasing fewer housing units. That increases the likelihood that home values will rise. Orlando’s best score came in income growth. Thanks in part to the growing tech industry and the tourism industry, incomes in The City Beautiful grew 16%."