Orlando, Florida is one of the only places where magic castles and palm trees go hand in hand with orcas and alligators; and world class golf courses are as abundant as the number of students at the University of Central Florida. The city has so many different attractions and things to do that it’s no wonder it is one of the top tourist destinations in the country. Orlando is home to the famous Walt Disney World, Universal Orlando Resort, and Sea World. These world-renowned resorts bring people from all over the world every year and help to create thousands of jobs for residents living in the area. Other major attractions like; Gatorland, a reptile theme park; Holy Land, a Jerusalem replica; and Ripley’s Believe It or Not Museum are just a few of the many different attractions that make the city one of the best places to visit. Millions of dollars in tourism over the years has helped to transform the city of Orlando into a thriving metropolis with numerous businesses, restaurants, and some of the largest malls in America. As more jobs are created from the growing tourism industry, people from all over the country are moving to Orlando. Thousands of new home sales make the city one of the largest housing markets in the country.
The city of Orlando is spread out over a fairly large area. Its convenient location in the central part of Florida makes it less susceptible to hurricanes and other coastal storms that affect much of the rest of the state. With a history dating back as far as 1885, the city has a rich culture that includes both Native American traditions and early settler’s colonial charm. Today, the city has experienced significant growth with 230,514 living within the city limits and 2 million living in the surrounding metropolis. As the city continues to expand, more and more businesses have moved to the area and create jobs for the city’s growing job market. Read more »
While Orlando receives a lot of attention for its lucrative tourism industry, the city is also home to a rapidly expanding technology industry. The industry is a $13.4 billion dollar market that employs over 53,000 employs. Over 150 different hi-tech companies have found the area a perfect place for operations. Companies ranging from research and development to electronic gaming have moved to the area to take advantage of the large job market of highly skilled employees. The location of the University of Central Florida in Orlando has helped to provided highly skilled recent graduates to numerous companies. The university, itself, is one of the largest in the nation and creates thousands of jobs for the city. Along with the help from the major tourist resorts, Orlando has benefitted from a large number of jobs available. Jobs bring people from all over the country to the city and help builders sell new homes as people relocate.
Sales Trends
The Orlando housing market has had a lot of activity as more people move to the area. Housing sales have remained far above most of the rest of the country with 10,284 home sales in 2008. Home buyers have been intrigued by the job availability and numerous activities the city offers. With the creation of 120,000 jobs from 2005 to 2007, Orlando has one of the lowest unemployment rates for a city of its size. Time and time again, jobs bring people and Orlando is no exception. With so many different attractions also available, the city is one of the most sought after housing markets in the country. « Close »














