Orlando forms an essential part of the BRIC Group news articles categories for two reasons. Firstly, it’s the most popular holiday destination in Florida, welcoming millions of tourists every year who visit the city’s numerous theme parks that include some of the best-known in the world. It’s also the engine behind tourism-related employment in the Sunshine State. Secondly, Florida is a main centre for BRIC Group investment products and as such, forms a focal point of interest for our investors.
We therefore cover news and updates about Orlando with particular focus on the local economy, tourism and the property market. Along with Tampa, Cape Coral and Miami, Orlando regularly features as one of the best places to invest in property in the US. Our news articles report on these rankings and their rationale. Research sources for this section include Florida Realtors, Visit Florida and local papers such as the Orlando Sentinel.
A study of the profile of US property buyers in 2016 revealed an increase in first-time purchases and an overwhelming preference for single family homes. It also showed a market still much in favour of the seller.
Latest statistics reveal that Florida property prices went up yet again in October. This latest monthly rise is the 59th in a row showing the market continues to forge a full recovery.
The end of the year means investment prediction time. The latest Emerging Trends in Real Estate forecasts which US property markets are the ones to watch in 2017. Unsurprisingly after an excellent 2016, Florida property is one to keep a keen eye on.
A recent report from Freddie Mac finds that the Orlando property market is the fastest growing in the US and has a stable outlook for growth. This BRIC Group news article explores the reasons behind the surge in the market and explains how it’s part of a bigger picture of the improving property market in Florida generally.