Today on Yahoo Finance there is an article from Forbes naming the top 10 markets for real estate investment. Orlando is ranked number 10, although they do not really explain the rationale for the rankings. New York, San Francisco, and pretty much all the others in the top 10 have prices well above Orlando's median of $217,500 (June 08). The article is geared more toward the offshore investor, who seem to be the only investors with money these days. So, I guess the price ranges of some of these other markets are not as daunting.
January Financial - Foothill Ranch, CA
I would be interested in seeing their criteria for choosing the markets. I wonder how in-depth they got, or if they're just looking at declining prices. Are they taking into account growth potential, jobs, schools, all that?
Jul 16, 2008 04:53 AM
Century 21 Beal, Inc. - College Station, TX
I would like to know how they came up with those markets. I'll check out the article. Thanks.
Jul 16, 2008 05:02 AM
Century 21 Professional Group - Orlando, FL
Orlando right now is a good market for investors. So far this year my out-of-state investors from NJ, NY and WA purchased properties in Orlando. I just got a sale contract with an investor from Bulgaria.
Jul 16, 2008 05:04 AM
Charles Rutenberg Realty - Orlando, FL
Real Estate Optimist - #OrlandoRealEstate
Jin,
Thanks for the feedback. I don't generally work with a lot of investors purchasing here in Orlando. My friends that work the international market, say they are having a pretty good year. If you are not already a member, check out ORIC - the international council at ORRA.
Jul 17, 2008 06:48 AM
The Viking Team, Realty - Winter Park, FL
A Knowledgable Central Florida Realtor
ORIC is fantastic, I wish I could make it out to more of their functions, but its great for networking and education.
Sep 23, 2011 05:52 PM
Rainmaker
239,654
239,654
David Welch
Real Estate Optimist - #OrlandoRealEstate
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