The Florida real estate market was hit especially hard by the 2008 housing market crash, and while it certainly caused its share of issues for homeowners and investors, it also led to Orlando becoming an investor’s dream market. Just a couple of years after the crash, it was quite possible to buy Orlando properties at auction for pennies on the dollar — which, in turn, gave you cheap options for flipping or renting.
But while 2010 may have led to Orlando becoming an investor’s playground, the Orlando market started to make a comeback in 2014 — and it’s only gotten more expensive since. That said, while the good old days of investing in Orlando real estate for pennies on the dollar may be gone, the future of investing in this central Florida city is still bright.
Right now, Orlando — and central Florida in general — are great places to invest, and that is especially true if you need a reason to visit Florida, need a tax write-off, or have a dream of retiring in the area someday. With strong demand and low inventory — there is currently less than one month of housing supply — prices will continue to climb. In turn, this will provide equity growth that should outpace inflation.
And, with more people continuing to move to the Orlando area, rental demand will continue to grow in tandem with the market rents. All of these factors add validity to the idea that the Orlando market is prime for investment action.
How employment affects the Orlando housing market
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