The Most Visited City in America

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Orlando, Florida is a city with a metro area of over 2 million residents and growing. Best known as the home to Walt Disney World, the area is a mecca for tourism. Universal Studios, Sea World, and the new LEGO-Land theme park are also in the Orlando area. These parks along with a robust hospitality industry helped Florida achieve over 53 million visitors in 2011. The Orlando area's average temperature is 72 degrees making it the ideal location for outdoor activities. And with over 200 golf courses, the Orlando area is the Golf Capital of the World. Unknown to many, the Orlando MSA economy is a highly diversified one. The area accounted for nearly 50% of Florida's 100,000 new jobs in 2011.

Here's what some are saying about the Orlando area:

Some of the Orlando area's major employers include:

Orlando is one of two cities in the world building a Medical City.

This 600 acre Medical City under construction is estimated to create 30,000 jobs including:

While its housing market has received much of the negative press in the since the real estate bust, Orlando's real estate is set to recover. Much of the inventory has been absorbed since the peak of nearly 28,000 homes in 2007. Today inventory levels are near 10,000, just 35% of peak, and a supply of just over 5 months (a healthy market is considered less than a 6 month supply)!

With inventory dropping consistently since 2008, home prices have started recovering. Homes are selling at close to 50% of peak value in many neighborhoods which offer solid fundamentals (close to employment, quality housing stock, good schools, close to amenities). In 2011 both the median home price and the average home prices rose. Employment and population growth are set to drive home prices back up.