Category Archives: Florida Market Data

Orlando expected to attract 53.4 million visitors in 2011

Posted on November 9, 2011 by Ryan Hinricher

In 2010, Orlando became the first city to cross the 50 million visitors in a year threshold with 51.5 million, beating New York City.  In 2011, that number expected to rise to 53.4 million visitors according to a forecast by Visit Orlando and its research vendor Tourism Economics.   Conventions … Continue reading →

SeaWorld and Disney to add new parks

Posted on November 9, 2011 by Ryan Hinricher

In September, Disney announced it was building a $400 million dollar Avatar theme park near its Animal Kingdom.  The project will start construction in 2013 and open in 2016, five years from now. and… SeaWorld announced this week it was building 3 new theme parks including: Antarctica – Empire of … Continue reading →

Two Investor Nation Markets in Top Twenty to Invest:

Posted on October 20, 2011 by Ryan Hinricher

Orlando edged up one spot to become the 3rd best market to invest in, while Memphis vaulted 7 spots to enter the top 20, according to a forecast by Local Market Monitor, Inc.  The firm’s rankings show the return risk premium, or extra return that can be added to the … Continue reading →

Orlando Inventory Update:

Posted on October 19, 2011 by Ryan Hinricher

Inventory continues its steep decline in the Orlando area.  Foreclosures are drying up and attention is shifting towards short sales.  What’s going on in Orlando is important because Orlando was one of the first markets to fall and appears to be turning a corner on prices.  In fact, Central Florida … Continue reading →

Declining Inventory in Central Florida

Posted on June 17, 2011 by Ryan Hinricher

I’ve been charting inventory in Central Florida (Orlando MSA) for a while now.  The inventory is in steep decline and the market is seeing some price rise.  Both median and average sales prices increased marginally but the inventory compression is forecasting a comeback in home prices:

A Case for Investing in Florida

Posted on May 21, 2011 by Ryan Hinricher

Central Florida, otherwise known as the greater Orlando area has seen its inventory of available homes decline by 25% in the last 12 months.  Now at the present rate of sales, there is only a 5 month supply of homes on the market. A case for investing in Florida?