Orlando is a pioneer and is preparing for the transportation of the future
Under the leadership of Orlando Mayor Buddy Dyer, the city partnered with VHB to convene regional transportation stakeholders to create an Advanced Air Mobility (AAM) Transportation Plan to prepare for new mobility options, including emerging take-off technologies [...]
Real estate activity in Orlando - April 2022
Market situation The average sale price in April was recorded at US$370,000, an increase of 2.5% compared to US$361,000 in March 2022; this sets a new record for the third month in a row. Interest rates increased by 17.6%, from 4.2% in March 2022 to 4.9% in April 2022. This is [...]
Orlando was named the Best City in the USA to Start a Business in 2022!
This week, WalletHub released its report on the Best Big Cities to Start a Business in 2022 and two cities in the Sunshine State top the list. "Americans are born with an entrepreneurial streak. It's in our DNA. From the Gold Rush to the Industrial Revolution to the Internet Age, intense periods of innovation have shaped [...]
Real estate activity in Orlando - March 2022
Market situation The average sales price in March was recorded at US$361,000, an increase of 4.6% compared to US$345,000 in February 2022. This sets a record for the second month in a row. Interest rates increased by 8.7%, from 3.9% in February 2022 to 4.2% in March 2022. Overall sales [...]
Orlando considered the best city to start a business
According to a survey published on WalletHub.com, Orlando came first out of 100 major cities for starting a new business. Map of the best cities to start a business - the darker the better. Methodology In order to determine the best cities to launch a business, WalletHub compared 100 cities, [...]
How Florida's population will change over the next 20 years
Every year, millions of Americans pack their bags and move to a new state - whether for work, family reasons, a change in climate or any other reason. Migration and natural population changes resulting from births and deaths can cause significant demographic shifts, which have consequences for economies and governments [...]
Real estate activity in Orlando - February 2022
Market situation February's average house price was recorded at US$345,000, an increase of 2.99% compared to January 2022 and setting a new record, surpassing the December 2021 record of US$340,000. The average house price in February 2021 was US$280,000. Overall sales in February [...]
Sports Illustrated Resort coming to Orlando - Scheduled to open in 2024
ORLANDO, FL - Sports Illustrated is diving into the travel industry. The company is in the process of developing a new premium resort brand that will offer a range of experiences for vacationers, families and sports fans. Sports Illustrated Resort coming to Orlando (©Sports Illustrated Resorts) Sports Illustrated Resort's first property [...]
Get to know the Packing District
The Packing District is rooted in history, grounded in opportunity and future-oriented. It will be a new community for the city of Orlando, stitching together neighborhoods and paying homage to the legacy of this special place. The project is expected to take several decades to complete in its entirety. Led by Dr. Phillips Charities, the development of this area represents [...]
Real estate activity in Orlando - January 2022
Market situation The average house price in January was recorded at $335,000, a slight drop of 1.47% after the record of $340,000 in December 2021. Overall sales in January fell by 20.6%, with a total of 3,033 sales compared to 3,820 sales in December 2021. Houses averaged [...]