If the media is to be believed the global economic situation is in meltdown....
Shares are on a roller coaster ride to nowhere and interest rates earn you nothing??
Investing in property in the right areas continues to be one way of beating this.
Florida is one such example biggest hit in the economic maelstrom of foreclosures, and house values plummeting. According to Real Estate Associations and business journal publication statistics Florida is bouncing back with prices rising and inventory shrinking as investors cherry pick the best returning deals. Major construction projects are suddenly taking off in Orlando with prestigious resorts being sold off to be redeveloped and major downtown apartments projects being started.
With Banks re-examining the times factors on clearing short sale homes and our access to finance options there has never been a better time to consider buying the home in the Florida which continues to be the most favoured destination for foreign investors.
Whether you are looking for a vacation home at a price you never dreamed of or an income generating home, working with our selected partners we have several ways of getting you that property.
Our team on the ground have access to all the homes on the market in Orlando area enabling us to provide a top class property finding service second to none.
What is the outlook for the relocation of international companies to Orlando?
Orlando's attractiveness to international companies has grown so strong that the city is poised to take over Miami's place as the state's top draw. There are multiple elements that international companies considering relocation to Orlando find appealing, such as its rate of job creation; presence of a qualified workforce; and centralized location. In fact, one of our local economists has predicted that Orlando is going to become the fastest growing area in Florida due to its geographic location
Does Orlando's housing market play a role an international company's decision to - or not to - relocate here?
Absolutely, and that's without even taking into consideration financial factors such as favourable rates of exchange or the area's very affordable home values.
International companies see in Orlando two very important elements that those who live here may take for granted: security (always at the top of the list) and space. Let's look at Spain and Brazil, as examples. Compared to the overcrowded conditions in those countries, Orlando's spaciousness and lovely neighbourhoods make it a relative paradise to the families who will be relocating with the company. Companies even choose Orlando over New York City for those reasons.
While most of a relocating company's new jobs will be filled by the local workforce (that's the point), some current employees do make the move with the company.
Relocation decision-makers don't just look at the business side, they also look at the employee side: where children are going to live, what type of housing is available, etc. There are many housing options available in Orlando, and incoming buyers can (in most cases) buy so much more home for the money here than in their countries of origin.