Looking for an investment in Florida? Apparently, the ultimate area to buy and sell real estate is in the Metro Orlando area. According to a recent study by Florida Realtors, a growth increase of 9% for median home prices in Lake, Orange, Osceola, and Seminole Counties outpaced all other metropolitan areas in Florida. Orlando title insurance company, RECSFL, appreciates and understands the growth in our area represents the need for our services.

  • Florida Metropolitan Area Growth: Homes in Florida’s metropolitan areas as a whole appreciated an admirable 5.3% throughout the state. The Metro Orlando area’s standing may track long-term, and John Tuccillo, chief economist for Florida Realtors, believes this trend to be “sustainable”; 2014 is the second year running Metro Orlando has enjoyed the title of home-price growth front-runner. For the 2012-2013 selling year, Metro Orlando outpaced all other metropolitan areas in Florida by 3.4% (16.6% for metropolitan Florida areas vs. Orlando metropolitan area’s 20%).
  • Median Prices for Homes in the Metro Orlando Area: With annual median prices at $180,000 in the four-county Metro Orlando area, this may be the perfect time to buy or sell investment property, or purchase a vacation or primary home for your family. The price of homes included in the annual median price range is neither top- nor bottom-heavy. Tuccillo notes “…by and large, the [Metro Orlando] market is in very good shape” with varied prices of homes selling at around the same volume.
  • Number of Homes Sold in the Metro Orlando Area: The same study noted 28,531 homes were sold in the Metro Orlando area, an increase of 4.2% from the previous year. Statewide the number of homes sold was up by more than 8% for the same time period.

Contact Orlando title insurance company Real Estate Closing Solutions at 407 615-8550 or browse our website at learn more about how your real estate business can thrive by investing in Florida. Our title insurance and escrow closing agents look forward to assisting you in all your buying, selling, and refinancing needs.