Daryl and Sarah Giordano recently bought a new house for their family, and they could not be more excited. “At first, we were really nervous about moving out of state,” said Sarah, a life long resident of rural New Hampshire. Daryl, a software engineer, quickly lost his trepidation about moving out of state when he saw what was happening with the job market in Orlando Florida. “We ended up getting a prime piece of Lake Mary real estate,” he said, still apparently awed by his fortune. “We never thought we would ever be able to afford a luxury home that close to Orlando.”
The opportunity was one that Daryl could not pass up. “My great grandfather immigrated from the old country,” he explained, “and my grandfather bought the small patch of land in New Hampshire. My father built a house on that land. For a while, because of the sky high cost of the housing market, I was really worried that Sarah and I would have the bad distinction of being the first generation that did not advance the family living standard. The housing market in Orlando changed all that.”
The Orlando market is indeed approaching critical mass. The prices and rates have never been lower, and the region itself is a remarkably safe investment. The Lake Eola fountain, the symbol for Orlando, has long symbolized high end, upscale living. That luxury lifestyle is driven by tourism and technology. Orlando is the land of Mickey, and Walt Disney World brings in vacationers from all over the world. More than 51 million people come to Orlando every year to enjoy the warm weather and the theme parks. This constant influx of tourism money keeps a robust Orlando economy going strong. The tourism money is further bolstered by the $13.4 billion dollar Orlando technology industry, which employs more than 53,000 people in the Orlando area.
This combination of a stable, robust, and two tiered economy makes the Orlando area a prime destination for luxury modern homes. Many of those looking to come to Orlando after moving out of state have long been priced out of the luxury home market, but that has been changing. The time to act, however, is now. The prices for luxury homes are going up after being abnormally low for the last few years. The market is currently in a bit of a frenzy as buyers are scrambling to act now before prices go up and inventory disappears.
See this link for more: www.luxuryhomesorlandofla.com