Why Buy Orlando Florida Real Estate?

A few thoughts from your Ambassador's of Orlando…

Florida’s growth rate is ranked top 3 across all the 50 States. It ranks 4^th in population with around 18 Million, soon to be 3rd. We need to ask, What’s going on here!

Why Florida?

300 days of sunshine a year
Annual Average temperature of (70 degrees F) 21 C
1,200 to 1,800 miles of coast line (some of the best in the world)
No place in the state is any further than 60 miles from the coast.
Baby Boomers Retireing: 42% of this 80 million in number plan on retiring in the South East sector of the US.
No State income tax

Florida Ranks #1 (Triple Crown)

Job Growth - Population Growth - Tourism Appeal

Why buy in Orlando?

For the second consecutive year, the Orlando Florida metropolitan area scored high on the Milken Institute / Greenstreet Partners 2007 Best Performing Cities Index, improving from the sixth spot, making the top 5 for 2007.

It's official, America Loves Orlando:
The latest 2007 Harris poll shows Orlando is #6 among cities people across the country would most like to move to. That's up from #14 a year ago, and marks the biggest positive jump for any city in the survey! And Florida , is ranked #2 among states people living elsewhere would most like to move to.

Each WEEK Metro Orlando welcomes an estimates ...

... $756.6 million in retail sales
... 432 new adult residents
... 688,025 air travellers
... 695 residential building permits
... 65 new businesses establishing
... 960 new jobs
... 949,682 visitors
Source: Metro Orlando Economic Commission

Population Prediction: Already with the population of two million, metro Orlando is projected to be among the nation's fastest - growing regions throughout this decade. Below is a look at the projected population preditions. Source: Metro Orlando Economic Development Council

POPULATION
2010

2015

2020

Metro Orlando
2,185,500

2,236,410

2,691,410

Lake County
298,710

320,290

342,390

Orlango County
1,161,730

1,299,400

1,439,260

Oseola County
265,910

310,170

334,950

Seminole County
459,140

516,540

574,820

Orlando is one of the top housing markets in Florida, many builders are offering generous buyer incentives, upgrade packages and very competitive financing.
Orlando is undervalued when compared to other major city markets in the US.
Orlando is the world's top vacation and travel destination.
World-Class convention services (Orange County Convention Center)
Orlando International Airport. MCO is 16^th busiest in US, 28^th in the World, ranked #1 by International Air Transport Association & JD Powers in passenger satisfaction.
Average Hotel Occupancy Rates of around 70%
The Florida real estate appreciation rates are strong (with the Orlando short term vacation market being higher).
Orlando sees 40 to 55 million visitors each year.

Why do they come? 95 attractions… 62.5, 8 hr days to experience them all

(The Big Three)

1. WDW 28,000 acre family playground (They started it all around 30years ago.)

2. Universal Studios

3. Sea World

The honorable Mentions:

World-class Hospitality (The service culture is a way of life) 1 out of 4 work in the tourism industry.
Dining (4,500 restaurants, over 50 upscale within 10 mile radius of OCCS)
Golf Capital of the World (over 207 golf courses & 800 tennis courts)
An absolute shopping Mecca (52 mil. Sq. Ft. retail space, number 1 growth rate)
A Boating, Fishing & Water Sports Paradise (One of the highest concentration of lakes in the continental USA)
Over 180 unique events annually (Rodeo’s to art festivals)

Where do the tourist come from?

International represent (7.5%) Rank: Western Europe, Canada, South America, Asia

Domestic (92.5%) Visitor Characteristics

78% Leisure, 22% Business

How they get here? Air 22%, 70% Auto, 8% other

Types of Properties? Turn key Investment Opportunity’s

Why Now?

1. Value across the board (Prices & Exchange Rates)

2. Near 30 year low on interest rates (Great Investor Products)

3. Florida Growth (Compelling Supply & Demand)

4. Stock Market Instability (Bricks & Mortar)

We have all suffered losses in the recent stock market meltdown. The new trend is to add real estate & diversification to our investment portfolios.

In Conclusion:

It's time participate in the Orlando short-term vacation market.

"Fortune Favors the Bold"

Virgil Roman (70BC -19BC)

We are here to help you answer those questions, guide and advise you along the way.

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