Orlando Housing Market Named 2nd Hottest for 2019
Orlando housing market ranks at number 2 for the hottest in 2019
Five of the hottest housing markets for 2019 are in the South, where housing is more affordable, drawing in new residents, a new Zillow report shows.
To find the hottest housing markets, Zillow looked for places where home values and rents are expected to outpace the nation in 2019, strong income growth, good job opportunities with low unemployment rates and a growing population.
The hottest housing markets this year include:
- San Jose, Calif.
- San Francisco
- San Diego
Here in the metro Orlando area, Zillow predicts Citrus Ridge (also known as Four Corners), Poinciana, and Astor will see the fastest home value growth in 2019. A booming job market, Orlando has the fifth-most job openings per person of all major markets, even though the metro’s population has grown faster than all but one large market (Austin, Texas).
“Affordability is attractive – for both young professionals and booming businesses, earning markets like Orlando, Minneapolis, Dallas and Nashville top billing in 2019,” said Zillow senior economist Aaron Terrazas.
Source: “7 things to know today and Orlando named one of the hottest housing markets for 2019,” Orlando Business Journal